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Verizon's 2Q Profits Slip
AHN
Verizon Communications on Tuesday said that second quarter profits fell 24 percent, owing to labor and merger costs. The telephone company also attributed the fall to losing its customers to new providers such as cable-television company Comcast Corp. Net income for the New York-based company...
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Verizon Will No Longer Collect Excise Tax On Long Distance, Bundles
AHN
In a major policy-shift, Verizon Communications announced on Tuesday it will stop charging a three percent excise tax for long-distance telephone calls and those bundled with wireless and Web-based services.
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Verizon stops excise tax on long distance, bundles
YAHOO
Reuters - Verizon Communications said on Tuesday
it stopped collecting a 3 percent federal excise tax on monthly
bills for long-distance services and those bundled with
wireless and Web-based services.
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Verizon's profit falls 24 percent
YAHOO
AP - Second-quarter profits fell 24 percent at Verizon Communications Inc., weighed down by labor and merger expenses, but the results exceeded most forecasts as the telephone company's cellular and broadband Internet businesses posted more strong growth.
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Verizon revenue up on wireless growth
YAHOO
Reuters - Verizon Communications on
Tuesday reported a 26 percent rise in second-quarter revenue on
strong growth in its wireless business, but earnings fell on
costs related to its acquisition of MCI.
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Verizon, vendors work on next generation technology
YAHOO
Reuters - Verizon Wireless, a venture of Verizon
Communications Inc. and Vodafone Group Plc said
on Thursday it has been working with five communications
technology providers on developing the next generation of
wireless Internet services.
Sources: YAHOO
Wireless, Web seen driving AT&T, Verizon earnings
YAHOO
Reuters - Telecommunications giants AT&T Inc.
and Verizon Communications Inc. are expected to
report solid second-quarter earnings, buoyed by growth in
wireless and Internet subscribers.
Sources: YAHOO
Verizon's TV licensing may be only half the fight
YAHOO
Reuters - Verizon Communications Inc. looks
increasingly impatient to roll out its Web-based television
service nationwide, suing a Maryland county last week for
hampering its entry, but getting licenses may only be half the
battle.
Sources: YAHOO
US wants telecom surveillance lawsuits in DC court
YAHOO
Reuters - The U.S. Justice Department wants to
consolidate at least two dozen lawsuits against the government
and Verizon Communications Inc. that involve the National
Security Agency's alleged access to telephone customer records.
Sources: YAHOO
Verizon Expands Its Subscription TV Business
AHN
Verizon Communications said on Friday it has struck a multiyear deal with the Public Broadcasting Service and the Association of Public Television Stations for its new subscription television service to carry a wide range of programming from its public television stations....
Sources: AHN
Verizon strikes deal to carry public TV stations
YAHOO
Reuters - Verizon Communications said
on Friday it has struck a multiyear deal for its new
subscription television service to carry a wide range of
programming from public television stations.
Sources: YAHOO
Verizon To Carry Public Television Service
AHN
In an attempt to better compete with cable companies offering their own telephone and high speed Internet services, Verizon Communications has announced plans to carry public television services on its new subscription video service....
Sources: AHN
Verizon says to unveil TV deal with PBS on Friday
YAHOO
Reuters - Verizon Communications Inc.
will announce on Friday an agreement to carry public television
programming on its new subscription video service, the company
said on Thursday.
Sources: YAHOO
House backs bill to aid telcos offer TV service
YAHOO
Reuters - The U.S. House of Representatives on
Thursday handed a victory to AT&T Inc. and Verizon
Communications by approving a bill that would make it easier
for them to offer subscription television service.
Sources: YAHOO
Verizon Making Strides In Wireless Race
AHN
- Verizon Communications continues to leave rivals Cingular Wireless and Sprint Nextel Corp. in its dust, by delivering strong services to its clientele.
According to CBS Marketwatch, Verizon leads the pack with lower costs, fewer...
Sources: AHN
Verizon Wireless passes mark for 911 call location
YAHOO
Reuters - Verizon Wireless, the No. 2 U.S.
carrier, said on Friday more than 95 percent of its customers
had phones capable of identifying their location when they call
911 for help.
Sources: YAHOO
Verizon sees wireless margins near 50 percent-CFO
YAHOO
Reuters - Verizon Wireless, the No. 2 U.S. cell
phone service, could eventually raise its profit margin to
nearly 50 percent as it increases its market share, a top
executive of Verizon Communications , one of its parents,
said on Tuesday.
Sources: YAHOO
Telecoms added to NSA suit
CNN
BellSouth and AT&T have been added to a class-action lawsuit against Verizon Communications that claims the companies illegally participated in a National Security Agency domestic surveillance program.
Sources: CNN
BellSouth, AT&T added to NSA lawsuit
CNN
BellSouth and AT&T were added to a class-action lawsuit against Verizon Communications that claims the companies illegally participated in a National Security Agency domestic surveillance program. "They are violating federal law, which mandates a minimum penalty of $1,000 for every person whose records have been disclosed," said an attorney who filed the lawsuit.
Sources: CNN
Telcos careful with words on NSA spy program
YAHOO
Reuters - Verizon Communications Inc. and
BellSouth Corp., facing consumer lawsuits seeking massive
damages, have issued carefully worded denials of a report that
they turned over millions of customers' calling records to a
U.S. spy agency.
Sources: YAHOO
Telecom giants added to NSA lawsuit
CNN
BellSouth and AT&T were added to a class-action lawsuit against Verizon Communications that claims the companies illegally participated in a National Security Agency domestic surveillance program. "They are violating federal law, which mandates a minimum penalty of $1,000 for every person whose records have been disclosed," said an attorney who filed the lawsuit.
Sources: CNN
Verizon Denies Giving NSA Phone Records
YAHOO
AP - Verizon Communications Inc. on Tuesday joined fellow phone company BellSouth in denying key points of a USA Today story that said the companies had provided records of millions of phone calls to the government.
Sources: YAHOO
Verizon denies giving NSA phone info
CNN
Verizon Communications Inc. on Tuesday denied media reports that it entered into a contract with the National Security Agency to hand over information about customer phone calls. Last week, USA Today reported the NSA was secretly collecting phone records from Verizon, BellSouth and AT&T. BellSouth issued its own denial Monday.
Sources: CNN
Verizon: NSA Didn't Ask Us for Records
YAHOO
AP - Verizon Communications Inc. denied Tuesday that it had received a request for customer phone records from the National Security Agency, bringing into question key points of a USA Today story.
Sources: YAHOO
Verizon denies giving NSA phone info
CNN
Verizon Communications Inc. denied earlier media reports that it entered into a contract with the National Security Agency, providing the government office with info about its customer phone calls.
Sources: CNN
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