Verizon Stock News

PARIS (Reuters) Verizon Chief Revenue Officer Frank Boulben has written to the board of Orange withdrawing from the race to head the French telecom firm, Le Figaro reported on Saturday.

The Vergecast covers Microsoft acquiring Activision Blizzard for $68.7 billion, Google building an AR headset, the battle between the FAA, AT&T, Verizon, and airlines over 5G, and the antitrust bills in Congress this week.

Major US airlines reported few flight disruptions after AT&T and Verizon agreed to limit their 5G launch near major airports.

Kyocera’s latest rugged phone for Verizon is the mid-range DuraSport 5G UW. It’s a tough phone with good warranty and software support, but you pay a hefty premium for its tough exterior.

Leon Black Accuses Apollo Co-Founder Harris Of Orchestrating Smear Campaign Against Him The legal drama surrounding Apollo founder and longtime CEO Leon Black (who abruptly left the firm last year following accusations of abuse levied in the courts by an ex-girlfriend) is reaching absurd new dimensions as Black and his legal team have come forward with a bombshell allegation: In a recent court filing, Black alleged that his former business partner, Apollo co-founder and fellow billionaire Josh Harris, has been pulling strings in the shadows to orchestrate Black''s undoing, and the character assassination that has seen Black''s name dragged through the mud, forcing him out of roles like his chairmanship of the Museum of Modern Art. Bloomberg private equity reporter Heather Perlberg expounded on these latest developments in a story published Thursday which was based mostly on court filings from Black''s legal team (the billionaire is fighting a civil lawsuit filed by an ex-girlfriend and longtime mistress who has accused him of sexually abusing her) .

There were concerns some altimeters might not properly filter 5G signals. | Photo by Nicolas Economou/NurPhoto via Getty Images The FAA has announced that an estimated 78 percent of the U.S. commercial fleet have been cleared to land at airports with 5G C-band, even under low-visibility conditions. The agencys statement comes after a week of controversy surrounding the rollout of AT&T and Verizons upgraded cellular tech, which saw US airlines warning of catastrophic disruption to travel and shipping and some international airlines announcing theyd halt flights to some US airports . At issue are concerns that some radio altimeters wont properly ignore signals from the new 5G transmitters. While there are precautions that should keep this from happening, including creating buffer zones around airports , an incorrect altimeter reading could cause real problems Continue reading

Airlines including Emirates and Air India canceled flights over 5G safety concerns, though Verizon and AT&T later delayed the rollout near airports.

5G Network Deployment In The US Spawns Cluster Of Disruption Authored by Jon Ostrower via theaircurrent.com (emphasis ours), Something is going on with Runway 10L at Palm Beach International Airport in Florida. Last week, a Bombardier-built CRJ200 regional jet on final approach had the strangest thing happen. The aircrafts radar altitude abruptly ran down to zero, causing repeated loud aural warnings: PULL UP WHOOP WHOOP DONT SINK TOO LOW GEAR . The flight landed without incident in good weather, but it wasnt the first time. Exact same location multiple times the past two weeks, the pilot, who was on the flight deck for both anomalies, told The Air Current . The incidents were reported to the Federal Aviation Administration. Its not known definitively if the radar altimeter behavior was related to pre-deployment testing of 5G telecommunication technologies , but the unexplained incident underscored the fears of aviators, as well as the confusion and increasing disruption that is now befalling U.S. commercial aviation.

The biggest upgrades to wireless phone service are likely to occur over the next few years. For now, T-Mobile US has the biggest network offering 5G.

Verizon today flipped the switch and turned on its mid-band 5G network, delivering significantly faster speeds with improved coverage compared to the spotty 5G Ultra Wideband deployment that existed previously.

AT&T is launching its expanded 5G service in eight metro areas. | Photo by Justin Sullivan / Getty Images AT&T is lighting up its expanded 5G service in just eight metro areas in the US on Wednesday, including Austin, Dallas-Fort Worth, Houston, Chicago, Detroit, Jacksonville, Orlando, and South Florida ( PDF ). This comes after both AT&T and Verizon voluntarily limited the activation of C-band spectrum around airports after facing mounting pressure from airlines. Todays introduction begins in limited parts of 8 metro areas across the U.S. It will expand rapidly as our thoughtful and efficient deployment ramps up throughout the year, Chris Sambar, AT&Ts executive vice president of technology operations, explains in the post announcing the expansion. With 17 C-Band-capable devices already available online and in our stores, you can start Continue reading

Following is the unofficial transcript of a CNBC exclusive interview with Verizon Communications Inc. (NYSE:VZ) CEO Hans Vestberg on CNBCs Squawk Box (M-F, 6AM-9AM ET) today, Wednesday, January 19. Following is a link to video on CNBC.com: Q4 2021 hedge fund letters, conferences and more Verizon CEO Hans Vestberg Breaks Down Major Launch Of 5G []

Several international airlines have announced that theyre suspending flights to certain US destinations in light of the scheduled C-band 5G rollout.

Airlines have been pushing back against AT&T and Verizon''s plans to launch 5G service near airports.

AT&T and Verizon said Tuesday they would change their planned rollout of 5G service to avoid airports after US airline CEOs warned the deployment could have catastrophic consequences.