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Verizon makes a stand on 5G in New York

2019-08-14 02:00:00| Total Telecom industry news

Verizon is to sue the City of Rochester in upstate New York, over the fees charged for deploying 5G network architecture. Verizon claims that the fees charged by the City of Rochester are higher than those permitted by federal law. The US' telecoms regulator, the Federal Communications Commission (FCC)…read more on TotalTele.com »

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Verizon sells Tumblr to WordPress owner Automattic

2019-08-13 07:24:00| Telecompaper Headlines

(Telecompaper) Verizon has agreed to sell the blogging website Tumblr to Automattic, the owner of online-publishing tool WordPress.com. A source familiar with the deal put the price-tag "well below" USD 20 million, while another source put it below USD 10 million, Axios reported separately. 

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Verizon sells off Tumblr for peanuts

2019-08-13 02:00:00| Total Telecom industry news

US telco, Verizon, has sold off its short form blogging platform, Tumblr, for $3 million, according to reports in the press. The San Francisco based owner of Wordpress…read more on TotalTele.com »

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Verizon revenues dip lower in Q2 on lower handset, wireline sales

2019-08-01 14:51:00| Telecompaper Headlines

(Telecompaper) Verizon reported a 0.4 percent fall in second-quarter revenues to USD 32.1 billion, hurt by lower handset sales and wireline service revenue. The US operator said it still expects low single-digit growth over the full year and reported improved customer growth at its mobile business. 

Tags: sales lower revenues dip

 

Verizon FIOS video subscribers down 52,000 in 2Q 2019

2019-08-01 02:00:27| Digital TV News

Verizon Communications (NYSE, Nasdaq: VZ) has reported second-quarter 2019 results. In the quarter, Verizon Consumer Group reported 28,000 Fios Internet net additions and 52,000 Fios Video net losses, reflecting the ongoing shift from traditional linear video to over-the-top offerings.

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