Verizon's 'unusual' quarter warning rattles US telecom shares
Verizon Communications warned that off-season promotions by rivals will likely lead to "soft" wireless subscriber growth in the first quarter, knocking its shares down more than 7% and sparking a selloff in the telecom sector on Tuesday.
Communications Services Down After Verizon Warning -- Communications Services Roundup
Communications services companies fell after a Verizon Communications warning about wireless subscriber growth. Verizon Wireless executive Frank Boulben warned that the first-quarter tally of gross subscriber additions is "going to be probably soft" based on current trends. Shares of rivals AT&T and T-Mobile fell in sympathy.
Verizon has announced new offers for customers who bundle their mobile and home internet, featuring monthly savings and ...
Verizon shares dropped Tuesday after the company warned it could see soft subscriber growth after a "challenging" quarter.
Verizon has expanded its internet of things (IoT) connectivity services to up to 200 territories worldwide using satellite, roaming and native eSIM services. Version has signed agreements with Singtel ...
Communications services companies rose after strong Verizon earnings. Verizon Communications' quarterly earnings came in just above Wall Street forecasts -- with higher prices helping boost ...
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