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BUSINESS
August 17, 2012 | David Lazarus
The Department of Justice says Verizon can go ahead with its $3.6-billion purchase of wireless spectrum from the cable industry, but not without some tweaks to help protect consumers from telecom behemoths becoming too cozy. Specifically, the DOJ said Thursday that it's placing limits on sales of cable services at Verizon Wireless stores - a move that had appeared to relegate Verizon's own TV and Internet offerings to the back burner and make the market less competitive. I'm not a told-you-so kind of guy, but this is exactly what I warned of in a column last month questioning how this deal worked in consumers' best interest, not to mention how downplaying the company's own services was good for Verizon shareholders.
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BUSINESS
August 16, 2012 | By Salvador Rodriguez
A $3.6-billion deal between Verizon Wireless and several cable companies received a go-ahead Thursday from the U.S. Justice Department. The agreement now awaits final approval from the Federal Communications Commission. If approved, the deal would allow Verizon to continue expanding its 4G LTE network by gaining unused portions of the airwaves from the cable companies. T-Mobile would also benefit from the approval. The company entered into a deal with Verizon in June that would help T-Mobile improve its own 4G network and an LTE network expected to roll out next year.
ENTERTAINMENT
July 25, 2012 | By Roy Rivenburg
It isn't easy being both funny and touching in 30 seconds, but Verizon Wireless pulls off the feat in its recent Father/Son commercial , in which subtitles translate the monosyllabic statements of a dad and grad. Created by McGarryBowen, the ad opens with the men shopping for a Droid cellphone. Dad: Congratulations. (Subtitle translation: I'm so sad you're leaving.) Son: Crazy, right? (Subtitle: Gonna be hard for me too.) After a salesclerk chimes in, Dad grunts, "Hmm" (translation: "You make me so proud")
BUSINESS
July 10, 2012 | By Salvador Rodriguez
Like all its other U.S. competitors, Verizon Wireless is having some difficulty with the launch of the Samsung Galaxy S III and will delay the phone's launch by two days. The delay of the flagship Samsung phone, which was supposed to launch from Verizon on Tuesday, is indicated by a change on the carrier's website, which now displays an "Available for purchase 7/12" tag after previously naming July 10 as the intended date. This change, though, appears to affect only the Verizon Samsung Galaxy S III's in-store launch.
BUSINESS
June 13, 2012 | By David Lazarus
It's a data-rich world and the wireless companies want you to live in it. But they also want you to play by a new set of rules. Verizon Wireless is the first major carrier to take the plunge. The company says it's ditching nearly all its existing phone contracts and replacing them with plans that encourage customers to connect their non-phone devices, such as iPads, to the Verizon network. Verizon's "Share Everything" plans will become available June 28. They include unlimited phone calls and texts and will start at $90 per month for one smartphone and 1 gigabyte of data.
BUSINESS
June 13, 2012 | David Sarno
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.
BUSINESS
June 12, 2012 | By Salvador Rodriguez
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...
ENTERTAINMENT
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.
BUSINESS
May 17, 2012 | By Salvador Rodriguez
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.
BUSINESS
April 24, 2012 | Bloomberg News
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.
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