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Telecom stocks were in a funk earlier this week, with shares of Verizon (VZ 2.04%), AT&T (T 1.84%), and T-Mobile (TMUS 2.51%) all tumbling on Tuesday, after comments from Verizon chief revenue officer Frank Boulben, given at a Deutsche Bank Media, Internet & Telecom Conference, caused telecommunications sectors to freak out just a little bit.
Telecom giants AT&T (T -1.11%) and Verizon Communications (VZ -1.93%) aren't obvious leaders in the artificial intelligence (AI) revolution, yet their high-speed, low-latency connectivity services play a vital role in the data-intensive AI ecosystem.
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Verizon's stock is headed for its worst two-day stretch since 2008 after a downgrade from Wolfe Research.
Verizon Business takes first-of-its-kind approach to network-native security for business with end-to-end solution that can be embedded in customer networks Verizon Business takes first-of-its-kind approach to network-native security for business with end-to-end solution that can be embedded in customer networks
Verizon (VZ -6.58%) stock lost ground in Tuesday's trading. The telecom giant's share price ended the daily session down 6.6%, and had been off as much as 8.4% earlier in trading.
U.S. Transportation Secretary Sean Duffy said Verizon is "not moving fast enough" in its $2.4 billion 15-year telecom contract with the Federal Aviation Administration.
Verizon Communications Inc. (NYSE:VZ ) Deutsche Bank 33rd Annual Media, Internet & Telecom Conference March 11, 2025 8:00 AM ET Company Participants Frank Boulben - Chief Revenue Officer, Verizon Consumer Conference Call Participants Bryan Kraft - Deutsche Bank Bryan Kraft Okay. Good morning, everyone.
Verizon Communications Inc (NYSE:VZ) shares dropped 7% after warning that "soft" subscriber growth was likely in the first quarter. Rival carriers were attracting customers with promotions, the US wireless group said at an investor conference.
Verizon calls out a more competitive wireless industry, and that's weighing on its shares — as well as those of its peers.