Key Developments: Verizon Communications Inc (VZ)

VZ on New York Consolidated

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24 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Verizon Communications Inc reaffirms FY 2014 revenue outlook
Tuesday, 21 Oct 2014 07:30am EDT 

Verizon Communications Inc:Says it continues to target consolidated top-line growth of 4 pct in FY 2014.Reported revenue of $120.55 bln in FY 2013.  Full Article

Verizon Communications raises quarterly dividend
Thursday, 4 Sep 2014 11:30am EDT 

Verizon Communications:Declares quarterly dividend of 55 cents per outstanding share, increase of 2 cents per share, or 3.8 percent, from previous quarter.On annual basis, this increases Verizon's dividend by 8 cents per share, from $2.12 to $2.20 per share.Payable on Nov. 3 to shareowners of record on Oct. 10.  Full Article

JCDecaux SA partners with Verizon to deploy mobile charging digital stations throughout major US Airports
Monday, 25 Aug 2014 01:54pm EDT 

JCDecaux SA:Completes rollout of 169 brand new mobile charging digital stations at four international airports in US.John F. Kennedy International Airport, Newark Liberty International Airport, Miami International Airport and Los Angeles International Airport.Newly designed mobile charging digital stations provide unique, in-demand service to 193 mln travelers.Each device is equipped with USB ports, regular AC outlets and an wireless recharge device.Units also feature two 32" digital, high definition screens for exclusive use of Verizon commercial and content messages.Verizon Wireless' 4G LTE network will be used to deliver digital ads to kiosks, including messages from Verizon.  Full Article

Verizon Communications Inc reaffirms FY 2014 outlook
Tuesday, 22 Jul 2014 06:33am EDT 

Verizon Communications Inc:Continues to target consolidated top-line growth of 4 pct for FY 2014.Reported revenue of $120.5 billion in FY 2013.FY 2014 revenue of $125.3 billion - Thomson Reuters I/B/E/S.  Full Article

Verizon Communications Inc announces expiration and final results of exchange offer
Thursday, 26 Jun 2014 11:28am EDT 

Verizon Communications Inc:Says expiration and final results of previously announced private offer to exchange up to all of Cellco Partnership's and Verizon Wireless Capital LLC's 600,000,000 pounds outstanding aggregate principal amount of 8.875 pct Notes due Dec. 18, 2018.Exchange for Verizon's new sterling-denominated 4.073 pct notes due 2024 and an amount of cash.  Full Article

Verizon Communications Inc closes sale of $3.3 billion in notes
Wednesday, 11 Jun 2014 12:23pm EDT 

Verizon Communications Inc:Closes on sale of $1,300,000,000 Floating Rate Notes due 2017 and $2,000,000,000 1.35 pct Notes due 2017.Underwriters, including four minority, women and veteran-owned firms.These are Barclays Capital Inc. J.P. Morgan Securities LLC Morgan Stanley & Co. LLC Citigroup Global Markets Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated Blaylock Beal Van, LLC CastleOak Securities, L.P. Drexel Hamilton, LLC and Muriel Siebert & Co., Inc.  Full Article

Verizon Communications declares quarterly dividend
Thursday, 5 Jun 2014 11:55am EDT 

Verizon Communications Inc:Declared a quarterly dividend of 53 cents per outstanding share.Payable on Aug. 1, to shareowners of record on July 10.  Full Article

Verizon Communications Inc announces exchange offer
Thursday, 29 May 2014 07:48am EDT 

Verizon Communications Inc:Commences private offer to exchange up to all of Cellco Partnership's and Verizon Wireless Capital LLC's 600,000,000 pounds outstanding aggregate principal amount of 8.875 pct notes due Dec. 18, 2018 for Verizon's new sterling-denominated notes due 2024 and an amount of cash.Exchange offer is conditioned on at least 300,000,000 pounds aggregate principal amount of Existing Notes- being validly tendered.Exchange offer will expire on June. 25 unless extended by Verizon.Tenders of existing notes in the exchange offer may be validly withdrawn at any time on June 11 unless extended by Verizon, but not thereafter, unless additional withdrawal rights are required by law.Price for each 1,000 pounds principal amount of existing notes tendered in the exchange offer will be calculated on June 11 unless extended by Verizon.Exchange Offer is being conducted by Verizon upon the terms and subject to the conditions set forth in a confidential exchange offer memorandum, dated May 29.  Full Article

Medallia signs agreement with Verizon Communications Inc
Thursday, 8 May 2014 08:30am EDT 

Verizon Communications Inc:Medallia signed an agreement with Verizon Communications.To unify customer feedback across Verizon's wireline, wireless and enterprise business units.Verizon selected Medallia for its solution that captures Voice of the Customer feedback from millions of customers each day to deliver intuitive real-time insights and actions back to employees, enabling them to rapidly identify issues, improve processes, and resolve problems.  Full Article

Verizon Communications Inc reaffirms FY 2014 revenue guidance
Thursday, 24 Apr 2014 07:32am EDT 

Verizon Communications Inc:Continues to target consolidated top-line growth of 4 percent for FY 2014.Reported revenue of $120.5 billion in FY 2013.FY 2014 revenue of $124.1 billion - Thomson Reuters I/B/E/S.  Full Article

U.S. delays 'incentive' airwaves auction to early 2016

WASHINGTON - The U.S. Federal Communications Commission expects a major auction of low-frequency airwaves to be pushed back to early 2016 from mid-2015 because of its complexity and a pending court challenge, an FCC official said in a blog post on Friday.

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