$VZ (Verizon Communications Inc.)

$VZ {{ '2016-07-26T11:41:56+0000' | timeago}} • Announcement

In 2Q16, $VZ posted total operating revenues of $21.7Bil in its Wireless segment, a decline of 4% compared to 2Q15, as more customers continued to choose unsubsidized device payment plans. Total operating revenues in the Wireline segment dropped 2.4% to $7.8MM in 2Q16.

$VZ {{ '2017-09-18T18:57:59+0000' | timeago}} • Announcement

Telecom giant $VZ has appointed Rima Qureshi as EVP and Chief Strategy Officer, effective November 6. Qureshi, a former CEO of Ericsson North America, will succeed Roy Chestnutt who has decided to step down by year-end. At Verizon, she will report to Chairman Lowell McAdam. Currently, Qureshi is member of the boards of $MA and Great West Lifeco.

$VZ {{ '2017-09-11T20:46:17+0000' | timeago}} • Announcement

$VZ today named Brady Connor as the head of IR. Connor currently serves as President and CIO of Verizon Investment Management Corp. (VIMCO) and head of Verizon Capital Group (VCG). He will succeed Mike Stefanski, who will retire before the end of the year. Connor brings more than two decades of experience in telecom domain to his new role in IR.

$VZ {{ '2017-09-07T17:48:37+0000' | timeago}} • Announcement

Wireless service provider $VZ announced a quarterly dividend of $0.59 per share, which is an increase of 2.2% vs. 2Q17. Board approved the dividend to be payable on Nov. 1 for shareholders who own $VZ as of Oct. 10, 2017. In the first half, the company made $4.7Bil in cash dividend payments.

$VZ {{ '2017-08-02T11:36:48+0000' | timeago}} • Announcement

$VZ seems to be getting its arsenal ready for 5G launch. The company announced it's going to acquire $WOW's Chicago fiber network for $225MM. The deal is expected to be closed in early 1Q18. In addition, Verizon will invest $50MM in $WOW to help it complete the fiber network deployment in Chicago (to be completed in 2H18).

$VZ {{ '2017-08-01T21:43:52+0000' | timeago}} • Webcast

On the 5G deployment, $VZ is now conducting pre-commercial trials in 8 out of the 11 markets on the millimeter-wave spectrum. It has already enrolled first batch of customers on the network. Trial results are expected to be out by end of 2017. If all goes well, $VZ will be the first company in US to deploy 5G network in 2018.

$VZ {{ '2017-08-01T21:43:17+0000' | timeago}} • Webcast

$VZ added 64,000 postpaid subscribers in 2Q vs. a loss of 83,000 last year. This is the first time telecom giant has grown its user based in past six quarters. In wireline market, there is a tectonic shift towards fiber. Fiber based products clocked more than 3% growth. IoT, $VZ’s new focus area, revenue grew nearly 20% (Telematics: $220MM).

$S {{ '2017-08-01T19:14:20+0000' | timeago}} • Announcement

$S, which competes with $TMUS and $VZ, added 61,000 new connections in 1Q17, bringing its total connections at the end of June 30, 2017 to 54MM. Sprint's postpaid phone net additions were 88,000, its eighth consecutive quarter of net additions, but down about 50% from the prior year quarter.

$CHTR {{ '2017-07-28T22:12:23+0000' | timeago}} • Announcement

In June, $CHTR completed the rollout of Spectrum brand across the existing Time Warner Cable and Bright House residential markets. Charter also completed the switch to Spectrum brand for SMBs in July. Charter’s wireless venture continue to move forward as it plans to launch a wireless service as an MVNO on $VZ network in 2018 alongside Comcast.

$VZ {{ '2017-07-27T18:45:23+0000' | timeago}} • Announcement

$VZ closed Yahoo's operating business deal in 2Q. Post closing, the company formed a media division called Oath, which would include brands like AOL, TechCrunch, HuffPost etc., representing $7Bil in annual revenues, serving 1 billion monthly unique users. $VZ expects to save more than $1Bil in opex through 2020, which includes staff reduction.

$VZ {{ '2017-07-27T18:25:18+0000' | timeago}} • Announcement

Wireless segment, which brings in more than 70% of $VZ’s revenues, fell 1.9% to $21.3Bil, while user growth grew modestly to 114.5MM. Retail postpaid churn rate (percentage of subscribers who cancel their service) was flat at 0.94% from last year. The company also added that unsubsidized services account for 75% of its postpaid base.

$VZ {{ '2017-07-27T18:01:02+0000' | timeago}} • Announcement

Wireless provider $VZ’s 2Q revenues came in at $30.55Bil vs. $30.53 last year. The company reported a net increase of 614,000 retail postpaid subscribers, including 358,000 phone additions, which is far better from its first ever quarterly net subscriber loss in 1Q17. Growth in subscribers was due to the reintroduction of unlimited data plan.

$VZ {{ '2017-07-27T13:39:53+0000' | timeago}} • Infographic

$VZ Verizon Communications Earnings AlphaGraphic: Q2 2017 Highlights

$ODP {{ '2017-07-25T14:37:31+0000' | timeago}} • Announcement

$ODP appointed Janet Schijns, a veteran channel executive from $VZ, in the newly created role of SVP, services - copy, print and tech. Schijns will lead the strategy for copy, print and tech services, focusing on execution and growth.

$ADBE {{ '2017-06-20T21:48:17+0000' | timeago}} • Webcast

$ADBE expects its revenue and EPS to grow sequentially from 3Q17 to 4Q17. Major customer wins in 2Q17 included $BBY, $CSCO, $MS and $VZ. In Experience Cloud business, mobile data transactions grew to 57% of total Adobe Analytics transactions in the recently ended quarter.

$YHOO {{ '2017-06-19T10:54:34+0000' | timeago}} • Announcement

$YHOO commenced a modified "Dutch auction" self-tender offer to purchase for cash up to $3Bil of shares of its common stock. This will expire on June 13, 2017. The purpose is to provide liquidity to potentially significant stockholders that will be forced to sell shares at or prior to closing of pending sale of $YHOO's operating business to $VZ.

$YHOO {{ '2017-06-13T14:35:50+0000' | timeago}} • Announcement

$YHOO completed sale of its operating business to $VZ. The company's common stock will continue to trade on the NASDAQ Global Select Market under $YHOO ticker through June 16, 2017. Beginning on June 19, 2017, shares of common stock of Altaba Inc. will begin trading under the ticker symbol "AABA".

$YHOO {{ '2017-06-13T14:34:55+0000' | timeago}} • Announcement

$YHOO completed sale of its operating business to $VZ. Upon the closing, Thomas McInerney became its CEO, Alexi Wellman became its Chief Financial and Accounting Officer, and DeAnn Fairfield Work became its Chief Compliance Officer. Arthur Chong continues to serve as its General Counsel and Secretary.

$YHOO {{ '2017-06-13T14:32:12+0000' | timeago}} • Announcement

$YHOO completed the sale of its operating business to $VZ for $4.476Bil. As previously announced, on June 16, 2017, the company will change its name to "Altaba Inc." Upon the closing of the sale, each of David Filo, Eddy Hartenstein, Richard Hill, Marissa Mayer, Jane Shaw, Jeffrey Smith and Maynard Webb Jr. resigned from its BoD.

$VZ {{ '2017-06-13T14:25:38+0000' | timeago}} • Announcement

$VZ completed its acquisition of the operating business of $YHOO. Tim Armstrong, former CEO of AOL, is now CEO of Oath, which is part of $VZ's Media and Telematics organization. Given the inherent changes to Marissa Mayer's role with $YHOO resulting from the closing of the transaction, Mayer has chosen to resign from $YHOO.

$VZ {{ '2017-06-13T14:25:09+0000' | timeago}} • Announcement

$VZ completed its acquisition of the operating business of $YHOO. $VZ has combined these assets with its existing AOL business to create a new subsidiary, Oath. The Oath portfolio includes HuffPost, Yahoo Sports, AOL.com, MAKERS, Tumblr, BUILD Studios, Yahoo Finance, Yahoo Mail and more, with a mission to build brands people love.

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