Verizon will reduce its headcount by close to 5,000 people while taking a charge of close to $2 billion during Q3.

Verizon Communications Inc., in a push to expand its broadband business, agrees to buy rival Frontier Communications Parent ...

B severance charge in Q3 due to voluntary separation program. Plans to downsize employees and discontinue assets/businesses.

T-Mobile has outperformed peer Verizon on all fronts. Read more to see what makes TMUS stock a standout in the telecom sector ...

Verizon Communications Inc. agreed to buy rival telecommunications operator Frontier Communications Parent Inc. for about ...

Over half of the employees concerned will exit in September and the rest by the end of March, according to the statement.

Frontier currently serves 2.2 million fiber Internet subscribers across 25 states. Once the deal is finalized, they will join ...

The layoffs at Verizon reflect a broader trend in the telecommunications industry, where companies are frequently ...

Verizon Communications Inc. is in advanced talks to acquire rival telecommunications operator Frontier Communications Parent ...

Verizon Communications Inc., the largest US phone company, agreed to buy rival telecommunications operator Frontier ...

Frontier has a market capitalization of about $10 billion with its stock trading at about $39 a share after market hours ...

In July, for example, T-Mobile US Inc. said it would invest $4.9 billion in a joint venture with private equity firm KKR & Co. to buy fiber-optic internet service provider Metronet. Sowmyanarayan ...