Standard & Poor’s lowered the credit ratings for AT&T and Verizon Communications on Monday, saying that increased competition will make it harder for the two largest phone companies to pay down their long-term debt.
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Standard & Poor’s lowered the credit ratings for AT&T and Verizon Communications on Monday, saying that increased competition will make it harder for the two largest phone companies to pay down their long-term debt.
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Verizon was today fined a record $25 million by the Federal Communications Commission and agreed to refund an additional $52.8 million to customers to settle allegations that the largest U.S. mobile-phone company overcharged cu…
Verizon Communications said that CFO John F. Killian will retire near the end of this year. No successor was named.
Continue reading Verizon CFO John Killian to Retire at End of This Year
Verizon…