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Tag: Verizon
Verizon agrees to sell Yahoo and AOL to private-equity firm for $5 billion
Enlarge / Yahoo headquarters in Sunnyvale, California, on Wednesday, April 21, 2021. (credit: Getty Images | Bloomberg) Verizon announced on Monday that it is selling Yahoo and AOL for $5 billion to private-equity firm Apollo Global Management. Verizon made the deal official just a few days after news reports said that Verizon had put Yahoo and AOL […]
Verizon tries to sell Yahoo and AOL after spending $9 billion on fallen giants
Enlarge / Yahoo logo at the 2014 International CES conference in Las Vegas. (credit: Getty Images | Ethan Miller ) Verizon is reportedly ready to give up on Yahoo and AOL after spending a combined $9 billion on the once-dominant Internet brands that fell from prominence years before Verizon bought them. “Verizon is exploring a […]
Verizon “leads” all US carriers in mmWave 5G availability at 0.8%
Enlarge / A Verizon booth at Mobile World Congress Americas in Los Angeles in September 2018. (credit: Verizon) US mobile customers are almost never able to connect to millimeter-wave networks even though the cellular industry and Verizon in particular have spent years hyping the fastest form of 5G. AT&T and T-Mobile customers with devices capable […]
AT&T/Verizon workers’ union urges states to regulate ISPs as utilities
Enlarge (credit: Getty Images | jangeltun) The Communications Workers of America (CWA) union is lobbying state governments to regulate Internet service providers as utilities. The CWA, which represents more than 150,000 workers at AT&T and over 30,000 at Verizon, announced on Monday a “multi-state effort to pass state legislation that would establish public utility commission […]
Verizon tells users to disable 5G to preserve battery, then deletes tweet
Enlarge / A Verizon booth at Mobile World Congress Americas in Los Angeles in September 2018. (credit: Verizon) Verizon has spent years hyping 5G despite it bringing just a minor speed upgrade outside the limited areas where millimeter-wave spectrum has been deployed, but the carrier’s support team advised users yesterday to shut 5G off if […]
Verizon and AT&T dominate spectrum auction, spending combined $69 billion
Enlarge (credit: Getty Images | metamorworks) Verizon and AT&T dominated the US government’s latest spectrum auction, spending a combined $68.9 billion on licenses in the upper 3GHz band. Verizon’s winning bids totaled $45.45 billion, while AT&T’s came in at $23.41 billion. T-Mobile was third with $9.34 billion as the three biggest wireless carriers accounted for […]
What Warren Buffett sees in Verizon that the stock market doesn’t
The telecom stock has been a laggard but 5G bets will pay off (eventually). Read More
Big ISPs pause donations to 147 Republicans who tried to reverse Biden’s win
Enlarge (credit: Getty Images | SilverV) Comcast, AT&T, and Verizon say they have suspended political donations to the 147 Republican members of Congress who voted against certifying Electoral College results, but the companies left the door open for resuming campaign contributions to those lawmakers in the future. “We will be suspending contributions in 2021 to […]
Verizon to expand fast 5G to NFL stadiums, music venues, and UPS delivery drones
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Verizon plans to add superfast 5G mobile service to 28 NFL stadiums this year so that fans the teams playing can more easily watch video replays and see multiple camera angles on plays. The carrier, […]