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Verizon to Issue New Shares







Verizon to Issue New Shares

Verizon to Issue New Shares 04/13/2005 12:06 AM

Verizon Communications said on Tuesday that it planned to issue 132 million new shares as part of its effort to buy MCI.




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I don't know what's up with the Verizon ad sticking in Internet Explorer, but we're looking into it. Sorry for any annoyance.

Update: Okay, we killed it! Sorry about that. Apparently it was getting stuck on the page like a pop-up, although that's certainly not what it was intended to do. Thanks to the dozens of you who swore never to read the site again if we didn't fix it and the two of you who asked nicely. Ads are a necessary evil, but always feel free to let us know if they do anything obnoxious.


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Vitriol spews from Verizon CEO's lips on municipal networks, customer expectations, cancellation fees: Get this man a Valium, stat! Verizon CEO Ivan Seidenberg needs to calm down a bit. He thinks San Francisco's municipal network idea is "one of the dumbest ideas I've ever heard" because the network has to be built, designed, and operated. Oddly, Verizon has no expertise in building campus-wide Wi-Fi networks, and thus isn't really qualified to express that sort of opinion. I had the same reaction to reading a Comcast spokesperson's critique of the potential of a city-wide wireless network: Comcast doesn't build that; they're not qualified to say it's possible or not. What's even funnier about this quote is that Verizon will probably bid to build city-wide networks in Minneapolis and Philadelphia....

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