The telecom giant is very profitable and produces strong cash flow. Its cash flow from operations was $7.8 billion during the first quarter, a$700 million increase from the prior year. It was enough cash to cover its capital expenses ($4.1 billion) and dividend payment ($2.9 billion), with room to spare ($700 million in excess free cash flow). That continued its trend of producing strong excess free cash flow. Verizon generated$8.6 billion in excess free cash flow after capital expenses and dividend payme ...