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Tuesday, January 21, 2014

BRIEF-Verizon to respond to competitive pressure in mobile when needed, (NYSE: VZ)

Verizon Communications Inc : * CFO says will respond to competitive pressure in Mobile when it needs to * CFO says open to look at opportunities but "nothing on the table" right now for wireline asset sales * CFO says will participate in spectrum auctions because it needs more spectrum

Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ traded higher by 1.08% or $0.52/share to $48.87. In the past year, the shares have traded as low as $42.34 and as high as $54.31. On average, 11694200 shares of VZ exchange hands on a given day and today's volume is recorded at 821697.