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.
Verizon launches new ‘MORE Everything’ Plans; offers more data on select plans, 25GB of cloud storage
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.
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.
Verizon â€“ Appleâ€™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.