Verizon Communications Inc. VZ shares are trading lower by 2.54% to $34.96 during Thursday's session. Shares of several cell phone carriers are trading lower following reports suggesting DISH Network Corp could be selling wireless plans through Amazon.com, Inc..
What's Going On With DISH Network?
The potential deal allows Dish to market its service to millions of prospective customers and help Amazon expand its relatively small footprint in the consumer smartphone market.
Amazon has previously discussed potential wireless business deals with Dish.
Wireless plans sold through Amazon's e-commerce portal could eventually challenge rival cellphone carriers...Read More
According to data from Benzinga Pro, VZ has a 52-week high of $52.18 and a 52-week low of $34.55.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.