Fran Shammo

 

Verizon Explored REIT Before Windstream’s Surprise Announcement

REITs have garnered increased attention in telecom after Windstream announced an agreement to spin off its telecom network assets into one under a tax-free transaction that the company said will enable it to lower debt by $3.2 billion and boost cash flow.

iPhone 5 or Not, Verizon CFO Shammo Bullish on Wireless Goals

Asked Thursday by a Merrill Lynch analyst about the carrier’s declining upgrade rate to new phones in the second quarter, Fran Shammo mentioned Verizon’s $30 upgrade fee and raised the possibility that customers may be waiting to upgrade until a certain phone is released.

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