Verizon has made more progress with its on-site green energy program, announcing that it will invest over $13 million to expand three of its locations in New Jersey.
Cable may enjoy the overall lead in the U.S. broadband race, but it's clear that telcos like Verizon and Cincinnati Bell are finding that consumers' desire for high bandwidth is outpacing the desire for linear television services.
Verizon Communications was opened up to the possibility of selling its wireless towers because of AT&T's agreement last year to sell and lease 9,700 of its cell towers to Crown Castle in a $4.85 billion deal, according to Verizon Communications CFO Fran Shammo. Financial analysts think that Verizon has around 12,500 to 15,000 towers and could be looking to sell a substantial portion of those.
Verizon may have the right next-gen business service tools in place, but the near-term reality of legacy declines and an uncertain economic environment is dampening overall enterprise revenue growth.
Subscription video on demand provider Netflix may have intentionally caused slowdowns of its own video stream during its well-publicized disputes with Verizon and Comcast, the director of a conservative technology organization said.
German authorities are preparing a far-reaching probe into claims U.S. and UK intelligence agencies have free and easy access to telecoms data from major operators including Deutsche Telekom.
Verizon Wholesale is addressing service providers and ISPs that need to incorporate multimedia content into their service portfolios with the introduction of its new content delivery network (CDN) solution set.
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 expects to launch its own Internet-based video service by the middle of 2015, the company's chief executive, Lowell McAdam, revealed Thursday.
Verizon CEO Lowell McAdam said the carrier's wireless postpaid retail net additions have grown 40 percent so far during the third quarter when compared with last year's period, when the company posted 927,000 additions. However, he said the carrier's margins will be pressured in the third quarter due to surprisingly sluggish sales of Verizon's handset upgrade program, called Edge.