From: Ms. Baby Boomer | 6/4/2019 11:13:48 AM | | | | Storm Tracking Could Be a Casualty of 5G...
bloomberg.com
5G is a neighbor to the spectrum...
Any type of bleed-over can effect weather gathering data...
Communications upgrade is becoming more technically complicated....
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From: Ms. Baby Boomer | 6/13/2019 4:35:01 PM | | | | So, the Internet and the Boob Tube were out most of the day...
IT is those Fios/5G Fiber Optic Cable people disrupting the City again...
Needless to say, traffic is a mess...
Ya'll have a nice Father's Day Weekend....
;)
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From: Ms. Baby Boomer | 8/1/2019 9:05:07 AM | | | | Verizon beats profit estimates as monthly phone subscribers jump...
(Reuters) - Verizon Communications Inc on Thursday beat second-quarter profit estimates as the largest U.S. mobile carrier added far more net monthly phone subscribers than expected.
Shares of the Dow component rose 1.1% before the bell after the company said it added a net 245,000 phone subscribers during the quarter. Analysts were expecting it to add 163,000 subscribers, according to research firm FactSet.
Analysts pay attention to postpaid customers, or those with a recurring bill, because they are more valuable to carriers and tend to remain with the company longer than prepaid customers.
The earnings announcement comes about a week after the approval from the U.S. Justice Department on the merger between T-Mobile USA and Sprint. As part of the approval, T-Mobile agreed to divest Sprint’s prepaid businesses including Boost Mobile and other assets to Dish Network Corp to build out a viable fourth carrier in a couple years.
Verizon, AT&T, T-Mobile and Sprint control more than 98% of the U.S. wireless market and have wireless service revenues of more than $160 billion.
T-Mobile and Sprint together have more than 135 million customers, while Verizon and AT&T control two-thirds of the total U.S. wireless market.
Verizon has put heavy focus on deploying 5G nationwide, with a goal to expand to more than 30 U.S. cities in 2019. But while Verizon is leading the charge to test its 5G services, industry analysts say the higher-speed networks are unlikely to be widely available until the middle of the next decade.
Verizon’s net income fell to $4.07 billion, or 95 cents per share, in the second quarter ended June 30 from $4.25 billion, or $1 per share, a year earlier.
On an adjusted basis, Verizon earned $1.23 per share, beating analyst average estimate of $1.20 per share, according to IBES data from Refinitiv.
Total operating revenue fell 0.4% to $32.1 billion and missed expectations of $32.41 billion. Revenue from Verizon’s media unit alone was $1.8 billion, down 2.9% from a year earlier....
reuters.com
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From: Ms. Baby Boomer | 8/30/2019 12:03:00 PM | | | | Back in the Dark Ages before cell phones, Moi quit her Summer Job with Ma Bell...
Fast forward to 5G and trying to navigate City streets with Road Work and Detours...
Even some New York State license plates R popping up far from home...
Hmmm, that probably is not a coincidence.... ;)
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From: Ms. Baby Boomer | 9/10/2019 5:47:31 PM | | | | Lots of Apple over hype for nothing...
No great improvements over previous iPhones...
Needless to say, their Company bottom line will be hit with Tariff Man's tariffs....
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From: Ms. Baby Boomer | 9/13/2019 12:41:28 PM | | | | Hmmm, Verizon (NYSE: VZ) is red on 401K ers Friday...
Still got the Company Share Buyback Plan???
What coulda been, cause in hindsight that wasn't meant to be a Summer Job <g>...
Monday, Monday....
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From: Ms. Baby Boomer | 11/3/2019 12:10:25 PM | | | | Verizon Communications (NYSE:VZ) Takes On Some Risk With Its Use Of Debt...
finance.yahoo.com
The cracks in the Company Stock Buyback Bubble R beginning to show...
Moi used ONYX to turn back time on the Verizon clock this morning....
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