|Price Range 12mo avg:||$707K – $4.7M|
|$/sf 12mo avg:||$668|
|CAP Rate 12mo avg:||7.55%|
|Lease Terms:||10yrs NN|
|Building Size avg:||4,454 SF|
|Lot Size avg:||1+/- acres|
Verizon Wireless is wholly owned by Verizon Communications Inc. and is headquartered in Basking Ridge, N.J. Verizon Communications Inc. (NYSE, NASDAQ:VZ) is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers.
Verizon Wireless is an innovative wireless communications company that connects people and businesses with the most advanced wireless technology and service available.
The company launched the nation’s first 3G wireless broadband network. They were also the first tier-one wireless provider in the nation to build and operate a 4G LTE network. With 4G LTE, customers can access the Internet and stream media faster than ever—and experience their mobile world in real-time.
|S&P Credit Rating:||BBB+|
|Moody’s Credit Rating:||Baa1|
|Annual Revenue 2014:||$87.6B|
|Annual Revenue 2013:||$81.0B|
|Revenue Growth:||↑ 8.2% from 2013|
|Units (Jan. 2015)||1,700|
|Average Units Volume:||$51.5M|
Yahoo! Finance: VZ News Latest Financial News for VZ
Verizon Augments NBA Network Capabilities With Fiber Optics
on June 17, 2019 at 1:24 pm
The improved bandwidth connectivity through Verizon's (VZ) fiber-optic network will offer high-resolution video to fans across the world to relive the key moments of the match without compromising on finer details. […]
Adobe Systems (ADBE) to Report Q2 Earnings: What's in Store?
on June 17, 2019 at 12:14 pm
Adobe Systems' (ADBE) fiscal second-quarter results are likely to be driven by strength in Creative Cloud and innovation. […]
Verizon's fiber network connects NBA arenas for 1080p broadcasts
on June 14, 2019 at 11:24 pm
Verizon (Engadget's parent company) plans to connect all NBA arenas to a high-speed fiber network for better HD broadcast support. When the network is up and running in the second half of 2020, the league will be able to broadcast games from every team in 1080p resolution, and the system will support up to 30 cameras in each arena. […]
UPDATE 1-U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week -source
on June 14, 2019 at 9:49 pm
The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on Friday. Earlier this week, Dish Network Corp executives met with the Justice Department's antitrust chief Makan Delrahim and Federal Communications Commission Chairman Ajit Pai as part of the government's review of the deal, which could dramatically reshape the U.S. wireless market. […]
Verizon to build fiber-based video distribution network connecting NBA’s 29 arenas
on June 14, 2019 at 7:05 pm
Verizon today announced an agreement with the National Basketball Association (NBA) to create a high-speed network that connects all twenty-nine arenas that host NBA teams using Verizon’s fiber network to deliver high quality-video to fans. “The NBA is a leader in bringing innovative, high quality viewing experiences to fans outside the arena,” said George Fischer, SVP and president of Verizon Enterprise. […]