Top 5 Telecom Companies To Invest In Right Now: Verizon Communications Inc.(VZ)
Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The Wireline segment provides voice, Internet access, broadband video and data, Internet protocol network, network access, long distance, and other services in the United States and internationally. The company serves consumer, business, and government customers, as well as carriers. As of December 31, 2010, its network covered a population of approximately 292 million and provided service to a customer base of approximately 94.1 million. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.
Advisors' Opinion:- [By Evan Niu, CFA]
In April, No. 1 carrier Verizon (NYSE: VZ ) Wireless announced that it was tightening its upgrade policy, increasing the timeframe from 20 months to 24 months, to "align the upgrade date with the contract end date," as if that's a good thing for consumers. Big Red has been aggressively seeking to rein in subsidy expenses, in part by promoting platform competition.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-5-telecom-companies-to-invest-in-right-now-4.html
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