Verizon Stock News

AT&T, Verizon Reject Biden Admin''s Request To Delay 5G Launch Due To Flight Safety Concerns Update (1320ET): In a shocking turn of events in this age of ''obey or be canceled'' culture, AT&T and Verizon have rebuffed a request from federal transportation officials to delay the launch of new 5G wireless services. Your proposed framework asks that we agree to transfer oversight of our companies multi-billion dollar investment in 50 unnamed metropolitan areas representing the lions share of the U.S. population to the FAA for an undetermined number of months or years, Verizon Chief Executive Officer Hans Vestberg and AT&Ts John Stankey wrote. Even worse, the proposal is directed to only two companies. The wireless executives said agreeing to the proposal would be an irresponsible abdication of the operating control required to deploy world-class and globally competitive communications networks. The wireless executives said they are committed to continue cooperation with transportation interests on the condition that the FAA and the aviation industry are committed to doing the same without escalating their grievances, unfounded as they are, in other venues. Instead they offered a counter-proposal that would allow limited deployments to move forward this week .

Everett Harris & Co. CA grew its position in Verizon Communications Inc. (NYSE:VZ) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 462,746 shares of the cell phone carriers stock after purchasing an additional 19,529 shares during the period. []

Alphastar Capital Management LLC boosted its position in shares of Verizon Communications Inc. (NYSE:VZ) by 58.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 52,304 shares of the cell phone carriers stock after acquiring an additional 19,269 shares during the quarter. Alphastar Capital Management LLCs holdings in Verizon Communications were worth $2,796,000 at the []

GW Henssler & Associates Ltd. boosted its position in shares of Verizon Communications Inc. (NYSE:VZ) by 12.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 527,196 shares of the cell phone carriers stock after purchasing an additional 56,993 shares during the []

Heathbridge Capital Management Ltd. decreased its holdings in Verizon Communications Inc. (NYSE:VZ) by 1.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 535,775 shares of the cell phone carriers stock after selling 9,050 shares during the quarter. Verizon Communications accounts for 8.7% of Heathbridge Capital Management Ltd.s portfolio, making the stock its 3rd []

FAA Issues Expanded Safety Warning About 5G Rollout Over "Numerous" Safety Concerns Here''s a headline that''s sure to get the conspiracy theorists going: the FAA has just issued an expanded safety warning about the possibility that Verzion and AT&T''s imminent decision to turn on more 5G wireless spectrum could interfere with airplane communications as the battle to slow the rollout intensifies. It comes as the transition to 5G spectrum for smartphone users, who have become ubiquitous, continues. Verizon and AT&T have already delayed the rollout of new C-band spectrum after being asked by the FAA, but they''re growing impatient and worried about falling behind Europe and (more importantly) China. The FCC has approved of turning on the spectrum, but some within the FAA still feel it could potentially interfere with plane''s altimeters, a prospect that should terrify anybody who flies. Unfortunately, it doesn''t look like there''s an easy answer here. Because in its latest statement, the FAA said the 5G rollout currently being planned could threaten "numerous" safety systems used by planes, not just the altimeters.

Burleson & Company LLC trimmed its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 7.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,737 shares of the cell phone carriers stock after selling 3,369 shares during the quarter. Burleson & Company LLCs holdings []

The post Aviation Concerns About 5G Will Take Years To Resolve appeared on BitcoinEthereumNews.com . Enjoy Christmas travel now, but get ready for flight diversions and cancellations after the holidays. In preparation for the rollout of 5G wireless services by AT&T, Verizon, and T-Mobile on…

Verizon and AT&T are scheduled to start using the spectrum for 5G on Jan. 5.

Asset Management One Co. Ltd. reduced its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 1.5% during the third quarter, Holdings Channel reports. The fund owned 2,327,193 shares of the cell phone carriers stock after selling 35,159 shares during the period. Asset Management One Co. Ltd.s holdings in Verizon Communications were worth $125,693,000 at []

Grand Central Investment Group trimmed its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 15.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,575 shares of the cell phone carriers stock after selling 3,369 shares during the quarter. []

Valeo Financial Advisors LLC boosted its stake in Verizon Communications Inc. (NYSE:VZ) by 5.3% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 117,158 shares of the cell phone carriers stock after buying an additional 5,924 shares during the quarter. Valeo Financial Advisors LLCs []

Saybrook Capital NC lowered its holdings in Verizon Communications Inc. (NYSE:VZ) by 3.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 225,253 shares of the cell phone carriers stock after selling 8,906 shares during the period. Verizon Communications makes up about 3.4% of []

Capital Square LLC increased its position in Verizon Communications Inc. (NYSE:VZ) by 13.1% during the third quarter, Holdings Channel.com reports. The firm owned 25,774 shares of the cell phone carriers stock after buying an additional 2,992 shares during the quarter. Capital Square LLCs holdings in Verizon Communications were worth $1,399,000 as of its most recent []