$32.69
0.04 (+0.12%)
Verizon Communications, Inc. (VZ)
CAPS Rating:
The Company is a provider of communications services. It has two reportable segments, Wireline and Domestic Wireless, which it operates and manages as strategic business units and organize by products and services.
RSS Headlines
Fool UK
Recs
VZ is a great longterm green thumb. Verizon continues to demonstrate it is the leader in wireless technology and has recently shifted some focus on telecom infrastructure investment. There has been a lot of criticism that FiOs is much too large an expense for the return, however working in commercial real estate I have noticed Verizon reaching out to many owners in order to run this system to commercial office buildings. Many landlords realize this is a great investment in the building and a big draw for a lot of tenants, plus little to no out of pocket expense for them. Impressive technology, which might be a gamble but also might pay off dividends in the near future.