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Verizon challenges FCC's right to impose net neutrality

2013-09-14 15:40:18| Telecom - Topix.net

Verizon Communications has told a U.S. court it doesn't believe the FCC has the authority to impose net neutrality.

Tags: net challenges impose verizon

 

Verizon, facing protest, won't kill wireline phone in hurricane-damaged area

2013-09-12 09:25:43| Telecom - Topix.net

After the communications infrastructure of Fire Island was wiped out by Hurricane Sandy, Verizon decided it didn't want to rebuild severely damaged wireline phone networks.

Tags: area phone kill facing

 
 

Verizon raises USD 49 bln in bond offering

2013-09-12 09:11:00| Telecompaper Headlines

(Telecompaper) Verizon Communications has raised USD 49 billion in a bond issue to help finance its acquisition of Vodafone's stake in Verizon Wireless. The issue included USD 2.25 billion in floating-rate notes due 2016, USD 1.75 billion in floating-rate notes due 2018, USD 4.25 billion in 2.50 percent notes due 2016, USD 4.75 billion in 3.65 percent notes due 2018, USD 4.0 billion in 4.50 percent notes due 2020, USD 11.0 billion in 5.15 percent notes due 2023, USD 6.0 billion in 6.40 percent notes due 2033 and USD 15.0 billion in 6.55 percent notes due 2043. According to market reports, the issue saw strong demand, with an order book worth over USD 100 billion. This is thought to be the largest corporate bond offering on record. Verizon will pay in total USD 130 billion for the takeover, just under half of which in cash.

Tags: offering usd bond raises

 

Verizon Sells Nearly $2 Billion Worth Of...

2013-09-11 23:02:52| Telecom - Topix.net

AT&T , the second largest mobile operator in the United States announced on Tuesday that it had completed the acquisition of spectrum from rival Verizon Wireless for $1.9 billion in cash.

Tags: of worth billion sells

 

Verizon Changes Course, Plans Fire Island FiOS Network

2013-09-11 22:34:01| PC Magazine Wireless Networking Product Guide

Verizon is reversing a decision to limit FiOS service, and announced Tuesday that it will expand to New York's Fire Island.

Tags: network plans island fire

 

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