Will AT&T's Fiber Assets Buyout From Lumen Drive Its Future Growth? [Yahoo! Finance]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance
an all-cash transaction, expanding its fiber Internet service across 32 U.S. states. The buyout adds more than one million fiber subscribers to AT&T and over four million fiber-enabled locations, including major cities such as Denver, Seattle, and Salt Lake City. By leveraging its strong distribution network, the company aims to increase fiber adoption in these areas and strengthen its leadership in fiber broadband. AT&T also secured Lumen's fiber construction capabilities in 11 states, expanding its fiber service beyond traditional areas. This will facilitate the company in reaching its goal of more than 60 million fiber locations by 2030 and bringing high-speed Internet to more communities. The transaction strengthens AT&T's ability to offer integrated fiber broadband and 5G wireless services from a single provider, supporting higher customer retention, stronger recommendations, and improved long-term value. The fiber broadband market is expected to grow in the near future due
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VZ
News
- Does VZ's Solid Q4 Earnings Performance Warrant a Portfolio Re-Look? [Yahoo! Finance]Yahoo! Finance
- Verizon Communications (NYSE:VZ) had its price target raised by analysts at JPMorgan Chase & Co. from $47.00 to $49.00. They now have a "neutral" rating on the stock.MarketBeat
- Watch Club is producing short video dramas and building a social network around them [TechCrunch]TechCrunch
- Verizon Communications (NYSE:VZ) had its price target raised by analysts at Royal Bank Of Canada from $44.00 to $48.00. They now have a "sector perform" rating on the stock.MarketBeat
- Verizon Communications (NYSE:VZ) had its price target raised by analysts at Citigroup Inc. from $48.00 to $50.00. They now have a "buy" rating on the stock.MarketBeat
VZ
Earnings
- 1/30/26 - Beat
VZ
Sec Filings
- 2/3/26 - Form 4
- 2/2/26 - Form 144
- 1/30/26 - Form 4
- VZ's page on the SEC website