Tag: verizon
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Verizon lifts annual forecasts, signs $1 billion fiber deal with Google
July 24 : Verizon raised its annual adjusted profit forecast and said it had secured a more than $1 billion deal with Google to provide dark fiber connectivity for its data centers, sending the telecom operator’s shares up 3 per cent.More agreements are expected by the year-end that could generate multiple bi
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Verizon signs deal with Google worth over $1 billion
July 24 : Verizon CEO Dan Schulman said on Friday the company has secured a deal with Google, valued at more than $1 billion, to provide dark fiber connectivity for the search engine giant’s data centers.”We have other deals that we expect to announce by year end that taken together are expected to be worth…
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Verizon lifts annual forecasts as new mobile plans spur subscriber gains
July 24 : Verizon raised its annual forecast for adjusted profit and free cash flow, as the network provider’s latest unlimited 5G plans and rewards programs helped it add more wireless subscribers than expected in the June quarter. Shares of the company were up 3 per cent in premarket trading on Friday.
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US wireless carrier Verizon to sell 274 stores, lay off another 500 corporate employees
July 16 : U.S. wireless carrier Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs as part of its restructuring.The moves will affect about 3,000 retail and corporate employees. Verizon will own 1,000 stores after the sale, effective August 16. Verizon el
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Verizon targets wireless customers with new simpler plans, drops some fees
WASHINGTON, June 16 : Verizon is aiming to attract customers by offering simpler plans, dropping activation and upgrade fees and unveiling a new loyalty program offering discounts and perks.The U.S. company is aggressively competing with AT&T and T-Mobile in the saturated U.S. telecoms market, where network p
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