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BUSINESS
June 28, 2001 | Reuters
Verizon Wireless, facing the loss of $8.8 billion worth of licenses to deploy new and expanded service, has held preliminary talks with NextWave Telecom Inc. on a possible settlement that would allow Verizon to retain the licenses, an industry source said. A U.S. appeals court ruled last week that the Federal Communications Commission illegally repossessed 90 licenses from NextWave after the company failed to make timely payments.
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BUSINESS
July 26, 2001 | JUBE SHIVER Jr., TIMES STAFF WRITER
Seeking to end a costly dispute over wireless licenses, Verizon Wireless and four other winning bidders in a January airwave auction urged the government Wednesday to pay as much as $5 billion to a disgruntled bidder so that the remaining firms can keep their airwaves. The five companies, whose bids raised $17 billion for the government, made the proposal in a letter to the Federal Communications Commission, the Justice Department and the Office of Management and Budget.
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BUSINESS
September 19, 2000 | Bloomberg News
Verizon Communications, the No. 1 U.S. local-telephone company, said its Verizon Wireless unit will invest more than $550 million next year in its Southern California digital and analog networks. The so-called dual-mode networks cover Los Angeles, Orange, Riverside, San Bernardino and Ventura counties. Shares of New York-based Verizon Communications fell $1.13 to close at $43.38 on the NYSE.
BUSINESS
June 28, 2001 | Reuters
Verizon Wireless, facing the loss of $8.8 billion worth of licenses to deploy new and expanded service, has held preliminary talks with NextWave Telecom Inc. on a possible settlement that would allow Verizon to retain the licenses, an industry source said. A U.S. appeals court ruled last week that the Federal Communications Commission illegally repossessed 90 licenses from NextWave after the company failed to make timely payments.
BUSINESS
July 26, 2001 | JUBE SHIVER Jr., TIMES STAFF WRITER
Seeking to end a costly dispute over wireless licenses, Verizon Wireless and four other winning bidders in a January airwave auction urged the government Wednesday to pay as much as $5 billion to a disgruntled bidder so that the remaining firms can keep their airwaves. The five companies, whose bids raised $17 billion for the government, made the proposal in a letter to the Federal Communications Commission, the Justice Department and the Office of Management and Budget.
BUSINESS
March 20, 2001 | From Times Wire Services
Lucent Technologies Inc. on Monday won a $5-billion contract from Verizon Wireless, the largest U.S. mobile-phone company, for gear that will increase the capacity of Verizon's wireless network. News of Lucent's biggest wireless contract helped boost its depressed shares 20%.
CALIFORNIA | LOCAL
October 25, 2000 | Sean Kirwan, (714) 966-5642
At its meeting Monday, the Planning Commission approved a petition from Verizon Wireless to attach 12 antennas and a microwave dish to an existing Southern California Edison transmission tower. The tower is between Olympiad Road and Stonegate in a designated recreation zone.
CALIFORNIA | LOCAL
April 22, 2000 | RANDY LEWIS, TIMES STAFF WRITER
Concerts in the meadows will give way to music in the Verizon as Irvine Meadows Amphitheatre, the county's only major outdoor rock-pop concert venue, gets a new name: Verizon Wireless Amphitheater. The new moniker will be evident to roughly 30,000 Jimmy Buffett fans who turn out for his two Irvine shows next week, an amphitheater official said Friday.
BUSINESS
July 11, 2013 | By Paresh Dave
Two in five smartphones sold in the U.S. this spring were iPhones. But that may not be good enough for Verizon Wireless. The company must sell $23.5 billion worth of iPhones this year to meet a  commitment it made to Apple Inc. in 2010, according to an investment research firm's analysis of SEC filings.  PHOTOS: Top smartphones of 2013 Because of slower-than-expected sales, Verizon now must double its iPhone sales of last year....
BUSINESS
August 9, 2000 | JESSICA HALL, REUTERS
Verizon Communications on Tuesday posted higher, but disappointing, second-quarter profit and cut its growth outlook for 2000, sending its stock down 11%. Verizon, which issued its warning amid a potentially crippling three-day strike by 87,000 of its union workers, also said it would merge its high-speed Internet access business with NorthPoint Communications Group Inc. and acquire a 55% stake in the company for $800 billion. Shares of Verizon slid to an intra-day- and 52-week-low of $41.
BUSINESS
March 20, 2001 | From Times Wire Services
Lucent Technologies Inc. on Monday won a $5-billion contract from Verizon Wireless, the largest U.S. mobile-phone company, for gear that will increase the capacity of Verizon's wireless network. News of Lucent's biggest wireless contract helped boost its depressed shares 20%.
CALIFORNIA | LOCAL
October 25, 2000 | Sean Kirwan, (714) 966-5642
At its meeting Monday, the Planning Commission approved a petition from Verizon Wireless to attach 12 antennas and a microwave dish to an existing Southern California Edison transmission tower. The tower is between Olympiad Road and Stonegate in a designated recreation zone.
BUSINESS
September 19, 2000 | Bloomberg News
Verizon Communications, the No. 1 U.S. local-telephone company, said its Verizon Wireless unit will invest more than $550 million next year in its Southern California digital and analog networks. The so-called dual-mode networks cover Los Angeles, Orange, Riverside, San Bernardino and Ventura counties. Shares of New York-based Verizon Communications fell $1.13 to close at $43.38 on the NYSE.
CALIFORNIA | LOCAL
April 22, 2000 | RANDY LEWIS, TIMES STAFF WRITER
Concerts in the meadows will give way to music in the Verizon as Irvine Meadows Amphitheatre, the county's only major outdoor rock-pop concert venue, gets a new name: Verizon Wireless Amphitheater. The new moniker will be evident to roughly 30,000 Jimmy Buffett fans who turn out for his two Irvine shows next week, an amphitheater official said Friday.
BUSINESS
September 20, 2001 | ELIZABETH DOUGLASS, TIMES STAFF WRITER
Wall Street bid up shares in mobile phone providers Wednesday in anticipation of increased cell phone sales and subscriptions because of last week's terrorist attacks. Wireless phone companies AT&T Wireless Services Inc., Sprint PCS Group and Nextel Communications Inc.--three of the nation's largest carriers--saw their shares close up 3% to 7% on Wednesday. Sprint PCS rose 90 cents to $24.78, AT&T Wireless jumped $1.
BUSINESS
July 31, 2007 | From Times Wire Services
Verizon Communications Inc. reported second-quarter earnings Monday that satisfied analyst expectations and said its wireless arm would buy a rural cellphone carrier to expand its reach. Investors found reasons to dislike the news, and shares of the country's second-largest telecommunications company dropped 49 cents, or 1.2%, to $41.51, even as the broader market rebounded from last week's losses. Verizon Wireless said it had agreed to buy Rural Cellular Corp.
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