Business Standard

Verizon Communications

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 says resolved network disruption; FCC probing firm's network outage
Updated On : 01 Oct 2024 | 10:33 AM IST

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 sell mobile towers to infra firm Vertical Bridge in $3.3 bn deal
Updated On : 30 Sep 2024 | 6:55 PM IST

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 bln deal to boost US fiber network
Updated On : 05 Sep 2024 | 11:40 PM IST

HCL Tech surges 4% on inking $2.1 billion deal with Verizon Communications

HCL Tech 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 US$ 2.1 billion over the term.

HCL Tech surges 4% on inking $2.1 billion deal with Verizon Communications
Updated On : 11 Aug 2023 | 9:47 AM IST

Airlines warn of flight delays as AT&T, Verizon balk at 5G delay

The companies said they might offer a six-month pause near some airports.

Airlines warn of flight delays as AT&T, Verizon balk at 5G delay
Updated On : 03 Jan 2022 | 10:41 PM IST

Verizon Communications is weighing a sale of Yahoo!, AOL unit

The company is talking to Apollo Global Management Inc. about a deal

Verizon Communications is weighing a sale of Yahoo!, AOL unit
Updated On : 30 Apr 2021 | 12:40 AM IST

Warren Buffett's Berkshire Hathaway reveals three new secret buys

The company cut its Apple stake, still holds $120 bn

Warren Buffett's Berkshire Hathaway reveals three new secret buys
Updated On : 18 Feb 2021 | 2:02 AM IST

Verizon beats estimates on lockdown boost to phone, internet services

Revenue in Verizon's media unit, which includes Yahoo, HuffPost and TechCrunch, declined 24.5% in the second quarter

Verizon beats estimates on lockdown boost to phone, internet services
Updated On : 25 Jul 2020 | 11:49 AM IST

AGR dues: After SC denies relief, is it the end of road for Vodafone Idea?

Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year

AGR dues: After SC denies relief, is it the end of road for Vodafone Idea?
Updated On : 15 Feb 2020 | 2:01 AM IST

Verizon's voluntary separation offers irk its 3,000-odd employees

The move comes at a time when the biggest player of the US wireless market, Verizon, is trying to slash expenses and save $10 billion in costs by 2020

Verizon's voluntary separation offers irk its 3,000-odd employees
Updated On : 29 Sep 2018 | 5:30 AM IST

AT&T, Verizon Communications under US scrutiny over mobile technology

Carriers may have colluded to make switching harder for users

AT&T, Verizon Communications under US scrutiny over mobile technology
Updated On : 21 Apr 2018 | 9:04 PM IST

Verizon, Yahoo agree to lowered $4.48 billion deal

Verizon's shares rose 0.6% to $49.50 in early trading, while Yahoo's shares were up 0.3% at $45.25

Verizon, Yahoo agree to lowered $4.48 billion deal
Updated On : 21 Feb 2017 | 9:08 PM IST

Verizon reports 5.6% fall in Q4 revenue

It struggles to fend off rivals in a maturing US wireless market

Verizon reports 5.6% fall in Q4 revenue
Updated On : 24 Jan 2017 | 6:19 PM IST

Verizon says Yahoo hack could reopen $4.8-bn deal talks

Yahoo said, 'We are confident in Yahoo's value and we continue to work towards integration with Verizon'

Verizon says Yahoo hack could reopen $4.8-bn deal talks
Updated On : 15 Oct 2016 | 1:04 AM IST

Despite Yahoo! deal, Verizon still an ad laggard to Google, Facebook

Verizon could announce an agreement to buy Yahoo!'s internet business for about $5 billion in the next few days

Despite Yahoo! deal, Verizon still an ad laggard to Google, Facebook
Updated On : 23 Jul 2016 | 9:19 PM IST

Verizon, AT&T set to make final round of bids for Yahoo web assets, sources say

This would leave Yahoo just owning a 35.5% stake in Yahoo Japan Corp, a 15% stake in Alibaba

Verizon, AT&T set to make final round of bids for Yahoo web assets, sources say
Updated On : 13 Jun 2016 | 12:54 PM IST

About 40,000 Verizon workers go on strike

The strike could affect service in Verizon's Fios Internet, telephone and TV services businesses across several US East Coast states, including New York, Massachusetts and Virginia

About 40,000 Verizon workers go on strike
Updated On : 14 Apr 2016 | 12:03 AM IST