Verizon Makes a $3.3 Billion Deal to Help Protect Its Towering Dividend
However, the deal will delay Verizon's ability to achieve its leverage target. Credit rating agency Fitch expects Verizon's leverage ratio to be around 2.3 times by the time it closes the Frontier acquisition next year. It will then jump back up into the mid-2.0 times range before steadily falling back toward its long-term target.
Verizon Communications Inc. ( NYSE:VZ ) will increase its dividend from last year's comparable payment on the 1st ...
Tens of thousands of Verizon users reported outages for the wireless carrier's services across the U.S. on Monday, with ...
Frontier Communications Corp. lost its bid to dismiss a proposed class action challenging the Verizon Communications Inc.
New York-based Verizon Communications Inc. (VZ) provisions communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities ...
Four wireless carriers were each hit with multi-million-dollar fines by the Federal Communications Commission (FCC). They were AT&T, Verizon, T-Mobile and Sprint. Eligible Verizon customers have ...
The announcement was made officially this past Thursday that a definitive agreement had been reached for Verizon to acquire Frontier in an all-cash transaction valued at approximately $20 billion.
Verizon said Monday evening that it had restored all service after an outage left thousands without cell service and phones ...
Let’s be abundantly clear: as of this writing, there’s still no official word on what caused the Verizon outage. The FCC has ...
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