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Zacks News
Verizon Communications Inc. was formed through the merger of Bell Atlantic and GTE Corp. The company offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide. With the ramp-up of 5G service across the country, Verizon is likely to retain its lead in promulgating 5G mobile networks nationwide by using virtualized machines, advanced levels of operational automation and adaptability. Effective second-quarter 2019, the company has reorganized its operating segments under its new operating structure dubbed Verizon 2.0.
FCC to Initiate Stage 3 of the 600 MHz Spectrum Auction
by Zacks Equity Research
U.S. telecom regulator, the Federal Communications Commission (FCC), is likely to commence the stage 3 of the second part (forward auction) of the ongoing Incentive Auction.
Telecom Providers' Zero-Rated Plans to Face FCC Scrutiny
by Zacks Equity Research
The FCC recently issued letters to two major telecom providers in the U.S. -- Verizon (VZ) and AT&T (T).
Charter Communications to Restructure Enterprise Business
by Zacks Equity Research
Charter Communications Inc. (CHTR) has decided to rebrand its Enterprise Business Service division within the next three weeks.
Stock Market News for October 21, 2016
by Zacks Equity Research
Benchmarks finished in the red on Thursday following slump in oil prices and decline in telecom stocks
Jobless Claims, Draghi Speaks, More Q3 Earnings
by Mark Vickery
The finance-heavy early earnings season has shown some real progress in pushing out of a 5-month-long earnings recession.
Marriott Hotel King, Yahoo's Breach and Twitter to Be Sold?
by Mark Vickery
Marriott is now the world's largest hotel chain, 500 million Yahoo accounts were compromised and Twitter may be up for sale.
U.S. Telecom: Pricing War, Regulatory Control Major Concerns
by Zacks Equity Research
Net neutrality implies an open-Internet atmosphere which will prohibit ISPs, especially telecom and cable TV operators, from discriminating against applications.
Q2 Earnings Season Opens the Spigot: MCD, VZ, CAT & More
by Mark Vickery
Following a first couple weeks of a mostly positive trickle of earnings reports released, we've now opened the tap fully.
Stock Market News for July 25, 2016
by Zacks Equity Research
Benchmarks ended in the green on Friday following strong gains from telecom giants Verizon and AT&T and better-than-expected private domestic manufacturing data.
Got Your Jobs Correction Right Here!
by Mark Vickery
The June Non-farm Payroll Report was released before the bell this morning, bringing a surprisingly high 287K jobs to the market.
More Data Points to 'Muddle-Through' Economy
by Mark Vickery
Productivity falling to a negative is not a good thing for GDP numbers ??? and we know Janet Yellen and the rest of the FOMC are paying attention.
Head-Scratcher Time: BLS Jobs at 38K Well Short of Estimates
by Mark Vickery
May jobs totals are more than 100K shy of even the low range of analyst estimates prior to the non-farm payroll report's release.
ADP Sets Table for Jobs Report with Gain of 173K
by Mark Vickery
Results for May has come out slightly ahead of expectations at 173K private sector jobs for the month, with Professional/Business Services posting the highest gains.
Stock Market News for April 29, 2016
by Zacks Equity Research
Stock Market News for April 22, 2016
by Zacks Equity Research
Benchmarks snapped three straight sessions of gains to close in the red on Thursday following declines in telecom stocks
Telecom Industry Stock Outlook - Jan. 2016
by Zacks Equity Research
U.S. telecom operators will spend around $104 billion during 2015-25 to upgrade their existing 4G networks to 5G standards and thereafter.
Telecom Industry Stock Outlook - Jan. 2016
by Zacks Equity Research
U.S. telecom operators will spend around $104 billion during 2015-25 to upgrade their existing 4G networks to 5G standards and thereafter.
Strong Earnings Season Winding Down
by Sheraz Mian
It's been tough for the retailers in recent quarters and Q2 is no different.
It's All About Q3 Guidance
by Sheraz Mian
Guidance has been overwhelmingly weak for quite some time, keeping the revisions trend firmly in the negative direction.