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Tag: verizon
Verizon Communications reorganises into Consumer, Business, Media/Oath groups
2018-11-05 15:32:00| Telecompaper Headlines
(Telecompaper) Verizon has reorganised its operations into three customer-facing areas, in order to be ready for 5G. All three of the new Consumer, Business and Verizon Media Group/Oath areas will be supported by a network and IT organization, and corporate-wide staff functions. The changes will go into effect on 1 January 2019, and be reflected for the first time during the second quarter.
Tags: business
groups
communications
consumer
Verizon Q3 earnings up on cost cutting, modest revenue growth
2018-10-23 14:27:00| Telecompaper Headlines
(Telecompaper) Verizon reported a strong increase in third-quarter earnings, as cost-cutting efforts and solid handset sales helped offset only modest growth in wireless service revenue and a continued fall in wireline revenues. The company maintained its full-year outlook for a small increase in revenues and adjusted EPS and said it's on track to achieve its target of USD 10 billion in cost savings by 2021.
Tags: cost
growth
revenue
cutting
Verizon to make 44,000 staff redundant
2018-10-05 02:00:00| Total Telecom industry news
The US' second biggest telco by revenue, Verizon, is to make 44,000 people redundant, according to reports in the press. Verizon has offered a voluntary severance package to almost a third of its 153…read more on TotalTele.com »
Tags: make
staff
verizon
redundant
Verizon switches on 5G in the US
2018-10-01 02:00:00| Total Telecom industry news
US telco, Verizon, has switched on its 5G Home network, providing gigabit broadband speeds to customers in four US cities. Customers in Houston…read more on TotalTele.com »
Verizon: 2020 will see exponential growth for enterprise 5G services
2018-09-27 02:00:00| Total Telecom industry news
Verizon has been commended for its focus on cultivating 5G enterprise use cases by leading data and analytics firm GlobalData. At the company's Analyst Forum in New Jersey last week, the company identified 2020 as the year when enterprise 5G services would really begin to take off…read more on TotalTele.com »
Tags: services
growth
enterprise
verizon
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