Verizon Communications was opened up to the possibility of selling its wireless towers because of AT&T's agreement last year to sell and lease 9,700 of its cell towers to Crown Castle in a $4.85 billion deal, according to Verizon Communications CFO Fran Shammo. Financial analysts think that Verizon has around 12,500 to 15,000 towers and could be looking to sell a substantial portion of those.
Verizon Wireless is talking to content owners about the possibility of delivering their content over its LTE multicast network, but the sticking point appears to be the business model. Speaking at the 2014 Bank of America Merrill Lynch Media Communications and Entertainment Conference, Verizon Communications CFO Fran Shammo said that the company is currently talking to content providers but that there is "lots of work to be done on that ecosystem."
Verizon Wireless plans to introduce Wi-Fi calling in the middle of next year but does not see an urgent need for it, according to Verizon Communications CFO Fran Shammo.
Verizon Wireless started rolling out Voice over LTE service nationwide but is initially making VoLTE available on only two smartphones: the Samsung Galaxy S5 and LG G2. The carrier had promised that a " robust " lineup of devices would come with its VoLTE launch, and vowed that more will come soon.
Apple said it took a record 4 million preorders for its iPhone 6 and 6 Plus in the first 24 hours of availability, which started last Friday. The company did not say how many preorders it took during the first weekend of preorder sales; retail sales for the phones start Sept. 19.
Verizon CEO Lowell McAdam said the carrier's wireless postpaid retail net additions have grown 40 percent so far during the third quarter when compared with last year's period, when the company posted 927,000 additions. However, he said the carrier's margins will be pressured in the third quarter due to surprisingly sluggish sales of Verizon's handset upgrade program, called Edge.
LAS VEGAS--Now that Apple's iPhone 6 and 6 Plus have been announced, U.S. carriers are getting down to brass tacks to try to take advantage of consumer excitement. The launch is shaping up to be the most dynamic, unpredictable and hard-hitting iPhone release U.S. carriers have ever seen.
Sprint is trying to make the most of Apple's launch of the iPhone 6 and 6 Plus by introducing a $50 unlimited plan for customers who buy one of the new phones. The plan is likely the opening salvo in a battle carriers will engage in over the next several weeks to retain and attract new iPhone customers.
LAS VEGAS--It's a new day in the wireless industry. This year's Super Mobility Week is ground zero for a battle among the new guard in the wireless industry. Three of the nation's top four wireless carriers have relatively new CEOs, and attendees here at this fall show are getting a front-row seat to the opening bouts of what promises to be an interesting confrontation among them.
LAS VEGAS--Verizon Wireless is testing LTE delivered over unlicensed spectrum as a complement to LTE over its licensed spectrum, said Mike Haberman, the operator's vice president of network support, during FierceWireless breakfast panel on "The 5G Roadmap: How do we plan for tomorrow's wireless networks?"