We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon
Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Verizon also announced that its review of Oath segment resulted in unfavorable adjustments to the unit’s financial projections. The company sees a non-cash goodwill impairment charge of about $4.6 billion, or $4.5 billion after tax in the fourth quarter of 2018. Oath’s good will balance was about $4.8 billion before the impairment charge.
Verizon will complete an internal reorganization of legal entities this month related to its wireless business. The company expects to recognize a non-recurring deferred tax benefit of about $2.1 billion in the fourth quarter that will cut its deferred tax liability by the same amount....
This is Verizon's first 5G smartphone cnet.com As it turns out, the 5G Moto Mod will make the Moto Z3 the inaugural phone once Verizon turns on its mobile 5G service. A Samsung smartphone teased by Verizon and Qualcomm at the Snapdragon Tech Summit last month will be the second device. And while AT&T and Sprint have both said they will carry the Samsung phone too, Vestberg reaffirmed that it has an exclusive deal. That indicates the Samsung phone will likely come to Verizon first for an exclusive period before moving on to the other carriers.