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Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

45.91USD
28 Apr 2017
Change (% chg)

$-0.76 (-1.63%)
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$46.67
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Tue, Apr 25 2017

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Verizon's bid challenges AT&T's offer for Straight Path: source

Verizon Communications Inc has made an offer for Straight Path Communications Inc , topping an earlier bid from AT&T Inc , in a move that starts a bidding war for a company holding spectrum used in 5G technology, according to a source familiar with the matter.

UPDATE 4-Verizon's bid challenges AT&T's offer for Straight Path -source

* Straight Path shares up 12.5 pct (Adds analyst comment, adds detail on share price)

BRIEF-Verizon launch FIOS Gigabit connection priced at $69.99 a month standalone

* Launched FIOS Gigabit connection priced at $69.99 a month standalone and starting at $79.99 a month for triple play bundle when ordered online Source text for Eikon: Further company coverage:

Business Watch: A first for Verizon

Verizon reported its first-ever quarterly loss of subscribers, even as it offered an unlimited data plan in an attempt to fend off smaller rivals like T-Mobile US and Sprint.

Verizon profit, revenue miss Wall Street view as subscribers dash

Verizon Communications Inc on Thursday reported its first-ever quarterly loss of subscribers, even as it offered an unlimited data plan, raising questions on whether the No. 1 U.S. wireless carrier may need a larger acquisition than Yahoo to diversify its business. | Video

Verizon's M&A signal comes in a little clearer

NEW YORK (Reuters Breakingviews) - Verizon's M&A signal is starting to come in a little clearer. The U.S. telecommunications titan reported a 20 percent drop in quarterly profit as a new sales initiative failed to attract customers. Its strategy behind buying AOL and Yahoo is perplexing. All of it probably helps explain why Chief Executive Lowell McAdam just indicated he's open to the idea of a bigger deal.

UPDATE 4-Verizon profit, revenue miss Wall Street view as subscribers dash

April 20 Verizon Communications Inc on Thursday reported its first-ever quarterly loss of subscribers, even as it offered an unlimited data plan, raising questions on whether the No. 1 U.S. wireless carrier may need a larger acquisition than Yahoo to diversify its business.

BRIEF-Verizon Communications Q1 earnings per share $0.84

* Q1 revenue $29.8 billion versus i/b/e/s view $30.77 billion

Verizon reports 20 pct fall in quarterly profit

April 20 Verizon Communications Inc, the No. 1 U.S. wireless carrier, reported a 20 percent fall in quarterly profit as it lost wireless postpaid subscribers despite the re-launch of unlimited data plans.

Verizon, Corning agree to $1.05 billion fiber deal

NEW YORK Verizon Communications Inc has agreed to buy optical fiber from Corning Inc for at least $1.05 billion over the next three years as the No. 1 U.S. wireless carrier aims to improve its network infrastructure, the companies said on Tuesday.

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