VZ - Verizon Communications Inc.

NYSE - NYSE Delayed Price. Currency in USD
57.33
-0.30 (-0.52%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close57.63
Open57.82
Bid57.33 x 800
Ask57.38 x 3200
Day's Range57.15 - 57.99
52 Week Range47.52 - 61.58
Volume11,872,673
Avg. Volume13,696,670
Market Cap237.1B
Beta (3Y Monthly)0.47
PE Ratio (TTM)14.81
EPS (TTM)3.87
Earnings DateAug 1, 2019
Forward Dividend & Yield2.41 (4.43%)
Ex-Dividend Date2019-07-09
1y Target Est59.71
Trade prices are not sourced from all markets
  • Yahoo! U: What causes inflation?
    Yahoo Finance Video5 days ago

    Yahoo! U: What causes inflation?

    Muted inflation, along with a slowing economy and trade tensions, is putting more pressure on the Federal Reserve to cut interest rates this year. But what is inflation anyway? Yahoo Finance's Brian Cheung explains in this week's Yahoo! U.

  • LG's V50 ThinQ 5G comes to Verizon on June 20th
    Engadget12 hours ago

    LG's V50 ThinQ 5G comes to Verizon on June 20th

    It's still slim pickings for 5G smartphones in the US, but your choices are widening ever so slightly. Verizon (Engadget's parent company) is adding the LG V50 ThinQ to its 5G lineup on June 20th, ending Sprint's brief head start on carrying the handset. It's expensive as you might imagine, but it might be a better deal than at its rival if you don't factor in a current promo. Big Red is selling the V50 for either $1,000 up front or $42 per month over two years, a fair discount over Sprint's $1,152 outright price and $48 per month (albeit over 18 months).

  • GlobeNewswire8 hours ago

    Verizon releases recast segment results in alignment with its new operating model

    Verizon Communications Inc. (NYSE, Nasdaq: VZ) today released recast historical financial and operational results in connection with its new operating model, Verizon 2.0, which was announced in November 2018 and implemented beginning in April 2019. This reflects Verizon’s customer-centric approach to address evolving customer needs, deliver best-in-class customer experiences and drive continued leadership in 5G. Results for Verizon Media, the company’s third operating group, were not impacted by the new operating model.

  • The Government Won't Let Huawei Enforce U.S. Patents
    Zacks8 hours ago

    The Government Won't Let Huawei Enforce U.S. Patents

    The government is not in the mood for talks with the Chinese telecom giant.

  • 7 Value Stocks to Buy for the Second Half
    InvestorPlace9 hours ago

    7 Value Stocks to Buy for the Second Half

    Value stocks are so out of fashion at the moment that despite being cheaper than they've been in the past 30 years, some experts suggest they're still not the stocks to buy."We could've had this story 10 years ago and talked about the 20-year anniversary of it being a bad market for value," Dave Nadig, managing director of ETF.com, said recently on CNBC. "We could go another 10 years and it could be a bad market for value. I'm not sure that value and growth as an investing paradigm makes that much sense anymore."Another expert who appeared on the same CNBC show as Nadig suggested that you should only buy value stocks heading into a recession or in the first year coming out of one. InvestorPlace - Stock Market News, Stock Advice & Trading TipsUntil either of these situations comes around, Datatrek Research co-founder Nick Colas believes investors ought to stick with growth stocks.I say, not so fast. * 5 Stocks to Buy for $20 or Less I'll select seven stocks to buy for the second half of 2019, all from the top 50 holdings of the Vanguard Value ETF (NYSEARCA:VTV), the biggest value ETF in the U.S. with $48 billion in assets under management. Value Stocks to Buy: Berkshire Hathaway (BRK.A, BRK.B)Source: Shutterstock Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) is the largest of the 338 holdings in VTV with a weighting of 5.6%. Warren Buffett's company continues to have a bad year on the markets, up just 2.2% year to date.However, when you consider that Berkshire had a total return of 3% in 2018, Buffett's working on a 17-month losing streak. That's why I recently provided InvestorPlace readers with seven ideas to make Berkshire Hathaway stock more attractive. I'm as enamored with the holding company as the next person, but it is having a hard time convincing investors who've never owned its stock why they should get on board. With all the talk of it underperforming the S&P 500 in recent years, its sum-of-the-parts valuation still makes it one of the best value stocks to buy inside or outside the index. Long-time investors know this, hence why they continue to hold despite going into a second year of single-digit returns. Also, it's essential to add that its poor performance in 2018 was 739 basis points higher than the index. Verizon (VZ)Source: Shutterstock Verizon (NYSE:VZ) is the 10th-largest of VTV's 338 holdings with a weighting of 1.9%. The second-largest wireless carrier in the U.S. is having a bad year, up just 4% year to date. Worse still, VZ stock is getting pulverized by AT&T (NYSE:T), which is up 14% year to date.In late May, I highlighted the reasons why I thought Verizon was a better buy than T stock.For me, it all comes down to the balance sheet. Verizon's is much healthier due to AT&T's massive purchase of WarnerMedia. AT&T supporters might view Verizon's advantage as a temporary one given HBO's future cash flow generation -- and I get that argument. However, because AT&T has long-term debt that's 71% of its market cap compared to 45% for Verizon -- with price-to-cash flow ratios almost identical -- if I'm a value investor, I have to go with the smaller of the two companies. * 7 Top-Rated Biotech Stocks to Invest In Today AT&T might deliver in the long haul, but the bigger margin of safety lies with Verizon. Caterpillar (CAT)Source: Anthony via FlickrCaterpillar (NYSE:CAT) is the 37th-largest of VTV's holdings with a weighting of 1.1%. The maker of heavy equipment for mines and construction is also having a bad year, up just 4.5% year to date through June 12. That's on top of a 17.3% decline in 2018.The problem for Caterpillar is that the construction industry, its most significant revenue source, could be slowing down. Furthermore, the Asia/Pacific market isn't performing well, and that's got investors worried about the future. As a result of these worries, Caterpillar stock lost more than 14% in May. The issues plaguing CAT stock at the moment have little to do with the company itself and more to do with the global economy. It's something that shareholders can't control. However, with a dividend yield of 3.1%, free cash flow of $4 billion, a free cash flow yield of 3.9%, and a forward P/E of 10.1, CAT stock appears to be trading at below fair value, making a bet on its stock a winning one over the long haul. Morgan Stanley (MS)Source: Shutterstock Morgan Stanley (NYSE:MS) is the 52nd-largest of VTV's 338 holdings with a weighting of 0.82%. The global investment bank is having a decent year, up 11% year to date. When Morgan Stanley reported Q1 2019 results in April, they were nothing to write home about. That said, both its revenue and profits beat analyst expectations. The consensus was for earnings of $1.17 a share on $9.94 billion in revenue. MS delivered $1.39 a share in earnings on $10.3 billion in revenue. More importantly, the company's wealth management business, the company's largest, delivered revenues of $4.39 billion in the quarter, $200 million higher than the estimate. Since taking the reins, CEO James Gorman has focused Morgan Stanley on wealth management and that's ensuring it continues to generate significant revenues and profits. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 Yielding 2.8% and trading at 8.1 times forward earnings, MS stock is cheaper than a lot of the mainline banks. CVS Health (CVS)Source: Mike Mozart via FlickrCVS Health (NYSE:CVS) is the 40th-largest of VTV's 338 holdings with a weighting of 0.94%. Both CVS and its biggest competitor, Walgreens Boots Alliance (NASDAQ:WBA), are having terrible years on the market. CVS and WBA are down 16% and 22% year to date. CVS has been bogged down getting approval from regulators for its $69 billion takeover of Aetna in November. The retail pharmacy chain is transforming its business into a one-stop shop for health and wellness. Aetna's insurance plans will allow CVS to provide its customers with vertically integrated medical care. A report surfaced June 11 that suggested the federal court judge considering whether to allow the merger is leaning toward blocking it from happening. However, CVS strenuously denied that the rumor had any merit. I like CVS' transformation plan and fully expect the deal to go through. Trading at just 7 times cash flow and 8 times forward earnings, CVS is too cheap to ignore. Walt Disney (DIS)Source: Baron Valium via FlickrWalt Disney (NYSEDIS) is the 24th-largest of VTV's 338 holdings with a weighting of 1.56%. After three sub-par years in the markets -- up 0.6%, 4.7%, and 3.6% in 2016 through 2018 -- DIS stock is delivering like gangbusters for shareholders, up 30.2% year to date.I was a fan of Disney before it closed its $71-billion acquisition of 21st Century Fox and I'm still a fan. That being said, I did suggest in March that the Fox deal would do little to boost the company's share price. My feeling is that we won't be able to quantify the success of the deal for at least 3-5 years. In the meantime, Disney's going to be spending like a drunken sailor to ensure Disney+ is a Netflix (NASDAQ:NFLX) killer. I'm facetious, of course. No one, not even the world's largest entertainment company, is going to take Reed Hastings down. At least not overnight. InvestorPlace's Tom Taulli recently wrote a great piece about Disney and artificial intelligence. I recommend you read it. For me, Taulli's article exemplifies why you should own Disney stock -- its use of technology to entertain people is the best on the planet. * 7 High-Quality Cheap Stocks to Buy With $10 Disney's got a lot of moving parts and Bob Iger and the rest of its management team will continue to do what it takes to remain the world's biggest and best entertainment company. It's not dirt cheap, but it's worth every penny. PepsiCo (PEP)Source: Shutterstock PepsiCo (NYSE:PEP) is the 17th-largest of VTV's 338 holdings with a weighting of 2.4%. Since long-time CEO Indra Nooyi stepped down in October, Pepsi stock is up 26.7%, an annualized total return of 40%.Before you get any ideas Nooyi was holding back PepsiCo stock; she delivered a cumulative total return of 136% over 17 years in the top job, including a significant stretch through the 2008 recession which saw PEP stock drop to below $20. The work she did to get the beverage and snack food maker in fighting form in recent years helped her successor, Ramon Laguarta, hit the ground running. Laguarta joined Pepsi Europe in 1996, moving up the ranks until becoming PepsiCo president in September 2017; ascending to the top role when Nooyi retired a year later. Nooyi built an exceptional bench of talent. Case in point: PepsiCo chief commercial officer Laxman Narasimhan just took the CEO job at Reckitt Benckiser (OTCMKTS:RBGLY) -- whose brands include Lysol, Woolite, Calgon, Scholl and Clearasil -- less than three months after being appointed to the newly created role at Pepsi. Pepsi reached on to its deep bench to appoint Ram Krishnan to replace Narasimhan. Krishnan currently runs the company's Greater China business. Trading near a 52-week high of $134.71, PepsiCo stock looks ready to continue moving higher. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Red-Hot IPO Stocks to Buy for the Long Run * 5 Stocks to Buy for $20 or Less * 4 Dow Jones Stocks Ready to Rise Compare Brokers The post 7 Value Stocks to Buy for the Second Half appeared first on InvestorPlace.

  • Bloomberg10 hours ago

    Dish Is Near a $6 Billion Deal for T-Mobile, Sprint Assets

    (Bloomberg) -- Dish Network Corp. is in talks to pay at least $6 billion for assets that T-Mobile US Inc. and Sprint Corp. are unloading to win regulatory approval for their merger, according to people familiar with the matter.Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint’s Boost Mobile brand, said the people, who asked to not be identified because the matter isn’t public. The deal hasn’t been finalized and talks could still fall through, said the people.The potential divestitures are aimed at appeasing the Justice Department, which wants T-Mobile and Sprint to sell enough assets to ensure that the U.S. maintains at least four viable wireless players.Representative for Dish and the Justice Department declined to comment. Representatives for T-Mobile and Sprint didn’t respond to requests for comment.Dish rose 1.9% to $39.74 at 1:16 p.m. in New York trading, giving the Englewood, Colorado-based company a market value of about $18.6 billion. Sprint gained about 2.3% while T-Mobile rose 1.3%.T-Mobile agreed to buy Sprint in April 2018 for $26.5 billion, betting that together the carriers can build a next-generation wireless network to better compete with industry leaders Verizon Communications Inc. and AT&T Inc.Dish, co-founded by billionaire Charlie Ergen, had been on a shortlist of bidders for T-Mobile and Sprint assets favored by the Justice Department, people familiar with the matter said this month. Charter Communications Inc. and Altice USA Inc. were also on the list.T-Mobile and Sprint have already promised to sell Boost to get approval from the Federal Communications Commission. They also have to win over the Justice Department, which is concerned about the merger reducing the number of major U.S. wireless carriers to three.The companies are negotiating with the Justice Department after nine states and the District of Columbia sued to block the deal last week on antitrust grounds.(Updates companies’ share prices in fifth paragraph; adds background in seventh.)To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Scott Moritz in New York at smoritz6@bloomberg.net;Nabila Ahmed in New York at nahmed54@bloomberg.netTo contact the editors responsible for this story: Elizabeth Fournier at efournier5@bloomberg.net, ;Sara Forden at sforden@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Apple (AAPL) Likely to Launch 5G-Supported iPhones in 2020
    Zacks14 hours ago

    Apple (AAPL) Likely to Launch 5G-Supported iPhones in 2020

    Apple (AAPL) is expected to launch 5G-supported iPhones in 2020, much later than other prominent smartphone manufacturers like Samsung, LG, Huawei and Motorola.

  • Has Verizon Communications (VZ) Outpaced Other Computer and Technology Stocks This Year?
    Zacks15 hours ago

    Has Verizon Communications (VZ) Outpaced Other Computer and Technology Stocks This Year?

    Is (VZ) Outperforming Other Computer and Technology Stocks This Year?

  • Financial Times16 hours ago

    Ethical investing has reached a tipping point

    , or a security that raises funds for sustainable business. You might have thought this exercise would incur some cost for Verizon’s treasurers, given that green finance has traditionally been a cumbersome endeavour. Verizon’s $1bn green bond attracted such frenzied investor demand that it was eight times oversubscribed, making it the most popular security Verizon has ever sold.

  • MoneyShow18 hours ago

    A 6-Stock "What, Me Worry" Portfolio

    It feels a little like December. No, I'm not talking about the weather. I'm talking about investor sentiment. Indeed, the on-again, off-again, and now on-again trade war has cast a chill over the market, notes Chuck Carlson, dividend reinvestment expert and editor of DRIP Investor.

  • Financial Times19 hours ago

    US-China contest centres on race for 5G domination

    Less than 10 years ago, all top 10 technology companies by revenue were American. Global telecom standards were set by US companies such as AT&T and Verizon. A decade ago, Huawei, the leading Chinese telecoms equipment maker, was a little known provider of services largely to south-east Asia, and eastern and central Europe, rather than a rival to the Americans in more developed markets.

  • Senator Rubio targets Huawei over patents
    Reuters2 days ago

    Senator Rubio targets Huawei over patents

    U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the rights to patented technology. Under the amendment - seen by Reuters - companies on certain U.S. government watch lists, which would include Huawei, would not be allowed to seek relief under U.S. law with respect to U.S. patents, including bringing legal action over patent infringement. On June 12, a person briefed on the matter said Huawei had told Verizon that it should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion.

  • U.S. Senator Rubio targets Huawei over patents
    Reuters2 days ago

    U.S. Senator Rubio targets Huawei over patents

    U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the rights to patented technology. Under the amendment - seen by Reuters - companies on certain U.S. government watch lists, which would include Huawei, would not be allowed to seek relief under U.S. law with respect to U.S. patents, including bringing legal action over patent infringement. On June 12, a person briefed on the matter said Huawei had told Verizon that it should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion.

  • Verizon Communications (VZ) Stock Sinks As Market Gains: What You Should Know
    Zacks2 days ago

    Verizon Communications (VZ) Stock Sinks As Market Gains: What You Should Know

    Verizon Communications (VZ) closed at $57.63 in the latest trading session, marking a -1.12% move from the prior day.

  • Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show
    Investor's Business Daily2 days ago

    Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show

    AT&T; is upgrading its wireless network after buying Time Warner. AT&T; earnings are stalling and shares are far off highs. Is AT&T; stock a buy right now?

  • States to File Antitrust Suit to Block T-Mobile-Sprint Deal
    Bloomberg8 days ago

    States to File Antitrust Suit to Block T-Mobile-Sprint Deal

    (Bloomberg) -- A group of states sued to block T-Mobile US Inc.’s proposed takeover of Sprint Corp. on antitrust grounds, putting pressure on the Justice Department as it nears a final decision on the merger of the two wireless carriers.State attorneys general from nine states and the District of Columbia filed the lawsuit Tuesday in federal court in New York to stop a deal they say will harm competition and raise prices for consumers by at least $4.5 billion a year.“When it comes to corporate power, bigger isn’t always better,” New York Attorney General Letitia James said in a statement. “This is exactly the sort of consumer-harming, job-killing mega-merger our antitrust laws were designed to prevent.”The states’ challenge is a major setback to T-Mobile’s and Sprint’s plan to combine and take on industry leaders AT&T Inc. and Verizon Communications Inc. Last month, the carriers cleared a key hurdle when they won support for their deal from the chairman of the Federal Communications Commission.The all-Democratic attorneys general are taking the rare step of suing to block the $26.5 billion deal while the Justice Department is still reviewing the merger. State enforcers have the authority to go to court to block a merger even if federal officials at the Justice Department and the FCC approve it. Sprint shares dropped 6.4% at 12:15 p.m. in New York trading. T-Mobile fell 1.7%.The spread between T-Mobile’s offer price and Sprint shares is the widest since May 17. It’s a sign that investors are more doubtful that a deal will get done.Sprint and T-Mobile representatives didn’t immediately respond to a request for comment.The case, which was filed under seal, puts pressure on Makan Delrahim, the head of the Justice Department’s antitrust division. He can either side with the states, which say the merger should be blocked, or negotiate a remedy that would allow the deal to proceed. Delrahim doesn’t think a settlement with the FCC goes far enough to resolve competition problems from the deal and is in talks with the companies about additional concessions.What Bloomberg Intelligence Says:T-Mobile getting its proposed $27 billion acquisition of Sprint past regulatory hurdles is no done deal, though the companies have some defenses that stand a chance. The Department of Justice has expressed interest in the competitive potential of 5G technology and a strong competitor to AT&T and Verizon in that area. The outcome depends to a great extent on whether the evidence supports T-Mobile’s assertions about future market dynamics and 5G competition.\--Jennifer Rie, litigation analystClick here to view the pieceThe state attorneys general say that combining T-Mobile and Sprint would eliminate competition between them and lead to higher prices. And in a more consolidated market, AT&T and Verizon would also be able to charge more.“Although T-Mobile and Sprint may be promising faster, better, and cheaper service with this merger, the evidence weighs against it,” said California’s Attorney General Xavier Becerra. “This merger would hurt the most vulnerable Californians and result in a compressed market with fewer choices and higher prices.”In the retail mobile wireless market, not including enterprise accounts, T-Mobile and Sprint would lead AT&T and Verizon in market share, according to the states. In some areas of the country, their market share would be more than 50%, they said. Harm from the tie-up will disproportionately fall on lower-income consumers who are customers of Sprint and T-Mobile’s pre-paid brands, Boost and Metro, they say.Deal InvestigationAccording to people familiar with their thinking, state officials don’t know whether the Justice Department will ultimately approve the deal. They are taking action because after investigating the merger for about a year they determined it violated antitrust laws and they don’t see any reason to wait for the Justice Department to make a decision, the people said.The states’ investigation, led by the chief of New York’s antitrust bureau, Beau Buffier, relied on technical and economic experts, according to one of the people. Their economists are Carl Shapiro of the University of California at Berkeley and Yale University’s Fiona Scott Morton, the person said.The case comes more than a year after T-Mobile and Sprint announced the deal to combine, claiming together they could better compete with Verizon and AT&T while speeding deployment of the next generation of wireless technology known as 5G. Although a previous attempt to merge was frustrated by the Obama administration, T-Mobile and Sprint were betting on a more receptive audience from the Trump officials.The tie-up’s fate now rests with a federal judge, who must decide whether it should be blocked on antitrust grounds. The companies could still reach a settlement before the case goes to trial.If the carriers are stopped from completing the deal, they would be left to their own to compete in a maturing wireless market while financing expensive investments in developing their own 5G networks.‘Supercharge’ T-MobileSprint’s challenges are bigger. Despite becoming profitable last year after a decade of losses, it warned the FCC that without a deal it sees “no obvious path to solve key business challenges.”T-Mobile Chief Executive Office John Legere took the lead on Capitol Hill -- and on social media -- advocating for the deal. He said the transaction would “supercharge” his company, which he made a maverick competitor in the market. The centerpiece of his case was that combining with Sprint would help the U.S. lead in 5G technology, a priority for the Trump administration.That argument was dismissed by opponents of the deal, including consumer groups and the Communications Workers of America, which said the merger would reduce choice, lead to higher wireless bills and cause job losses.Getting a deal with T-Mobile was a long-held plan of Masayoshi Son, the chairman of SoftBank Group Corp., which owns Sprint. In 2014, he came to Washington vowing a price war if he was able to acquire T-Mobile and personally lobbied U.S. officials about a potential tie-up. If the deal goes through, T-Mobile owner Deutsche Telekom will end up with a 42% ownership stake while SoftBank will own 27%.(Updates with statement from James in third paragraph.)\--With assistance from Scott Moritz.To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Erik Larson in New York at elarson4@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Joe Schneider, David GlovinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Verizon Augments NBA Network Capabilities With Fiber Optics
    Zacks2 days ago

    Verizon Augments NBA Network Capabilities With Fiber Optics

    The improved bandwidth connectivity through Verizon's (VZ) fiber-optic network will offer high-resolution video to fans across the world to relive the key moments of the match without compromising on finer details.

  • Adobe Systems (ADBE) to Report Q2 Earnings: What's in Store?
    Zacks2 days ago

    Adobe Systems (ADBE) to Report Q2 Earnings: What's in Store?

    Adobe Systems' (ADBE) fiscal second-quarter results are likely to be driven by strength in Creative Cloud and innovation.

  • Verizon's fiber network connects NBA arenas for 1080p broadcasts
    Engadget5 days ago

    Verizon's fiber network connects NBA arenas for 1080p broadcasts

    Verizon (Engadget's parent company) plans to connect all NBA arenas to a high-speed fiber network for better HD broadcast support. When the network is up and running in the second half of 2020, the league will be able to broadcast games from every team in 1080p resolution, and the system will support up to 30 cameras in each arena.

  • Reuters5 days ago

    UPDATE 1-U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week -source

    The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on Friday. Earlier this week, Dish Network Corp executives met with the Justice Department's antitrust chief Makan Delrahim and Federal Communications Commission Chairman Ajit Pai as part of the government's review of the deal, which could dramatically reshape the U.S. wireless market.

  • GlobeNewswire5 days ago

    Verizon to build fiber-based video distribution network connecting NBA’s 29 arenas

    Verizon today announced an agreement with the National Basketball Association (NBA) to create a high-speed network that connects all twenty-nine arenas that host NBA teams using Verizon’s fiber network to deliver high quality-video to fans. “The NBA is a leader in bringing innovative, high quality viewing experiences to fans outside the arena,” said George Fischer, SVP and president of Verizon Enterprise.

  • Best ETFs to Invest in 5G Theme
    Zacks5 days ago

    Best ETFs to Invest in 5G Theme

    5G technology will be a game changer; here are the stocks and ETFs that will benefit most

  • Amazon, Apple, Google and Facebook are 'sith lords who started benign': Galloway
    Yahoo Finance5 days ago

    Amazon, Apple, Google and Facebook are 'sith lords who started benign': Galloway

    Why everybody wins if the U.S. government succeeds in breaking up the big four tech companies — Amazon, Apple, Google and Facebook.

  • Bloomberg5 days ago

    Huawei Has 56,492 Patents and It's Not Afraid to Use Them

    (Bloomberg) -- As Huawei Technologies Co. comes under unrelenting pressure from the Trump administration, the Chinese telecom giant has one advantage that the U.S. can’t undermine: a vast, global portfolio of patents on critical technology.Huawei holds 56,492 active patents on telecommunications, networking and other high-tech inventions worldwide, according to Anaqua’s AcclaimIP. And it’s stepping up pursuit of royalties and licensing fees as its access to American markets and suppliers is being restricted.The company is in protracted licensing talks with phone-services provider Verizon Communications Inc. and is in a dispute with chipmaker Qualcomm Inc. over the value of patents. Huawei also lodged claims against Harris Corp. after the defense contractor sued it last year alleging infringement of patents for networking and cloud security.“Patents are, at their basic level, weapons of economic warfare,” said Brad Hulbert, a patent lawyer with McDonnell Boehnen Hulbert & Berghoff in Chicago. “They’re being hurt by the sanctions that the Trump Administration imposed and saying ‘You have hurt us and our ability to sell, and we can hurt back.’ It’s saber-rattling.”Broader national security concerns also hang over this technology battle. In some circles Huawei’s outsized role as a supplier to next generation, or 5G networks makes it a potential threat either as an espionage agent or network disruption tool. Huawei has not only become a flashpoint in the middle of a 5G arms race, it’s also one of several companies targeted in President Donald Trump’s ongoing trade dispute with China.Trump signed an order in May that’s expected to restrict Huawei from selling equipment in the U.S. Shortly after, the Department of Commerce said it had put Huawei on a blacklist that could forbid it from doing business with American companies.For its part, the Asian nation sees Huawei as a potent symbol of its evolution from the world’s factory to a technology powerhouse, while the U.S. claims the tech company steals inventions from American firms.“Huawei has invested a lot of money and they want to be recognized,” said Jim McGregor, a Mesa, Arizona-based technology analyst with Tirias Research. “Huawei is just playing out standard business practices for the wireless industry.”Patent disputes are common in the tech industry, and the coming revolution predicted by advances in “5G” wireless technology promises to bring even more. Traditional players like Ericsson AB and Nokia Oyj are ramping up efforts to get more money from their patents. Qualcomm is appealing a ruling in a lawsuit by the U.S. Federal Trade Commission that threatens the licensing program that accounts for the bulk of its profits. Huawei and Samsung Electronics Co. ended a two-year royalty fight in February.Qualcomm and Huawei are seen as two of the biggest players developing 5G that could bring not only faster speeds but bring new capabilities including remote surgery via robots and self-driving cars that talk to each other. The global ban on Huawei equipment promoted by Trump has roiled telecom companies worldwide. It’s a reminder, McGregor said, that 5G relies on both the U.S. and China.“Huawei, over the past couple of years, has really ramped up its efforts in not only patents but in the standard bodies, particularly in wireless technology,” McGregor said. “They can say ‘whether you’re using our equipment or Ericsson’s equipment, you’re using our inventions. You still have to take a license.’”The Chinese government and companies have been investing billions in high-tech research, and have the patents to show for it. Last year alone, Huawei received 1,680 U.S. patents, making it the 16th biggest recipient, figures by Fairview Research’s IFI Patent Claims Services show. Huawei’s total portfolio of active patents and published applications is 102,911, according to Anaqua, an intellectual property-management software firm.Royalty demands against cell-phone carrier Verizon by Huawei, reported Wednesday by the Wall Street Journal, could be become part of the political battle, said Peter Toren, a Washington-based patent lawyer who consults with other firms and companies on licensing and litigation.“Given Huawei’s position and the pressure they are feeling, they have nothing to lose at this point than to go after American companies in the patent arena,” Toren said. “They get poked in one area and they’re going to stick back in another to show there are consequences for this continued pressure.“I don’t see how the government can stop them,” he said. “They have ownership in the patents.”Verizon, while declining to comment on specific talks, sees the negotiations as more than just a typical patent-licensing discussion.“These issues are larger than just Verizon,” the company said in a statement. “Given the broader geopolitical context, any issue involving Huawei has implications for our entire industry and also raise national and international concerns.”Officials with Huawei had no immediate comment.McGregor said it makes sense for Huawei to demand royalties from Verizon because it’s the largest cell-phone carrier in the U.S. Verizon claims it’s the first to offer speedy new 5G services for mobile phones, though it’s only available in a limited area.“If they don’t go to them within a reasonable amount of time and at least try to enforce those patents, those patents become unenforceable,” McGregor said. “You have to pick a starting point. It’s better to pick one of the major players and it makes sense to pick one of those who’s rolling out that technology.”\--With assistance from Ian King and Scott Moritz.To contact the reporter on this story: Susan Decker in Washington at sdecker1@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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