The Latest Breaking News from Verizon Communications Inc

The Federal Aviation Administration (FAA) plans to meet with telecom and airline industry officials to discuss a campaign to modify and eventually replace some airplane radio altimeters that could face interference from C-Band 5G wireless service, Reuters reported. The altimeters provide data on a plane's height above the ground and are…

Analysts listed their reasons for preferring AT&T Inc (NYSE: T) over Verizon Communications Inc (NYSE: VZ) post Q1.

Although the Dow Jones index has recovered from its mid-March lows, certain constituent stocks have been underperforming of late due to their companies’ weak financials and bleak growth prospects. Thus, we think it advisable to avoid adding underperforming Dow Jones stocks Walt Disney (DIS), Home Depot (HD), and Version (VZ)…

Now the new Apple Inc (NASDAQ:AAPL) iPhone SE buyers choosing AT&T Inc (NYSE:T) or T-Mobile US Inc (NASDAQ:TMUS) can enter the data and connect to their carrier when they power on the device, Bloomberg reports. The “on-device authentication” process will begin in stores on March 29 and will likely take the edge off the customer service by…

Apollo Global Management Inc (NYSE:APO) is discussing with sports betting companies to merge their assets with Yahoo Sports, CNBC reports. Apollo acquired Yahoo from Verizon Communications Inc (NYSE:VZ) for $5 billion in 2021. Yahoo has spoken with is Australia-based Pointsbet Holdings Ltd (OTC:PBTHF), which has a market valuation of about $760 million. Apollo and Yahoo are considering merging…

Verizon Communications Inc (NYSE:VZ) looks to build a private 5G network for BlackRock Inc at its new Hudson Yards headquarters, juicing up rivalry with AT&T Inc (NYSE:T) and T-Mobile US Inc (NASDAQ:TMUS). Verizon said that the new 5G wireless technology could replace Wi-Fi and give BlackRock the ability to use applications like virtual reality and edge computing that require…

Analysts had mixed views on Verizon Communications Inc (NYSE:VZ) post Q4 earnings. Deutsche Bank analyst Bryan Kraft raised the price target on Verizon to $59 from $57 (15% upside) and reiterated a Hold rating on the shares.  The analyst sees about 8% upside in the stock over the next 12 months, with the target increasing…

Verizon Communications Inc (NYSE:VZ) reported a fourth-quarter FY21 sales decline of 1.8% year-on-year, to $34.1 billion, beating the consensus of $33.9 billion. Adjusted EPS of $1.31 beat the consensus of $1.29. Total Verizon Consumer revenue grew 7.4% Y/Y to $25.7 billion, driven by strong demand for its higher-tier premium mobility and broadband offerings.…

Tigress Financial analyst Ivan Feinseth raised the price target on Verizon Communications Inc (NYSE:VZ) to $68 from $67 and reiterated a Buy rating on the shares. The price target implies an upside of 27%. The analyst believes accelerating momentum in wireless and broadband will drive further share price gains for the company.  Verizon continues to…