Verizon Wireless confirmed that tomorrow the carrier will launch a prepaid plan that includes 500 minutes and unlimited mobile web and texting. The plan will go for $35 per month and will only be available on basic phones.
The FCC said it will hold a workshop on May 3 to discuss the technical details of the proposed spectrum band plan that will result from its planned incentive auctions of 600 MHz broadcast TV spectrum, which are scheduled to start next year.
Verizon Communications CEO Lowell McAdam said Verizon Wireless could easily drop wireless contracts in the wake of T-Mobile USA's decision to do so--if consumers start asking for it. His comments reiterate what other top industry executives have said: That they will be watching to see how the market reacts to T-Mobile's new model and will respond accordingly.
Vodafone's shares slipped more than 3 per cent after the company and Verizon Communications denied a report about plans to break up the UK-based operator.
Verizon Communications quashed a report that it plans to make a bid for Vodafone's assets with AT&T in a deal valued at $245 billion. However, Verizon reiterated it still has an interest in buying Vodafone's 45 percent stake in Verizon Wireless.
During the past several weeks, publicly traded companies in the wireless industry revealed how much they pay their CEOs. The following lists the highest paid executives in wireless.
Verizon Wireless finalized the purchase of Mohave Wireless from Frontier Communications and Rio Virgin Telephone, which had been running the carrier. Financial terms of the deal were not disclosed.
AT&T reaffirmed its plans to launch HD Voice service on its LTE network this year, but other Tier 1 carriers are not rushing to embrace the technology. Verizon Wireless, for example, will not push HD Voice through its Voice over LTE technology until late in 2013 or early 2014.
The Vodafone rumor mill keeps turning, with Verizon Communications and AT&T considering a joint bid for most of Vodafone's assets in a deal valued at $245 billion, according to a Financial Times report.
Google's Android mobile operating system led U.S. smartphone sales during the three-month period ending in February 2013, buoyed by gains made by partners Samsung Electronics and Sprint Nextel, research firm Kantar Worldpanel ComTech reports.