Top 10 Telecom Stocks To Own Right Now

Top 10 Telecom Stocks To Own Right Now: Verizon Communications Inc.(VZ)

Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The Wireline segment provides voice, Internet access, broadband video and data, Internet protocol network, network access, long distance, and other services in the United States and internationally. The company serves consumer, business, and government customers, as well as carriers. As of December 31, 2010, its network covered a population of approximately 292 million and provided service to a customer base of approximately 94.1 million. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

Advisors' Opinion:

• [By Paul Ausick]

  Big Deals: Verizon Communications Inc. (NYSE: VZ) will pay $130 billion for the 45% stake in Verizon Wireless by Vodafone Group plc (NASDAQ: VOD) in one of the three largest acquisitions ever.Vodafone was involved in two of them.

• [By Jessica Alling]

  The ugly
  AT&T (NYSE: T  ) is also in the dumps this morning after announcing earnings after the bell yesterday. The wireless carrier is down 6.01% so far in trading, the most in almost three years. The company had gained 16% so far this year, but first-quarter results showed a loss of wireless market share to rival Verizon (NYSE: VZ  ) . AT&T added 269,000 new subscribers to its wireless services in the first three months of this year, but the growth was mainly due to new tablet users -- the company actually lost high-paying phone users during that time period. Verizon had substantial growth during the first quarter, with new wireless phone customers driving growt! h.

• [By Michael Nielsen]

  Recently, the two companies have attempted to increase transparency about the quality of their customer's Internet connections. In a sense, Netflix and Google have placed the blame on Internet service providers for the poor service quality received by their customers. This has outraged companies such asVerizon (NYSE: VZ  ) andAT&T (NYSE: T  ) . With good reason: If the push for transparency gains steam, ISP's may be forced to invest massive amounts of money into revamping their technical infrastructure which could severely drop their profit margins.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-telecom-stocks-to-own-right-now-2.html