Verizon's recent move to sell off its wireline assets in three markets to Frontier Communications will consolidate its fiber-to-the-premises (FTTP) FiOS service in the Northeast market, one where it will battle aggressive cable competition from Cablevision and a potentially soon-to-be-combined Comcast and Time Warner Cable for consumer broadband dollars.
Verizon Wireless is not that worried that cable MSOs will start eating into the wireless business with Wi-Fi-first business models, according to a senior Verizon executive. At an investor conference today, Verizon Communications CFO Fran Shammo touched on several hot-button issues for Verizon and the wider industry, including new FCC regulations on net neutrality and data roaming.
Longtime telecom executive Tony Melone, Verizon Communications' executive vice president of network, is retiring from the company.
Verizon's future growth will come from things like the Internet of Things and over-the-top mobile video--things that some other companies are not even investing in today, the company's CFO Fran Shammo said during an investment conference on Monday.
Verizon recently confirmed that it would sell off its wireline assets in three markets to Frontier, but it appears that the telco would be happy to make similar deals if it found a buyer that would offer the right terms.
Verizon Wireless indicated that it thinks it has enough spectrum for the foreseeable future and is taking a "wait and see" approach to the FCC's 600 MHz incentive auction of broadcast TV spectrum. However, some analysts think that Verizon is playing coy as a way to get auction rules that it finds more favorable or to delay the auction.
While Infinera may still have room to grow in the optical market, CEO Tom Fallon is not worried about the spending patterns of AT&T and Verizon, but rather on how the broader industry is purchasing optical products.
Verizon is giving customers who use its FiOS Quantum Gateway something to smile about with a suite of guest Wi-Fi and enhanced parental controls.
Don't expect Verizon Wireless to join its rivals in offering a rollover data plan, according to Verizon Communications CFO Fran Shammo.
Verizon Wireless delivered strong subscriber growth in the fourth quarter, beating financial analysts' expectations, but the carrier also saw higher than usual churn and its margins dipped amid increasing promotions. Taken together, the results show that while Verizon continues to show resilience it is not immune to rising competition from Sprint, T-Mobile US and AT&T Mobility.