Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
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Space Economy▲
Lockheed Martin Expands Into AI Airspace Monitoring And Sea Launch
Lockheed Martin showcased its NetSense Airspace Awareness-as-a-Service system, which uses AI and commercial 5G networks to detect unmanned aircraft systems. The demonstration highlighted potential applications in monitoring airspace around critical infrastructure, public events, and government facilities, in collaboration with partners including Verizon and NVIDIA. Lockheed Martin also extended its multi-launch rocket agreement with Firefly Aerospace and agreed to work together on sea-based launch platforms for responsive space access. The clearest sign of progress will be whether planned pilot deployments in late 2026 and early 2027 convert into recurring NetSense subscriptions with city, state, federal or large commercial customers, alongside concrete task orders under the extended Firefly launch agreement.
Verizon Partners With Google Cloud to Deploy Gemini Enterprise
Verizon is deepening its artificial-intelligence push through a new strategic partnership with Alphabet's Google Cloud, deploying Gemini Enterprise across customer service, network operations, marketing and employee workflows. Gemini Enterprise for Customer Experience already handles the majority of Verizon's inbound consumer calls and chats each month, and Google said the expanded relationship will also use AI to predict and resolve network anomalies before they affect customers. Verizon plans to use Gemini Enterprise to coordinate AI agents across core business functions, while Google Cloud's data tools will automate parts of content creation, marketing campaigns and customer engagement. The partnership builds on Verizon's existing use of Google Cloud technology and comes as the carrier reported second-quarter mobility and broadband service revenue rose 2.8% to roughly $23.4 billion, with adjusted EBITDA up 7.2% to a record $13.7 billion. Verizon expects mobility and broadband service revenue growth to accelerate toward roughly 4% in the fourth quarter and raised 2026 adjusted EPS guidance to $4.99 to $5.04.
Verizon Communications plans to redeem $1.25 billion of 4.329% notes due 2028 next month. The move highlights the company's balance sheet and capital structure. Verizon shares have returned 22.04% year to date and 18.87% over one year at a price of $49.45. Analysts' average target is slightly above the current price, while some intrinsic value estimates are far higher.
Verizon Launches Pixel 11 Lineup With New Simplicity Wireless Plans
Verizon Communications has launched an exclusive Google Pixel 11 lineup alongside new Simplicity and Simplicity Pro wireless plans that bundle Google AI features with flexible yearly device upgrade options. The telecom giant is removing upgrade and activation fees for these plans, positioning the Pixel 11 launch as a broader push into value-added wireless services. The move ties Verizon's core connectivity business more closely to AI-driven services for consumers, businesses, and government customers worldwide. Analysts view the launch as supporting Verizon's convergence strategy of segmented, customer-centric plans aimed at improving net additions and retention against rivals AT&T and T-Mobile. However, the promotion-heavy structure and device upgrade incentives also highlight competitive pressure and the risk that wireless growth depends on richer discounts.
T-Mobile Service Revenue Climbs 9% on Postpaid Growth
T-Mobile US reported second-quarter 2026 total service revenues of $19 billion, up 9% year over year, driven by a 13% jump in postpaid service revenues to $15.9 billion. Postpaid accounts reached 34.7 million, up from 31.5 million a year earlier, helped by acquisitions of UScellular and Metronet, while postpaid average revenue per account rose 2% to $152.91. Management said more than 60% of customers on new accounts are selecting premium rate-plan tiers, supporting ARPA growth. The company faces competition from AT&T, which added more than 1 million Advanced Connectivity customers in the quarter, and Verizon, which added 348,000 broadband subscribers. T-Mobile shares have declined 28% over the past year, and the stock currently carries a Zacks Rank #3 (Hold).
Verizon Loses Final Supreme Court Appeal Over $47 Million FCC Fine
Verizon Communications has lost its final legal appeal in the U.S. Supreme Court over a $47 million FCC penalty tied to customer location data. The decision leaves the long-running fine in place and closes Verizon's effort to recover the funds through the courts. The outcome underscores ongoing federal scrutiny of how U.S. telecom companies handle sensitive user information and comply with FCC rules. The penalty is small relative to Verizon's scale and heavy 5G and fiber spending, so the broader bull case around cost optimization and cash generation remains intact.
The 30-year Treasury yield at 5.31% is reshaping which dividend stocks win or lose, with MetLife up 25.2% year to date while Realty Income has fallen 4.88% over the past month. MetLife's net investment income rose 10% to $5.36 billion in Q1 2026, and its dividend has been raised twice this year to $0.5925 per quarter. Ares Capital benefits from floating-rate loans with 71% of its portfolio yielding a weighted-average 10.3%, though non-accruals climbed to 2.4% at amortized cost. Realty Income's forward dividend of $3.252 yields roughly 5%, no longer meaningfully above the Treasury, while Vornado Realty carries 8.0x net debt to EBITDAre with two loans in default. Verizon's $136.5 billion in unsecured debt and rising refinancing costs chip at free cash flow despite a 25.2% year-to-date share gain.
TDS Raises Fiber Guidance as Legacy Revenue Declines
Telephone and Data Systems raised its full-year fiber address guidance to a range of 250,000 to 300,000 after adding roughly 66,000 marketable fiber service addresses in the second quarter, pushing first half 2026 delivery to about 106,000, the strongest opening half in company history. Total telecom operating revenue fell 6% in the quarter, or 4% excluding divestitures, and management trimmed its full-year telecom revenue guidance to a range of $1 billion to $1.025 billion. Residential fiber net adds reached 15,100 for the quarter, up 47% year-over-year, and fiber revenue climbed 13%, or $11 million. Array Digital Infrastructure, the tower subsidiary in which TDS has an unresolved buyout offer for minority shares, saw cash site rental revenue up 65% year-over-year on a normalized basis and closed a $168 million spectrum sale to T-Mobile in May and a $1 billion transaction with Verizon in June.
Charlie Ergen's CONX to acquire control of MobileX in $200M deal
Charlie Ergen agreed to acquire a controlling stake in wireless provider MobileX through his special purpose acquisition company CONX, in a deal valuing the carrier at about $200 million, The Wall Street Journal reported. The transaction, which requires regulatory approval, also would give Verizon Communications a minority interest in MobileX through the conversion of an existing loan into equity. MobileX resells wireless service using Verizon's network. Ergen already oversees Boost Mobile as chairman and co-founder of EchoStar. It is unclear whether MobileX and Boost will combine operations or remain separate businesses. MobileX founder Peter Adderton is expected to remain chief executive.
Verizon and Lockheed Martin launch AI-powered airspace monitoring service
Verizon Communications and Lockheed Martin are collaborating on NetSense Airspace Awareness-as-a-Service, using AI and 5G to support unmanned aircraft systems detection and critical infrastructure protection. The partners are working with additional technology providers to connect sensor data over Verizon's 5G network for real-time monitoring of UAS activity. The initiative includes planned pilot deployments and potential future commercialization aimed at enterprise and government customers.
Verizon Signs Over $1 Billion AI Connectivity Deal With Google
Verizon Communications has signed a more than $1 billion agreement with Google to provide dark-fiber routes connecting data centers, positioning its network for growing AI connectivity demand. The company expects to announce additional agreements with hyperscalers by year-end that could collectively represent multiple billions of dollars in revenue over the next several years. Verizon is also converting some existing central offices into edge data centers to support AI inference closer to end users. The Google deal provides early validation of AI infrastructure as a long-term growth avenue for Verizon.
Verizon Earnings Estimates Revised Upward for 2026 and 2027
Analysts have raised their earnings estimates for Verizon Communications for fiscal 2026 and 2027 over the past 60 days, with the 2026 estimate up 1.21% to $5.03 and the 2027 estimate up 0.38% to $5.29. The company reported 184,000 postpaid phone net additions in the second quarter, its strongest consumer second-quarter performance in five years, while consumer postpaid phone churn fell to 84 basis points from 95 basis points in the fourth quarter of 2025. Verizon also signed an agreement worth more than $1 billion with Google to use its dark-fiber routes to connect data centers, and it is exploring deals with other hyperscalers. However, fixed wireless access net additions fell 30.6% year over year to 193,000, and total unsecured debt stood at $136.5 billion at the end of the second quarter of 2026. The stock has gained 8.2% in the past year, underperforming the Wireless National industry's 79% growth, and it carries a Zacks Rank of 3, or Hold.
AT&T Earnings Estimates Rise as Fiber and Wireless Growth Continue
Analysts have raised their earnings estimates for AT&T over the past 60 days, with fiscal 2026 and 2027 projections up 1.29% to $2.35 and 1.18% to $2.57 respectively. The company added more than 1 million fiber locations in the second quarter, bringing total fiber locations to 38.6 million, and expects to exceed 40 million by end of 2026 and 60 million by 2030. AT&T also added 432,000 postpaid phone customers with churn of just 0.86%, and 279,000 fixed wireless connections. However, the company faces high capital expenditure requirements, with net debt-to-adjusted EBITDA at 2.68X and total debt of $144 billion, and management expects leverage to rise to about 3.2X after the planned EchoStar spectrum acquisition. The stock has lost 14% in the past year, underperforming Verizon's 9.3% gain but outperforming T-Mobile's 29.2% decline, and currently trades at 9.86 forward earnings versus the industry's 33.07.
Verizon opens preorders for Google Pixel 11 series with Simplicity plan offers
Verizon began taking preorders for the Google Pixel 11 series on August 12, pairing the new devices with its Simplicity plan. Customers can get the Pixel 11 Pro for $45 a month with no trade-in required, or choose the Simplicity Pro plan at $80 a month to upgrade to the latest Pixel model every year. Other offers include up to $1,100 off with a trade-in and new line, up to $900 off for existing customers upgrading with a trade-in, and a bundle that includes a Pixel Watch 5 and Galaxy Tab S10 FE at no additional hardware cost. The Pixel 11 starts at $899.99, the Pixel 11 Pro at $1,099.99, the Pixel 11 Pro XL at $1,299.99, the Pixel 11 Pro Fold at $1,899.99, and the Pixel Watch 5 at $499.99, with general availability beginning August 20.
Verizon Prices $3.75 Billion in Junior Subordinated Notes Amid Starlink Mobile Threat
Verizon Communications completed a US$3.75 billion offering of fixed-to-floating, callable junior subordinated notes due 2057 and 2059, a move that directly addresses balance sheet flexibility as competitive and capital intensity risks rise. The financing comes as investor attention sharpens around mounting competitive pressure from SpaceX's planned Starlink Mobile direct-to-cell service, which could challenge Verizon's core wireless business model. The company also expanded its Verizon Family app through a new Fi Mini pet-tracking integration and addressed recent service-disrupting vandalism and public safety operations, though these do not materially change the core investment case. Analyst projections show Verizon's revenue reaching US$147.7 billion and earnings US$22.4 billion by 2029, with a fair value estimate of US$51.90 per share, implying a 10% upside from the current price. More cautious estimates assume only about 1.2% annual revenue growth to roughly US$143.8 billion and earnings near US$21.6 billion, raising the question of whether Starlink Mobile and heavy 5G or fiber needs make that outlook more realistic than the optimistic catalyst of disciplined convergence growth and AI efficiency gains.
Warner Bros. Discovery Says Disney Bundle Is Reducing Churn and Boosting Subscriber Growth
Warner Bros. Discovery executives said the streaming bundle with The Walt Disney Co. is delivering measurable benefits, helping to lower customer cancellations and improve subscriber additions. Global Streaming & Games CEO Jean-Briac Perrette stated that the proof is in the data, noting that bundled subscribers are more engaged and remain longer than those on standalone services. The bundle, which combines Max, Disney+ and Hulu, is part of a broader industry shift toward partnerships, with Perrette highlighting distributor-led bundles through Verizon and partnerships in Latin America and Europe. Streaming revenue rose 10% to $3.08 billion on a constant-currency basis in the second quarter, even as total company revenue fell 12% to $8.72 billion. The company also reaffirmed confidence that its proposed $110 billion merger with Paramount Skydance Corp. will close despite a U.S. antitrust trial set for March 2027.
SpaceX Plans Starlink Mobile Service by End of 2027, Challenging Major U.S. Carriers
SpaceX President Gwynne Shotwell announced on an earnings call that Starlink Mobile will begin service at the end of 2027, aiming to acquire customers from AT&T, Verizon, and T-Mobile. The plan sent shares of all three carriers lower on Wednesday before they rebounded Thursday, with T-Mobile gaining 3.75%, AT&T 2.82%, and Verizon 1.12%. T-Mobile CEO Srini Gopalan told the Financial Times the threat is exaggerated, arguing satellites will remain complementary to cellular networks. Starlink's current direct-to-phone service uses about 5 MHz of borrowed spectrum, but following FCC approval of two SpaceX deals totaling $19.6 billion for 65 MHz of EchoStar spectrum with terrestrial rights, and a planned tenfold increase in next-generation mobile satellites, Shotwell said the upgraded service could be roughly 100 times more capable. Analysts remain skeptical, with Craig Moffett of MoffettNathanson telling Reuters it is extraordinarily challenging to imagine a competitive direct-to-consumer service within five years. Shotwell acknowledged the need for a terrestrial component, describing a plan to attach small cellular base stations to Starlink dish mounts rather than building large towers.
Elon Musk Says Starlink Could Generate Over $1 Trillion in Annual Revenue
SpaceX CEO Elon Musk projected that Starlink could eventually generate more than $1 trillion in annual revenue, responding to venture capitalist David Friedberg's bullish assessment on the All-In podcast. Friedberg noted Starlink had 12 million subscribers after doubling its user base year over year, with connectivity revenue reaching $4.29 billion, up 66% year over year, and estimated the business could eventually achieve $40 billion in annual revenue and $30 billion in annual free cash flow. Musk said bandwidth demand will increase massively due to AI and robotics, and even if the communications market merely doubles, he expects Starlink to capture at least 25% of the market outside China, translating to more than $500 billion in annual revenue. He added it is not out of the question that Starlink could carry more than 50% of global internet traffic, potentially generating over $1 trillion annually. SpaceX president Gwynne Shotwell said Starlink Mobile is expected to begin service at the end of 2027 and could attract customers from AT&T, Verizon, and T-Mobile, while T-Mobile's CEO argued satellite connectivity will likely complement traditional cellular networks.
Array Digital Infrastructure Raises Full-Year Adjusted EBITDA Guidance to $60-$75 Million
Array Digital Infrastructure Inc reported a 65% year-over-year increase in cash site rental revenue, excluding Dish impact, and raised its full-year adjusted EBITDA guidance to $60 to $75 million. The company closed spectrum monetization transactions with T-Mobile and Verizon, including a $1 billion deal with Verizon, strengthening its balance sheet. The tenancy ratio improved sequentially to 0.96, excluding Dish, reflecting steady growth in co-locations and tower utilization. Array continues to face costs from winding down legacy wireless operations and uncertainty from T-Mobile interim site revenue declines, with 1,000 to 1,700 tenantless towers projected post-integration. Management noted strong demand and a robust pipeline of applications, with no near-term buildout requirements for its C-band spectrum.
SpaceX earnings call remarks jolt telecom and energy stocks
SpaceX's latest earnings call triggered sharp moves in telecom and energy stocks after executives outlined plans to build a terrestrial wireless network and massive power infrastructure. COO Gwynne Shotwell said Starlink would target customers of AT&T, Verizon, and T-Mobile, which together generate roughly $600 billion a year, causing shares of those carriers to drop. Deutsche Telekom CEO Timotheus Hottges acknowledged the market reaction, calling it overblown but saying the company takes SpaceX's ambitions seriously. Separately, Elon Musk's comments about building 20 gigawatts of power lifted natural gas equipment suppliers GE Vernova and Baker Hughes, as well as power providers Constellation Energy, NextEra Energy, Vistra, and EQT Corporation. The call also boosted Nvidia after Musk said SpaceX would build exclusively on its Vera Rubin architecture, and highlighted Echostar's 261.8 million share stake in SpaceX as a direct beneficiary.
VoIP-Pal Granted Leave to File Amended Antitrust Complaint Against AT&T, Verizon, and T-Mobile
VoIP-Pal.com Inc. has been granted leave by the United States District Court for the District of Columbia to file an amended complaint focusing on federal antitrust claims under the Sherman Act against AT&T, Verizon, and T-Mobile. The amended complaint, limited to 60 pages and due within 30 days, will detail allegations that the carriers and mobile platform providers excluded independent Wi-Fi calling providers from the market. VoIP-Pal will streamline the litigation by dropping several counts, including RICO claims, to concentrate on the Sherman Act claims that are central to all four pending actions. CEO Emil Malak stated the amended complaint will more clearly show how the defendants' conduct foreclosed competition and prevented VoIP-Pal from entering the market.
Shopify surges 26% premarket on earnings beat while AMD slides 8.8%
U.S. stock futures were broadly higher on Wednesday as Shopify jumped 26% in premarket trading after reporting second-quarter revenue of $3.58 billion, topping analysts' expectations of $3.45 billion, while Advanced Micro Devices fell 8.8% after its revenue outlook disappointed investors. Shopify's adjusted earnings per share of $0.42 also beat estimates, and gross merchandise volume rose 32% from a year earlier with free cash flow climbing to $654 million. AMD's decline was compounded by SpaceX announcing it would build its computing infrastructure exclusively with Nvidia chips, underscoring the challenges AMD faces in winning major AI customers. Among other movers, Eli Lilly gained 5.7% after raising its full-year revenue guidance, GE HealthCare advanced 12.3% on a second-quarter beat, and Disney rose 4.7% after a strong profit beat and plans to repurchase $9 billion of shares in fiscal 2026. On the downside, Pinterest fell 9% on a slower third-quarter revenue outlook, Match Group declined 10.2% after forecasting another drop in paying users, and wireless carriers Verizon and AT&T each fell more than 2% after SpaceX outlined plans for a nationwide mobile service that could compete directly with them.
Telecom stocks fall after SpaceX signals push into mobile service
U.S. wireless stocks tumbled Tuesday after SpaceX signaled plans to build a full-fledged mobile service, raising the prospect that Starlink could eventually compete directly with Verizon, AT&T and T-Mobile. SpaceX acquired 65 megahertz of wireless spectrum from EchoStar for a combined $19.6 billion across two deals announced last year, giving Starlink the airwaves needed to expand into mobile. SpaceX President Gwynne Shotwell said on a post-earnings call that the company plans to build the infrastructure to make Starlink a true mobile service and expects to pull quite a few customers away from the Big Three carriers. Shares of Verizon and AT&T fell more than 2% in premarket trading Wednesday, while T-Mobile slid 1.3%. The comments came alongside SpaceX's first earnings report as a public company, with second-quarter revenue totaling $7.8 billion, up 92% year-over-year, though capital expenditures surged to $18.4 billion from $2.8 billion a year earlier.
T-Mobile US raised its 2026 adjusted free cash flow guidance to a range of $18.4 billion to $18.8 billion, an increase of $200 million at the midpoint, reflecting lower expected cash income taxes. The company also reaffirmed its outlook for approximately $77 billion in service revenues and $37.1 billion to $37.5 billion in core adjusted EBITDA for the year. The guidance raise follows a second quarter marked by 13% year-over-year growth in postpaid service revenue, a 12% increase in core adjusted EBITDA, and a 2% rise in average revenue per account, with more than 60% of new account customers selecting premium plans. Management highlighted continued momentum in fixed wireless broadband and expansion through fiber joint ventures as additional growth drivers. The stock currently carries a Zacks Rank #3, or Hold, reflecting a balanced near-term investment outlook amid intense competition from Verizon and AT&T.
AST SpaceMobile Set to Report Q2 Earnings Amid Satellite Deployment Progress
AST SpaceMobile is scheduled to report second-quarter 2025 earnings on August 10, 2026, after market close, with consensus estimates pegging revenue at $34.13 million and a loss of 28 cents per share. The company successfully launched BlueBird satellites 8, 9 and 10 during the quarter and secured FCC approval to commercially offer its SpaceMobile Service across the United States, authorizing a constellation of up to 248 satellites in partnership with AT&T and Verizon. AST SpaceMobile targets roughly 45 satellites in orbit by the end of 2026 and has agreements with nearly 60 mobile network operators representing more than three billion subscribers. However, intensifying competition from SpaceX's Starlink, Globalstar and others, along with substantial capital requirements and unproven large-scale consumer adoption, remain key concerns. The stock carries a Zacks Rank #3 and an Earnings ESP of -1.56%, suggesting no clear earnings beat signal.
T-Mobile joins AT&T and Verizon in SIM-based authentication push to curb AI fraud
T-Mobile US has joined AT&T and Verizon in enabling a new SIM-anchored cryptographic authentication technology aimed at reducing AI-driven digital fraud. The joint rollout shifts verification closer to the mobile network level and away from traditional SMS-based methods, positioning carriers as more active participants in digital identity security for both consumers and enterprises. By backing a shared standard, T-Mobile aligns with peers rather than running a separate solution, which could ease adoption by large banks, fintechs, and digital platforms that would otherwise need carrier-specific integrations. The move supports the narrative that T-Mobile is using its network strength and digital platforms to deepen customer relationships, though it may limit differentiation from rivals. Investors may watch for enterprise adoption and any security-related revenue disclosures in future quarterly calls.
AT&T, Verizon, and T-Mobile jointly enable Glide.id cryptographic authentication at the carrier network level
AT&T, T-Mobile, and Verizon have jointly enabled Glide.id's cryptographic authentication technology at the carrier network level. The collaboration targets rising AI-driven fraud by shifting from SMS-based logins to SIM-anchored cryptographic authentication, supporting passwordless authentication across services that rely on mobile identity verification. This move places mobile identity security directly within the carrier networks and reflects how large telecoms are responding to AI-driven fraud and regulatory pressure around customer data protection. By moving cryptographic authentication into the carrier network, the three carriers aim to make SIM-based identity a default layer for banks, fintech apps, and consumer services that have relied on SMS one-time passwords. For AT&T, the initiative aligns with a focus on higher-value, stickier customer relationships and could help monetize its network in ways less sensitive to basic access pricing.
Seeking Alpha analysts weigh in on whether Verizon should pursue an M&A deal
Seeking Alpha analysts offered mixed views on whether Verizon should pursue an M&A deal following reports it could consider selling parts of its business. The Alpha Analyst argued Verizon would be better off renting its dense network to SpaceX through a wholesale agreement rather than selling its wireless business, noting that refusing access may push SpaceX to build its own network and erase Verizon’s advantage. Ragmar Rikberg opposed a major deal, citing Verizon’s increased debt load after its $9.6 billion acquisition of Frontier Communications and a lack of clear strategic fit, though smaller deals similar to Frontier could still make sense. Dividend Collection Agency suggested a partnership could be beneficial, especially since T-Mobile already has a deal with SpaceX’s Starlink, and an M&A deal might unlock shareholder value under the new CEO.
AST SpaceMobile Sets August 5 Launch for Next Three BlueBird Satellites
AST SpaceMobile has scheduled August 5 as the launch date for its next three BlueBird satellites, using a SpaceX Falcon 9 rocket. The company currently has nine satellites in orbit and aims to deploy 45 to 60 of its large, unfolding BlueBird satellites to provide continuous coverage in high-priority markets. This launch follows a successful June 17 deployment of three satellites and comes after the loss of BlueBird 7 in April due to an orbit insertion error by Blue Origin. AST SpaceMobile sells satellite connectivity to mobile network operators like AT&T and Verizon, splitting revenue evenly, rather than offering direct-to-consumer broadband like SpaceX's Starlink. With shares down 56.4% from their highs, the company faces pressure to execute its deployment plans without further delays.
Verizon offers NFL Sunday Ticket from YouTube on us with select mobile and home internet plans
Verizon is offering NFL Sunday Ticket from YouTube on us with select mobile and home internet plans for the 2026 NFL season, representing savings of up to $480. Customers can get the offer from today through September 2 by purchasing an eligible 5G phone and activating a new smartphone line on an Unlimited Ultimate or Unlimited Plus plan, switching an existing line to those plans after buying an eligible 5G phone, or switching home internet to Fios Home Internet 100% fiber optic or select premium Verizon Home Internet options including 5G Home Ultimate or Verizon Home Internet Lite Extra. The offer also applies when switching to a premium Frontier Fiber internet tier. Existing Verizon Home Internet customers and new and existing Simplicity customers can get a standalone NFL Sunday Ticket subscription for $234, or the NFL Sunday Ticket plus NFL RedZone streaming bundle for $276. Verizon is also launching Verizon Shine, part of a new loyalty program, offering weekly chances to win experiences such as a five-day trip to see the Pittsburgh Steelers play the New Orleans Saints in the first NFL game in Paris.
Verizon trades at steep discount to peers after earnings beat but rising debt raises value-trap fears
Verizon Communications posted a quarterly profit beat and raised full-year guidance for the second straight quarter, yet the stock still trades below 9.5 times forward earnings versus roughly 13 times for its peer group. Adjusted EBITDA hit a record, up 7.2%, with margins above 40%, and management now guides to 6–7% EPS growth and 9–10% free cash flow growth. The dividend, yielding about 6%, is covered by a payout ratio under half of free cash flow, and buybacks are accelerating. However, total revenue fell on weak equipment sales, net debt jumped nearly 20% year over year, and the balance-sheet strain limits re-rating potential until debt trends lower.
Verizon Posts Best Postpaid Phone Additions in Five Years, Raises Guidance
Verizon Communications reported its best quarter for postpaid phone additions in five years, adding 184,000 subscriptions, as its customer-focused strategy continues to reduce churn and attract new subscribers. The company also added 348,000 broadband net additions, including 193,000 fixed wireless and 155,000 fiber households, while consumer postpaid churn improved to 84 basis points. Overall revenue fell 0.7% to $34.3 billion due to a 20% decline in equipment revenue, but service revenue rose 3.5% to $29.2 billion, and adjusted earnings per share jumped 6.6% to $1.30. Verizon raised its full-year mobility and broadband service revenue growth outlook to 2.5% to 3% and lifted adjusted EPS guidance to a range of $4.99 to $5.04. The company also announced a $1 billion deal with Alphabet to provide dark fiber for data center connectivity, signaling potential for more such agreements.
T-Mobile US faces nationwide outage affecting customers and network partners
T-Mobile US experienced a major nationwide outage that disrupted mobile service for thousands of customers and affected providers that rely on its network, including Mint Mobile and Boost Mobile. The incident comes at a sensitive time as investors are already focused on execution following mixed sentiment around the company's second-quarter 2026 results and guidance, as well as a multi-billion-dollar buyback program. The outage may raise questions about network reliability, a key factor in how investors compare T-Mobile with Verizon and AT&T, and could influence perceptions of customer churn and future capital needs for network hardening. Management's communication and remediation speed will be closely watched to determine whether this is seen as a one-off technical issue or part of a broader pattern.
Costco, Verizon, and Kroger rise as investors rotate from chip stocks into defensive dividend plays
Shares of Costco Wholesale, Verizon, and Kroger each gained roughly 2% on Tuesday as traders sold volatile semiconductor stocks and sought stability in defensive dividend payers. The rotation comes amid intensifying competition from Chinese chipmakers and growing doubts that AI spending will deliver promised returns, punishing companies like Alphabet for rising capital expenditures and threatening once-dominant tech leaders such as ASML Holding. Costco is up 13% in 2026, Verizon has gained 19% with free cash flow up 16% in the first half of the year, and Kroger is down 6% year-to-date, trading at about 11 times forward earnings as it cuts prices to attract at-home diners.
Verizon and T-Mobile diverge on AI infrastructure versus subscriber growth strategies
Verizon and T-Mobile reported second-quarter 2026 results that highlight diverging strategies as the telecom industry shifts from 5G buildout to monetization. Verizon added 184,000 postpaid phone subscribers and 348,000 broadband net additions, with mobility and broadband service revenue rising 2.8% year over year to $23.4 billion, and it raised its full-year adjusted earnings outlook. The company also announced a more than $1 billion agreement with Google to provide dark-fiber connectivity for AI data centers and said additional AI deals could generate billions of dollars in revenue over the next several years. T-Mobile's revenue rose 7.9% year over year to $22.79 billion, supported by a 13% increase in postpaid service revenue, and it added 277,000 postpaid net accounts while average monthly postpaid revenue per account increased 2% to $152.91. T-Mobile reiterated its full-year subscriber and profitability guidance and raised its operating-cash-flow and adjusted-free-cash-flow outlook. Verizon trades at a forward price-to-earnings ratio of 8.83 times with a 6.26% dividend yield and $165.2 billion in total debt, while T-Mobile trades at 16.26 times with a 2.28% yield and $84.6 billion in total debt.
Verizon Expands AI Infrastructure Strategy with Dark Fiber Deal and Enterprise Joint Venture
Verizon is expanding its AI infrastructure strategy through a dark fiber agreement with Google and participation in Anthropic's Project Glasswing, with management expecting additional AI infrastructure agreements that could begin contributing to revenue growth in 2027. The company is also forming a planned joint venture with BT Group to strengthen international enterprise connectivity by combining complementary wireline assets. Verizon continues to combine wireless, fiber broadband, and fixed wireless access into integrated offerings such as Verizon One, believing converged customers exhibit lower churn and stronger lifetime value. The company carries a Zacks Rank #3 (Hold) with a Value Score of A, Momentum Score of A, and VGM Score of A, while its Growth Score of C suggests a measured growth profile as these longer-term initiatives mature.
Verizon Raises 2026 Financial Outlook on Stronger Profitability and Subscriber Trends
Verizon Communications raised its 2026 financial outlook after reporting stronger profitability, improving subscriber trends, and higher cash generation. The company reported second-quarter adjusted EPS growth, record adjusted EBITDA, and higher free cash flow, supported by stronger postpaid phone additions and broadband growth. Based on this performance, Verizon raised its outlook for adjusted EPS, free cash flow, and mobility and broadband service revenues for 2026. Management also expanded its share repurchase plans, signaling confidence in future cash flows. The updated outlook reflects improving execution across its wireless and broadband businesses, though competitive pricing, ongoing leverage, and the capital required to sustain network leadership remain key considerations.
Verizon Builds Momentum Through 5G and Fiber Growth
Verizon Communications is strengthening its long-term investment story through improving subscriber trends, broadband expansion, disciplined execution, and new enterprise initiatives. The company posted stronger postpaid phone additions while reducing churn, and introduced Simplicity wireless plans, Verizon One, and an expanded loyalty program. Broadband growth remains a major contributor as Verizon expands fixed wireless access and integrates Frontier's fiber assets, while a larger fiber footprint increases addressable markets and supports cross-selling opportunities. Disciplined execution helped Verizon deliver record adjusted EBITDA, higher adjusted EPS, and stronger free cash flow, prompting management to raise its financial outlook for mobility and broadband service revenues, adjusted EPS, and free cash flow. Beyond consumer wireless, Verizon is expanding into AI infrastructure through a dark fiber connectivity agreement with Google and plans a joint venture with BT Group to strengthen international enterprise connectivity.
Verizon raises full-year profit outlook, announces major deal with Google worth over $1 billion
US telecom giant Verizon has raised its full-year 2026 adjusted earnings per share guidance to between $4.99 and $5.04, and announced a deal with Google worth over $1 billion. Second-quarter adjusted earnings per share came in at $1.30, beating market expectations, helped by cost management and reduced device subsidy spending. Revenue was $34.3 billion, falling short of estimates, but monthly postpaid phone net additions were 184,000, far exceeding analyst forecasts. Amid the expansion of AI infrastructure, telecom operators are increasingly monetizing their fiber optic networks.
Four of six communication stocks beat EPS estimates this week
Four of the six communication services companies reporting earnings this week beat earnings-per-share estimates, while one matched and one missed. Alphabet posted adjusted EPS of $9.11 on revenue of $119.8B, beating estimates by $6.20 and $2.82B respectively, though its stock slipped after raising 2026 capital spending guidance to $195B-$205B. Comcast beat on both earnings and revenue with adjusted EPS of $1.04 and revenue of $29.94B, while AT&T exceeded earnings expectations with adjusted EPS of $0.65 on revenue of $31.56B and announced plans to accelerate its $10B share buyback program. IBM matched estimates with adjusted EPS of $2.93 but missed on revenue at $17.16B, and Verizon beat earnings with adjusted EPS of $1.28 on revenue of $34.44B while raising full-year guidance. Charter Communications was the sole earnings miss, reporting adjusted EPS of $9.17 on revenue of $13.60B amid broadband competition.