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FISHRGAME
_____________
Feature
Stories -
052005-05
/ Week tviNews
Convergence
WEEK IN REVIEW
• • TOP STORIES CONVERGING INTO -
February
Todays Puzzle
--
Verizon Relies
onWireless Telephone For Profits
January 28, 2005 / NBS100 Says "Verizon is
banking its future on Wireless to Make A
Profit"
"Actually," continues Troy Cory-Stubblefield,
"that's what Nathan B. Stubblefield, the inventor
and patent holder of the "Wireless Telephone was
thinking way back in 1902, when he was preparing to
launch his National Broadcasting System, using his
WT.
• • Although Verizon owns only 55%
of Verizon Wireless, the mobile communications
company contributed 40% of the parent company's
revenue during the fourth quarter, up from 35% a
year earlier.
• • The rest of Verizon Wireless
is owned by Vodafone Group of
England.
• • Verizon Wireless added 6.3
million customers in 2004, including 1.7 million in
the fourth quarter.
• • Following an industry trend,
Verizon's traditional land-line business declined
&emdash; in part because many customers upgrading
to broadband Internet access dropped extra
telephone lines they no longer
needed.
• • The company lost 2.6 million
land-line subscriptions for the year, including
nearly 700,000 in the fourth
quarter.
• • One industry analyst described
the company's overall growth as healthy.
• • "Much of the growth in the
industry is due to mergers and acquisitions," said
Phillip Redman of strategy planning and research
firm Gartner Inc. "But Verizon is growing
internally, which is more organic and usually
involves a lot less
costs."
• • But the pressure to grow by
acquisition might prove too much, said analyst
Berge Ayvazian of research firm Yankee Group.
• • On the same day as Verizon
announced its earnings, industry observers were
buzzing over news that rivals SBC Communications
Inc. and AT&T Corp. are discussing a
merger.
• • "As much as Verizon has worked
to grow without incurring much debt," Ayvazian
said, "if SBC and AT&T come together, Verizon
will have to do something to keep pace."
• • With a
surge in wireless business that more than made up
for a decline in traditional telephone service,
Verizon Communications Inc. reported Thursday that
fourth-quarter sales rose 6.2% to $18.3
billion.
• • For the three months ended
Dec. 31, Verizon's profit climbed to $3 billion, or
$1.08 a share, from a loss of $1.5 billion, or 53
cents, in the same period a year
earlier.
• • For all of 2004, Verizon
Communications' net income was $7.8 billion, or
$2.79 a share, compared with $3.1 billion, or
$1.12, the year before.
• • Sales in 2004 were $71.3
billion
///
• •
------------------------------------------------------------------------
NEWS
CONVERGENCE
///
Center
Page / Feature
TIMELINE:
Top Stories To Start The Week
With:
///
ByLines:
Editors Note
Larry
Page
Bylines
TVI
Magazine ONLINE / IS YOUR INDUSTRY WEB SITE Ready
for the future?
-----
TVI
Magazine introduces here a new marketing forum for
the international television industry: a dynamic
online service on its YES90 and tvinews.net web
sites. TVI Magazine will now effectively serve the
new marketing needs of all entertainment companies
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that appears on TVI Magazine's Web site can be
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the advertiser's URL.
-----
To
ensure that visitors find their way to promotion
information and product updates, TVI Magazine is
listing TVI Magazine Online on more than 250 of the
world's most popular search engines and electronic
directories.
-----
Online
ad space can be purchased in monthly increments
(with a one-month minimum). At renewal time,
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advertisers to monitor their reach and billings
regularly.
-----
TVI
Magazine has two key pages for ad placement: the
index page (home page) and the main page (main page
of articles). Less expensive ad space is available
on article pages. Advertisers can provide the
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-----It
just goes to show you, says Troy about the TV and
Film industry -- "NOTHING IN THIS WORLD IS
PERMANENT" . . . so follow the
money -
- and
take some advice from a dinner-time chat with
"Stonehead" --
Disappointments Are Great! Follow
the Money . . . the Internet and the Smart- Daaf
Boys.
///
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Respectfully
Submitted
Josie
Cory
Publisher/Editor
TVI Magazine
TVI
Magazine, tviNews.net, Associated Press, Reuters,
BBC, LA Times, NY Times, VRA's D-Diaries, Press
Releases, They Said It Tracking Model, and
SmartSearch were used in compiling and ascertaining
this Yes90 news report.
©2004-2006. Copyright. All
rights reserved by: TVI Publications, VRA TelePlay
Pictures and Big Six Media Entertainments. Tel/Fax:
323 462.1099.
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