You can probably forget about a Verizon deal to buy Charter Communications for at least a year as a result of a wireless services agreement the cable company forged with Comcast, to be formally announced on Monday. The No. 1 and 2 cable providers will share information about wireless phone services each … Read entire story.
Source: Deadline
Verizon shares are down about 2% in premarket trading after the telco’s Q1 earnings report showed surprisingly few wireless consumers were turned on by the recent revival, after five years, of its unlimited data offering. Analysts expected retail postpaid connections to grow. Instead they fell by 307,000 in the quarter … Read entire story.
Source: Deadline
Yahoo CEO Marissa Mayer won’t hang around to run the investment fund, Altaba, that will be left over after the company sells its media assets to Verizon, the company says in a preliminary proxy filed today at the SEC. Thomas McInerney, a board member and former CFO of IAC/… Read entire story.
Source: Deadline
The hacks that hit Yahoo in 2014 cost CEO Marissa Mayer a lot of cash, and General Counsel Ronald Bell his job, the company reported today in its annual report to the SEC. The board’s Independent Committee investigating the hack — which took place while Mayer was CEO — decided … Read entire story.
Source: Deadline
Will the nation’s No. 1 wireless provider merge with the No. 2 cable provider? Verizon’s interested, The Wall Street Journal reports this morning — which sent Charter Communications shares up more than 6.0% in early trading. The news comes as Comcast says that it plans to launch its own wireless … Read entire story.
Source: Deadline