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-0.000266856431240003 0 -0.000444760718733296 -0.00101405443871188 -0.0028464685998932 -0.0055150329122931 -0.00515922433730651 -0.00106742572495989
Stock impact report

Verizon strategy update: 5G launch to 30 U.S. cities this year [Seeking Alpha]

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: Seeking Alpha
Verizon strategy update: 5G launch to 30 U.S. cities this year - Verizon Communications (NYSE:VZ) | Seeking Alpha Tech | Top Verizon strategy update: 5G launch to 30 U.S. cities this year Feb. 21, 2019 1:43 PM ET Verizon Communications (VZ) Jason Aycock Verizon ( +0.8% investor conference CEO Hans Vestberg and others reiterated plans to launch its 5G Ultra Wideband Network in more than 30 U.S. cities this year; 5G Mobility will launch in the first half, with 5G Home expanding to more markets in the second half. Revenues from both will begin to scale next year, the execs said, and are expected to contribute "more meaningfully" to growth in 2021. Meanwhile, its existing 4G LTE network now includes LTE Advanced features in 1,500 U.S. markets. It's on track to deliver on a goal to achieve $10B in cumulative cash savings by 2021, it says. As for capital discipline, the company says it's targeting a net unsecured debt-to-EBITDA ratio of 1.75 to 2x, which it says is consistent with a low-A Show less Read more
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