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Verizon: The Only Way I Would Buy Its Stock
2014-12-20 23:05:27| Grocery - Topix.net
VZ faces lower margins, higher wireless disconnects and the daunting task of paying off $110 billion in debt, paying dividends and making capital investments. Our downgrade reflects higher costs of spectrum, higher churn and lower margins due to intensifying wireless competition and lower target multiples to reflect an uncertain outlook as the competitive landscape shifts.
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