Verizon Wireless, Google team up to develop new Android smart phones, tackle iPhone challengeOctober 6th, 2009 Verizon Wireless, Google to hunker down on phonesNEW YORK — Verizon Wireless and Google Inc. are teaming up to tackle the challenge posed by the iPhone, saying they will collaborate closely to create wireless devices that use Google's software.
Verizon Wireless discontinues the $150 'Hub,' a home phone with a touch screenSeptember 30th, 2009 Verizon discontinues 'Hub' touch screen home phoneNEW YORK — Verizon Wireless is pulling the "Hub," an Internet-connected home phone with an iPhone-like touch screen, after just eight months on the market. The carrier stopped selling the phone this week, but will continue to support ones already bought, Verizon Wireless spokeswoman Debra Lewis said Wednesday.
Navy awards $60 million cell phone contract to AT&T, Sprint Nextel, VerizonSeptember 21st, 2009 Navy awards $60M deal to 3 wireless providersWASHINGTON — The Navy awarded a bundled $60 million contract to AT&T Inc., Sprint Nextel Corp. and Verizon Communications Inc.
Verizon Wireless connects first call using next-generation network, to go commercial in 2010August 14th, 2009 Verizon Wireless uses new network for first timeNEW YORK — Verizon Wireless says it has completed the first calls using a brand-new network that's planned to go live next year, offering faster Internet speeds. The calls were made Friday in Boston and earlier in Seattle, using cell-tower equipment from Alcatel-Lucent and LM Ericsson AB.
Verizon 2nd-quarter profit falls 21 percent, narrowly beats Wall Street expectationsJuly 27th, 2009 Verizon 2Q profit falls, but beats expectationsNEW YORK — Verizon Communications Inc., the nation's largest wireless carrier, said Monday its second-quarter profit fell 21 percent as cost-cutting in its wireline business failed to keep pace with falling revenues. The earnings narrowly beat Wall Street expectations, and Verizon said demand for cell phones and its new home TV service were holding up well in the recession.
Verizon 2nd-quarter profit down 7 percent, but matches Wall Street expectationsJuly 27th, 2009 Verizon 2Q profit falls, but matches expectationsNEW YORK — Verizon, the nation's largest wireless carrier, says its second-quarter profit fell 7 percent as rising costs outstripped an increase in sales. Its results are in line with Wall Street expectations.
Verizon to cut 8,000 employee and contractor jobs, won't be hiring much until recession endsJuly 27th, 2009 Verizon to cut 8,000 jobsNEW YORK — Phone company Verizon says it will cut 8,000 jobs from among employees and contractors before the end of the year to keep costs in line as the recession saps demand from businesses for telecommunications services. Executives said the cuts will come from the wireline side of the business.
Verizon gives free Wi-Fi to some Internet customers with Windows PCsJuly 27th, 2009 Verizon gives free Wi-Fi to Internet customersNEW YORK — Verizon is giving some of its home broadband customers free access to thousands of Wi-Fi hotspots in airports and other public places, taking a page from competitors that already offer wireless Internet access. The offer excludes Verizon Communications Inc.
Verizon to report 2nd-quarter results after lackluster quarter for the stockJuly 23rd, 2009 Earnings Preview: Verizon to report 2Q resultsNEW YORK — Verizon Communications Inc. is scheduled to report second-quarter results Monday morning.
Verizon Wireless offers smaller carriers a faster jump at exclusive handsetsJuly 17th, 2009 Verizon offers small carriers fresher handsetsNEW YORK — Verizon Wireless is offering small cellular carriers a chance to get new phone models faster. Like other large carriers, Verizon Wireless sometimes exclusively locks up new models for six months to a year.
New Tracfone brand experimenting with cheap 'unlimited' access to Verizon Wireless networkJuly 15th, 2009 Tracfone tests cheap unlimited plan on VerizonNEW YORK — Tracfone Wireless, the country's largest provider of "prepaid" cell phones, is quietly testing a new service that appears to be a response to the fierce price competition in the prepaid market. Since June, Tracfone has been selling unlimited calling and texting for $45 per month under the "Straight Talk" brand, and 1,000 minutes and 1,000 text messages per month for $30.
Verizon Wireless lays off 50 former Alltel workers in Arkansas, part of 80 cut companywideJuly 9th, 2009 Verizon Wireless lays off 50 former Alltel workersLITTLE ROCK, Ark. — Verizon Wireless has laid off 50 workers in Arkansas who were part of the former Alltel Corp., which Verizon acquired in January.
Report: Justice Department starting antitrust review of AT&T, VerizonJuly 6th, 2009 WSJ: Justice Dept. reviewing big telecomNEW YORK — The Justice Department is starting a review of whether the largest U.S.
AT&T gets some Verizon Wireless territories; more than 1 million subscribers affectedMay 9th, 2009 AT&T to buy territories from Verizon for $2.35BNEW YORK — AT&T Inc. said Friday it will buy the assets of Verizon Wireless in 79 mainly rural areas for $2.35 billion, a deal that will affect more than 1 million subscribers.
Verizon 1st-quarter profit, revenue beat expecationsApril 27th, 2009 Verizon 1st-qtr profit, revenue beat expectationsNEW YORK — Verizon Communications Inc. said Monday its earnings grew 5 percent in the first quarter, boosted by its acquisition of Alltel Corp.
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