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.
Can you read me now? Verizon Wireless to support e-book reader from IREXSeptember 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.
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 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 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 2Q profit falls 21 pct, narrowly beats expectations, plans to cut 8,000 jobsJuly 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.
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 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 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.
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.
Verizon, Alltel to refund millions to Fla. customers for unwanted third-party cell chargesJune 24th, 2009 Verizon, Alltel to refund mystery charges in Fla.TALLAHASSEE, Fla. — Verizon and Alltel have agreed to refund an estimated $30 million to Florida cell phone customers billed for unwanted third-party services including ringtones, music and horoscopes.
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.