The Latest Breaking News from VZ

In the face of surging inflation and fears surrounding an economic slowdown, Wells Fargo has named Verizon Communications (VZ) and The Coca–Cola Company (KO) among the stocks it added to a portfolio to combat the current market slump. Let’s take a close look at these names.

Verizon Communications Inc (NYSE:VZ) slashed its home broadband price to $25 a month for wireless customers in select areas where its Fios fiber network and wireless internet service are available. Verizon will launch the plan in over 2,700 cities to customers with premium 5G mobile plans to help them beat the inflation.  The…

Someone with a lot of money to spend has taken a bullish stance on Verizon Communications (NYSE:VZ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

With accelerated digitization and hybrid lifestyles, the demand for telecommunication is expected to increase. So, Verizon (VZ) and T-Mobile (TMUS) should benefit. But which of these two stocks is a better buy now? Read more to find out.

For the first time in two years, Verizon Communications Inc (NYSE:VZ) will raise prices on its wireless bills, helping it shift the burden of higher costs, Bloomberg reports. Industry watchdogs had warned that post-T-Mobile US, Inc's (NASDAQ: TMUS) acquisition of Sprint Corp, there would be fewer wireless competitors, making it easier to raise prices.  Implementing higher charges…

Twenty internet providers agreed to help offer high-speed internet to millions of unconnected households through the bipartisan infrastructure law, the Wall Street Journal reports. The companies included AT&T Inc (NYSE:T), Comcast Corporation (NASDAQ: CMCSA), Verizon Communications Inc (NYSE: VZ), Cox Communications Inc, Charter Communications, Inc (NASDAQ: CHTR), Frontier Communications Parent, Inc (NASDAQ: FYBR) and regional providers like Jackson Energy Authority in Tennessee, Comporium Inc. in…

Verizon Communications Inc (NYSE:VZ) is considering raising prices for wireless services to pass along inflation-related costs to consumers, Bloomberg reports. Hans Vestberg, Verizon's chief, raised the prospect of boosting prices on an April call with investors. Recently AT&T Inc's (NYSE:T) hiked older calling plans by $6 or more. However, Verizon might introduce a higher-priced unlimited plan…

The Federal Aviation Administration (FAA) plans to meet with telecom and airline industry officials to discuss a campaign to modify and eventually replace some airplane radio altimeters that could face interference from C-Band 5G wireless service, Reuters reported. The altimeters provide data on a plane's height above the ground and are…

Shares of Verizon Communications (VZ) have slumped in price over the past year. While the telecom operator stands to be the biggest beneficiary from the transition to 5G, its mounting debt and lowered guidance for 2022 are concerning. So, let's find out if it is worth adding the stock to…