Verizon Communications, Inc.

Equities

VZ

US92343V1044

Integrated Telecommunications Services

Market Closed - Nyse Other stock markets 04:00:02 2024-09-05 pm EDT			After market 07:08:52 pm
41.31 ^USD	-0.41%		41.25	-0.15%

Sep. 05	Communications Services Tick Up Amid Deal Activity - Communications Services Roundup	DJ
Sep. 05	Equity Markets Close Mixed Ahead of Jobs Report	MT

Communications Services Tick Up Amid Deal Activity - Communications Services Roundup

September 05, 2024 at 05:28 pm EDT

Communications services companies ticked up amid deal activity.

Verizon Communications agreed to buy back some of the fiber-optic lines it sold off nearly a decade ago through a $9.6 billion deal for Frontier Communications, which will reunite it with its former FiOS business.

Frontier, cobbled together by several deals over the years, has more than 2 million fiber-optic connections across 25 states.

The U.K.'s Competition and Markets Authority is probing whether TicketMaster, a unit of Live Nation Entertainment, "engaged in unfair commercial practices" when hiking prices for the Oasis's 2025 reunion tour.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

09-05-24 1727ET

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	LIVE NATION ENTERTAINMENT, INC.	94.20 USD	-1.11%	-2.62%	21.7B
	VERIZON COMMUNICATIONS, INC.	41.31 USD	-0.41%	+0.15%	174B

Latest news about Verizon Communications, Inc.

Communications Services Tick Up Amid Deal Activity - Communications Services Roundup	Sep. 05	DJ
Equity Markets Close Mixed Ahead of Jobs Report	Sep. 05	MT
Equity Markets Close Mixed Ahead of Jobs Report	Sep. 05	MT
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	Sep. 05	MT
Labor Market Data Leave Equities Mixed Intraday	Sep. 05	MT
Sector Update: Consumer Stocks Mixed in Afternoon Trading	Sep. 05	MT
Sector Update: Consumer	Sep. 05	MT
Top Midday Stories: Verizon to Acquire Frontier Communications for $20 Billion; Nvidia Says It Hasn't Been Subpoenaed by DOJ	Sep. 05	MT
Such a long wait	Sep. 05
Verizon Communications, Inc.: Acquires Frontier for $20 billion	Sep. 05
Verizon to acquire Frontier in $20 bln deal to boost fiber network	Sep. 05	RE
MoffettNathanson Adjusts Verizon Communications' Price Target to $43 From $45	Sep. 05	MT
Transcript : Verizon Communications Inc. Presents at Citi's 2024 Global TMT Conference, Sep-05-2024 09:10 AM	Sep. 05
Verizon Strikes $20 Billion All-Cash Deal to Buy Frontier Communications	Sep. 05	MT
Transcript : Frontier Communications Parent, Inc., Verizon Communications Inc. - M&A Call	Sep. 05
Verizon acquires Frontier and raises dividend	Sep. 05	CF
Verizon to Acquire Frontier Communications in $20 Billion Deal	Sep. 05	MT
Verizon to acquire Frontier in $20 billion deal	Sep. 05	RE
Verizon Communications to Acquire Frontier Communications Parent in $20 Billion Deal	Sep. 05	MT
Verizon Communications Inc. (NYSE:VZ) entered into a definitive agreement to acquire Frontier Communications Parent, Inc. for $9.9 billion.	Sep. 04	CI
Verizon Raises Quarterly Dividend to $0.6775 a Share From $0.665, Payable Nov. 1 to Shareholders of Record Oct. 10	Sep. 04	MT
Telecoms Tick Lower Amid Deal Intrigue - Communications Services Roundup	Sep. 04	DJ
Verizon Communications Inc. Declares Quarterly Dividend, Payable on November 1, 2024	Sep. 04	CI
Sector Update: Consumer Stocks Higher in Late Afternoon Trading	Sep. 04	MT
Verizon Communications Reportedly in Talks to Buy Frontier Communications	Sep. 04	CI

Chart Verizon Communications, Inc.

Duration

Period

More charts

Company Profile

Verizon Communications Inc. specializes in wireless and wireline telecommunications services. The group's activity is organized around 2 areas: - mobile telecommunication services: mobile telephone services, data transmission, etc. operated in the Unites States via Verizon Wireless; - wireline telecommunication services: local and long-distance telephone services, broadband Internet access, TV channels broadcasting, e-mailing, etc. Net sales break down by customer between consumers (75.7%), businesses (22.4%) and other (1.9%).

Employees

105,400

Sector

Integrated Telecommunications Services

Calendar

2024-09-09 - Goldman Sachs Communacopia Technology Conference

Related indices

Dow Jones Industrial , S&P 500

More about the company