Lowell McAdam

  • Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94

    Verizon yesterday announced a landmark deal to purchase Yahoo’s core business for $4.83 billion, but judging from its just-released second quarter earnings report, the telecom giant continues to feel the pressure of declines in its legacy business. The Q2 report shows total operating revenue of $30.5 billion and earnings per share of 94 cents. That’s a miss on revenue, but a… Read More

  • Today We Learned That Verizon Is Going To Save The World

    Today We Learned That Verizon Is Going To Save The World

    With Microsoft pulling out of the Consumer Electronics Show and Apple nowhere to be seen, the show has become a huge opportunity for other companies to have their major onstage moment. With more than 150,000 people in attendance and millions of people watching remotely, it’s the opportunity of the year for a company that isn’t known for its press conference prowess. You know. Read More

  • Verizon CEO Ivan Seidenberg Steps Down, COO Lowell McAdam Steps Up

    Verizon CEO Ivan Seidenberg Steps Down, COO Lowell McAdam Steps Up

    The board of directors of Verizon Communications has promoted COO Lowell McAdam to president and CEO of the company. Ivan Seidenberg will step down from the CEO role at the end of this month, completing a CEO succession plan that has been under way since last year. Read More