Verizon Makes a $3.3 Billion Deal to Help Protect Its Towering Dividend
However, the deal will delay Verizon's ability to achieve its leverage target. Credit rating agency Fitch expects Verizon's leverage ratio to be around 2.3 times by the time it closes the Frontier acquisition next year. It will then jump back up into the mid-2.0 times range before steadily falling back toward its long-term target.
Verizon Communications Inc. ( NYSE:VZ ) will increase its dividend from last year's comparable payment on the 1st ...
Tens of thousands of Verizon users reported outages for the wireless carrier's services across the U.S. on Monday, with ...
Frontier Communications Corp. lost its bid to dismiss a proposed class action challenging the Verizon Communications Inc.
New York-based Verizon Communications Inc. (VZ) provisions communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities ...
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Shares of Verizon Communications Inc. (VZ) hit the newswires, as it is looking to drive further consolidation in an already consolidated industry. A potential deal for Frontier adds more debt to ...
Verizon said Monday evening that it had restored all service after an outage left thousands without cell service and phones ...
Let’s be abundantly clear: as of this writing, there’s still no official word on what caused the Verizon outage. The FCC has ...
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