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Verizon Communications (VZ)

  • Aug. 12, 2010, 8:50 AM
    Smartphone sales jumped 50% in Q2, says Gartner, but sales of mobile phones generally were up just 13.8% and average selling prices fell by more than expected amid intense competition. Symbian phones from Nokia (NOK) took 41.2% of the smartphone market, followed by BlackBerry (RIMM) at 18.2%.
  • Aug. 11, 2010, 12:26 PM
    The Verizon (VZ)-Google (GOOG) net-neutrality policy proposal is a "reasonable framework," says AT&T (T) wireless chief Ralph de la Vega - who particularly agrees that the wireless market is different from fixed lines and could be subject to traffic restrictions.
  • Aug. 10, 2010, 10:51 AM
    Don't get too worked up about the net neutrality proposal from Verizon (VZ) and Google (GOOG); the agreement basically sticks to the status quo, has no teeth unless the FCC makes it part of its official rules, and allows Verizon to block content or services on its wireless network as long as it informs consumers.
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  • Aug. 9, 2010, 2:12 PM
    Google (GOOG) and Verizon (VZ) agree to a compromise on net neutrality enforceable on wireline networks without extending the same to wireless, including the idea that broadband providers would not be able to prioritize content for a fee. The agreement asks for transparency in network management on wireline and wireless networks. (live blog)
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  • Aug. 9, 2010, 1:53 PM
    Google (GOOG) and Verizon (VZ) issue their joint proposal for an open internet: "Users should choose what content, applications, or devices they use, since openness has been central to explosive innovation... America must continue to encourage both investment and innovation to support the underlying broadband infrastructure."
  • Aug. 9, 2010, 1:12 PM
    A roadmap from Verizon Wireless (VZ, VOD) that blogger Boy Genius says he obtained suggests that a Motorola (MOT) Droid tablet -- competition for the AAPL iPad -- isn't coming until next year, with a new 3.0 release of the Android OS (GOOG).
  • Aug. 9, 2010, 12:49 PM
    Google (GOOG) and Verizon (VZ) are holding a conference call at 1:30 p.m., hosted by their chief executives - which may shed some light on the reports Verizon denied last week that the companies were making a side arrangement around net-neutrality provisions.
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  • Aug. 6, 2010, 12:45 PM
    Verizon (VZ) and AT&T (T) have reportedly chosen Salt Lake City, Minneapolis and Austin, Texas, as pilot cities for the "Mercury" smartphone-payments system project - their attempt to crack the dominance of Visa (V) and MasterCard (MA) in payments networks. The carriers may work with Discover (DFS) and Barclays (BCS) for processing and management.
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  • Aug. 5, 2010, 5:20 PM
    The FCC calls off net neutrality talks aimed at reaching a compromise on new rules to prevent internet traffic from being blocked or slowed, after a report that Verizon (VZ) and Google (GOOG) were discussing a separate agreement which would allow the phone giant to prioritize some broadband traffic.
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  • Aug. 5, 2010, 2:35 PM
    Verizon (VZ +0.4%) rebukes a NYT article that says it is nearing a deal with Google (GOOG +0.2%) on web pay tiers that could lay the foundation for a system in which companies would pay to move their content faster. The article "fundamentally misunderstands our purpose," Verizon says, and any suggestion of a business deal between the companies is "entirely incorrect."
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  • Aug. 4, 2010, 8:48 AM
    Sources say Motorola (MOT +2.8%) and Verizon (VZ +0.9%) are teaming up to take on the iPad (AAPL), and plan to roll out their own Android-based (GOOG +0.3%) tablet that lets users watch TV on it as early as this autumn. The firms are hoping the TV integration will give their device a competitive advantage against rivals.
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  • Aug. 3, 2010, 11:42 AM
    The FCC over the weekend met again with Google (GOOG), AT&T (T) and Verizon (VZ) to work toward a compromise on net neutrality. No one's commenting on what's discussed, spurring concerns from activists that a "secret deal" could favor the communications companies over content providers. (previously: I, II)
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  • Aug. 2, 2010, 9:51 AM
    Visa (V -2.2%) and MasterCard (MA -3.1%) are both taking a beating on reports AT&T (T +2%), Verizon (VZ +1.3%) and T-Mobile USA (DTEGY.PK +1.6%) are working to supplant credit and debit cards with a smartphone payment system.
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  • Aug. 2, 2010, 7:27 AM
    AT&T (T), Verizon (VZ) and T-Mobile USA (DTEGY.PK) are reportedly working on a venture to get consumers to use smartphones as a mobile payment system instead of relying on debit and credit cards. Discover Financial (DFS) and Barclays (BCS) may help roll out a test system. Potential losers: Visa (V), MasterCard (MA). Premarket: VZ +1.5%, DFS +3.9%, BCS +3.9%, V -0.5%.
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  • Jul. 23, 2010, 9:00 AM
    Premarket gainers: KWK +17%. ARMH +12%. CRBC +11%. RAS +10%. ETFC +9%. F +5%. SCCO +5%. VZ +4%.
    Losers: BEC -17%. AMZN -11%. SNV -7%. ERIC -6%. SNDK -5%.
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  • Jul. 23, 2010, 7:36 AM
    Verizon (VZ): Q2 EPS of $0.58 beats by $0.02. Revenue of $26.77B (-0.30%) vs. $27.11B. Shares +2.1% premarket. (PR)
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Company Description
Verizon Communications Incis a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its two segments are Wireless and Wireline.