Verizon Restructuring Puts Emphasis on 5G
Verizon Wireless will no longer be a separate unit.
Verizon Wireless will no longer be a separate unit.
For the third quarter, the carrier’s wireless revenue was $18 billion, up 3.3 percent year over year.
Total operating revenue in the second quarter was $32.2 billion, up from $30.5 billion for the year-ago quarter.
The ratification votes by union members are expected to take place by mid-August.
Globalgig orchestrates hyperconnectivity through its patented Multi-IMSI SIM card.
When reporting its second-quarter earnings, Windstream eliminated its quarterly shareholder dividend.
It’s the Alliance Channel’s first major news since the realignment.
Verizon’s wireless revenue was $21.3 billion for the second quarter, compared to $21.7 billion for the year-ago quarter.
It was good news for the big telcos that also are big in wireless services.
The deal would provide pay raises, improvements in severance benefits, continued affordable health care and other improvements for employees.
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