A summary of their financial
A summary of their financial stats and metrics follows:Verizon did add significant debt in order to take control of Verizon Wireless from Vodafone (NASDAQ:VOD), bur the additional cash flow/EBITDA mitigates this risk and the ability to fully define the direction of the company is a significant plus.Using the equity market as an indicator, Verizon has performed well versus peers AT (NYSE:T) and smaller CenturyLink (NYSE:CTL), but has underperformed peers Sprint (NYSE:S) and Frontier Communication (NYSE:FTR). I would say that the underperformance versus Sprint is due to M talk surrounding the company and versus Frontier for somewhat the same reason and the fact that Frontier somehow remains viable despite continuously adding leverage.Bottom Line: The new debt issued by Verizon is cheap to its credit curve (nominally) and allows investors to add some diversity to their fixed income portfolios (given the $25 par nature and NYSE listing). While there could be price swings given changes in i