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Verizon details NFV progress

2016-04-25 02:00:00| Total Telecom industry news

U.S. telco taps Big Switch, Dell, Red Hat for what it claims is industry's biggest OpenStack deployment.

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Verizon revenues creep up, IoT contribution grows

2016-04-22 02:00:00| Total Telecom industry news

U.S. operator records 640,000 postpaid net additions in first three months of 2016.

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Verizon posts modest growth in Q1 revenue, profit

2016-04-21 15:21:00| Telecompaper Headlines

(Telecompaper) Verizon posted USD 32.2 billion of operating revenue in the first quarter, up 0.6 percent on the first quarter of 2015. The consolidated EBITDA margin stood at 37.2 percent in the first quarter of this year. Net profit rose by 2.1 percent to USD 4.43 billion (USD 1.06 per share), compared to USD 4.34 billion (USD 1.02) a year ago. Verizon Wireless had 640,000 retail postpaid net additions in the quarter, taking the total to 112.6 million, up 3.7 percent in a year. In the wireline segment, Fios fibre services continued to be the drive or revenue growth, representing around 81 percent of USD 4 billion of consumer revenue.

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Verizon adds 36,000 FIOS video subscribers in 1Q 2016

2016-04-21 14:30:15| Digital TV News

Verizon Communications (NYSE, Nasdaq: VZ) has reported first-quarter 2016 earnings. Verizon added 98,000 net new Fios internet connections and 36,000 net new Fios video connections in first-quarter 2016.

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