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Verizon Communications

2/23/2012, 6:57 AM ET
VZ Market Currents more »
  • Wednesday 7:01 PM Comcast (CMCSA) is suing Sprint (S) over the alleged infringement of patents covering wireless networking technologies. The suit comes comes 2 months after Sprint sued Comcast and other cable providers for allegedly infringing on its voice-over-IP patents. Meanwhile, Sprint, T-Mobile, and MetroPCS (PCS) are continuing their efforts to halt Verizon's (VZ) spectrum/reseller deals with cable providers. [Tech]
  • Wednesday 10:20 AM Text messaging revenues, long a cash cow for carriers, are coming under fire from the growing mobile use of Facebook (FB), Twitter, and other social networking platforms. Ovum estimates "social messaging" cost carriers $13.9B in messaging revenue in 2011, up from $8.7B in 2010. Though as Olga Kharif notes, social networking activity is driving the sale of pricey smartphone data plans. [Tech]
  • Wednesday 10:16 AM T-Mobile USA (DTEGY.PK) asks the FCC to block Verizon's (VZ -0.7%) plan to buy certain wireless spectrum assets from Comcast (CMCSA), Time Warner Cable (TWC) and others, arguing that the sale poses "a clear threat to competition." Additional spectrum would give VZ the ability to raise download speeds for such high-data devices as laptops and smartphones. [Tech]
VZ Instablog posts more »
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  • Verizon And Coinstar Team Up To Take On Netflix
    Thu, Feb 9 bpitre Comment!
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    Mon, Feb 6 Bill Maurer Comment!
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Company Description

Verizon Communications Inc. (Verizon, or the Company) is one of the world’s leading providers of communications services. Formerly known as Bell Atlantic Corporation, we were incorporated in 1983 under the laws of the State of Delaware. We began doing business as Verizon Communications Inc. on... More