Verizon has introduced its new "double up" promotion as a way to drive more of its customers to bundle FiOS with its growing 4G LTE wireless service. Having closed its acquisition of Vodafone's piece in Verizon Wireless last month, the promotion is one of many new marketing initiatives combining its wireless and wireline divisions.
Verizon Communications has made it clear that it won't bring FiOS to any new markets, but CFO Fran Shammo told investors it would consider expansions once the current buildouts have given it the best return on its investment.
Comcast Cable President-CEO Neil Smit said today that things will start to move fast once the communications giant has the OK to acquire Time Warner Cable because, among other things, "we are very well aligned."
Verizon launched a promotion called "double up," which is aimed at driving sales of FiOS triple-play bundles and smartphones that run on its 4G network.
Local TV stations would be prohibited from teaming up to negotiate retransmission-consent agreements with pay-TV distributors, under a proposal FCC chairman Tom Wheeler announced Thursday.
Verizon is passing the leadership torch in its global wholesale division by promoting Eric Cevis as the unit's new president. Prior to his new role, he most recently served as the senior vice president of sales for Verizon's Americas wholesale sales unit.
Verizon Communications' enterprise business continues to weather a challenging economic time, but according to CEO Lowell McAdam, cloud, machine to machine and security represent large opportunities for the telco.
Verizon CEO Lowell McAdam said he has had discussions with the CEOs of major content providers about launching an over-the-top pay-TV service which would rely on either a "bring your own broadband" model or Verizon's LTE network.
Orange Business has regained its standing as the top global Ethernet provider from BT Global Services on Vertical Systems Group's 2013 Global Provider Ethernet Leaderboard.
Verizon insists that despite recent reports it has no plans today or in the future to limit the amount of bandwidth that its FiOS customers use every month.