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In a Nov. 17 story about job cuts at Verizon Communications Inc., The Associated Press, relying on a labor union report, erroneously reported that Verizon is laying off more than 1,000 employees in Washington, D.C., Maryland and Virginia.
The largest union for Verizon Communications Inc. workers said the phone company is laying off more than 1,000 employees in Washington, D.C., Maryland and Virginia.
Tighter corporate budgets have put pressure on Verizon Communications Inc. in this economic downturn, as clients order fewer services or put off upgrades. John Killian, chief financial officer of Verizon, talked about the state of telecom spending with analysts Monday.
Verizon Communications Inc. reported a 30 percent drop in third-quarter earnings Monday as it couldn't sign up enough new subscribers to offset higher costs from laying off workers and absorbing an acquisition.
Verizon Communications Inc. is scheduled to report third-quarter results Monday morning. The following is a summary of key developments and analyst opinion related to the period.
Bookseller Borders Group Inc. said Tuesday it signed a deal with Verizon Communications Inc. to provide free WiFi service in "virtually all" of its more than 500 stores around the country.
The Navy awarded a bundled $60 million contract to AT&T Inc., Sprint Nextel Corp. and Verizon Communications Inc. for nationwide cell phone service, the Pentagon said late Monday.
Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses.
Verizon Communications Inc. said Thursday that Chief Operating Officer Dennis F. Strigl plans to retire at the end of the year.
TiVo Inc. on Wednesday sued AT&T Inc. and Verizon Communications Inc. for patent infringement, including one covering the ability to pause and rewind live TV.
Cost-cutting at Verizon Communications Inc.'s wireline business failed to keep pace with falling revenues as the nation's largest wireless carrier reported a 21 percent drop in second-quarter profit and announced further job cuts.
Verizon Communications Inc. is scheduled to report second-quarter results Monday morning. The following is a summary of key developments and analyst opinion related to the period.
Verizon Communications Inc. said Wednesday it reached a deal to sell scattered phone service areas outside its main Northeastern and Californian territories for $5.3 billion in stock.
Verizon's top executives easily passed their "say on pay" test Thursday when their pay packages won overwhelming shareholder approval that brushed aside complaints the compensation was excessive.
Verizon Communications Inc. said Monday its earnings grew 5 percent in the first quarter, boosted by its acquisition of Alltel Corp. and strong demand for its wireless, Internet and TV services.
Cablevision Systems Corp. should stop saying its Internet service is "the fastest around," the advertising industry's self-regulatory body said Thursday, in response to complaints from competitor Verizon Communications Inc.
Ivan Seidenberg, the chief executive of Verizon Communications Inc., received $20.2 million in compensation in 2008, essentially the same as in the last two years, according to a regulatory filing.
FairPoint Communications Inc. is warning customers of a possible scam connected to its takeover of Verizon Communications Inc. e-mail accounts in northern New England.
Verizon Communications Inc. has told customers it is shutting down its VoiceWing Internet-based phone service to focus on other technologies.
Verizon Communications Inc. posted a 15 percent earnings increase for the fourth quarter on Tuesday, as the shrinking economy did little to dampen consumer appetites for wireless, Internet and TV service.
The Federal Communications Commission has opened an investigation into the pricing policies of major cable operators and Verizon Communications Inc.
Standard & Poor's Ratings Services on Thursday affirmed its investment-grade ratings on Verizon Communications Inc., and assigned an "A" rating to the telecommunications company's proposed offering of about $3 billion of notes.
Verizon Communications Inc. said Monday earnings rose 31 percent in the third quarter as wireless did better than expected, while its traditional phone business continued to decline.
The reliance of restaurant chains and retail stores on outside companies to handle credit-card processing and other information-technology functions is partly to blame for a rash of consumer data breaches over the last few years, according to data sleuths at Verizon Communications Inc.
New York regulators have raised the possibility of banning Verizon Communications Inc. from installing its fiber-optic FiOS service in New York City until the company makes sure it's doing enough to provide electrical grounding for its equipment in homes.
Verizon Profit Drops 30% Amid Charges; Wireless Trails AT&T - WSJ.comNEW YORK— Verizon Communications Inc. posted a 30% decline in its third-quarter profit as rival AT&T Inc. and Apple Inc.'s iPhone took a bite out of its wireless growth.
All-in-One Telecom Packages: The Savings Don't Come Simple"Bundling" sounds sweet, doesn't it? Like swaddling a baby. But don't let it fool you — the communications version of it is not such a simple pleasure.
Static on the Dream PhoneThe race is on for competitive advantage in the truly open cellular phone network of the future.
Verizon Plans Wider Options for Cellphone UsersVerizon Wireless plans to give customers more choice in what phones they can use on its network.
Verizon Wireless to Open Its NetworkIn a major shift for the mobile phone industry, Verizon Wireless now plans to give customers more choice in what phones they can use on its network and how they use them.
Devices Enforce Cellular Silence, Sweet but IllegalA gadget that jams cellular signals has gained popularity as the use of cellphones has invaded more public places.
Vonage Settles With Verizon Over Patent SuitVonage Holdings, the beleaguered provider of telephone service over Internet connections, said today that it had settled a patent lawsuit brought by Verizon Communications for a maximum of $120 million.
Companies Seeking Immunity Donate to SenatorWhile seeking legal immunity, two phone companies held fund-raisers for Senator John D. Rockefeller IV.
Verizon Reverses Itself on Abortion MessagesVerizon said it would make its mobile network available for a text-message program by Naral Pro-Choice America.
Verizon Reverses Itself on Abortion MessagesVerizon said it would make its mobile network available for a text-message program by Naral Pro-Choice America.
Verizon Blocks Messages of Abortion Rights GroupVerizon Wireless denied a request from Naral Pro-Choice America to use its network for a text-message program.
Laying a new path to your TV | CNET News.comAT&T is preparing to deliver its TV service en masse in 2007, and cable operators such as Comcast are already gearing up for what will likely be a long battle to win control of the living room.
Divided FCC Approves New Cable Rules, Divided FCC Approves New Cable Rules - CBS NewsTitle says it all
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