Verizon Wireless to pay $10bn dividend
Verizon Wireless will pay a long-awaited dividend of $10bn to its US joint venture partner, the UK’s Vodafone next January, the FT says. Verizon Communications, which owns 55 per cent of Verizon...
View ArticleVerizon workers strike
Almost half the workers in Verizon Communications’ wireline telecommunications business went on strike on Sunday as negotiations for a new labor contract failed, Reuters reports. The strike, involving...
View ArticleStriking Verizon workers push up jobless numbers
Striking workers at Verizon Communications pushed up new US jobless claims last week, reports Reuters, but there was little evidence the recent stock market turmoil had spooked businesses enough for...
View ArticleVerizon Wireless dividend hopes dashed
Verizon Communications has dashed the hopes of Vodafone investors by ruling out a return to a recurring dividend from the two companies’ US mobile phone joint venture, Verizon Wireless. Lowell McAdam,...
View ArticleUS results round-up
DuPont’s profits declined slightly. WSJ. Johnson & Johnson slumps on net charges. WSJ.Continue reading: US results round-up
View ArticleiPad 3 in March, and smaller tablet also in pipeline
Verizon and AT&T will sell Apple’s latest tablet on their next-generation 4G wireless networks, after Apple unveils the third version of its iPad tablet in the first week of March, reports the WSJ....
View ArticleVodafone-Verizon: a $245bn solution — UPDATE
Hello to the City’s new watchdog, the Financial Conduct Authority. It may seem rude to make requests on your first working day but there’s a market rumour on which we would like some clarity. It...
View ArticleVodamort and the Chamber of Secrets
Today marked the rarest of events: a Vodafone statement that directly references its joint venture partner. The last time we had a mention of Verizon Communications outside the boilerplate on a...
View ArticleWas Verizon paying the price for Apple?
Or simply giving money away? There was much hoopla late on Wednesday as Verizon got the world’s largest corporate bond sale away — some $49bn of paper which will help to buy the rump of Verizon...
View ArticleFrom $350bn to…
We’ll share this prime piece of pre-nuttiness, if only for those who don’t know what “AOL” is or was. DULLES, VIRGINIA and NEW YORK, NEW YORK January 10, 2000 – America Online, Inc. [NYSE:AOL] and Time...
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