e options,’ analyst says in downgrade [telecom]

Aug 21, 2022 0 Replies

By Emily Bary



The phone company paid a 'stupendous sum' for 5G spectrum but has yet to realize extensive new revenue streams, according to MoffettNathanson.



Verizon Communications Inc. is in a "particularly difficult position" given current wireless-industry trends, and that dynamic has one analyst taking a more downbeat view on the shares.



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