Wireless
Verizon Consumer Group CEO to Step Down
Sowmyanarayan Sampath had been considered a likely future CEO.
Wireless
Sowmyanarayan Sampath had been considered a likely future CEO.
Earnings
The company increased its fiber expansion targets.
Wireless
The company also closed its acquisition of Frontier Tuesday.
convergence
The Comcast and Charter executives spoke at separate sessions at the UBS Global Media and Communications Conference Monday
Wireless
Move comes as new CEO prepares broad cost reductions across operations.
Earnings
New CEO Dan Schulman sought to dispel concerns of a potential price war in mobile.
Fiber
The move follows similar ventures by AT&T and T-Mobile.
Earnings
The company also added 54,000 fiber subscribers, in addition to 755,000 absorbed from Metronet.
mergers
Verizon told the FCC it would roll back diversity initiatives to gain approval to acquire Frontier.
Briefs
Verizon has signed a deal with AST SpaceMobile to provide cellular service from space beginning next year.
mergers
The companies declined to disclose the terms of the deal.
People
Hans Vestberg, who led the company since 2018, will stay on as an advisor for about a year.