Tag: Verizon
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Verizon Faces $5.8 bn Q4 Hit as Business and Government Unit Takes Write-Down
U.S. telecom giant Verizon revealed that its fourth-quarter results are expected to be impacted by a $5.8 billion charge. The charges are attributed to...
Verizon Subsidiary TracFone Wireless Faces $23.5 mn Penalty Over Lifeline and EBB Violations
The Federal Communications Commission (FCC) has concluded a settlement with TracFone Wireless, a Verizon subsidiary, following an investigation into potential violations of rules governing...
Verizon Completes Data Session on Intel’s 4th Gen Xeon Scalable processors
Verizon has achieved a significant milestone in the world of telecommunications by completing the industry’s first data session on Intel’s 4th Gen Intel Xeon...
Verizon and Cisco Upgrade Fiber Network, Enhancing Speed, Reliability, and Capacity
Verizon, in collaboration with vendor Cisco, has concluded trials on its fiber network in metro Long Island, NY. This extensive testing showcased substantial improvements...
Verizon Reports 2.6% Drop in Q3 Revenue, Sees Growth in Wireless Services
In a recent financial update, Verizon Communications revealed a 2.6 percent decrease in revenue, bringing it to $33.3 billion for the third quarter of...
