Filed under: AT and T (T), Verizon Communications (VZ), Stocks to Buy

This is not your typical, former AT&T (NYSE: T) unit. Verizon (NYSE: VZ) is a modern, diverse telecom provider for the early digital age.

Verizon has three impressive divisions: landline, wireless, and business services. And the numbers speak for themselves: landline has an astounding 42.3 million subscribers in 28 states, Verizon Wireless is the second largest wireless provider, and business services is making inroads on medium/large enterprise customers and government agencies.

Further, in 2006 the company’s fiber optic broadband/video service, FiOS, emerged as a major competitor to comparable cable broadband/video services: look for VZ to continue to grab market share in key markets, as the service is rolled-out in the years ahead. The Reuters F2007/F2008 EPS consensus estimates for VZ are $2.37/$2.71.

Continue reading Verizon diversifies, and continues to impress

Permalink | Email this | Comments

You might also be interested in these

Leave a Reply

Close
E-mail It