PORTLAND, Ore., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced the activation of more than 740 new Fixed Wireless Access (FWA) lines with the Tri-County Metropolitan Transportation District of Oregon (TriMet), a transit agency providing bus, light rail, commuter rail, and paratransit service in the Portland metro region. FWA delivers fast, reliable, and scalable wireless network connectivity. The ample bandwidth provided by FWA enables TriMet to leverage data-rich and mission-critical ap ...

New York, NY, Nov. 07, 2024 (GLOBE NEWSWIRE) -- In a Fast-Track SWIFT challenge brought by T-Mobile US, Inc., BBB National Programs’ National Advertising Division recommended that Verizon Communications Inc. either discontinue certain claims about satellite-supported texting services in remote locations or, alternatively, modify the advertising to clearly and conspicuously disclose the necessary conditions for Verizon customers to use this feature. Fast-Track SWIFT is an expedited process designed for singl ...

Verizon's Financial Performance - Verizon's stock has underperformed over the past five years, with shareholders incurring losses totaling 31% and total returns (including dividends) at a negative 10% [4] - The company has struggled to grow revenue and operating income, with minimal growth in five years and declining earnings [5] - Verizon's operating income over the past nine months was $21.3 billion, with interest costs totaling $5 billion, representing close to one-quarter of its operating income [8] Valuation and Dividend Yield - Verizon is trading at 18 times earnings, with a forward price-to-earnings multiple of less than 9, indicating a low valuation [3] - The stock offers a high dividend yield of 6.6%, which is attractive to income-focused investors [7][8] Industry and Market Conditions - The telecom industry has faced challenges due to the pandemic and inflation, impacting consumer and business spending [5] - Consumers have delayed upgrading their phones due to budgetary concerns, but this trend could reverse with the introduction of AI-powered phones [6] Potential Catalysts for Growth - Verizon's pending acquisition of Frontier could expand its fiber network, although it would add to the company's debt [6] - Lower interest rates or debt reduction could improve investor sentiment and potentially lead to a stock rally [9] Investment Considerations - Verizon is not a growth stock but offers long-term potential for operational growth and a high dividend yield [7] - The company's high debt load of nearly $130 billion is a concern, but solid interest coverage mitigates some risk [8][10] - Investors may consider Verizon a bargain buy due to its low valuation and high yield, with potential catalysts on the horizon [9][10]

MODESTO, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Verizon is providing reliable connectivity solutions to the East Side Mosquito Abatement District, supporting their mission to protect the Northern California community against mosquitoes and vector-borne diseases. Verizon’s reliable network boosts connectivity in the District Verizon Mobile Device Management (MDM) updates and manages field devices while its reliable network keeps them connected to one another. Aided by Verizon support personnel, the Distri ...

Verizon (NYSE: VZ ) (NEOE: VZ:CA ) recently reported their Q3 earnings, and Mr. Market didn't seem too happy with the company's report. For me, it was a typical Verizon quarter. But the price dip offered me a buying opportunity that IContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone t ...

The telecom giant has a vast amount of unused fiber-optic infrastructure. With the AI revolution, it likely won't stay unused for long.You probably don't think of Verizon Communications (VZ -0.23%) as an artificial intelligence (AI) stock. After all, it's a boring old telecommunications giant, far removed from the exciting world of AI research.Well, that might change soon.On last week's earnings call, Verizon CEO Hans Vestberg painted a picture of how generative AI services could make game-changing contribu ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end October, consider joining Out Fox The Street . In no surprise here, Verizon Communications Inc. (NYSE: VZ ) shareholders are getting increasingly frustrated with the performance of the wireless giant. The company recently hiked the quarterly dividend again, yet lots of questions exist in why payouts are rising Mark leads the investing group Out Fox The Street where he shares stock picks and ...

The stock carries an attractive 6.5% yield. Despite seeing solid wireless subscriber growth, shares of Verizon Communications (VZ -1.15%) fell after the company posted yet another overall mixed report. Nonetheless, the stock is still up over 30% over the past year, although up just over 10% year to date. Investors continue to be drawn to the stock for its robust dividend. The stock currently has a forward dividend yield of about 6.5%. Let's take dive into Verizon's third-quarter results to see why the stock ...

The telecom giant appears to be in a strong position to extend its streak of 18 consecutive dividend increases.Many investors didn't like Verizon Communications' (VZ -1.15%) third-quarter update on Tuesday. That's obvious from Verizon stock sinking around 5% after the telecommunications giant reported its Q3 results. But some investors should be pleased with Verizon's latest update. Why? The company just gave good news to income investors who love its ultra-high dividend yield of nearly 6.5%.The numbers tha ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...