Verizon announced two multibillion-dollar deals after hours on Thursday.» Read More
Sprint's stance starkly contrasts with that of other U.S. wireless and cable companies such as Comcast Corp, Time Warner Cable Inc, Verizon Communications Inc and AT&T Inc.. In a call with investors last week, Verizon's Chief Executive Officer Lowell McAdam said that the stronger regulatory regime is "completely the wrong way to go" and would stifle job creation...
SAN FRANCISCO, Feb 5- Verizon Communications said it would sell wireline assets to Frontier Communications for $10.54 billion in cash and sell and lease cell phone towers for around $5 billion to American Tower in a deal that will help it pay off recent wireless spectrum purchases. Frontier will nearly double its size by buying Verizon's local wireline...
NEW YORK/ SAN FRANCISCO, Feb 4- Verizon Communications is close to selling wireline assets worth $10 billion to regional telephone operator Frontier Communications Corp, a person familiar with the matter said on Wednesday. The largest U.S. carrier by subscribers, Verizon has been investing heavily in growing its wireless business while reducing spend on its...
Feb 2- Verizon Communications Inc is nearing wrapping up deals to sell more than $10 billion in assets, the Wall Street Journal reported, citing people familiar with the matter. Divesting assets could also help Verizon repurchase some shares it issued after it announced the Vodafone deal, he added. In 2013, Verizon announced its plans to acquire the 45 percent...
Jan 6- Verizon Communications Inc Chief Executive Lowell McAdam said the company is not planning any major acquisitions, following a report that Verizon had approached AOL Inc for a potential deal. "I think AOL along with lots of other media companies are potential for us to do partnering, on a commercial basis or whatever," McAdam said at a conference on Tuesday.
Reports that Verizon has held concrete discussions to acquire AOL are "not accurate," Verizon CEO Lowell McAdam said on Tuesday.
WASHINGTON, Sept 16- U.S. Federal Communications Commission chairman Tom Wheeler urged consumer advocates and wireless industry representatives on Tuesday to address how wireless carriers might be allowed to "reasonably manage" their Internet networks.
Sept 11- Verizon Communications Inc Chief Executive Lowell McAdam said on Thursday that the telecoms company would be open to selling some of its towers if the price was right.
NEW YORK, Sept 11- Verizon Communications Inc Chief Executive Lowell McAdam said on Thursday that the telecoms company would open to selling some of its towers if the price was right.
Verizon shares rose after CEO Lowell McAdam divulged parts of the company's second-quarter results in an interview with CNBC.
Verizon's Lowell McAdam called merger rumors a "fantasy," making Dish's next move unclear days after AT&T announced plans to buy DirecTV.
Verizon's agreement to purchase longtime partner Vodafone's 45 percent of the company is the third-largest acquisition deal of all time. Verizon CEO Lowell McAdam discusses details of the cash-and-stock buyout.
Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.
Some shareholders of Verizon Communications say they could be happy for the company to pay up to $130 billion for Vodafone Group's stake in their U.S. wireless venture.
Shares in Vodafone rose almost 3 percent on Tuesday after its partner in U.S. joint venture Verizon Wireless said it would be "feasible" to buy out the British group in what would be one of the biggest corporate deals ever.