Verizon reported that strong consumer services and FiOS revenues helped the telco ease the pain of an overall decline in wireline revenues during the fourth quarter.
Verizon CEO and Chairman Lowell McAdam says that a potential sale of some of its wireline assets could provide the company with various operational and process benefits.
Verizon Communications has tapped marketing guru Diego Scotti for its newly created chief marketing officer (CMO) role.
Verizon CEO Lowell McAdam told investors on Thursday during the Goldman Sachs Communicopia conference in New York that it plans to enter the burgeoning online video services race.
Verizon Communications is holding fast to its thesis that while it is on track to complete the buildout of FiOS to about 21 million premises, it will need a compelling reason to expand into new markets.
Verizon may still be one of the largest telco TV players, but the telco is seeing that in the markets where it offers its FiOS services, wireline broadband is becoming the dominant product.
Verizon Communications' enterprise business continues to weather a challenging economic time, but according to CEO Lowell McAdam, cloud, machine to machine and security represent large opportunities for the telco.
Verizon will finally take the covers off its "One Verizon" initiative, a combination of Verizon Communications and Verizon Wireless, later this month. But what exactly will One Verizon do that Verizon Wireless and Verizon Communications cannot? Mike Dano, executive editor for FierceMarkets' Telecom Group, examines that question in his latest Editor's Corner.
Lowell McAdam, CEO and chairman of Verizon, put another nail into the FiOS expansion idea, saying at an investor conference on Monday that the carrier will continue to focus on expanding service availability in existing markets.
Verizon Communications' recent decision to purchase the 45 percent of Verizon Wireless that Vodafone owned for $130 billion is going to make the company more unified and allow it to become more agile and innovative, said the telco's chairman and CEO.