Service revenues in the U.S. wireless industry declined 1 percent year-over-year in the second quarter, according to a report from industry analyst Chetan Sharma, following a decline in the first quarter, which has been the first decline in the history of the industry. However, Sharma points to signs of stabilization in the market as promotions faded.
Verizon Wireless has nearly 4 million customers using its Voice over LTE service, which it launched in September 2014, according to a senior Verizon executive. Although a tiny fraction of the 103.7 million total retail postpaid connections Verizon had at the end of the second quarter, it is the first time Verizon has disclosed how widely VoLTE has been adopted on its network.
Verizon Wireless' new pricing plans, in addition to doing away with subsidized smartphones and contracts, will likely boost profitability for the carrier, according to financial analysts.
Verizon Wireless is shaking up its shared data plan pricing, cutting both prices and access line charges for devices while eliminating some data tiers. The carrier said that its new rate plan structure will be simpler and appeal to the vast majority of its customers.
AT&T Mobility's Cricket Wireless prepaid brand said that as of yesterday it is offering unlimited voice and SMS messaging to and from Mexico. Later this month it will also add those features for Canada.
Comcast and Verizon Communications are discussing whether and how they should renegotiate a contract dating from 2011 that lets Comcast operate as an MVNO of Verizon Wireless, according to a Wall Street Journal article. The wireless industry has shifted significantly since the deal was struck, and Comcast is exploring how much flexibility it would have to sell shared data plans.
Verizon Wireless said that its subscribers will be able to access HBO Now, the offering from the premium TV network that lets customers access its content without a TV subscription. Verizon also said that HBO content, though not necessarily HBO Now, will be part of its over-the-the-top mobile video service, which is continuing to get fleshed out.
Verizon Wireless' forthcoming over-the-the-top mobile video service will be called "Go90" and will offer users both full episodes of TV shows from certain networks as well as music videos and other shorter pieces of content, according to a Variety report. The report, citing information from a pre-launch website for the service that was live but has since been taken down, said that initially the service will be entirely free of charge.
Verizon Wireless is not desperate for low-band spectrum and does not necessarily need to secure a trove of airwaves in next year's incentive auction of 600 MHz broadcast TV spectrum, according to Verizon Communications CFO Fran Shammo. The company may participate in the auction, but in the meantime, it is focused on densifying its network through small cells and refarming some of its 1900 MHz PCS spectrum.
T-Mobile US' new family plan promotion will likely put more pressure on its network capacity and speed up the timeframe for when it needs to make a deal with another company, according to financial analysts.