|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||174.78 - 177.62|
|52 Week Range||146.15 - 180.00|
|Beta (5Y Monthly)||0.34|
|PE Ratio (TTM)||75.55|
|Earnings Date||Apr 21, 2021|
|Forward Dividend & Yield||5.32 (3.00%)|
|Ex-Dividend Date||Mar 12, 2021|
|1y Target Est||177.40|
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Verizon Communications Inc (NYSE: VZ) has inked deals with Crown Castle International Corp (NYSE: CCI) and SBA Communications Corp (NASDAQ: SBAC) to accelerate the deployment of C-band equipment for the launch of 5G Ultra-Wideband and fixed wireless broadband service on the newly acquired spectrum. Castle and SBA already hosted Verizon infrastructure equipment. Verizon won an average of 161 MHz of C-band nationwide spectrum in the recent FCC auction. The C-band offered greater speeds and coverage for both mobility, home broadband, and business internet solutions. The 5G Ultra-Wideband deployment on the spectrum required new network equipment, including basebands and antennas on existing towers. The deals with both Crown Castle and SBA Communications offered process improvements leading to Verizon's faster deployment of C-band equipment. Both the agreements established terms for leasing space on existing towers for C-band equipment. The addition of the C-band spectrum will enable Verizon to offer the differentiated 5G Ultra-Wideband mobility service to an additional 250 million customers offering the internet provider choice to 50 million additional customers, stated Verizon SVP Heidi Hemmer. Price action: VZ shares traded higher by 0.10% at $57.55 on the last check Monday. See more from BenzingaClick here for options trades from BenzingaVerizon Extends 5G Home Internet In More CitiesStrikeforce Stock Is Trading Higher On Acquiring Cybersecurity Risk Solutions For Undisclosed Sum© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Crown Castle International Corp.Global Credit Research - 07 Apr 2021New York, April 07, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Crown Castle International Corp. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 7 April 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.