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.
New regulations could emerge from FCC inquiries into competition and innovation in wirelessAugust 27th, 2009 FCC inquiries could spawn new wireless regulationsWASHINGTON — The Federal Communications Commission is taking a closer look at the practices of the wireless industry, potentially the first step toward more regulations intended to push down prices and increase choices for consumers. At its first meeting with all five commissioners seated since the inauguration of President Barack Obama, the FCC voted unanimously Thursday to open an inquiry into the state of competition in the wireless industry.
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.
T-Mobile adds net 325,000 subscribers in second quarter, mostly prepaidAugust 6th, 2009 T-Mobile adds 325,000 net subs, mostly prepaidNEW YORK — T-Mobile USA, the fourth-largest wireless carrier in the country, says it added a net 325,000 subscribers in the second quarter, with most of them choosing to prepay rather than sign two-year contracts. The news cements this year's trend in wireless: The two biggest, Verizon Wireless and AT&T Inc., are attracting the valuable contract-signing customers, while Sprint Nextel Corp.
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.
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.