Verizon aims to pass 30 million homes with fiber by 2028, including Frontier’s current passings, and eventually grow this to 35-40 million. The company highlighted that consumer-led convergence ...

Verizon’s stock is still up 4.6% this year, ahead of the roughly 5% decline for the S&P 500 but lagging shares of AT&T Inc. and T-Mobile US Inc. which are up 12% and 15%, respectively.

One noteworthy tidbit, however, had to do with Verizon’s planned fiber expansion. Last fall, the company announced it was acquiring Frontier in a $20 billion transaction.

The acquisition of Frontier, if completed, will expand Verizon's fiber footprint to about 50% more locations, but the firm still only reaches less than one quarter of the US population.

Verizon's strategic acquisition of Frontier Communications for $20B aims to expand its fiber broadband footprint. See why I continue to rate VZ stock a buy.

Verizon's acquisition of Frontier Communications for $20 billion aims to expand its fiber footprint and drive future premium mobility and broadband services. Read more here.

Verizon aims to pass 30 million homes with fiber by 2028, including Frontier’s current passings, and eventually grow this to 35-40 million. The company highlighted that consumer-led convergence ...

On top of that, there's the "troubling" fact that AT&T will soon "commence a big share repurchase program while funding fiber expansion 5x faster than Verizon," he wrote. That could impact ...

Verizon Communications Inc (NYSE:VZ) stock rebounded Wednesday after a selloff following the third-quarter print Tuesday, also getting a boost from AT&T Inc’s (NYSE:T) quarterly print. The sales ...