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Verizon Wireless reports solid Q4 numbers

Verizon Wireless announced a strong growth in revenue for the fourth quarter of 2011, driven by increased smartphone penetration and contract customer spending.

Verizon Wireless to make US10B dividend payment

Verizon Wireless finally confirmed it is to pay a dividend to its parents, with US$10 billion to be paid to its owners, Verizon Communications, and Vodafone Group, on 31 January 2012.

Verizon sees new iPhone by year-end

Verizon Communications’ new CEO, Lowell McAdam, says he now expects to see Apple’s new iPhone 5 arrive in the autumn, reports Light Reading.

Vodafone sees US5.5B dividend from Verizon Wireless

Andy Halford, CFO of Vodafone Group, said the company could receive an annual dividend of up to US$5.5 billion from its stake in Verizon Wireless from next year onwards, the Financial Times reports.

Verizon CFO likely to see strong Q1 adds

Dow Jones Newswires reports that Fran Shammo, CFO of Verizon Communications, said that Verizon Wireless is set to add twice as many customers in the first quarter of 2011 as it did in the year-ago period, driven by the launch of Apple’s iPhone.

Verizon head moots LTE as fixed substitute

Ivan Seidenberg, chief executive of Verizon Communications, said that the operator’s fledgling LTE network could become a “modest substitute” for other home entertainment services including cable or internet services.

Wireless CTO takes on Verizon role

Anthony Melone, SVP and CTO of Verizon Wireless, has been appointed as EVP and CTO of Verizon Communications.

Verizon suggests Wireless dividend resumption; talks tariffs and iPhones

Ivan Seidenberg, chief executive of Verizon Communications, told a Goldman Sachs conference that the resumption of dividend payments from the Verizon Wireless joint venture may be a possibility, signalling that the end of the stand-off with Vodafone Group may be on the cards. Meanwhile a Verizon-based iPhone doesn’t seem to be an immediate concern for the operator.

Vodafone head plays down Verizon merger talks

Vittorio Colao, CEO of Vodafone Group, played down the possibility that the company could merge with Verizon Communications in order to resolve the impasse that has been reached with regard to Verizon Wireles.

Verizon CFO to retire

Verizon Communications said today that its chief financial officer (CFO), John F. Killian, will retire at the end of the year.