July 26, 2016 BY Valentina Kirilova

Verizon Communications report strong profitability in 2Q 2016

After the news that Verizon Communications Inc. (NYSE, Nasdaq: VZ) bought online pioneer Yahoo (NASDAQ: YHOO), the telecoms giant has reported second-quarter earnings reflecting strong profitability and customer retention at Verizon Wireless, a repositioning of the wireline network footprint and cost structure, and scaling of new growth markets in mobile video and the Internet of Things…

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