Verizon experienced a cellphone service outage affecting several thousand customers across major US cities like New York, Los Angeles, and Boston on Saturday afternoon starting around 3:30 p.m. ET. The outage impacted voice services and also affected customers of other carriers such as AT&T and T-Mobile, whose calls could not get through. Verizon advised affected users to restart their devices but did not disclose the cause of the disruption. The company is working to resolve the issue and restore full service.
A $250,000 retirement rollover invested in five dividend-paying stocks—Verizon, AbbVie, Realty Income, Altria, and Exxon Mobil—shows varied yields and risks. Realty Income stands out with a 5.04% yield, surpassing the 10-year Treasury rate of 4.77%, ...
Apple's new foldable iPhone Duo, priced at $1,999, offers a 7.6-inch screen and features that reviewers say could make the iPad mini obsolete. Despite costing more than twice the price of the iPad mini, the Duo is expected to be bundled with three-ye...
Wells Fargo analyst Steven Cahall suggests SpaceX's expansion into wireless won't severely damage carriers but will pressure their pricing and margins. SpaceX's satellite-based network requires less ground infrastructure, meaning tower REITs and cabl...
Verizon Communications Inc. provides a 5.61% qualified dividend yield, supported by 20 years of consecutive dividend increases and strong free cash flow growth. The company reported record adjusted EBITDA and 24.4% year-over-year free cash flow growt...
Verizon is currently trading at under 10 times forward earnings with a dividend yield above 5%, making it attractive for income-focused investors. The company has achieved record EBITDA margins of 40.1% and 7% EPS growth, raising its guidance for 6-7...
