Verizon Wireless could potentially tap new business models thanks to LTE Multicast technology, though it will take a few years for customers to take advantage of it on a widespread basis, according to a top Verizon executive.
Verizon Communications' new product development group will focus on combining the company's wireless and wireline assets in areas including video and security, according to Verizon Communications CEO Lowell McAdam.
Verizon Communications and AT&T may be the next major telecommunications and broadband providers to strike interconnection agreements with Netflix similar to the one the streaming video service recently inked with Comcast. The deal with Comcast has sparked worries that net neutrality may be undermined as a result because Netflix will pay Comcast for faster and more reliable access to Comcast's customers.
On the heels of Verizon Communications' close of its $130 billion purchase of Vodafone's 45 percent stake in Verizon Wireless, the company announced today that it is forming a new product development and management group that will be headed by Marni Walden, formerly the COO of Verizon Wireless.
Verizon Communications and Google are two behemoths in the corporate world, and in telecommunications and the Internet economy. However, a merger between the two of them in the next few years is not so far-fetched, according to an opinion column from FierceCable Editor Steve Donohue.
On Feb. 21, Verizon Communications expects to close the world's biggest financial transaction in more than a decade: The $130 billion acquisition of Vodafone's 45 percent stake in Verizon Wireless. Verizon CEO Lowell McAdam has said "One Verizon" will arise out of the combination of Verizon Communications and Verizon Wireless. But what exactly will One Verizon do that Verizon Wireless and Verizon Communications cannot?
As expected, Verizon Communications and Vodafone shareholders approved an agreement for Verizon to buy Vodafone's 45 percent stake in Verizon Wireless for $130 billion. With the deal sailing toward a closing date next month, attention is now turning to what Verizon plans to do with full control of its lucrative wireless asset and what might change.
A federal appeals court struck down key parts of the FCC's net neutrality rules, dealing a blow to the commission as it seeks to regulate more of the broadband arena. The ruling comes as wireless carriers have started to experiment with new business models for paying for mobile data and content.
Verizon Communications' FiOS TV will launch an app on Microsoft's Xbox One gaming console that is set to make its retail debut Nov. 22. The app is one of 19 entertainment apps set to launch on the Xbox One between Nov. 22 and spring 2014 but is the only pay-TV provider app announced so far.
AT&T is exploring plans for a potential takeover of Vodafone sometime next year, according to a Bloomberg report, adding further fuel to the idea that AT&T is interested in a major deal with a European operator.