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.
Verizon Wireless updated its shared data plans, changing the name of the plans from "Share Everything" to "More Everything" and increasing the data allotments for some plans. The carrier is also giving a discount to customers who use its "Edge" handset upgrade program. Both changes are Verizon's latest response to an escalating price war among the Tier 1 carriers, sparked primarily by T-Mobile US.
According to a handful of reports, Verizon Wireless tomorrow plans to introduce its new "More Everything" plans, which will slightly increase the amount of data some subscribers can get per month and also will reduce monthly service prices for subscribers using Verizon's Edge handset upgrade program.
Verizon Wireless is eliminating its $35 activation fee for new customers who sign a two-year contract between now and Feb. 17. The no-activation promotion is just one of several offers the Tier 1 carrier has implemented recently and another sign of the growing competition among U.S. operators.
Executives at Sprint and SoftBank are reconsidering their plans to attempt a merger between T-Mobile US and Sprint in the wake of significant regulatory opposition to the proposed transaction, according to a new report from the Wall Street Journal.
Verizon will finally take the covers off its "One Verizon" initiative, a combination of Verizon Communications and Verizon Wireless, later this month. But what exactly will One Verizon do that Verizon Wireless and Verizon Communications cannot? Mike Dano, executive editor for FierceMarkets' Telecom Group, examines that question in his latest Editor's Corner.
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?
Verizon Wireless confirmed it is offering "loyalty" plans to customers in good standing in an attempt to ensure they remain with the carrier. Although Verizon declined to provide details on the exact offers it is making, evidence indicates the plans generally provide unlimited talking and texting and 2 GB of data for around $60 per month.
Verizon Wireless customers will get a $100 service credit if they activate a new smartphone with a two-year contract between now and the end of February, according to a post from the blog Android Central.