Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Despite healthy fiber traction, VZ appears to be treading in the middle of the road and investors could be better off if they trade with caution.
VZ's collaboration with MSG Family of Companies is aimed at redefining the fan experiences with exclusive access to premium venues and events.
U.S. broadband providers had their networks breached in a cyberattack tied to the Chinese government that targeted wiretap requests, The Wall Street Journal reports. It's possible the hackers had access for months or longer to networks the U.S. uses to make lawful requests for communications data, the newspaper wrote.
In the latest trading session, Verizon Communications (VZ) closed at $45.21, marking a +0.67% move from the previous day.
Verizon (VZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Verizon is bringing in some cash to help pay for its pending Frontier Communications acquisition.
"We are working quickly to identify and solve the issue," the carrier says.
Some Verizon customers across the U.S. were hit by a service outage Monday.
More than 100,000 Verizon users lost access to mobile services Monday (Sept. 30). The wireless carrier said it was aware of the issue, per a report by NBC News, marking the latest in a series of mass technical outages this year.
Verizon Communications (VZ) struck a $3.3 billion lease agreement with Vertical Bridge, the largest private owner and operator of broadband towers in the country.
Verizon has acknowledged a widespread service outage affecting wireless customers Monday in several big markets. “We are aware of an issue impacting service for some customers,” the telco said in a statement. “Our engineers are engaged and we are working quickly to identify and solve the issue.