Verizon ready to expand with Yahoo acquisition

Verizon ready to expand with Yahoo acquisition

This top telecom will use its purchase of Yahoo! to expand revenue and earnings as demand for wireless and TV services slows.

VERIZON COMMUNICATIONS INC. (New York symbol VZ, www.verizon.com) has 113.7 million wireless users, 14.2 million landline phone clients and 15.6 million high-speed Internet and… Read More

Top telecoms find new ways to grow

Demand for wireless and TV services has slowed at both AT&T and Verizon. To spur long-term earnings, the two are buying firms that complement their main businesses. These acquisitions add risk, but we feel they will ultimately pay off with more cash for dividends.
AT&T INC… Read More