The biggest telecom carrier of the United States, Verizon Communications Inc. (NYSE:VZ), is all set to divest its assets and focus on one single geography. The shares of the company inclined nearly 3 percent after reports of possible divesting of assets worth up to $10 billion. The telecom carrier is likely to sell assets from…
AT&T Inc. (T) Shines On Top in U.S. Airwaves Auction, DISH Network Corp (DISH) Remains Behind the Curtain Winner
AT&T Inc. (NYSE:T) surprised the whole market by spending up to half of the overall bidding auction amount at the U.S. mobile data airwaves sale. DISH Network Corp (NASDAQ:DISH) also managed to surprise the market by getting ahead of Verizon Communications Inc. (NYSE:VZ) in the auction. The second-largest telephone carrier service of the United States,…
Google Inc (GOOGL) To Compete with AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ) in Wireless Service through Sprint Corp (NYSE:S), T-Mobile US Inc (NYSE:TMUS)
Google Inc (NASDAQ:GOOGL) is reportedly up on plans to compete with mobile carriers AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ) by offering a wireless service of its own through the network capacity of other mobile service providers. An anonymous source told Bloomberg that Google’s planned wireless service, to become known as Mobile Virtual Network…
Cramer’s Favorite Tech Picks: Microsoft Corporation (MSFT), Verizon Communications Inc. (VZ), AT&T Inc. (T)
Microsoft Corporation (NASDAQ:MSFT), Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T) are the top three tech stock picks of Jim Cramer. He is counting on these tech stocks to perform better in the upcoming trading sessions. Microsoft Corporation (NASDAQ:MSFT) is a part of Cramer’s Action Alert Plus portfolio and he traded these stocks last week. He…
Verizon Communications Inc. (VZ) Connects Cars, Offers Virtual Assistance for Older Vehicles
Verizon Communications Inc. (NYSE:VZ) announced its new offering at the North American International Auto Show in Detroit on Tuesday, a device it calls Verizon Vehicle. The gadget, which is plugged in a port under your car’s dashboard, is designed to collect information about your vehicle, sending data to and from the cloud through the Verizon Wireless network,…
Verizon Communications Inc. (VZ) Denies Acquisition of AOL, Inc. (AOL)
Verizon Communications Inc. (NYSE:VZ) CEO Lowell McAdam denied that the company is into efforts of acquiring AOL, Inc. (NYSE:AOL). In a statement made at an investor’s conference, McAdam noted that suggestions of “significant acquisition discussions isn’t accurate.” A report by Bloomberg cited unnamed sources as saying that Verizon is into a planned expansion of its…
T-Mobile US Inc (TMUS) Unleashes Its “Data Stash” Plan Against Verizon Communications Inc. (VZ) And AT&T Inc. (T)
T-Mobile US Inc (NYSE:TMUS) is all set with its latest marketing gimmick to challenge rivals Verizon Communications Inc. (NYSE:VZ) And AT&T Inc. (NYSE:T). The company is offering roll over option for its high-speed data plans under which customers would be able to use their remaining data in the upcoming months. The fourth largest U.S. carrier…
American Capital Ltd (ACAS), Verizon Communications Inc. (VZ), Medtronic Inc. (MDT): Top 3 Holdings OfPine River Capital Management L.P.
Pine River Capital Management L.P is an assets management firm that trades fixed incomes, warrants, stocks, derivatives and listed investment vehicles. The firm was found in 2002 by Brian Taylor and is located in Minnetinka, MN. Pine River Capital Management L.P submitted its SEC 13F filling for the period ended September 30, 2014, which indicated…
Sprint Corporation (S) Introduces Slashing Price Battle Against Its Major Competitors
Sprint Corporation (NYSE:S) is all set to outmatch its competitors by slashing its prices to half and the carrier organized “Cut Your Wireless Bill in Half Event.” Sprint offered to cut bill plan prices to half for customers migrating from other carriers including Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T). The CEO of Sprint,…
Verizon Communications Inc (VZ) Hit Adversely Owing To Citi Downgrade
On Monday, 24th November, 2014, when the new week commenced, it heralded bad news for Verizon Communications Inc (NYSE:VZ) because the stock had been downgraded to ‘neutral’ status by Citigroup. Previously it had been rated as ‘overweight’ and in a statement, Michael Rollins, an analyst with Citigroup justified the degradation as follows – “We are…