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Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

60.21USD
16 Nov 2018
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$1.13 (+1.91%)
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Latest Key Developments (Source: Significant Developments)

Verizon Acquires Software Defined Perimeter Assets From Vidder
Friday, 16 Nov 2018 01:51pm EST 

Nov 16 (Reuters) - Verizon Communications Inc ::VERIZON ACQUIRES SOFTWARE DEFINED PERIMETER ASSETS FROM VIDDER TO ENHANCE ENTERPRISE VIRTUALIZED SECURE NETWORKING SERVICES.TERMS OF TRANSACTION WERE NOT ANNOUNCED..  Full Article

Verizon Announces New Business Operating Structure
Monday, 5 Nov 2018 07:18am EST 

Nov 5 (Reuters) - Verizon Communications Inc ::VERIZON - ANNOUNCED A NEW OPERATING. STRUCTURE FOCUSED ON 3 AREAS: CONSUMER, BUSINESS & VERIZON MEDIA GROUP/OATH.VERIZON - EXPECTS TO TRANSITION TO FINANCIAL REPORTING UNDER NEW STRUCTURE DURING Q2 2019.VERIZON - CHANGES UNDER NEW STRUCTURE WILL BE EFFECTIVE JAN. 1, 2019.VERIZON - 'VERIZON CONSUMER GROUP' WILL INCLUDE CONSUMER SEGMENT FOR BOTH WIRELESS & WIRELINE BUSINESSES, INCLUDING WIRELESS WHOLESALE.VERIZON - 'VERIZON CONSUMER GROUP' WILL BE LED BY RONAN DUNNE, CURRENTLY EVP & PRESIDENT OF VERIZON WIRELESS.VERIZON - 'VERIZON BUSINESS GROUP' WILL INCLUDE WIRELESS & WIRELINE ENTERPRISE, SMALL & MEDIUM BUSINESS, & GOVERNMENT. BUSINESSES.VERIZON - 'VERIZON BUSINESS GROUP' WILL ALSO INCLUDE WIRELINE WHOLESALE & VERIZON CONNECT, THE CO'S TELEMATICS BUSINESS.VERIZON - VERIZON MEDIA GROUP/OATH WILL BE LED BY GURU GOWRAPPAN, WHO WAS PREVIOUSLY ANNOUNCED AS OATH CEO.VERIZON - VERIZON’S GLOBAL NETWORK & TECHNOLOGY ORGANIZATION WILL BE LED BY KYLE MALADY, CURRENTLY CTO.VERIZON - UNDER NEW STRUCTURE, THERE ARE NO CHANGES IN LEADERSHIP FOR COMPANY-WIDE STAFF FUNCTIONS.VERIZON - 'VERIZON BUSINESS GROUP' WILL BE LED BY TAMI ERWIN, CURRENTLY EVP WIRELESS OPERATIONS.  Full Article

Verizon Names K. Guru Gowrappan Oath CEO
Wednesday, 12 Sep 2018 02:00pm EDT 

Sept 12 (Reuters) - Verizon Communications Inc ::VERIZON NAMES K. GURU GOWRAPPAN OATH CEO.VERIZON - EFFECTIVE OCT 1, K. GURU GOWRAPPAN, WHO SERVED AS OATH'S PRESIDENT & COO SINCE APRIL, WILL ASSUME RESPONSIBILITIES AT OATH AS CEO.VERIZON - OATH FOUNDER TIM ARMSTRONG WILL BE LEAVING COMPANY AT END OF 2018.  Full Article

Verizon Commences 8 Separate Offers To Purchase For Cash Up To $2.5 Bln Of Outstanding Series Of Notes
Wednesday, 5 Sep 2018 05:30pm EDT 

Sept 5 (Reuters) - Verizon Communications Inc ::VERIZON ANNOUNCES TENDER OFFERS FOR 8 SERIES OF NOTES.VERIZON - COMMENCED 8 SEPARATE OFFERS TO PURCHASE FOR CASH UP TO $2.5 BILLION AGGREGATE PURCHASE PRICE OF OUTSTANDING SERIES OF NOTES.VERIZON - OFFERS WILL EACH EXPIRE AT 11:59 P.M. EASTERN TIME ON OCTOBER 2, 2018, UNLESS EXTENDED OR EARLIER TERMINATED BY VERIZON.  Full Article

Verizon Will Launch 5G In Houston In 2018
Tuesday, 24 Jul 2018 08:45am EDT 

July 24 (Reuters) - Verizon Communications Inc ::VERIZON WILL LAUNCH 5G IN HOUSTON IN 2018.VERIZON - PLANS TO LAUNCH 5G TECHNOLOGY IN HOUSTON STARTING IN SECOND HALF OF 2018.  Full Article

Verizon says Go90 will be discontinued on July 30 - Verizon Spokesperson
Thursday, 28 Jun 2018 06:12pm EDT 

June 28 (Reuters) - :VERIZON SAYS FOLLOWING THE CREATION OF OATH, GO90 WILL BE DISCONTINUED ON JULY 30 - VERIZON SPOKESPERSON.  Full Article

Verizon Sets Quarterly Dividend Of $0.59 Per Share
Thursday, 7 Jun 2018 11:50am EDT 

June 7 (Reuters) - Verizon Communications Inc ::SETS QUARTERLY DIVIDEND OF $0.59 PER SHARE.  Full Article

Synchronoss Renews Agreement To Power Verizon Cloud
Thursday, 22 Mar 2018 08:00am EDT 

March 22 (Reuters) - Synchronoss Technologies Inc ::SYNCHRONOSS RENEWS AGREEMENT TO POWER VERIZON CLOUD.SYNCHRONOSS TECHNOLOGIES INC - ‍RENEWED EXISTING AGREEMENT WITH VERIZON TO POWER VERIZON'S CLOUD SOLUTION FOR WIRELESS CUSTOMERS FOR ADDITIONAL 5 YEARS​.  Full Article

Verizon, CONCACAF Kick Off Multi-Platform Media Partnership
Tuesday, 27 Feb 2018 10:30am EST 

Feb 27 (Reuters) - Verizon Communications Inc ::VERIZON AND CONCACAF KICK OFF EXCLUSIVE MULTI-PLATFORM MEDIA PARTNERSHIP.ADDITIONAL TERMS OF DEAL WERE NOT DISCLOSED​.‍DEAL GIVES VERIZON EXCLUSIVE ENGLISH LANGUAGE RIGHTS TO DISTRIBUTE MULTIPLE CONFEDERATION CHAMPIONSHIPS​.DEAL TO DISTRIBUTE CONFEDERATION OF NORTH, CENTRAL AMERICAN AND CARIBBEAN ASSOCIATION FOOTBALL​ (CONCACAF) TOURNAMENTS ACROSS CO'S DIGITAL MEDIA PLATFORMS.PEOPLE IN CANADA, MEXICO AND CARIBBEAN WILL ALSO BE ABLE TO VIEW SELECT CONCACAF TOURNAMENTS ON CO'S DIGITAL PLATFORMS​.  Full Article

Bandwidth - Unit, Co And Verizon Services Entered Settlement Agreement
Friday, 9 Feb 2018 08:43am EST 

Feb 9 (Reuters) - Bandwidth Inc ::BANDWIDTH SAYS ON JAN 29, UNIT, CO AND VERIZON SERVICES, ON BEHALF OF ITSELF AND RELATED ENTITIES, ENTERED INTO SETTLEMENT AGREEMENT - SEC FILING.BANDWIDTH SAYS PURSUANT TO SETTLEMENT AGREEMENT, VERIZON MADE A $4.4 MILLION LUMP SUM PAYMENT TO CO ON FEB 8.BANDWIDTH SAYS ENTERED SETTLEMENT AGREEMENT TO RESOLVE ONGOING DISPUTE, LITIGATION WITH VERIZON, WHICH IS CARRIER ACCESS BILLING CUSTOMER OF CO.BANDWIDTH - SETTLEMENT AGREEMENT ALSO RESOLVED VERIZON'S COUNTER-CLAIMS AGAINST CO.BANDWIDTH - FOLLOWING LUMP SUM PAYMENT, CO WILL ISSUE TO VERIZON BILL CREDITS WITH RESPECT TO OTHER CABS AMOUNTS PREVIOUSLY BILLED TO VERIZON.  Full Article

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Verizon looks to expand 5G home broadband offering

BARCELONA Verizon plans to target a broader audience for its new 5G home broadband product following the adoption of global standards for the technology, CFO Matthew Ellis said on Wednesday.