Latest Verizon Communications Inc News

FILE - This April 23, 2018, file photo shows the logo for Verizon above a trading post on the floor of the New York Stock Exchange. Verizon's decision to join the growing boycott against Facebook and Twitter risks hurting the social media giants where it hurts most: their advertising revenue.  Advertising accounts for nearly all Facebook's $70.7 billion annual revenue, and a similar share of Twitter's $3.46 billion.   (AP Photo/Richard Drew, File)

Verizon tops profit expectations in the third quarter

Oct. 21, 2020 8:47 AM EDT

NEW YORK (AP) — Verizon Communications Inc. on Wednesday reported third-quarter profit of $4.36 billion. On a per-share basis, the New York-based company said it had profit of $1.05. Earnings, adjusted for non-recurring costs, came to $1.25 per share. The results beat Wall Street expectations. The average...

This image provided by Apple shows a display of the new iPhones equipped with technology for use with faster new 5G wireless networks that Apple unveiled Tuesday, Oct. 13, 2020. (Apple via AP)

Apple unveils new iPhones for faster 5G wireless networks

Oct. 13, 2020 5:35 PM EDT

Apple unveiled four new iPhones equipped with technology for use with faster new 5G wireless networks, hoping that demand for higher data speeds will spark demand for new phones. That might not happen as quickly as Apple would like. In a virtual presentation Tuesday, the company announced four 5G-enabled versions...

Verizon to buy prepaid phone seller Tracfone for up to $6.9B

Sep. 14, 2020 10:46 AM EDT

Verizon, the country's largest phone company, is buying prepaid phone seller Tracfone for up to $6.9 billion, expanding its low-income customer business. Tracfone, a subsidiary of Mexico telecom giant America Movil, is a mobile reseller, the largest in the U.S. It doesn't build its own network, instead paying...

FILE- In this June 19, 2018, file photo a router and internet switch are displayed in East Derry, N.H. Not all that long ago, managing your home network’s security didn’t involve much more than installing an antivirus program on your PC. If only it were still so simple. Home networks are a major target for cybercriminals, who use innocuous smart gadgets as stepping stones to loot data from PCs and phones. Or they may co-opt the simpler devices  into much larger “botnets” that can be used to wreak havoc across the internet.    (AP Photo/Charles Krupa, File)

Bring in the experts: It’s time to secure your home network

Sep. 8, 2020 9:24 AM EDT

Not all that long ago, managing your home network’s security didn’t involve much more than installing an antivirus program on your PC. If only it were still so simple. It’s no longer just about protecting the computer on which you may be working from home and the laptops the kids may be...

Samsung wins $6.6 billion Verizon contract for 5G network

Sep. 7, 2020 9:25 PM EDT

Samsung Electronics Co. will develop 5G network infrastructure for Verizon Communications under a $6.65 billion deal announced Monday. The contract runs through 2025, according to a Samsung corporate filing. Samsung and Verizon have worked together before. In 2018, for example, Samsung technology was behind a 5G...