T = Trends for a Stock’s Movement
Verizon is a provider of communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. It operates in two primary segments: Verizon Communications and Wireline. Verizon Communications’ products and services include wireless voice, data services, and equipment sales, which are provided to consumer, business, and government customers across the United States. Wireline’s products and services include voice, Internet access, broadband video and data, Internet protocol network services, network access, long distance, and other services.
Another shot has been fired in the ongoing battle between Netflix (NASDAQ:NFLX) and Verizon. After a Netflix image of the company blaming Verizon for poor service quality went viral after being posted on Twitter by Vox Media designer Yuri Victo, the wireless and Internet services firm responded by sending Netflix a notice of the “Cease and Desist” variety. So if Netflix continues those anti-Verizon messages, it may get sued. A Verizon spokesperson also referred to the message as “a PR stunt” in a conversation with CNET. Verizon’s letter details that the user experience is Netflix’s responsibility. Indeed, in the first instance, responsibility for its customers’ experience falls squarely on Netflix itself.