Scott Moritz
Verizon misses earnings estimates on 5G costs, Disney+ offer
NEW YORK – Verizon Communications Inc. missed fourth quarter profit estimates while adding more than a million new wireless subscribers, a possible precursor to...
Verizon tops profit estimates on gain in wireless subscribers
NEW YORK – Verizon Communications Inc. exceeded Wall Street estimates for third-quarter profit and subscriber growth, boosting investor confidence as the company expands its...
Verizon tops subscriber estimates, gears up for 5G battle
NEW YORK – Verizon Communications Inc. exceeded Wall Street estimates for profit and subscriber growth in the second quarter, easing investor concerns as the...
T-Mobile wins U.S. approval for Sprint merger
NEW YORK – The Justice Department approved T-Mobile US Inc.’s acquisition of Sprint Corp., a deal it rejected under the previous administration, clearing one...
Verizon admits defeat with $4.6B AOL-Yahoo writedown
NEW YORK - Verizon Communications Inc. is conceding defeat on its crusade to turn a patchwork of dot-com-era businesses into a thriving online operation.
The wireless...
Verizon to give buyouts to 10,400 U.S. employees in restructuring
NEW YORK - Verizon Communications Inc. said 10,400 employees, or about 6.8 percent of its total staff, were accepted for voluntary buyouts as the...
AT&T cleared by judge to buy Time Warner, create media giant
NEW YORK - AT&T Inc. was cleared by a judge to take over Time Warner Inc. in an $85 billion deal that the mobile-phone giant...
AT&T cheers Republican tax cut with $1,000 worker bonus
NEW YORK – AT&T Inc., the phone carrier locked in a battle with the U.S. government over its Time Warner Inc. acquisition, lauded President...
Verizon, Yahoo cut merger price by $350M after hacks
NEW YORK - Verizon Communications Inc. will acquire Yahoo! Inc.’s Internet properties at a $350 million discount after revelations of security breaches at the...
Verizon offers unlimited data as mobile competition heats up
NEW YORK - Verizon Communications Inc., the biggest U.S. wireless provider, will start selling a package that includes unlimited data, a tacit acknowledgment that...