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Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.
Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices comprising smart watches. It also provides residential fixed connectivity solutions, such as internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2021, it had approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, such as voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2021, it had approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000.
Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
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Flagship Capital Management Inc. purchased a new stake in shares of Verizon Communications Inc. (NYSE: VZ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 51,974 shares of the cell phone carrier's stock, valued at approximately $2,117,000. Verizon Communications comprises 1.5% of
Shares of Verizon Communications Inc. (NYSE: VZ - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the twenty-two brokerages that are presently covering the firm, Marketbeat.com reports. Ten equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong
Verizon Communications Inc. (NYSE: VZ - Get Free Report) was the recipient of some unusual options trading activity on Thursday. Investors purchased 325,956 call options on the company. This represents an increase of approximately 300% compared to the typical volume of 81,424 call options. Insider Activity at Verizon Communications In related news, SVP Mary-Lee Stillwell sold
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Greenberg Financial Group acquired a new stake in shares of Verizon Communications Inc. (NYSE: VZ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 14,499 shares of the cell phone carrier's stock, valued at approximately $591,000. A number of
Franklin Street Advisors Inc. NC decreased its stake in shares of Verizon Communications Inc. (NYSE: VZ) by 77.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,457 shares of the cell phone carrier's stock after selling 85,473 shares during the
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Verizon (NYSE:VZ | VZ Price Prediction) and AT&T (NYSE:T) have both reported full-year results, and the dividend story between them is more nuanced than raw payout numbers suggest.
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In a Fast-Track SWIFT challenge brought by T-Mobile US, Inc., BBB National Programs' National Advertising Division determined that Verizon Communications Inc. provided adequate disclosure of a future price increase in connection with its “four lines for $25/line” wireless service offer. In a Fast-Track SWIFT challenge brought by T-Mobile US, Inc., BBB National Programs' National Advertising Division determined that Verizon Communications Inc. provided adequate disclosure of a future price increase in connection with its “four lines for $25/line” wireless service offer.
AbbVie, Novo Nordisk, and Verizon Communications are stellar dividend stocks with strong financials. These stocks pay between 3.4% and 5.8% in dividends.
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