Verizon's Bold Bet: Strong Q4, Buyback Plan, and Frontier Deal Fuel Turnaround Optimism
Verizon Communications (VZ) surged nearly 12% after a robust Q4 2023 report, record postpaid growth, and a major share repurchase program. The telecom giant's confident 2026 outlook and strategic acquisition of Frontier assets signal a potential pivot, though questions about debt and valuation persist.