Verizon Is Already Benefiting From the Proposed T-Mobile-Sprint Merger [The Motley Fool]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: The Motley Fool
The wireless industry is less competitive than before even though the merger hasn't happened yet. Verizon Communications ( NYSE:VZ ) is expected to post its first year-over-year increase in service revenue since 2014. Verizon saw service revenue tank after T-Mobile ( NASDAQ:TMUS ) started its Un-carrier initiatives, including unbundling installment plans and service contracts and bringing back unlimited data plans. The moves, combined with Sprint 's ( NYSE:S ) aggressive pricing, put pressure on the larger competitor to follow suit and make some customer-friendly changes in order to prevent subscriber losses. Those measures coupled with limited subscriber growth led to a decline in wireless service revenue. But 2018 has seen the wireless industry become much less aggressive, and the agreement between T-Mobile and Sprint seems to have completely calmed the waters. Analysts at Deutsche Bank expect Verizon will post a year-over-year increase in service reven
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VZ
News
- Best Internet Providers in Cambridge, Massachusetts [CNET News]CNET News
- T-Mobile Tops Profit Estimates While Wireless Broadband Slowed [BNN Bloomberg (Canada)]BNN Bloomberg
- Verizon gives customers more peace of mind with enhanced Home Device Protection service [Yahoo! Finance]Yahoo! Finance
- The National Lifeline Association Board of Directors Re-Elects David AvilaPR Web
- Verizon gives customers more peace of mind with enhanced Home Device Protection serviceGlobeNewswire
VZ
Earnings
- 4/22/24 - Beat
VZ
Sec Filings
- 4/25/24 - Form 10-Q
- 4/22/24 - Form 8-K
- 4/16/24 - Form PX14A6G
- VZ's page on the SEC website