Search results for "Verizon"

Verizon Forecasts Profit Below Estimates on Slowdown Worries, Shares Fall

Verizon Communications Inc’s annual profit forecast fell short of Wall Street estimates on Tuesday, as it grapples with slowing growth in wireless customer sign-ups compared with last year and makes heavy investments in 5G technology. Shares in the Dow Jones Industrial Average company fell 2.5% to $38.65 in premarket trading. Verizon, whose plans are the […]

Verizon vs AT&T: The U.S. Telecoms War

The telecoms industry has been one of the most profitable for centuries. In some corners of the world, there are ongoing battles over the markets, such as Verizon vs AT&T. In the U.S., only a handful of telcos have decent coverage. As a result, these companies have almost monopolized the markets and set the most […]

The AT&T Verizon Competition

The battle for mobile service and internet providers is raging in the United States, with AT&T and Verizon in direct competition. Both carriers offer excellent extensive service, and the margin of competition is slim. Yet the AT&T Verizon rivalry is hitting its peak currently, on many levels. Providing internet, phone services, and data plans, both […]

AT&T, Verizon Refuse Regulatory Demand to Delay 5G Rollout

U.S.-based telecom giants AT&T and Verizon expressed on Sunday their utter rejection of U.S. regulatory demand to postpone their 5G rollout of some wireless services, initially set to be released this week. The telcos’ chief executive officers (CEO), John Stankey and Hans Vestberg sent to U.S. regulators a joint letter igniting tensions between the companies […]