Zennie Abraham / Zennie62
tech

Verizon Wireless Profit Under Threat as Price War Escalates – San Francisco Chronicle

San Francisco Chronicle(Updates with closing stock price in fifth paragraph.) Jan. 21 (Bloomberg) — Verizon Communications Inc., owner of the biggest U.S. wireless network, said it’s studying how to respond to intensifying price competition, potentially leading to moves that may …Verizon leads the industry, with the most expensive average contract, best …DailyTechBiz Break: Intel sells […]

Zennie Abraham / Zennie62
tech

Verizon Studies Options as Wireless Price War Threatens Profits – Bloomberg

BloombergVerizon Communications Inc. (VZ), owner of the biggest U.S. wireless network, said it’s studying how to respond to intensifying price competition, potentially leading to moves that may reduce its profit margins. After reporting a fourth-quarter wireless margin of …Verizon’s fourth quarter earnings top estimatesUSA TODAYVerizon Swings to Profit Amid Subscriber Growth — UpdateWall Street JournalVerizon […]

Zennie Abraham / Zennie62
tech

Verizon revenue climbs on strong mobile growth – Reuters

ReutersNEW YORK (Reuters) – Verizon Communications Inc reported on Tuesday its quarterly revenue grew 3.4 percent, slightly faster than analysts estimated, as it added more subscribers than expected at its Verizon Wireless venture with Vodafone Group Plc.Verizon posts Q4 profit of $7.9B, adds 1.7M connectionsCNETVerizon Beats Estimates as Wireless Users Increase SpendingBloombergVerizon 4Q net income […]