Verizon isn’t a stock that I’d buy today simply because it has underperformed in what’s been a very bullish year for the markets, and the results could be even less impressive if the economy begins to struggle. However, for investors who value dividends, stability, and less volatility, Verizon could be a good long-term buy.
Moreover, should you buy Verizon stock or spy?
Follow Reinhardt Krause on Twitter @reinhardtk_tech for updates on 5G wireless, artificial intelligence, cybersecurity and cloud computing .
This begs the question “Is it time to buy Verizon stock in 2021?”
An answer is that A look at where Verizon is today and its prospects can perhaps help answer that question.
Another frequently asked question is “Should you buy Verizon Communications (vz) stock for an inline return?”.
Zacks’ proprietary data indicates that Verizon Communications Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the VZ shares relative to the market in the next few months.
At Goldman Sachs’ Communacopia Conference in September, Verizon Chief Executive Hans Vestberg talked about five vectors of growth. For Verizon stock, one problem is that 5G wireless competition is expected to intensify. Cable TV firms are ramping up new promotions with aggressive pricing .
Does verizon now own tracfone?
NEW YORK – Verizon (NYSE: VZ) – Today Verizon Communications (NYSE, Nasdaq: VZ) announced that it has completed its previously announced acquisition of Trac. Fone Wireless, Inc. and Trac. Fone’s family of brands, bringing the leading premium and value wireless brands together on the leading wireless network.
Remember, Obama’s administration shot down the Sprint/T-Mobile merger in 2014 and then Trump’s government approved it in 2019. Of Tracfone’s 21 million customers, 13 million are on Verizon’s network. The other 8 million will probably have to transition to Verizon’s network after the merger, which means getting new SIM cards and maybe new phones.
Why did Verizon-owned TracFone customers get their numbers transferred to another carrier?
Customers of Verizon-owned Trac. Fone saw their numbers transferred to different carriers without their consent in recent weeks, as part of what the company characterized as the work of external attackers, according to a notice on its website (via the Wall Street Journal ). Its Straight Talk and Total Wireless brands were affected as well.
Collectively, the brands account for roughly 21 million prepaid wireless subscribers. In September of 2020, Verizon Wireless agreed to acquire Tracfone and all of its associated brands from América Móvil.
How does Verizon edge financing work?
On Verizon EDGE, you pay the sales tax on the phone when you first get the device and then finance the retail sales price over 24 monthly payments . This means at the end of two years, your phone is completely paid off. You do have the option of paying a down payment on the device when you first purchase it. This will lower your monthly payment.
What is the Verizon edge early upgrade plan?
A guide to Verizon’s early upgrading plan . Verizon Edge was once an equipment payment plan that allowed Big Red customers to spread payments for a new tablet or cellphone over the course of 24 months, with the option to trade in their device early and upgrade to a hotter handset.
Verizon Edge is a financing option for new devices offered by Verizon for their customers. At the core, it is a means of helping customers upgrade their devices without having to wait for an upgrade. At the moment, the Verizon Edge program offers you the opportunity to upgrade your device in as little as 30 days from starting your service.
What is Verizon 5G edge and how does it work?
Verizon 5G Edge is a mobile edge computing platform available for businesses. It was designed to enable developers to build applications for mobile end-users and wireless edge devices with ultralow latency. Why is Verizon 5G Edge important?
What is edge computing in mobile networks?
Mobile edge computing provides both an IT service environment and cloud-computing capabilities at the mobile edge of the network, within the radio access network (RAN) and in close proximity to mobile subscribers, enterprises and other organizations.