Today, if you want to, you can buy AT&T's DirecTV pay-TV and internet service from Verizon (AT&T's archrival). The DirecTV offer from Verizon is scheduled to end in October, and represents the tail-end of a long-term bundling agreement Verizon inked with DirecTV prior to AT&T's $49 billion acquisition of DirecTV that closed almost exactly a year ago. Verizon's DirecTV bundle, strange as it is, represents just one of the many bundling attempts Verizon has tested over the years.
Verizon is in the final stages of a $5 billion deal to walk away with Yahoo's core internet business, according to Bloomberg. The carrier is positioned to beat out AT&T and other rivals in the final round of bidding for the beleaguered company. The offer doesn't include Yahoo's patents – not as it stands, at least – and it's unclear whether other assets might be included.
Verizon's proposed $1.8 billion acquisition of XO Communications-- a deal that will deepen its fiber and millimeter wave wireless spectrum holdings for future 5G wireless deployments-- has hit a speed bump as the FCC has asked the two service providers for additional information.
AT&T may be one of the largest telco broadband players, but in the second quarter the service provider saw total broadband subscriber additions drop significantly-- a factor it says is related to seasonality.
Verizon confirmed that it will soon kill service to customers on unlimited plans who consume "extraordinary" amounts of data on unlimited plans unless they switch price plans.
Verizon has been granted an extension of the General Services Administration's Networx telecom services program, enabling the telco's public sector customers to continue purchasing services while paving a path to the Enterprise Infrastructure Solutions (EIS) contract.
Verizon plans to deliver virtual CPE services to over 30 global markets by the end of the year, allowing business customers to take advantage of software-based services that reside in the telco's cloud network.
Oppenheimer & Co. reportedly downgraded shares of Verizon over uncertainty about a possible acquisition of Yahoo, among other factors.
Verizon has launched a NG-PON2 equipment test in its Innovation Lab in Waltham, Massachusetts, signaling the next stage of its fiber-to-the-premises evolution.
Verizon said that NG-PON2, the next generation of PON technology, will make the installation process for fiber-to-the-premises in residences and businesses more efficient.