WirelessServices

Verizon Faces a Tumultuous Quarter as Stock Prices Plummet

19 days ago

Verizon Communications Inc. has recently announced troubling results for the first quarter of the fiscal year, leading to a notable decline in its stock price. The telecommunications giant reported disappointing subscriber growth and revenue figures that fell below analyst expectations. This disappointing performance has raised concerns among investors and industry experts, leading to a significant drop in stock value.

AT&T Marks Exit from Costly Push into Media with DirecTV Sale

6 months ago

In one of the most significant reversals of its long, costly foray into the media business, AT&T Inc. has agreed to a sale of the remaining stake in DirecTV, thereby effectively scaling down exposure to a satellite television service that has been bleeding subscribers. The deal gives clear indications that AT&T is concentrating on core business operations: wireless and broadband services, after years of investments and divestitures within the media arena.