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Verizon Communications Inc. Message Board

  • guruofwallst guruofwallst Oct 5, 2013 9:54 AM Flag

    Verizon Offers 4.5% Yield And A Cash Cow Wireless Business

    Verizon Communications (VZ) continues to lead the wireless communications industry. Verizon Wireless's new postpaid subscriber volumes were higher in H1 2013 versus H1 2012, even though the company has more postpaid contract customers than AT&T (T), Sprint (S) and T-Mobile US (TMUS). Part of the reason why Verizon Wireless is currently the king of the US wireless market is because it has the largest 4G-LTE network. Verizon Wireless has extended its 4G-LTE footprint to 510 U.S. Markets as of Q2 2013 and is expecting to complete its network rollout in the middle of 2013. AT&T Wireless and Sprint previously bet heavily on different 4G network systems (HSPA+ for AT&T and WiMax for Sprint) and have been trying to catch up to Verizon Wireless while T-Mobile USA implemented its 4G-LTE network in 2013. While Verizon's share price is within 7% of its fair intrinsic value, it still offers a 4.5% dividend and a cash-cow wireless business.

    Sentiment: Strong Buy

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