Fran Shammo

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9h
Ars Technica
Verizon Wireless data plans might become more like T-Mobile’syear. Verizon has previously resisted offering rollover data and other feature
Verizon Wireless data plans might become more like T-Mobile’s
Ars Technica / Posted 9 hours ago
year. Verizon has previously resisted offering rollover data and other features that might save customers money, with CFO Fran Shammo telling CNET in a January 2015 interview that "it doesn't make financial sense" to hold on to customers who leave... Read more
1d
Computer Business Review
Backed by phone contracts, Verizon plans $1.2bn bond salebonds. Earlier, Verizon securitized its handset receivables to raise funds fro
Backed by phone contracts, Verizon plans $1.2bn bond sale
Computer Business Review / Posted yesterday
bonds. Earlier, Verizon securitized its handset receivables to raise funds from banks. Verizon chief financial officer Fran Shammo said at a conference last month: "This is new for the industry. The auto industry has been in this market for... Read more
9d
FOX Business
Why I Bought Shares of Verizon Instead of AT&TWireless. As a result, AT&T has lost its A- rating from the credit agencies. Ve
Why I Bought Shares of Verizon Instead of AT&T
FOX Business / Posted 9 days ago
Wireless. As a result, AT&T has lost its A- rating from the credit agencies. Verizon also has a BBB+ rating, but CFO Fran Shammo has a plan to get its A- rating back. Borrowing costs will become important as bids come in for the upcoming FCC... Read more
9d
FOX Business
Why I Bought Shares of Verizon Instead of AT&TWireless. As a result, AT&T has lost its A- rating from the credit agencies. Ve
Why I Bought Shares of Verizon Instead of AT&T
FOX Business / Posted 9 days ago
Wireless. As a result, AT&T has lost its A- rating from the credit agencies. Verizon also has a BBB+ rating, but CFO Fran Shammo has a plan to get its A- rating back. Borrowing costs will become important as bids come in for the upcoming FCC... Read more
13d
FierceTelecom
Verizon strike officially ends as wireline contracts approved by both CWA, IBEW unionsearnings as the telco had to delay installations of new customers so it could f
Verizon strike officially ends as wireline contracts approved by both CWA, IBEW unions
FierceTelecom / Posted 13 days ago
earnings as the telco had to delay installations of new customers so it could focus on network maintenance and repair. Fran Shammo, CFO and EVP of Verizon, told investors on Thursday during the MoffettNathanson Media & Communications Summit... Read more
2 related stories
16d
Fortune
Inside the Talks That Ended the Verizon Strikebusinesses, the company was suddenly facing possible customer losses in both se
Inside the Talks That Ended the Verizon Strike
Fortune / Posted 16 days ago
businesses, the company was suddenly facing possible customer losses in both segments for the second quarter. CFO Fran Shammo had admitted at a Wall Street conference the day after the Perez-led talks started that new orders had... Read more
16d
FOX Business
Verizon Is About to Change This $8 Billion Piece of Its Businessas extra unsecured debt. That gets lumped in with other debt and reduces the cr
Verizon Is About to Change This $8 Billion Piece of Its Business
FOX Business / Posted 16 days ago
as extra unsecured debt. That gets lumped in with other debt and reduces the credit ratings for Verizon or AT&T. That's why Fran Shammo is exploring an alternative method to getting cash out of those receivables. An $8 billion "drop" in cash... Read more
16d
FOX Business
Verizon Is About to Change This $8 Billion Piece of Its Businessas extra unsecured debt. That gets lumped in with other debt and reduces the cr
Verizon Is About to Change This $8 Billion Piece of Its Business
FOX Business / Posted 16 days ago
as extra unsecured debt. That gets lumped in with other debt and reduces the credit ratings for Verizon or AT&T. That's why Fran Shammo is exploring an alternative method to getting cash out of those receivables. An $8 billion "drop" in cash... Read more
16d
FOX Business
How Much Did the Verizon Strike Cost Investors?to make do without about 46,000 union workers, mainly affecting its wireline bu
How Much Did the Verizon Strike Cost Investors?
FOX Business / Posted 16 days ago
to make do without about 46,000 union workers, mainly affecting its wireline business. Earlier this month, Verizon CFO Fran Shammo sat down with Bank of America Merrill Lynch analyst Dave Barden. He said the strike potentially cost shareholders... Read more
16d
FOX Business
How Much Did the Verizon Strike Cost Investors?to make do without about 46,000 union workers, mainly affecting its wireline bu
How Much Did the Verizon Strike Cost Investors?
FOX Business / Posted 16 days ago
to make do without about 46,000 union workers, mainly affecting its wireline business. Earlier this month, Verizon CFO Fran Shammo sat down with Bank of America Merrill Lynch analyst Dave Barden. He said the strike potentially cost shareholders... Read more
22d
New Zealand's National Business Review
US dollar weakenswill crimp the company's second-quarter earnings and may cost up to 7c per shar
US dollar weakens
New Zealand's National Business Review / Posted 22 days ago
will crimp the company's second-quarter earnings and may cost up to 7c per share, the company's chief financial officer Fran Shammo told the Bank of America Merrill Lynch global telecom and media conference. The latest US economic data cast... Read more
22d
Channel NewsAsia
Verizon strike seen hitting second-quarter earnings: CFOfinancial officer said. The company "will see about a 5 cent to 7 cent impact
Verizon strike seen hitting second-quarter earnings: CFO
Channel NewsAsia / Posted 22 days ago
financial officer said. The company "will see about a 5 cent to 7 cent impact to the bottom line for the quarter," CFO Fran Shammo said at the Bank of America Merrill Lynch global telecom and media conference in London on Tuesday. The remarks... Read more
23d
New York Post
Verizon CFO pivots on Yahoo bid questionsthat it said excludes Yahoo’s real estate and patents, which some estimate coul
Verizon CFO pivots on Yahoo bid questions
New York Post / Posted 23 days ago
that it said excludes Yahoo’s real estate and patents, which some estimate could double the final price tag. Verizon CFO Fran Shammo didn’t comment specifically on the report at a Tuesday conference in London sponsored by Bank of America-Merrill... Read more
2 related stories
23d
San Francisco Chronicle
Verizon bid $3 billion for Yahoousers, which could aid their efforts to target advertising for customers. On T
Verizon bid $3 billion for Yahoo
San Francisco Chronicle / Posted 23 days ago
users, which could aid their efforts to target advertising for customers. On Tuesday, Verizon’s chief financial officer Fran Shammo said at a conference that his company wants to build more viewership on its video platform and other... Read more
88 related stories
23d
Fortune
Verizon Strike Didn't Hurt Profits Much, CFO Sayssecond quarter profit per share will be five cents to seven cents lower than ex
Verizon Strike Didn't Hurt Profits Much, CFO Says
Fortune / Posted 23 days ago
second quarter profit per share will be five cents to seven cents lower than expected, Chief Financial Officer Fran Shammo said on Tuesday at the Bank of America Merrill Lynch Global Telecom & Media Conference. Before Shammo spoke,... Read more
23d
The Hollywood Reporter
Verizon to Submit $3 Billion Yahoo Bid (Report)their interest in the business, which includes digital media assets including Y
Verizon to Submit $3 Billion Yahoo Bid (Report)
The Hollywood Reporter / Posted 23 days ago
their interest in the business, which includes digital media assets including Yahoo News and Yahoo Sports. Verizon CFO Fran Shammo spoke at the Bank of America Merrill Lynch Global Telecom & Media conference in London on Tuesday in a session... Read more
23d
FierceTelecom
Verizon CFO says data center sale 'progressing,' telco will make decision in next 3 monthsto make a final decide whether it will sell the asset within the next three mon
Verizon CFO says data center sale 'progressing,' telco will make decision in next 3 months
FierceTelecom / Posted 23 days ago
to make a final decide whether it will sell the asset within the next three months. "We're progressing," said Verizon's Fran Shammo at the Bank of America Merrill Lynch 2016 Telecom & Media Conference today, when questioned about the sale of the... Read more
23d
FierceTelecom
Verizon's new union terms after strike could hurt 2016 results, analysts sayrelated to these savings to come from the company when it reports Q2 2016 earni
Verizon's new union terms after strike could hurt 2016 results, analysts say
FierceTelecom / Posted 23 days ago
related to these savings to come from the company when it reports Q2 2016 earnings (late July) if not sooner." Verizon CFO Fran Shammo today confirmed the strike's expected negative impact on wireline net adds but declined to say how big the impact... Read more
29d
FOX Business
Verizon Needs to Start Paying Attention to Prepaidmarket more seriously. Why Verizon doesn't promote its own prepaid plan Durin
Verizon Needs to Start Paying Attention to Prepaid
FOX Business / Posted 29 days ago
market more seriously. Why Verizon doesn't promote its own prepaid plan During Verizon's first-quarter earnings call, CFO Fran Shammo told analysts some of the reasoning behind its lack of promotion for prepaid plans: "Our retail prepaid is above... Read more
29d
FOX Business
Verizon Needs to Start Paying Attention to Prepaidmarket more seriously. Why Verizon doesn't promote its own prepaid plan Durin
Verizon Needs to Start Paying Attention to Prepaid
FOX Business / Posted 29 days ago
market more seriously. Why Verizon doesn't promote its own prepaid plan During Verizon's first-quarter earnings call, CFO Fran Shammo told analysts some of the reasoning behind its lack of promotion for prepaid plans: "Our retail prepaid is above... Read more
30d
Wired News
The Verizon Strike Proves the Internet Still Needs Humansin new sign-ups for its fiber optic service this quarter as wait times for inst
The Verizon Strike Proves the Internet Still Needs Humans
Wired News / Posted 30 days ago
in new sign-ups for its fiber optic service this quarter as wait times for installations soared, CEO Lowell McAdam and CFO Fran Shammo acknowledged earlier this month. Analysts cut revenue forecasts for the company, and stocks dipped.The Internet... Read more
245 related stories
30d
FierceTelecom
Verizon's striking wireline employees will return to work Wednesdaypreviously lowered Verizon's wireline revenue estimates for the upcoming second
Verizon's striking wireline employees will return to work Wednesday
FierceTelecom / Posted 30 days ago
previously lowered Verizon's wireline revenue estimates for the upcoming second quarter by $343 million to $7.52 billion. Fran Shammo, CFO and EVP of Verizon, recently told investors during the MoffettNathanson Media & Communications Summit that... Read more
245 related stories
30d
Providence Business News
Verizon, Unions reach agreement on contract ending striketo striking employees, the slowdown in operations was a drag on the company’s l
Verizon, Unions reach agreement on contract ending strike
Providence Business News / Posted 30 days ago
to striking employees, the slowdown in operations was a drag on the company’s landline business, Chief Financial Officer Fran Shammo said during an investor presentation on May 19. That probably means there will be no net new gains in FiOS TV or... Read more
245 related stories
m
The Star
Verizon and unions reach tentative deal to end strikehinted in recent weeks that the strike could pressure the bottom line, without
Verizon and unions reach tentative deal to end strike
The Star / Posted 1 months ago
hinted in recent weeks that the strike could pressure the bottom line, without providing details. Chief financial officer Fran Shammo said at a conference earlier in May that new installations and orders had “significantly dropped.” Since the... Read more
180 related stories
m
The Register NorthJersey.com
Verizon reaches deal to end walkoutworkers to replace strikers, but the walkout has been a drag on the company’s l
Verizon reaches deal to end walkout
The Register NorthJersey.com / Posted 1 months ago
workers to replace strikers, but the walkout has been a drag on the company’s landline business, Chief Financial Officer Fran Shammo said during an investor presentation this month. Because of the strike, Verizon probably won’t add FiOS TV or... Read more
180 related stories
m
FOX Business
What's Behind Verizon's Huge Tablet Slowdown?Tablet net adds specifically reached its lowest level in three years. Tablets
What's Behind Verizon's Huge Tablet Slowdown?
FOX Business / Posted 1 months ago
Tablet net adds specifically reached its lowest level in three years. Tablets play an important role for Verizon. CFO Fran Shammo has said tablets help increase data consumption and reduce churn.So, what's causing Verizon's tablet net adds to... Read more
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FOX Business
What's Behind Verizon's Huge Tablet Slowdown?reached its lowest level in three years. Continue Reading Below Tablets play
What's Behind Verizon's Huge Tablet Slowdown?
FOX Business / Posted 1 months ago
reached its lowest level in three years. Continue Reading Below Tablets play an important role for Verizon. CFO Fran Shammo has said tablets help increase data consumption and reduce churn.So, what's causing Verizon's tablet net adds to... Read more
m
The Register NorthJersey.com
Verizon, unions reach tentative agreement; employees expected to return to workworkers to replace strikers, but the walkout has been a drag on the company’s l
Verizon, unions reach tentative agreement; employees expected to return to work
The Register NorthJersey.com / Posted 1 months ago
workers to replace strikers, but the walkout has been a drag on the company’s landline business, Chief Financial Officer Fran Shammo said during an investor presentation earlier this month. Because of the strike, Verizon probably won’t add FiOS... Read more
180 related stories
m
The Register NorthJersey.com
Verizon, unions reach tentative agreement; striking employees expected to return to workworkers to replace strikers, but the walkout has been a drag on the company’s l
Verizon, unions reach tentative agreement; striking employees expected to return to work
The Register NorthJersey.com / Posted 1 months ago
workers to replace strikers, but the walkout has been a drag on the company’s landline business, Chief Financial Officer Fran Shammo said during an investor presentation earlier this month. Because of the strike, Verizon probably won’t add FiOS... Read more
180 related stories
m
Web Host Industry Review
Verizon Reaches Deal in Principle to End Landline Worker StrikeYet even with the temporary help, the strike has been a drag on the company’s l
Verizon Reaches Deal in Principle to End Landline Worker Strike
Web Host Industry Review / Posted 1 months ago
Yet even with the temporary help, the strike has been a drag on the company’s landline business, Chief Financial Officer Fran Shammo said during an investor presentation earlier this month. Because of the strike, Verizon probably won’t add FiOS... Read more
180 related stories
m
Crain's New York Business
Verizon reaches deal in principle to end landline worker strikeYet even with the temporary help, the strike has been a drag on the company’s l
Verizon reaches deal in principle to end landline worker strike
Crain's New York Business / Posted 1 months ago
Yet even with the temporary help, the strike has been a drag on the company’s landline business, Chief Financial Officer Fran Shammo said during an investor presentation earlier this month. Because of the strike, Verizon probably won’t add FiOS... Read more
180 related stories
m
Providence Business News
Verizon gets deal in principle to end landline worker strikeYet even with the temporary help, the strike has been a drag on the company’s l
Verizon gets deal in principle to end landline worker strike
Providence Business News / Posted 1 months ago
Yet even with the temporary help, the strike has been a drag on the company’s landline business, Chief Financial Officer Fran Shammo said during an investor presentation earlier this month. Because of the strike, Verizon probably won’t add FiOS... Read more
180 related stories
m
The Register NorthJersey.com
Verizon, unions reach deal in principle for 4-year contractYet even with the temporary help, the strike has been a drag on the company’s l
Verizon, unions reach deal in principle for 4-year contract
The Register NorthJersey.com / Posted 1 months ago
Yet even with the temporary help, the strike has been a drag on the company’s landline business, Chief Financial Officer Fran Shammo said during an investor presentation earlier this month. Because of the strike, Verizon probably won’t add FiOS... Read more
180 related stories
m
Fast Company Magazine
Verizon’s Multi-Billion-Dollar Play To Take On Netflix, Amazon, Google & Facebookon the number of downloads in excess of 2 million, but the key to us is not the
Verizon’s Multi-Billion-Dollar Play To Take On Netflix, Amazon, Google & Facebook
Fast Company Magazine / Posted 1 months ago
on the number of downloads in excess of 2 million, but the key to us is not the downloads, the key is viewership," CFO Fran Shammo told investors.) Verizon has yet to disclose actual viewing data, but there are modest signs of growing pains.... Read more

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