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Verizon CEO Lowell McAdam just took us on a tour of the next-generation internet: telco-style

2014-03-01 01:22:35| IT Services - Topix.net

February 2014 will mark a turning point for the internet thanks to a historic peering agreement and the FCC capitulating on net neutrality.

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Study: Corning, Verizon paid no federal income taxes

2014-02-27 04:44:21| Electronics - Topix.net

Verizon was among 26 Fortune 500 corporations that were consistently profitable between 2008 and 2012 yet paid no federal income taxes, according to a new study.

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Study: Verizon, Corning paid no federal income taxes

2014-02-27 04:36:53| IT Services - Topix.net

Verizon was among 26 Fortune 500 corporations that were consistently profitable between 2008 and 2012 yet paid no federal income taxes, according to a new study.

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Verizon targets 4% revenue growth, higher EBITDA in 2014

2014-02-25 08:39:00| Telecompaper Headlines

(Telecompaper) Verizon has updated its guidance after completing its takeover of the rest of Verizon Wireless from Vodafone. As previously announced, the takeover is expected to add 10 percent to earnings per share. Verizon added a forecast for 4 percent revenue growth in 2014, compared with 4.1 percent growth in 2013. The US operator also expects growth in its adjusted EBITDA margin this year, compared to 34.9 percent last year, driven by improvements at both wireless and wireline. In addition, the company expects to deliver continued strong cash flow to fund network investments, reduce debt and support dividends. The takeover is expected to allow Verizon to introduce more converged fixed-mobile products to customers. A recently formed Product Development and Management organization will leverage all of Verizon's assets to develop innovative products quickly across the company's wireless, wireline, IP and cloud networks and platforms, the company said. Marni Walden, the former chief operating officer of Verizon Wireless, will lead the new organization.

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Verizon: Heavy Web users should pay more

2014-02-25 00:04:46| Telecom - Topix.net

Heavy broadband users should help shoulder the cost of their traffic, but Verizon Communications does not give preferential treatment to some Web traffic, the company's CEO said Monday.

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