June 13, 2012 |
Verizon Wireless customers no longer have to worry about how long they talk on their mobile phones or how many text messages they send and receive -- instead, they'll have to watch how much data they're using. Verizon became the first major wireless company to scuttle the industry's decade-old business model in which customers pay by the number of minutes they spend talking on their cellphones each month. Under new plans unveiled Tuesday, they will pay based on the amount of data they expect to use for email, Web surfing and video, while paying a fixed monthly fee for unlimited phone time and text messaging.
June 12, 2012 |
Verizon Wireless is set to introduce its new "Share Everything" pricing structure and stop offering its family share plans in late June. Verizon announced the news Tuesday, saying existing customers will be allowed to make the switch to the new pricing plan on June 28, the day "Share Everything" rolls out. The plan includes unlimited talk minutes and messages and it begins at $50 for 1 GB of data that can be shared with up to 10...
May 24, 2012
MUSIC Glenn Danzig is one of the most iconic names in punk and goth music, and he finally brings all of his ensembles (including Samhain, Danzig and, yes, a reunion with his legendary Misfits) into one workhorse night. You'll never see so many mono-bang haircuts in one place again. Verizon Wireless Amphitheatre, 8808 Irvine Center Drive, Irvine. 7:15 p.m. Sat. $13.13-$69.50. livenation.com.
May 17, 2012 |
Verizon Wireless has decided that users with unlimited data plans will be able to keep their plans but will have to pay full price on their next phones. On Wednesday, Francis Shammo, the company's chief financial officer, announced that existing unlimited-data customers would have to give up their no-longer-available plans when they upgraded from a 3G smartphone to one running on the company's 4G LTE network. On Thursday, the company released a statement that neither endorsed Shammo's comment nor assured customers that they would be able to keep their plans.
April 24, 2012 |
AT&T Inc. posted first-quarter earnings that beat analysts' estimates on lower smartphone upgrade costs and an increase in wireless data sales related to Apple Inc.'s iPad. Net income rose 5.2% to $3.58 billion, or 60 cents a share, from $3.41 billion, or 57 cents, a year earlier, Dallas-based AT&T said Tuesday. Analysts projected 57 cents, the average of estimates compiled by Bloomberg. Sales rose 1.8% to $31.8 billion, in line with estimates. AT&T activated 4.3 million iPhones and sold 240,000 tablets, with about 180,000 of the tablets on data plan contracts.
April 19, 2012 |
For Verizon Communication, the iPhone is the gift that keeps giving. Monthly bills for all those iPhone 4S smartphones that found new homes over the holidays are to be thanked for a boost in first-quarter revenue. The impact of the iPhone generated the fastest revenue growth in three years for Verizon Wireless, the country's biggest wireless carrier. The average monthly bill was up 3.6% from a year ago to $55.43. Selling the iPhone is a mixed blessing for carriers. Initially, they bear the cost of the phone, subsidizing them by hundreds of dollars.
April 18, 2012 |
WASHINGTON -- Verizon Wireless said it would sell billions of dollars worth of prime airwaves if regulators approve its planned purchases of new chunks of spectrum that come mainly from large cable companies. Verizon paid about $4.4 billion in 2008 in a government auction of coveted airwaves in the 700-megahertz band that the company said it no longer would need if the other deals are approved. The wireless giant's announcement Wednesday was designed to reduce criticism from competitors and public interest groups about its purchase of spectrum from a consortium of Comcast Corp., Time Warner Cable Inc. and Bright House Networks, as well as other acquisitions of spectrum from Cox Communications Inc. and Leap Wireless International Inc. “Since wireless operators, large and small, have expressed concern about the availability of high-quality spectrum, we believe our 700 megahertz licenses will be attractive to a wide range of buyers,” said Molly Feldman, vice president of business development at Verizon Wireless. The Federal Communications Commission and the Department of Justice are reviewing Verizon's new spectrum purchases.
April 18, 2012 |
WASHINGTON - Verizon Wireless plans to sell billions of dollars' worth of prime airwaves if regulators approve its planned purchases of new chunks of spectrum primarily from large cable companies. Verizon, which paid about $4.4 billion in 2008 in a government auction of coveted airwaves in the 700-megahertz band, said it no longer would need that spectrum to deploy its fourth-generation LTE network if the cable deals are approved. Among the spectrum Verizon plans to sell are swaths covering Los Angeles, New York, Chicago and other major metropolitan areas.
February 8, 2012 |
Sprint is the latest wireless service provider to report an earnings hit from subsidizing the iPhone. The company had hoped to give the likes of AT&T and Verizon a run for the iPhone money when it cut a $15.5-billion deal with Apple to carry the white-hot handset. From October to December, Sprint activated about 1.8 million iPhones , compared with 7.6 million at AT&T and 4.3 million at Verizon Wireless. But Sprint estimates that the phone launch widened its quarterly loss by $630 million, or $350 per phone activated.
February 6, 2012 |
The Motorola Droid Razr is buy one, get one free through Verizon Wireless starting Friday. The limited-time promotion is the latest move from Verizon, the exclusive U.S. carrier of the Razr, in a bid to do just about all it can to get the thinnest 4G phone on the market off store shelves and into the hands of consumers. After launching in November at a price of $299.99 on a two-year data plan, Verizon and Motorola cut the Razr down to $199.99 (and down to 16-gigabytes of included storage from 32 gigabytes)