T-Mobile posted growth of subscribers is the millions which is putting Verizon in a bind. Recently, Verizon has reintroduced their unlimited plans because the others have been taking market share at a quick pace. The mobile phone market continues to be extremely competitive and with the recent changes, T-Mobile looks primed to be sold, even though they?ve run into issues in the past. [more
Verizon Communications Inc (VZ) is traded on New York Stock Exchange in USA. It is located in NEW YORK, U.S.A and employs 162,000 people. Verizon Communications is listed under Communication category by Fama And French industry classification.The company currently falls under 'Mega-Cap
' category with market capitalization of 182.92 B. Verizon Communications Inc is active under Telecommunications
sector as part of Diversified Telecommunications
industry. This company has 4.08 B outstanding shares of which 35.92 M shares are at this time sold short in the market by investors with about 2.4 days to cover all shorted shares.
VERIZON COMMUN reports about 4.31 B in cash with 16.9 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.06.
Check Verizon Communications Probability Of Bankruptcy