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Stock impact report

Verizon Resets With Frontier Deal Buyback And Retention Focus [Yahoo! Finance]

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: Yahoo! Finance
Verizon Communications (NYSE:VZ) announces a US$20b acquisition of Frontier Communications, expanding its fiber network and service footprint. The company names Dan Schulman as its new CEO as part of a wider leadership reshuffle. Verizon unveils a US$25b share buyback and outlines a renewed focus on customer retention over aggressive pricing. Verizon is a major US telecom operator with wireless, broadband, and enterprise services at its core. The Frontier deal adds significant fiber reach to that mix. For investors, this combination of a large acquisition, leadership change, and capital return plan puts NYSE:VZ in the middle of several long running themes in telecom, including fiber build outs and intense competition for long term customer relationships. These moves raise fresh questions about how Verizon will balance integration costs, network investment, and shareholder returns over time. As the new CEO sets priorities and the company pivots toward retention and service qua Show less Read more
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