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Telecom Lowell McAdam

  • UPDATE 1-Verizon says earnings may "plateau" in 2016 Thursday, 17 Sep 2015 | 10:16 AM ET

    Sept 17- Verizon Communications Inc said earnings may "plateau" next year as consumers are driving changes to its wireless business model and the telecom company forays into new markets such as mobile video amid stiff competition. "Although consumer demand is disrupting Verizon's traditional business models, the company is transforming around the...

  • What is Verizon really getting with AOL? Tuesday, 12 May 2015 | 4:54 PM ET
    A pedestrian checks his mobile phone while walking past a Verizon Wireless store in San Francisco, California.

    The crown jewel for Verizon in its acquisition of AOL is advertising, led by the mass media company's proprietary technology.

  • Cramer: Why the Verizon-AOL deal is 'brilliant' Tuesday, 12 May 2015 | 9:51 AM ET
    Verizon to buy AOL for $4.4 billion.

    CNBC's Jim Cramer explains why the Verizon/AOL merger will benefit both parties.

  • Verizon to buy AOL for $4.4B; AOL shares soar Tuesday, 12 May 2015 | 9:02 AM ET
    Verizon to buy AOL for $4.4 billion.

    Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion.

  • Verizon will sell $15.54 billion in assets Thursday, 5 Feb 2015 | 5:59 PM ET
    Verizon CEO Lowell C. McAdam speaks during a keynote address at the 2013 Consumer Electronics Show in Las Vegas.

    Verizon announced two multibillion-dollar deals after hours on Thursday.

  • Verizon revenue rises on retail subscriber growth Thursday, 22 Jan 2015 | 10:40 AM ET
    A pedestrian talks on a mobile phone as she walks past a Verizon Wireless retail store in Washington, D.C.

    Verizon's revenue rose due to higher net addition of postpaid subscribers and a rise in average revenue per account.

  • Advertisers may fall in love with cord cutters Wednesday, 7 Jan 2015 | 2:06 PM ET
    DISH President and CEO Joe Clayton introduces Sling Television, an Internet pay-television service, at he 2015 International CES on January 5, 2015 in Las Vegas.

    Cord cutting has been blamed for weak TV ratings, but viewers who watch video over the Internet may be more valuable to advertisers.

  • Too many rumors could spell trouble for AOL Tuesday, 6 Jan 2015 | 4:14 PM ET
    Lowell McAdam, Verizon, and Tim Armstrong, AOL

    Rumors of an AOL takeover are heating up, but that's not necessarily a good thing.

  • Reports of AOL talks 'not accurate': Verizon CEO Tuesday, 6 Jan 2015 | 11:16 AM ET
    Verizon CEO Lowell C. McAdam speaks during a keynote address at the 2013 Consumer Electronics Show in Las Vegas.

    Reports that Verizon has held concrete discussions to acquire AOL are "not accurate," Verizon CEO Lowell McAdam said on Tuesday.

  • Verizon stock jumps after CEO's remarks Thursday, 10 Jul 2014 | 3:22 PM ET
    Verizon CEO Lowell C. McAdam speaks during a keynote address at the 2013 Consumer Electronics Show in Las Vegas.

    Verizon shares rose after CEO Lowell McAdam divulged parts of the company's second-quarter results in an interview with CNBC.

  • Verizon CEO quashes Dish Network merger rumors Tuesday, 20 May 2014 | 11:03 AM ET
    Lowell C. McAdam, chairman and chief executive officer of Verizon Communications Inc.

    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 CEO on the megadeal Tuesday, 3 Sep 2013 | 9:10 AM ET
    Verizon CEO: The $130B megadeal

    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 Giving Parents $7 Billion Gift Tuesday, 14 May 2013 | 7:22 AM ET

    Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.

  • Some Verizon Investors May Accept Vodafone Premium Monday, 6 May 2013 | 1:34 AM ET

    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.

  • Vodafone Shares Rise on Verizon Sale Talk Tuesday, 8 Jan 2013 | 5:00 AM ET

    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.