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Financial Reporting
Best Organizations Report Consolidated Financials in 4 Days: Metric of the Month
Monthly consolidated financials need to be prepared within a few days to be of use to operational leaders.
By
Perry D. Wiggins
| July 6, 2022
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Verizon Communications
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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