Verizon Wireless connects first call using next-generation network, to go commercial in 2010

September 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.

September 23rd, 2009 Verizon Wireless to support e-book readerNEW YORK — Verizon will be providing wireless book downloads for an electronic reading device, joining AT&T and Sprint in supporting electronic books. IREX Technologies, a Dutch company, said Wednesday that it would start selling an e-book reader this fall for $400.

September 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.

July 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.

July 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.

July 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.

July 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.

July 27th, 2009 Verizon 2Q profit falls, tops view, plans job cutsNEW YORK — Cost-cutting at Verizon Communications Inc.'s wireline business failed to keep pace with falling revenues as the nation's largest wireless carrier reported a 21 percent drop in second-quarter profit and announced further job cuts. The company said Monday it will cut more than 8,000 employee and contractor jobs before the end of the year in the wireline business, speeding up its efforts to keep costs in line, according to chief financial officer John Killian.

July 23rd, 2009 Earnings Preview: Verizon to report 2Q resultsNEW YORK — Verizon Communications Inc. is scheduled to report second-quarter results Monday morning.

July 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.

July 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.

July 6th, 2009 WSJ: Justice Dept. reviewing big telecomNEW YORK — The Justice Department is starting a review of whether the largest U.S.

May 13th, 2009 Cisco to supply Clearwire with WiMax devicesNEW YORK — Clearwire Corp., which is building a nearly nationwide wireless data network, says Cisco Systems Inc. has agreed to make devices that can use that network.

May 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.

April 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.