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Verizon's Takeover of Frontier Communications Wins Shareholder Support
The $9.6 billion deal would expand Verizon’s fiber network to a size that would rival major competitors such as AT&T and Comcast.Business - The Wall Street Journal - Yesterday -
Verizon-Frontier deal goes to the wire as investors demand higher price
Telecoms group offered rich premium in $20bn deal but some shareholders may hold out for moreBusiness - Financial Times - 6 days ago -
Chinese Hackers Target Trump Campaign via Verizon Breach
Plus: Apple offers $1 million to hack its AI cloud infrastructure, Iranian hackers successfully peddle stolen Trump campaign docs, Russia hacks the nation of Georgia, and a “cyberattack” that wasn’t.Tech - Wired - October 26 -
AT&T’s stock is beating Verizon’s by a lot in 2024. Here’s where analysts stand.
Half of analysts are bullish on AT&T’s stock, which is roughly the same as what it is for Verizon’s.Business - MarketWatch - October 24 -
Frontier's Second Biggest Investor Opposes Sale to Verizon
Frontier Communications’ second largest investor is the latest stakeholder to come out against the company’s proposed $9.6 billion acquisition by Verizon Communications.Business - The Wall Street Journal - October 23 -
Verizon earnings imply Apple’s iPhone 16 didn’t have the most ‘auspicious start’
Verizon’s third quarter didn’t include too many days of iPhone 16 sales, but the company’s low upgrade rate is still worth keeping an eye on.Business - MarketWatch - October 22 -
Verizon’s ‘healthy’ earnings are met with a shrug once again
Verizon’s stock is headed for its third post-earnings decline in a row.Business - MarketWatch - October 22