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Verizon and Frontier could expand and enhance rural broadband infrastructure in the northeastern corner of Arizona via a lawsuit settlement.
Telecommunications giant Verizon (NYSE:VZ) reported Q2 CY2025 results , with sales up 5.2% year on year to $34.5 billion. Its GAAP profit of $1.18 per share was 1.5% above analysts’ consensus ...
Verizon's stock rebounded after Q3 earnings, but sales growth was flat at $33.33B. Analysts maintain ratings and targets, with concerns about future investments and competitive pressure.
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.
Upon closing, Frontier is expected to bring in approximately 9-10 million fiber passings. In 2025 Verizon is targeting an expansion of Fios builds to up to 650,000 passings annually.
For the full year, Verizon’s revenues increased a modest 3.8 percent to $130.9 billion in 2018, compared with 2017 results. But, those Q4 impairments cut full-year net income in half to just $16 ...
Written by Aritra Chatterjee for Zacks -> Verizon Communications Inc. VZ has gained 9.6% in the year-to-date period compared with the Wireless National industry’s growth of 12.7%.
SCRANTON – The city has partnered with Verizon to make fiber-optic, high-speed internet access available throughout the city, Mayor Paige Gebhardt Cognetti announced Wednesday. She credited the ...