Boston, MA 02/25/2014 (wallstreetpr) – Verizon Communications Inc. (NYSE:VZ) seem to have been buoyed by the recent recoup of Vodafone Group plc (NASDAQ:VOD)’s 45% stake in Verizon wireless as it is reporting a possibility of recording higher EBITDA margins for F2014 with revenue expected to grow by 4%. The company adjusted earnings before interest and tax depreciation and amortization for F2013 stood at 34.9% with revenue growing at 4.1%.
Verizon Communications Inc. (NYSE:VZ) as a result of the acquisition expects to reduce its debt and fund network investments for the year and also expects strong cash flows that should have a positive impact on its dividend policy. The company’s debt as of December 31, 2013 stood at a high of $40.1 billion. The growth in EBITDA margins is expected to be bolstered by the company’s equipment installment plan that allows customers to easily upgrade to new phones and pay for them more conveniently.
Verizon Communications Inc. (NYSE:VZ) is currently building its own product development and management arm that should assist it, in developing products faster in all its platforms, this are some of the changes the company expects to be forthcoming in the coming months according to is Chief. The company continues to benefit extensively from rising wireless demand and the growth of its customer base.
Verizon planning for internet traffic deal with Netflix
Verizon Communications Inc. (NYSE:VZ) has confirmed that it is in contact with Netflix over direct peering deals, the company’s Chief Executive Officer Lowell McAdam says talks have been ongoing for about a year now. This will not be the first peering deal that Netflix has entered with another company; it had earlier entered into a similar agreement with Comcast which might end up having a neutral or positive impact on its bandwidth costs.
Verizon Communications Inc. (NYSE:VZ) slipped on the opening day of the week with its shares dropping by 2.20% to close the day at $46.23
