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Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Verizon To Launch Its 5G Ultra Wideband Network In Chicago And Minneapolis On April 11
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Verizon Communications Inc ::VERIZON - TO LAUNCH ITS 5G ULTRA WIDEBAND NETWORK IN CHICAGO AND MINNEAPOLIS ON APRIL 11.  Full Article

Verizon Sets Quarterly Dividend Of $0.6025 Per Share
Friday, 8 Mar 2019 

March 8 (Reuters) - Verizon Communications Inc ::SETS QUARTERLY DIVIDEND OF $0.6025 PER SHARE.  Full Article

Verizon Acquires Protectwise Inc Expanding Network Detection And Response Services For Business Customers
Friday, 1 Mar 2019 

March 1 (Reuters) - Verizon Communications Inc ::VERIZON ACQUIRES PROTECTWISE, INC., EXPANDING NETWORK DETECTION AND RESPONSE SERVICES FOR BUSINESS CUSTOMERS.VERIZON - TERMS OF TRANSACTION WERE NOT DISCLOSED.VERIZON - TECHNOLOGY FROM PROTECTWISE WILL BE INTEGRATED INTO VERIZON'S EXISTING OFFERINGS.VERIZON - DBO PARTNERS ACTED AS FINANCIAL ADVISOR TO PROTECTWISE.  Full Article

Verizon To Redeem Debt Securities
Friday, 22 Feb 2019 

Feb 22 (Reuters) - Verizon Communications Inc ::VERIZON TO REDEEM DEBT SECURITIES.VERIZON - WILL REDEEM SOME NOTES ON MARCH 25, 2019.  Full Article

Verizon Outlines 5G-Era Growth Strategy
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Verizon Communications Inc ::VERIZON OUTLINES 5G-ERA GROWTH STRATEGY AT INVESTOR CONFERENCE.VERIZON - PLANS TO LAUNCH ITS 5G ULTRA WIDEBAND NETWORK IN MORE THAN 30 U.S. CITIES IN 2019.VERIZON - VERIZON 5G MOBILITY WILL LAUNCH IN FIRST HALF OF 2019.VERIZON - VERIZON IS ON TRACK TO DELIVER AGAINST ITS GOAL TO ACHIEVE $10 BILLION IN CUMULATIVE CASH SAVINGS BY 2021.VERIZON - VERIZON 5G HOME WILL EXPAND COVERAGE TO MORE MARKETS IN SECOND HALF OF 2019.VERIZON - REVENUES FROM 5G MOBILITY AND 5G HOME WILL BEGIN TO SCALE NEXT YEAR AND ARE EXPECTED TO CONTRIBUTE MORE MEANINGFULLY TO GROWTH IN 2021.VERIZON - NET UNSECURED DEBT TO ADJUSTED EBITDA LEVERAGE TARGET OF 1.75 TIMES TO 2.0 TIMES.  Full Article

Verizon Files Prospectus Supplement Related To A Potential Notes Offering
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Verizon Communications Inc ::VERIZON FILES PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL NOTES OFFERING - SEC FILING .  Full Article

Verizon Announces Amendments To Its Previously Announced Private Exchange Offers For 19 Series Of Notes
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Verizon Communications Inc ::VERIZON ANNOUNCES AMENDMENTS TO ITS PREVIOUSLY ANNOUNCED PRIVATE EXCHANGE OFFERS FOR 19 SERIES OF NOTES.VERIZON ANNOUNCES AMENDMENTS TO ITS PREVIOUSLY ANNOUNCED PRIVATE EXCHANGE OFFERS FOR 19 SERIES OF NOTES.VERIZON-AMENDMENT RAISES SPREAD USED FOR INTEREST RATE P.A. THAT NOTES WILL BEAR FROM 130 BPS TO 137 BPS OVER YIELD OF REFERENCE SECURITY.  Full Article

Verizon Communications Files Prospectus Supplement Related To A Potential Notes Due 2020 Offering
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Verizon Communications Inc ::VERIZON FILES PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL NOTES DUE 2020 OFFERING - SEC FILING.  Full Article

TechCrunch Announces Extra Crunch, A New Paid Subscription Offering
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - TechCrunch::INTRODUCING EXTRA CRUNCH, TECHCRUNCH’S FIRST PAID PREMIUM SUBSCRIPTION OFFERING.TECHCRUNCH SAYS ANNOUNCED A NEW PAID SUBSCRIPTION OFFERING, EXTRA CRUNCH.TECHCRUNCH SAYS REGULAR CONTENT ON TECHCRUNCH.COM REMAINS FREE.TECHCRUNCH SAYS EXTRA CRUNCH MEMBERSHIP WILL BE AVAILABLE FOR $15 PER MONTH IN U.S., CANADA, UK, GERMANY, FRANCE, AND SPAIN.  Full Article

Verizon Communications Reports Q4 Earnings Per Share of 47 cents
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Verizon Communications Inc ::Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.12 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.47.Q4 REVENUE $34.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $34.44 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $1.09 -- REFINITIV IBES DATA.VERIZON - ON TRACK TO DELIVER AGAINST ITS GOAL TO ACHIEVE $10 BILLION IN CUMULATIVE CASH SAVINGS BY 2021.VERIZON - FOURTH-QUARTER 2018 EPS INCLUDED A 9 CENT IMPACT DUE TO EFFECTS OF ACCOUNTING CHANGES FOR REVENUE RECOGNITION.VERIZON - Q4 WIRELESS 1.2 MILLION RETAIL POSTPAID NET ADDITIONS, INCLUDING 653,000 PHONE NET ADDITIONS AND 873,000 POSTPAID SMARTPHONE NET ADDITIONS.VERIZON QTRLY WIRELESS RETAIL POSTPAID CHURN OF 1.08 PERCENT, AND RETAIL POSTPAID PHONE CHURN OF 0.82 PERCENT.VERIZON - SEES LOW SINGLE-DIGIT PERCENTAGE GROWTH IN FULL-YEAR CONSOLIDATED REVENUES ON A GAAP REPORTED BASIS IN 2019.VERIZON - FOURTH-QUARTER 2018 ADJUSTED EPS INCLUDED A NET PRE-TAX LOSS FROM SPECIAL ITEMS OF ABOUT $4.9 BILLION.VERIZON SEES CAPITAL SPENDING FOR 2019 TO BE IN RANGE OF $17 BILLION TO $18 BILLION, INCLUDING EXPANDED COMMERCIAL LAUNCH OF 5G.VERIZON - SEES 2019 CASH TAXES TO BE $2 BILLION TO $3 BILLION HIGHER THAN IN 2018.VERIZON - NEW LEASE ACCOUNTING STANDARD IS EXPECTED TO HAVE AN APPROXIMATELY 1 TO 2 CENT PER QUARTER HEADWIND IMPACT ON EPS FOR FULL-YEAR 2019.VERIZON - FOR 2019 EXPECTS ADJUSTED EPS EXCLUDING IMPACT OF NEW LEASE ACCOUNTING STANDARD TO BE SIMILAR TO 2018 ADJUSTED EPS.  Full Article

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U.S. House to vote to reinstate net neutrality rules in April

WASHINGTON The Democratic-led U.S. House of Representatives will vote in April on a bill to reinstate landmark net neutrality rules repealed by the Federal Communications Commission under U.S. President Donald Trump.