Tag:

Fran Shammo

Latest Headlines

Latest Headlines

Verizon's Shammo: We'll look at FiOS expansions once it returns the cost of capital

Verizon Communications has made it clear that it won't bring FiOS to any new markets, but CFO Fran Shammo told investors it would consider expansions once the current buildouts have given it the best return on its investment.

Comcast's Smit: MSO, Time Warner Cable are 'very well aligned'

Comcast Cable President-CEO Neil Smit said today that things will start to move fast once the communications giant has the OK to acquire Time Warner Cable because, among other things, "we are very well aligned."

Verizon's Shammo: LTE Multicast opens up new revenue streams

Verizon Wireless could potentially tap new business models thanks to LTE Multicast technology, though it will take a few years for customers to take advantage of it on a widespread basis, according to a top Verizon executive.

Verizon, Vodafone shareholders approve $130B deal for Verizon Wireless stake

As expected, Verizon Communications and Vodafone shareholders approved an agreement for Verizon to buy Vodafone's 45 percent stake in Verizon Wireless for $130 billion. With the deal sailing toward a closing date next month, attention is now turning to what Verizon plans to do with full control of its lucrative wireless asset and what might change.

FiOS TV growth slows to 92K net subscriber additions

Verizon said Tuesday that it gained 92,000 FiOS TV customers in the fourth quarter, with subscriber growth slowing compared to the 134,000 net FiOS TV additions that it reported in Q4 2012 and the 194,000 that it picked up during the same period in 2011.

Verizon adds 1.7M subs in Q4, powered by LTE

Verizon Wireless added fewer total subscribers in the fourth quarter of 2013 than it did in the fourth quarter of 2012, but still powered ahead with 1.7 million net customer additions in the period. Although T-Mobile US is wreaking havoc in the industry with its lower prices and offers to pay customers' early termination fees if they switch and trade in their phones, T-Mobile's aggressive tactics do not appear to have slowed Verizon much in the fourth quarter.

Verizon spending millions on network upgrades to counter growth of video traffic

Verizon Wireless is struggling to meet a surge in online video traffic, which has caused the carrier's network performance to drop in key metropolitan areas and is costing the operator millions of dollars in network upgrades.

Verizon's Shammo: We won't buy other providers to expand internationally

Verizon sees continual momentum for expanding its enterprise services outside of the United States, but according to Fran Shammo, EVP and CFO, the telco can do it without having to purchase other service providers.

Verizon's third-party testing lab gearing up for VoLTE/IMS devices

How close is Verizon Wireless to offering voice over LTE? Pretty darn close, based on the fact that Spirent Communications' announced its 8100 mobile device test system has been selected to ensure that VoLTE/IMS devices destined for Verizon's network will comply with industry standards and the operator's certification requirements.

Verizon's Shammo: Customers are buying FiOS speeds of 50 Mbps, above

Verizon may have halted further builds of its FiOS network into new markets, but where it is converting problem copper-based customers to the fiber-based service it's finding that customers like purchasing speeds of 50 Mbps and higher.