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Verizon meets outlook for small rise in adjusted EPS, targets return to service revenue growth in 2021
2021-01-26 14:51:00| Telecompaper Headlines
(Telecompaper) Verizon reported Q4 and full-year results in line with its outlook, as cost savings helped offset a drop in revenues caused by the pandemic...
Verizon FIOS consumer video subscribers down 72,000 in 4Q 2020
2021-01-26 13:30:34| Digital TV News
NEW YORK — Verizon Communications Inc. (NYSE, Nasdaq: VZ) closed 2020 with fourth-quarter results highlighted by increased cash flow, wireless service revenue growth, and the launch of 5G nationwide. Consumer results Consumer reported 92,000 Fios Internet net additions in fourth-quarter 2020, an increase from 35,000 Fios Internet net additions in fourth-quarter 2019. Consumer and Business […]
Tags: video
consumer
subscribers
verizon
Entain and Verizon Media to develop VR experience for live sports
2020-12-17 13:30:41| Digital TV News
Verizon Media and Entain plc (LSE: ENT) have announced that they will develop a highly immersive proof of concept VR experience that will combine live sports viewing with interactive layers of sports data and gaming.
Tags: media
sports
live
experience
Verizon releases updated Stream TV box
2020-11-17 16:00:49| Digital TV News
Verizon has announced its next-gen Stream TV, an Android TV-powered streaming device that finds the best on-demand entertainment. Verizon plans to deliver the same simplified experience to the original Stream TV with an updated user interface.
Tags: box
updated
releases
stream
Verizon improves FY outlook as wireless service revenue improves in Q3
2020-10-21 14:48:00| Telecompaper Headlines
(Telecompaper) Verizon has issued a modest improvement in its full-year outlook, after a better-than-expected performance in Q3. The company now expects annual adjusted EPS flat to 2 percent higher, compared to its previous guidance for an up to 2 percent fall. This follows stable adjusted EPS of USD 1.25 in Q3 and a return to wireless service revenue growth of 0.4 percent as stores re-opened during the quarter. Wireless service revenues are expected to strengthen to at least 2 percent growth in Q4, supported by new device launches like the latest iPhones.
Tags: in
service
wireless
revenue
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