Verizon

Verizon says resolved network disruption; FCC probing firm's network outage

The FCC is investigating the AT&T outage, which blocked more than 92 million voice calls and prevented more than 25,000 attempts to reach 911, the agency said

Verizon to sell mobile towers to infra firm Vertical Bridge in $3.3 bn deal

The deal, covering 6,339 towers across all 50 US states and Washington D.C., includes upfront cash proceeds of $2.8 billion. The towers will be leased back to Verizon for 10 years

Verizon to buy Frontier in $20 bln deal to boost US fiber network

Verizon has offered $38.50 per share, representing a premium of 37.3% to the closing stock price of Frontier on Sept. 3, a day before reports of a potential acquisition first emerged

Verizon to buy Frontier in $20 billion deal to boost fibre network

Frontier shares, which had surged nearly 38 per cent in the previous session, fell below Verizon's offer price in premarket trading to $35.14, while Verizon climb­ed about 1 per cent

AT&T beats Q1 estimates for wireless subscriber additions, free cash flow

AT&T added 349,000 net monthly bill-paying wireless phone subscribers in the first quarter, flying past expectations of 286,800 additions, according to five analysts polled by FactSet

ESPN could be valued at $24 billion, likely buyers Apple and Verizon

Disney begins appraisal process for Hulu stake Walt Disney said it plans to buy Comcast's one-third of the Hulu streaming service, kicking off an appraisal process that will extend into next year

Q2 results: HCLTech net beats estimates, but FY24 growth forecast cut

The company reported its net new bookings in the quarter at an all-time high of $3.96 billion in total contract value (TCV)

Not acquiring Vodafone Idea: Verizon executive denies media reports

Denying that it was in discussions with Vodafone Idea with Verizon, Amazon, or Starlink, Vodafone Idea said that India is an important part of the company's growth plans

Verizon executive testifies Google search always pre-installed on phones

Brian Higgins, a 28-year Verizon veteran who was on a team from 2017 to 2023 that struck deals with Google to pick software to preload onto the carrier's phones, testified in a federal court

HCLTech signs $2.1 billion managed network services deal with Verizon

HCLTech said it expects this deal to have a positive revenue impact over the next six years beginning in November 2023, with an estimated new total contract value of $2.1 billion over the term

Verizon Business inks pact with HCLTech for managed network services

On the other hand, Verizon Business will continue to lead all customer acquisition, sales, solutioning, and overall planning and development with its customers

Joe Biden thanks Verizon, AT & T for agreeing to delay 5G deployment

US President Joe Biden on Tuesday (local time) thanked Verizon and AT & T for agreeing to delay 5G deployment around key airports."I want to thank Verizon and AT & T for agreeing to delay 5G deployment around key airports and to continue working with the Department of Transportation on safe 5G deployment at this limited set of locations," read Biden's statement on 5G Agreement.There was uproar among Airlines companies over the deployment of 5G signals next to runways that could interfere with the key safety equipment that pilots rely on to take off and land in inclement weather."This agreement will avoid potentially devastating disruptions to passenger travel, cargo operations, and our economic recovery while allowing more than 90 per cent of wireless tower deployment to occur as scheduled," said Biden."This agreement protects flight safety and allows aviation operations to continue without significant disruption and will bring more high-speed internet options to millions of ..

AT&T, Verizon reject US request to delay rollout of 5G wireless tech

Verizon and AT&T have rejected a request by the US government to delay the rollout of next-generation wireless technology. A joint letter Sunday from the telecommunications giants to US Transportation Secretary Pete Buttigieg and Steve Dickson, the head of the Federal Aviation Administration, sought to dismiss concerns brought by US airlines that a new 5G wireless service could harm aviation. But Hans Vestberg, CEO of Verizon Communications, and John Stankey, CEO of AT&T, also wrote that they were willing to accept some temporary measures over the next six months to limit the service around certain airport runways. Airlines had asked the Federal Communications Commission to delay this week's scheduled 5G rollout, saying the service, set to launch Wednesday, could interfere with electronics that pilots rely on. Airlines for America, a trade group for large US passenger and cargo carriers, said in an emergency filing that the FCC has failed to adequately consider the harm that ..

Wall Street rises on upbeat earnings, recovery optimism; Dow up 260 pts

Coca-Cola Co rose 1.9% after boosting its full-year sales forecast, while Verizon Communications Inc added 1.1% after it beat estimates for quarterly results

Verizon results beat estimates as 5G push attracts more customers

Verizon added 275,000 postpaid phone subscribers in the second quarter, above FactSet estimates of 174,800, as the reopening of its stores also helped drive subscriber growth.

Verizon to make Google's Messages default app on Android devices from 2022

With that move, Verizon would join peers AT&T Inc and T-Mobile US Inc in propping up competition to Apple Inc's iMessage service.

With cloud and AI, IBM broadens 5G deals with Verizon and Telefonica

IBM will offer telecom operators Verizon and Telefonica new services ranging from running 5G over a cloud platform to using artificial intelligence

In a first, Verizon brings commercially available private 5G network in US

Verizon has been trialing private 5G with several customers and has partnered with the likes of Microsoft and Amazon

Verizon selling Yahoo, AOL unit to Apollo in $5-billion deal

As part of the deal, Verizon will receive $4.25 billion in cash, preferred interests of $750 million and the minority stake

Verizon, Apple partner to swap out corporate-owned phones for 5G iPhones

The companies said the "Fleet Swap" program can be used to replace a business' corporate-owned devices from Verizon or other carriers at 'zero upfront cost, with zero to low cost per month.'