verizon communications

Verizon Communications, the largest U.S. cell phone carrier, is suing to overturn new government regulations governing the flow of Internet traffic.

Phone company Verizon Communications Inc. on Thursday said it is hiking its quarterly dividend by 1.25 cents, or 2.6 percent, to 50 cents per share.

About 45,000 striking Verizon Communications employees are set to go back to work starting Monday night, agreeing to end a walkout while contract negotiations continue.

Verizon unions strike after contract expires Reuters , NEW YORK - Unions representing 45,000 Verizon Communications workers called for a strike as negotiations failed for a new labor contract that expired at midnight on Saturday.

The total compensation of phone company Verizon Communications Inc.'s CEO Ivan Seidenberg rose 4 percent to $18.1 million in 2010, according to an Associated Press analysis of a regulatory filing Monday.

A U.S. appeals court has rejected Verizon Communications's request for a specific panel of judges to hear its challenge to the Federal Communications Commission's new Internet traffic rules.

The U.S. Federal Communications Commission is close to granting AT&T Inc approval for its $2.35 billion purchase of rural U.S. wireless licenses from rival Verizon Communications Inc affiliate Verizon Wireless, the Wall Street Journal said, citing people familiar with the matter.

Federal regulators have given Verizon Communications Inc. the green light to sell nearly 5 million phone lines in 14 states outside of its core service areas to Frontier Communications Corp.

Verizon Communications Inc. Chief Executive Officer Ivan Seidenberg was "rather baffling" when he questioned U.S. plans to devote more airwaves to wireless Web service, a federal official said today.

Verizon Communications Inc., the second-largest U.S. phone company, will incur $970 million in expenses related to the U.S. health-care overhaul signed into law last month.

The one-time, non-cash expense will be taken in the first quarter, New York-based Verizon said late today in a regulatory filing.