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Verizon

Verizon Gives Parent Companies $7 Billion

by Chris Murphyon June 23, 2013
Verizon Wireless announced today that it will distribute $7.0 billion to Verizon Communicatins and Vodafone Group Plc. VC owns 55 percent, and Vodafone owns 45 percent of the “partnership”. It is payable June 25, 2013. According to Seeking Alpha this a “stalemate” move, claiming, “In effect, Verizon is betting that Vodafone will be under more […]
Verizon

Want to Invest? Put Your Money on Verizon

by Chris Murphyon March 28, 2013
Looking to invest in telecommunications? Check out Verizon, dividend yield of 4.65%, massive revenue generating capacity and strong cash flows make the stock a hit among income investors, having jumped 22% over the past year. Source, Seeking Alpha. See also AT&T Versus Big Red: The Battle Of Mobile Coverage As of today, March 28, the stock […]

New York Stock Exchange

Ding, Ding! Stocks Are In! The Wireless Coverage Battle Continues

by Chris Murphyon March 19, 2013
Closing stock of Verizon on 3/18, $48.75. AT&T, $36.15. The battle for supremacy in wireless coverage continues between these two carriers who control 70% of the cell market in the U.S. Also see AT&T Versus Big Red: The Battle Of Mobile Coverage According to stocks market guide, Seeking Alpha, great app by the way, Q3 2012 […]
 
 
 
 

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