Verizon 4Q15 Earnings Call Notes

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Francis Shammo Committed to returning to credit profile in 2018-19 “We remain committed to returning to our pre-Vodafone transaction credit rating profile in the 2018 to 2019 time frame, so overall, a strong, balanced 2015 which provides operating momentum and … Continued

Verizon at UBS Conference Notes

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Verizon Communications (VZ) Presents at UBS Global Media and Communications Brokers Conference Fran Shammo Promotional activity is a little less than we saw a year ago “I think the promotional activity this fourth quarter is probably I would rate it … Continued

Verizon 3Q15 Earnings Call Notes

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Churn at 0.93% “Postpaid net adds totaled 1.3 million, which does not include any wholesale or Internet of things connections. Net phone add additions were 430,000. Customer retention was also a highlight with postpaid churn of 0.93%, down 7 basis … Continued

Verizon 2Q15 Earnings Call Notes

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IoT revenue at $165m for quarter ” new revenue streams from the Internet of Things and telematics continue to emerge and grow. These revenues totaled approximately $165 million in the quarter and about $320 million year-to-date.’ Installment plans are 49% … Continued

Verizon 1Q15 Earnings Call Notes

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Launching direct to consumer aftermarket auto product “innovation within the transportation industry presents a great opportunity for us. Through Verizon telematics we are already providing a platform of manufacturer, aftermarket and fleet services through two-way broadband connectivity to vehicle. Additionally, … Continued

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