Broadband M&A Set to Grow with a Stronger Market and “Killer Bundle” [Yahoo! Finance]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance
DENVER, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Merger and acquisition activity in the broadband service sector is poised to pick up due to lower interest rates, moderating labor and equipment costs and national wireless operators' insatiable appetite for growth. While the pace of dealmaking slowed considerably in the inflationary environment following COVID-19, changing market dynamics and a shift in strategic buyers is expected to trigger a resurgence of M&A within the sector. According to a new report from CoBank's Knowledge Exchange , buyers in the broadband space have expanded beyond cable companies and traditional telecom or pure-play fiber operators. National wireless operators have been actively buying fiber companies for growth and to complement their smartphone service with the new “killer bundle,” a smartphone plan bundled with home internet. “We see M&A interest from wireless operators such as T-Mobile and Verizon as the main catalyst fueling deal activity over the next cou
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VZ
Earnings
- 10/22/24 - Beat
VZ
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- VZ's page on the SEC website