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.
AT&T Mobility said it will offer LTE roaming services in 13 additional countries, bringing the total number to 15 and easily outclassing all other U.S. carriers. No other U.S. carrier has yet announced an international LTE roaming agreement.
The recent burst in wireless plan revisions reminds us that change and expanded consumer choices have become defining characteristics of the U.S. mobile market place. As illustrated in the chart below, carriers are engaging in an intense back and forth of response and counter-response on everything from their shared data plan offerings to device upgrades to handset financing.
Vodafone completes the transaction on Friday Feb. 21 to sell its 45 per cent stake in Verizon Wireless for the princely sum of $130 billion (€94.8 billion), completing one of the most anticipated and hotly debated transactions in its history.
According to a new report from OpenSignal, T-Mobile US' LTE network provides the fastest average download speeds at 11.5 Mbps. Those speeds were faster than the 9.12 Mbps that AT&T Mobility provided, the 7.82 Mbps that Verizon Wireless provided, and the 4.32 Mbps that Sprint provided.
BendBroadband informed customers that it will shutter its LTE-based wireless broadband and phone service by mid-summer and said it has already agreed to sell its spectrum to a third party it declined to name.
While the CEO may be the face and voice for any wireless company, a number of executives are working behind the scenes and taking the risks to develop new products and create new business units. FierceWireless highlights these rising stars and others in the wireless industry for 2014 in its fifth annual Rising Stars in Wireless feature. Read more
T-Mobile US confirmed to FierceWireless it will change its "Jump" handset upgrade program to remove a limit on how many times customers can upgrade their phone. The plan will also now include tablets. The tweaks are the latest salvo in an ongoing battle among the Tier 1 carriers to keep customers and get them to switch by lowering prices or offering credits.
Comcast's just-announced $45.2 billion merger with Time Warner Cable could open the door for SoftBank CEO Masayoshi Son to push more forcefully for deal between Sprint and T-Mobile US. The Comcast-TWC merger might also benefit Verizon Wireless, which has been reselling services with each of the cable companies.
Verizon Wireless is reorganizing its call centers and closing some facilities, meaning 3,000 workers will need to either apply for different jobs, relocate or take a buyout package. An additional 2,200 workers are being shifted to locations nearby the ones that are being closed.