Verizon CFO speaks out against ending subsidies for mobile phones

Verizon CFO speaks out against ending subsidies for mobile phones

Verizon Communications Chief Financial Officer Fran Shammo talked during a a Deutsche Bank conference about phone subsidies and the mobile phone industry in the United States. According to CNET, Shammo claims the carrier subsidy model, which allows customers to pay less for a phone in exchange for a two-year customer agreement, is not likely to change anytime soon.

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AT&T tops J.D. Power wireless purchase experience survey

AT&T tops J.D. Power wireless purchase experience survey

J.D. Power today released the results of its Wireless Purchase Experience Survey, where over 8,500 wireless subscribers were asked about their purchase experience with carriers and retailers.

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Verizon launches new ‘MORE Everything’ Plans; offers more data on select plans, 25GB of cloud storage

Verizon launches new ‘MORE Everything’ Plans; offers more data on select plans, 25GB of cloud storage

As expected, Verizon has just introduced its new “MORE Everything” plans, which it claims will give users twice the data on select plans, 25GB of cloud storage, unlimited international messaging and double the bandwidth.

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Verizon to unveil new ‘More Everything’ plans on February 13

Verizon to unveil new ‘More Everything’ plans on February 13

Verizon isn’t standing by idly while T-Mobile and AT&T change their cellular plans to attract new customers. According to Droid Life, Verizon Wireless will unveil new “More Everything” plans that’ll boost the data allotment for select customers at no extra cost. Besides increasing the data, Verizon is also bundling free 25GB of cloud storage, and unlimited international messaging.

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Verizon activates 8.8 Million smartphones in 4Q 2013, but doesn’t reveal iPhone activations

Verizon activates 8.8 Million smartphones in 4Q 2013, but doesn’t reveal iPhone activations

Verizon Communications today announced its financial results for the fourth quarter of 2013, posting strong numbers including a profit of $7.9 billion, revenues of $31.07 billion, and 8.8 million smartphone activations.

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Court strikes down FCC’s net neutrality rules, puts “Open Internet” at risk

Court strikes down FCC’s net neutrality rules, puts “Open Internet” at risk

A Washington court today stuck down FCC’s set of net neutrality rules that forbid Internet Servce Providers like Verizon from treating traffic on its network unequally.

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T-Mobile to acquire 700 MHz spectrum from Verizon Wireless

T-Mobile to acquire 700 MHz spectrum from Verizon Wireless

T-Mobile and AT&T have been trading barbs over pricing and customer plans. Now T-Mobile is cavorting with one of AT&T’s largest rivals — Verizon Wireless.

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Wireless carriers, FCC ink deal that’ll make it easier to unlock a mobile phone

Wireless carriers, FCC ink deal that’ll make it easier to unlock a mobile phone

Federal Communications Commission Chairman Tom Wheeler announced today that the agency has reached a deal with wireless carriers that’ll make it easier for consumers to unlock their mobile phones. This news was reported by Reuters shortly after the FCC statement was released.

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Verizon triples 4G LTE capacity in some US cities, bumps speeds to as much as 80 Mbps

Verizon triples 4G LTE capacity in some US cities, bumps speeds to as much as 80 Mbps

Verizon has rolled out a much more improved 4G LTE network in select US cities that triples network capacity and improves speeds to as much as 80 Mbps.

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Verizon Activated 3.9 Million iPhones In Q3 2013, up 26 percent compared with Q3 2012

Verizon Activated 3.9 Million iPhones In Q3 2013, up 26 percent compared with Q3 2012

Verizon – Apple’s iPhone carrier partner in the U.S. has announced earnings for the third quarter of 2013.

Verizon reported operating income of $7.1 billion in the third quarter 2013, or 78 cents a share, up from $5.5 billion, or 56 cents a share, a year earlier. Revenues increased by 4.4 percent to $30.3 billion.

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