Verizon Communications now has most subscribers in US market
Verizon Communications has become the largest mobile service provider in the US market in terms of number of subscribers.
The company took the first spot after acquiring Alltel. With this they have now overtaken AT&T.
Verizon is now serving close to 86.5 million. They gained 14.5 million wireless [...]
Yahoo Inc. and Verizon Communications Inc. have announced a collaborative deal which would see them develop a co-branded portal.
This portal would be showcased as a home page for Verizon’s broadband customers.
The two companies have been working together on such deals since 2005 and this latest agreement extends that.
Customers who accept to get this portal as [...]
Comcast posts higher profits
Comcast is the largest cable service provider in the US market. The company has now come out with their latest revenue report and they have posted a higher quarterly profit.
Comcast said that they gained market share in telephone and Internet services and were also able to control their expenses.
They gained subscribers from [...]
Verizon Communications to give discounts to wireless customers
Verizon Communications has revealed that they would now offer discounts to their wireless customers who apply to get Internet or TV services from them.
Until now these discounts were only provided to their landline customers.
The company is all set to launch a Flex Double Play bundle which would offer [...]
Verizon Communications rumored to be interested in Alltel
CNBC has reported in a news item that US based telecom giant Verizon Communications is interested in acquiring Alltel.
Alltel specializes in providing telecom services in rural regions in the US market.
The report said that Verizon would be paying close to around eight times the Alltel’s EBITDA.
Neither of the [...]
Verizon Communications report improved profits
Verizon Communications has announced that their profits improved in the recent quarter.
The company reported stronger-than-expected growth in terms of wireless subscribers.
However their home-phone business is suffering as more and more people are going mobile replacing their landline phones.
The company said that their first-quarter profit rose to $1.6 billion. This is [...]
