Verizon announces accepted amounts and pricing terms of its tender offers for six series of debt securities NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the accepted amounts as of the Original Early Participation Date (as defined in the Early Results Press Release (as defined below)) and pricing terms of its previously announced six separate offers to purchase for cash, the outstanding series of debt securities (each a “Security” and collectively, the “Securities”) listed in the table below, on the terms and subject...
In this iteration of “Broadband Trends” we update our FWA capacity forecast. We also touch on early signs that demand for FWA may be limited, which could prevent mobile operators from reaching capacity limits (or force them to work harder to get there). This could have a big impact on the pace of Cable subscriber growth. Finally, we reprise our work on the competitive positioning of the various operators based on relative NPS scores.
Moody's Ratings (Moody's) assigned a Ba1 credit rating to a new backed senior secured revolving credit facility and Term Loan A-7 both due 2030, and Term Loan B-5 due 2031, to be issued at Charter Communications, Inc.'s (Charter or the Company) wholly owned subsidiary Charter Communications Operatin...
Verizon announces early results for tender offers for six series of debt securities and extension of early participation date NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced, in connection with Verizon’s previously announced Offers (as defined below) to purchase its outstanding Securities (as defined below) on the terms and subject to the conditions set forth in the offer to purchase dated November 7, 2024 (the “Offer to Purchase”): (1) the early participation results for the Offers as of 5:00 p.m. (Eastern time) on No...
Verizon offers relief to customers impacted by the major Pacific Northwest storm Call/Text/Data usage incurred by customers in Washington’s hardest hit counties will be waived from Nov. 21-Nov. 27 What you need to know: Verizon is waiving domestic call/text/data usage incurred Nov. 21 - Nov. 27 for prepaid and postpaid consumer and small business customers* in King, Skagit and Snohomish counties IRVINE, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- In response to the powerful storm that caused power outages and damage across Washington, Verizon is waiving prepaid and postpaid call/text/da...
Dycom Industries, Inc. To Participate in Upcoming Investor Conferences PALM BEACH GARDENS, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) announced today that Dan Peyovich, President and incoming CEO, and Drew DeFerrari, Senior Vice President and Chief Financial Officer, will participate in the following upcoming institutional investor conferences: Tuesday, December 3, 2024 –Wells Fargo 8th Annual TMT Summit, Rancho Palos Verdes, CAMr. Peyovich will present in a fireside chat format at 12:30 p.m. ET / 9:30 a.m. PT. Additionally, senior management will participa...
Verizon brings more joy and less stress to your holiday shopping experience GenAI-powered tools and customer-friendly services make holiday shopping effortless NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Verizon is taking some of the pressure off of the holidays this year. With GenAI tools and more customer-friendly services, we're making your shopping experience more personalized and easier than ever, so you can spend less time stressing and more time celebrating. Here’s how: A Verizon retail store in your pocketThe new and improved puts an entire Verizon retail store in your pocke...
Verizon Business secures new 5-year agreement with the U.S. Department of Agriculture (USDA) Award funded at $21 million in the first year WASHINGTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Verizon Business has been awarded a new agreement with the United States Department of Agriculture (USDA), valued at over $21 million in the first year. The agreement will enable the USDA to enhance its connectivity capabilities across the nation, supporting over 60,000 lines of service. Verizon will deliver wireless services and service enabled devices. The contract also creates the potential for mobi...
Verizon deploys first-ever interoperable multi-vendor O-RAN DAS system AUSTIN. Texas, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Verizon, a global leader in driving virtualized and Open Radio Access Network (O-RAN) technologies, has deployed Open RAN (O-RAN) based Distributed Antenna Systems (DAS) systems with multiple vendor interoperability at The University of Texas Moody Center and the Austin Convention Center. These are the first DAS systems commercially deployed in the Verizon network using O-RAN interfaces between the various components of the cellular Radio Access Network from different ve...
Dycom Industries, Inc. Announces Fiscal 2025 Third Quarter Results Third Quarter Highlights Contract revenues increased 12.0% to $1.272 billionNon-GAAP Adjusted EBITDA increased to $170.7 million, or 13.4% of contract revenuesNon-GAAP Adjusted Net Income increased to $79.2 million, or $2.68 per common share diluted PALM BEACH GARDENS, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) announced today its results for the third quarter ended October 26, 2024. Contract revenues increased 12.0% to $1.272 billion for the quarter ended October 26, 2024, compared to $1.1...
Verizon announces Dejero as latest “Verizon Frontline Verified” partner BASKING RIDGE, N.J., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Verizon Frontline today announced as the latest partner to earn “Verizon Frontline Verified” status. Dejero manufactures GateWay network aggregation devices that deliver high-quality live video and real-time data over IP. Dejero joins Panorama Antennas in meeting the high standards required to become “.” “This is yet another milestone for Dejero that will positively impact our emergency response communities,” said Jehan Karim, Dejero global director of busi...
Verizon statement on naming of Brendan Carr as FCC Chairman NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- The following should be attributed to Hans Vestberg, Verizon, chairman and CEO: Verizon congratulates FCC Commissioner Brendan Carr on being named the next Chairman of the Federal Communications Commission. Commissioner Carr has been a champion for policy approaches that unleash robust investment and deployment in next-generation broadband networks that benefit all Americans. During his years on the FCC, Commissioner Carr has shown that he understands how policies and regulations affe...
Last night, President-elect Trump designated Commissioner Brendan Carr to be the next Chairman of the FCC. Carr has long been seen as the favorite for the spot. In this note we review what we wrote a year ago what Carr intended to do if appointed Chair and what has changed in the last year, including the increased influence of Elon Musk and Robert Kennedy Jr. (RFK) on Trump Administration policies that might cause internal tensions within Trump circles as well as Trump’s desire to use the FCC to...
Verizon to speak at Morgan Stanley European TMT Conference November 21 NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Tony Skiadas, executive vice president and chief financial officer for Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Morgan Stanley European Technology, Media and Telecom Conference on Thursday, November 21, at 2:05 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, . Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on thei...
Verizon Connect report highlights fleet tech adoption, ROI gains, and safety improvements What you need to know: For five consecutive years, at least four out of five respondents have reported using at least one form of fleet technology.Fleet technology is making significant strides in reducing costs, enhancing operational efficiency, and improving safety.Fleet management software is evolving to meet emerging challenges, including sustainability and electrification. NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Verizon Connect today released its fifth annual , conducted in partnership...
>Q3 2024: solid figures with adjusted EBITDAaL +6% y-o-y - Q3 2024 sales are up 4% like-for-like y-o-y to € 28,501m in line with consensus (ODDO BHF € 28,028m, consensus € 28,470m). Q3 2024 adjusted EBITDAaL is up 6% y-o-y to € 11,096m or 1% above consensus (ODDO BHF € 10,972m, consensus € 11,045m). FCFaL are up 28% year-to-date to € 15bn, helped by lower cash capex (-10% year-to-date).Deutsche Telekom is overall confirming guidance: (i) adjusted EBITDAaL of € 4...
>Q3 2024: solid figures with adjusted EBITDAaL +6% y-o-y - Q3 2024 sales are up 4% like-for-like y-o-y to € 28,501m in line with consensus (ODDO BHF € 28,028m, consensus € 28,470m). Q3 2024 adjusted EBITDAaL is up 6% y-o-y to € 11,096m or 1% above consensus (ODDO BHF € 10,972m, consensus € 11,045m). FCFaL are up 28% year-to-date to € 15bn, helped by lower cash capex (-10% year-to-date).Deutsche Telekom is overall confirming guidance: (i) adjusted EBITDAaL of € 4...
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