Top 10 Telecom Companies To Buy For 2016: Verizon Communications Inc.(VZ)
Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The Wireline segment provides voice, Internet access, broadband video and data, Internet protocol network, network access, long distance, and other services in the United States and internationally. The company serves consumer, business, and government customers, as well as carriers. As of December 31, 2010, its network covered a population of approximately 292 million and provided service to a customer base of approximately 94.1 million. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.Advisors' Opinion:
- [By Laura Brodbeck]
However, large telecom companies are already making plans to fight the new legislation. Carriers like Verizon Communications Inc. (NYSE: VZ) and Comcast Corporation (NASDAQ: CMCSA) are wary of new rules, saying they hinder their growth as a business. Having the ability to develop new services that give preference to certain groups of industries is something service providers can use to improve their profit margins.
- [By Mike Deane]
On Monday evening, Bloomberg reported that Verizon (VZ) approached AOL about a possible joint venture or acquisition related to Verizon trying to increase offerings for mobile video.
In the article, Bloomberg cites “people with knowledge of the matter,” stating that no Verizon has not made a formal proposal to AOL. Verizon is said to be interested in this deal based on AOL’s programmatic ad! vertising technology, which is the automatic online buying and selling of ads. No agreement has been made.VZ Dividend Snapshot
As of Market Close on January 5, 2015
Click here to see the complete history of VZ dividends.
Verizon stock was up 13 cents, or 0.28%, in pre-market trading.
- [By Monica Gerson]
AOL Inc.(NYSE: AOL) shares jumped 6.50% to $47.65 in pre-market trading following Monday Bloomberg report on rumored approach by Verizon Communications Inc. (NYSE: VZ).
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-telecom-companies-to-buy-for-2016.html