#Verizon confirms issues impacted customer phone calls

#Verizon confirms issues impacted customer phone calls

“Verizon confirms issues impacted customer phone calls” Verizon confirmed “intermittent issues” were affecting its network on Friday after New York residents and other East Coast customers noted they were having trouble making or receiving phone calls. DownDetector, a site that tracks outages, noted a spike in reports beginning around 1 p.m. ET. An outage map…

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#Airline industry demanding FCC delay of 5G rollout

#Airline industry demanding FCC delay of 5G rollout

“#Airline industry demanding FCC delay of 5G rollout” Airlines are demanding the Federal Communications Commission delay a scheduled rollout of new 5G wireless service near dozens of major airports, saying it could pose a safety risk by interfering with electronics that pilots rely on. Airlines for America, a trade group representing large U.S. passenger and…

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#Private equity firm Apollo acquires Verizon media group for B

#Private equity firm Apollo acquires Verizon media group for $5B

“#Private equity firm Apollo acquires Verizon media group for $5B” Private equity firm Apollo Global Management has acquired Verizon’s media group for $5 billion, the two companies announced Monday.  Verizon Media, which includes properties from the former internet empires of AOL and Yahoo, will be rebranded as “Yahoo,” the announcement said. Verizon said it will…

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#Warren Buffett reveals big stakes in Verizon, Chevron

#Warren Buffett reveals big stakes in Verizon, Chevron

“#Warren Buffett reveals big stakes in Verizon, Chevron” Warren Buffett’s Berkshire Hathaway on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications and a $4.1 billion stake in oil company Chevron. The investments were disclosed in a regulatory filing detailing Berkshire’s U.S.-listed stock holdings as of Dec….

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#Verizon takes fourth quarter hit from sale of HuffPost

#Verizon takes fourth quarter hit from sale of HuffPost

“#Verizon takes fourth quarter hit from sale of HuffPost” Verizon said Tuesday that its fourth-quarter profit and sales slipped due to higher costs and a $119 million charge related to the sale of news and opinion site HuffPost. However, the largest US cellphone carrier predicted a more upbeat view in 2021 driven by wireless service…

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