Co-Owners to get dividend from Verizon Communications Inc. (NYSE:VZ)

Boston, MA 05/15/2013 (wallstreetpr) – The mobile phone joint venture of Verizon Communications Inc. (NYSE:VZ) and Vodafone Group PLC. (NASDAQ:VOD) had agreed to pay $7 billion as dividends to its co-owners. The joint venture had finally made its attempt to defuse the tension prevailing among its co-owners through this dividend announcement. Dividend Share The Verizon […]

Verizon Communications Inc. (NYSE:VZ) is worried of vodafone questions

Boston, MA 05/15/2013 (wallstreetpr) – The Chief Financial Officer of Verizon Communications Inc. (NYSE:VZ), Fran Shammo reported that he is tired of answering questions about the company’s relationship with Vodafone Group. Plc. (NASDAQ:VOD). The two companies have co-founded Verizon Wireless, which is now the largest mobile phone company in the United States. Dividend Offering Verizon […]

AT&T and T-Mobile: Once to-be-allies now arch Rivals – VZ, DTE & PCS

Boston, MA 03/05/2013 (wallstreetpr) – AT&T Inc (NYSE:T) escalated its rivalry with T-mobile by targeting its network performance in newsprint ads. Ironically, there was a time when these companies were all set to forge a partnership with each other. AT&T went whole-hog and ran full-page counter-attacks in leading newspapers such as the Wall Street Journal, […]

ESPN paying $153 million in damages to DISH? – DIS, CMCSA, DTV, TWC, VZ & T

Boston, MA 02/28/2013 (wallstreetpr) – DISH Network Corp (NASDAQ:DISH) is legally seeking damages worth $153 million from The Walt Disney Company (NYSE:DIS)’s ESPN. The allegation is that ESPN has breached a same-term clause in its distribution agreement with DISH and is now offering its competitors like Comcast Corporation (NASDAQ:CMCSA) better terms on licenses for sports […]

Wireless spectrum can come to the rescue of Ergen if clearwire bid fails – DISH, S, CLWR, T & VZ

Boston, MA 02/12/2013 (wallstreetpr) – Dish Network Corp (NASDAQ:DISH)’s spectrum worth “billions of dollars of spectrum” could be available for sale in the coming year under chairman Charles Ergen’s plan B, if the satellite channel fails to find a wireless carrier ally. With an aim to develop a wireless network that delivers multimedia content to […]

Nokia Lumia for as low $39- VZ, GOOG, RIMM, & AMZN

I have just written on a growth roadblock for the pharmaceuticals industry i.e. revenue depletion amid patent expirations. An almost similar roadblock is there for the highly volatile and hyper competitive Smartphone market i.e. revenue depletion with hefty consumer discounts to grab share away from competitors. Is it good investment strategy to spend more to […]

HTC Corp (TPE:2498) scraps idea of Large Windows Phone- GOOG, APPL, MSFT, IT, and VZ

The plan of HTC Corp (TPE:2498) to manufacture smartphone with large screen and incorporating operating system by Microsoft Corporation (NASDAQ:MSFT) is now crumbled.  This decision has been taken by its CEO, Peter Chou. The reason for scrapping this plan is that this phone would have appeared with an inferior resolution than that of the contending […]

Networking Firms Verizon (NYSE:VZ), AT&T (NYSE:T) Back Up After Sandy Strom – VZ, WIN, CBB, BCE, ALSK

Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T) declared on Thursday that their wireless networks are completely back up following Superstorm Sandy blew into the New York and New Jersey on Oct. 29. Verizon Wireless reported that its network is at pre-storm levels, whereas AT&T Inc. declared that they are pretty much back to normal. […]