Verizon posted a 21 percent gain in its second-quarter profit thanks to a one-time benefit from the recalculation of its pension plan and continued strength in its wireless business. Big Red posted a second-quarter profit of $5.2 billion, or 78 cents a share, compared with a year-earlier profit of $4.29 billion, or 64 cents a …
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Verizon CFO confirms Edge, another early upgrade plan
Verizon Wireless is jumping on the early upgrade bandwagon too. Related stories When Does My Phone Unlock? And How Can I Get My Carrier to Do It? Best Internet Providers in Chicago Verizon 5G Home Internet Review: Fast Enough for Phones, but How About Your Home? Could 5G Home Internet Be the Solution to Your Broadband Needs? Galaxy S22 Deals: …
Read More »Verizon unveils Edge, its own pricey early upgrade plan
It didn’t take long for Verizon Wireless to jump into the early upgrade game. A little more than a week after T-Mobile unveiled its Jump program and two days after AT&T debuted Next, Verizon on Thursday announced Edge, its own no-contract plan that enables customer to upgrade to a new phone after only six months. Verizon Chief Financial Officer Fran …
Read More »Verizon sells 3.87M iPhones in Q2
Verizon Wireless sold roughly 3.87 million iPhones in the second quarter, according to Verizon Chief Financial Officer Fran Shammo. Related stories When Does My Phone Unlock? And How Can I Get My Carrier to Do It? Best Internet Providers in Chicago Verizon 5G Home Internet Review: Fast Enough for Phones, but How About Your Home? Could 5G Home Internet Be …
Read More »AT&T moves in on Verizon’s ‘most reliable network’ claim
AT&T is looking to nudge Verizon Wireless off its perch. The Dallas company’s latest advertisement touts not only the nation’s fastest network, but also “the most reliable.” The advertisement represents more than the usual boisterous rhetoric and cuts at the heart of what has been the key advantage for Verizon: the dependability of its network. While AT&T spent years dealing …
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The claws are out now. T-Mobile CEO John Legere fired back at AT&T’s new early upgrade plan, calling it “smoke and mirrors” and a “poor copycat,” and warned that customers pay more and end up getting less than what T-Mobile’s Jump plan has to offer. “Their offer is terrible for consumers,” Legere told CNET in an email on Tuesday. Earlier …
Read More »Verizon teases event for July 23; new Droids to be unveiled?
It’s Verizon Wireless’s turn to show off its next big smartphone. The nation’s largest carrier just sent out invitations to an event on July 23. Verizon promised to show off “the next generation of their most popular family of devices.” While the invitation was light on the specifics, it’s almost certainly going to be the next round of Droid smartphones. …
Read More »Time Warner Cable, Cablevision light up NYC parks with Wi
Time Warner Cable and Cablevision are bulking up the Wi-Fi service at New York City parks. New York City said on Tuesday that it had partnered with the two cable providers to deliver Wi-Fi hotspots throughout parks in the five boroughs. The agreement includes a $10 million investment fund for Wi-Fi deployment in parks and public spaces. The cable companies …
Read More »AT&T gets in on no
AT&T isn’t going to let T-Mobile steal all of the spotlight when it comes to big shake-ups to its plans. The Dallas telecommunications provider unveiled AT&T Next, a new program for customers that allows them to pay for their own smartphones in monthly installments, and enables an annual upgrade to a smartphone or tablet. Related stories When Does My Phone …
Read More »Will AT&T finally get serious about prepaid with Leap deal?
AT&T’s $1.2 billion acquisition of regional prepaid carrier Leap Wireless suggests it may be moving into the no-contract business in a big way. But the deal may ultimately end up being a spectrum land grab by AT&T, which has shown an eagerness to shore up its war chest of wireless licenses. Related stories When Does My Phone Unlock? And How …
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