It has been reported that Verizon Communications (NYSE:VZ)’s Verizon Wireless is under investigation by the Justice Department.
Verizon Communications (NYSE:VZ) Under Investigation?
Verizon Wireless, a subsidiary owned by Vodafone Group Plc. and New York City based telecommunications company and broadband internet service provider, Verizon Communications (NYSE:VZ), has reportedly been under the surveillance of the Justice Department as their deals with cable companies arose suspicion.
Verizon Communications (NYSE:VZ) spokesman, Peter Thonis, said, “We have received no information on which to comment.”
Verizon Communications Inc. (NYSE:VZ) shares were at 39.21 at the end of the last day’s trading. There’s been a 6.5% change in the stock price over the past 3 months.