Verizon Communications

Verizon Sells Yahoo, AOL to Apollo for $5B
M&A

Verizon Sells Yahoo, AOL to Apollo for $5B

The deal marks the end of Verizon's effort to provide a digital media alternative to tech behemoths Google, Facebook, and Amazon.
By Matthew Heller | May 3, 2021
Read More
Verizon to Buy TracFone in $6B Wireless Deal
M&A

Verizon to Buy TracFone in $6B Wireless Deal

The addition of TracFone's 21 million subscribers will make Verizon the largest provider of wireless prepaid services in the U.S.
By Matthew Heller | September 15, 2020
Read More
Verizon Beats on Earnings But Shares Fall 2%
Financial Performance

Verizon Beats on Earnings But Shares Fall 2%

“They’re guiding flat EPS year-over-year, at a time when GDP is growing strongly and competitive intensity is so benign. It’s not very inspiring."
By Matthew Heller | January 29, 2019
Read More
Verizon to Take $4.6B Writedown on Media Unit
Strategy

Verizon to Take $4.6B Writedown on Media Unit

After spending $8.9 billion to acquire Yahoo and AOL, the telecom giant is reducing the goodwill value of its media brands to only $200 million.
By Matthew Heller | December 11, 2018
Read More
Yahoo: The End of an Internet Giant
Mergers & Acquisitions

Yahoo: The End of an Internet Giant

The assets left over after the the Verizon Communications purchase are now part of a holding company called ‘Altaba.’
By William Sprouse | June 19, 2017
Read More
Verizon Outbids AT&T in Battle for Straight Path
Technology

Verizon Outbids AT&T in Battle for Straight Path

With a $3.1 billion offer for the spectrum owner, Verizon "now has all of the pieces in place to quickly accelerate the deployment of 5G."
By Matthew Heller | May 11, 2017
Read More
AT&T Buys Straight Path in $1.25B Bet on 5G
Technology

AT&T Buys Straight Path in $1.25B Bet on 5G

The deal "will give AT&T a major boost in its effort to build 5G wireless networks using high bandwidth airwaves."
By Matthew Heller | April 11, 2017
Read More
Verizon Shares Fall 4% on Earnings Miss
Strategy

Verizon Shares Fall 4% on Earnings Miss

The subscriber growth of rivals T-Mobile and Sprint, which offer unlimited data plans, is creating "a competitive challenge" for Verizon.
By Matthew Heller | January 24, 2017
Read More
Yahoo to Become ‘Altaba’ After Verizon Deal
Risk & Compliance

Yahoo to Become ‘Altaba’ After Verizon Deal

The new name reflects Yahoo's transformation from an internet giant to "essentially a vehicle" for holding a 15% stake in Alibaba.
By Matthew Heller | January 10, 2017
Read More
Verizon Makes SaaS Play With Fleetmatics Deal
Technology

Verizon Makes SaaS Play With Fleetmatics Deal

The deal positions the companies to “become a leading provider of fleet and mobile workforce management solutions."
By Matthew Heller | August 2, 2016
Read More
U.S. Firms Eyeing Benefits of Onshoring
Staffing

U.S. Firms Eyeing Benefits of Onshoring

Based on economic considerations, business environment, workforce quality, infrastructure, and risks, many midsize U.S. cities look attractive.
By Matthew Heller | May 13, 2015
Read More
Verizon to Buy AOL for $4.4 Billion
Mobile

Verizon to Buy AOL for $4.4 Billion

The combination will provide customers a "premium digital experience based on a global multiscreen network platform," says Verizon.
By Katie Kuehner-Hebert | May 12, 2015
Read More
Beware of Leaky Apps
Tech

Beware of Leaky Apps

Executives of companies developing apps need to know that developers often fall short on security, a Verizon official says.
By David Katz | May 6, 2015
Read More
Community Banks Object to Verizon Buyout Loan
Risk Management

Community Banks Object to Verizon Buyout Loan

CoBank, a government-sponsored enterprise designed to provide credit to farmers and ranchers, has no place in the $12 billion deal, a bank group says.
By Vincent Ryan | October 24, 2013
Read More