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The Zacks Analyst Blog Highlights: Verizon Communications, Yahoo, Frontier Communications, AT&T and Comcast

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For Immediate Release

Chicago, IL - December 11, 2015 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Verizon Communications Inc. ( VZ ), Yahoo! Inc. ( YHOO ), Frontier Communications Corp. ( FTR ), AT&T Inc. ( T ) and Comcast Corp. ( CMCSA ).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .

Here are highlights from Thursday's Analyst Blog:

Telecom Stock Roundup

The past week has been quite eventful for the telecom industry. At the UBS Global Media and Communications Conference, Fran Shammo, Chief Financial Officer of U.S. telecom behemoth Verizon Communications Inc. ( VZ ), hinted that the company may explore the possibility of acquiring the web-based businesses of Yahoo! Inc. ( YHOO ), if the deal promises adequate value for its shareholders.

Yahoo is currently struggling with its web-based businesses. However, management is yet to take a final decision pertaining to the sale of its web businesses.

Additionally, Verizon has unveiled its much awaited WiFi calling feature from Dec 8, 2015. The function is currently available on the Samsung Galaxy S6 and S6 Edge. Support for other devices will soon follow via software updates. In a separate development, Frontier Communications Corp. ( FTR ) received the final approval from California Public Utilities Commission for its proposed acquisition of Verizon's local wireline operations in California, Florida and Texas.

AT&T Inc. ( T ), on the other hand, is moving full steam ahead with its objective of rolling out ultra-high-speed Internet service across the country. Recently, the company announced plans to expand its super-fast fiber optic broadband service - GigaPower - to 38 additional cities, bringing the total tally to 56 locations. Meanwhile, AT&Tand leading TV broadcaster TEGNA Inc. have finally reached a multi-year carriage agreement.

Furthermore, AT&T is considering producing or acquiring original content for its video services, including Internet TV, which is due for launch in Jan 2016. The company plans to particularly target customers who are not covered under traditional pay-TV services.

In the cable multi-service operator front, recently, at the Business Insider Ignition conference, Comcast Corp. ( CMCSA ) CEO Brian L. Roberts stated that the company is contemplating whether the decision to sell smartphones along with wireless services will be a feasible one. In Oct 2015, the company inked a deal with Verizon to become a mobile virtual network operator that would offer wireless services. Comcast is likely to initiate its wireless offerings from the second half of 2016.

Last week, several noteworthy developments have taken place outside the U.S. as well. In a recent turn of events, Mexican opposition senators voted in favor of extending the deadline of the conversion of TV signals from analog to digital by the end of 2016. The revised decision was taken on the grounds that an attempt to meet the Dec 31, 2015 deadline would leave millions of viewers across the nation without TV access.

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VERIZON COMM (VZ): Free Stock Analysis Report

YAHOO! INC (YHOO): Free Stock Analysis Report

FRONTIER COMMUN (FTR): Free Stock Analysis Report

AT&T INC (T): Free Stock Analysis Report

COMCAST CORP A (CMCSA): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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