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Wireless Buy-in Would Cost Verizon (VZ) $100B and Create Dividend, Tax Questions

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Verizon (VZ) Sees 2.1M Postpaid Net Adds in Q4; Expects $1B Impact Related to Superstorm Sandy

January 7, 2013 5:05 PM EST

On January 7, 2013, Lowell McAdam, Chairman and Chief Executive Officer of Verizon Communications Inc. (NYSE: VZ), provided an update on the Companys financial and operational performance at the Citi Global Internet, Media and Telecommunications Conference.

* Verizon Wireless expects to achieve 2.1 million retail postpaid net additions in the fourth quarter 2012; approximately 87 percent of postpaid phone sales were smartphones. For the full year, smartphone activations increased more than... More

Vodafone (VOD) Pops After Verizon (VZ) CEO Says Wants to End Joint Venture

January 7, 2013 3:38 PM EST

Shares of Vodafone (Nasdaq: VOD) climbed on Monday after Verizon's (NYSE: VZ) CEO Lowell McAdam said the company was once again considering a buyout of its joint venture with Vodafone.

In 2000, the two firms teamed to create... More