Bulls REASONS TO BUY
May 20, 2013
(Penny Stock DD, 5/4/13)
Verizon Communications would like to buy out Vodafone from their wireless joint venture, but will not do so at any cost, its chief executive told JPMorgan analysts. In...(read more)
(Stock Blog Hub, 4/18/13)
Verizon Communications Inc. (VZ) has tied up with Cox Communications to offer bundled service packages consisting of video, phone and Internet in Phoenix and Las Vegas....(read more)
(Telecom Ramblings, 4/18/13)
With all the hoopla over buying out Vodafone's interest in Verizon Wireless, the company's Q1 earnings report kind of snuck up on us. Not that it matters though, because when you're big enough the...(read more)
Verizon Communications (VZ) Company Overview
Verizon Communications (NYSE: VZ) is a U.S. telecommunication company and provider of fixed-line, wireless, television, and data services. Its wireless division, Verizon Wireless, is a joint venture with Vodafone and represents the largest subscriber base with 94.1 million customers and 102.1 million total connections.. In fiscal year 2010, Verizon recorded revenues of $106.6 billion and net income of $2.5 billion.
Verizon's main business segments are its wireless and wireline segments. In 2010, to jumpstart its wireline business segment, which has experienced increased competition as customers switch to wireless products or less expensive alternatives such as VoIP technology, VZ has delved deeply into its Fiber-to-the-Home (FTTH) service, FiOS, investing over $20 billion in 2010.(Read more at Wikinvest )
What's in this VZ analysis on Wikinvest...