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NEWS ABOUT: Verizon

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iPhone Kills Carrier Profits

AT&T, Verizon, Sprint lose out by subsidizing Apple's cell phone

(Newser) - Apple's profits are soaring , but at the expense of cell phone carriers who subsidize iPhone sales. AT&T, Verizon, and Sprint all pay about $600 for iPhones that they resell to customers for $200. The carriers figure they'll make up the loss with monthly cell phone bills—but... More »

Verizon, Redbox Team Up to Take Down Netflix

New streaming venture announced, but few details given

(Newser) - Watch out, Netflix: Verizon and Redbox are teaming up. Verizon announced today it will enter the video streaming business in a joint venture with Coinstar, the parent company of Redbox DVD rental kiosks, Mashable reports. Verizon said the new service, which will also include access to DVD and Blu-ray discs,... More »

Verizon Scraps $2 Fee

'Convenience' charge dies a quick death amid outcry

(Newser) - About that new $2 "convenience fee" for Verizon Wireless customers: Never mind. The company backtracked quickly today and scrapped its plan to charge customers who make one-time payments online or by phone, reports the Wall Street Journal . Online petitions in protest sprang up immediately , and federal regulators said they... More »

Customers Not Happy About Verizon's New $2 Fee

Complaints flood Twitter

(Newser) - Will outraged consumers convince Verizon to backtrack on its newest fee , just as they did with Bank of America ? Perhaps: The New York Times notes that yesterday's announcement of the $2 fee, which will be levied against customers who make one-time bill payments using a credit or debit... More »

Verizon to Charge $2 for One-Off Payments

Subscribers get a new 'convenience fee'

(AP) - For those complaining that their cellphone bill is just too darn cheap: Verizon Wireless, the country's largest cellphone company, is introducing a $2 fee for every payment subscribers make over the phone or online with their credit cards. The company says this "convenience fee" will be introduced Jan.... More »

Verizon 'Emergency' Text Spooks New Jersey

Customers ordered to 'take shelter now,' but it's just a test

(Newser) - Verizon sparked panic in central New Jersey yesterday by sending thousands of customers a text message reading: "Civil Emergency in this area until 1:24 PM EST Take Shelter Now US Govern." Verizon says the message, which caused 911 dispatchers to be swamped with calls, was part of... More »

Verizon Plans Netflix Rival

Could be available sometime next year

(Newser) - As if Netflix's year hasn't been tough enough. The streaming movie company may soon face a new rival in the form of a Verizon online video service, Reuters reports. The service would be available to 85 million households outside Verizon's current FIOS broadband and cable markets, and... More »

Verizon Deal With Cable TV Could Be Game-Changer

... if regulators approve pact with Time-Warner, Comcast

(Newser) - A new $3.6 billion deal between Verizon and three major cable TV companies is threatening to change a fierce rivalry between competitors into a partnership that critics fear would restrict consumer choice, reports the Washington Post . Mobile service, Internet, and cable TV providers have been locked in an intense... More »

How Wireless Companies Rip You Off

...and what the FCC can do about it

(Newser) - Wireless carriers call for minimum regulations on their industry, claiming their market is competitive. But with consumers bound by two-year contracts, it’s easy for companies like Verizon and AT&T to take advantage. It’s time for the FCC to get serious about protecting wireless users, the editors of... More »

iPhone 4S Pre-Orders Sell Out in 12 Hours

AT&T reports 200K orders, calls sales strong

(Newser) - The just-announced iPhone 4S may not be an iPhone 5 , but it is still another big hit for Apple, which sold out its pre-orders in just 12 hours, reports the International Business Times . AT&T alone reported more than 200,000 pre-orders, saying it was the most successful iPhone launch... More »

Many Firms Pay CEOs More Than the Taxman

Liberal think tank singles out 25 of the 100 highest-paid execs

(Newser) - Many in Washington are calling for lower corporate taxes, but many US corporations have now become so adept at dodging the taxman that they’re paying their CEOs a lot more than Uncle Sam, according to a new study from a liberal think tank. The study found that 25 of... More »

Striking Verizon Employees Will Return to Work

They will be back Tuesday as labor talks continue

(AP) - Ten of thousands of Verizon telecom workers will return to work Tuesday after a strike that lasted about two weeks. The Communication Workers of America and the International Brotherhood of Electrical Workers issued a statement saying they have agreed to come back to work while they continue to negotiate with... More »

45K Verizon Workers Strike

Telecom wants cutbacks, but workers say company still profitable

(Newser) - About 45,000 Verizon workers from the landline side of the telecom's mid-Atlantic and northeast regions went on strike today, the first such walkout in 11 years, reports the Wall Street Journal . Verizon is seeking concessions from its two major unions in the face of declining landline revenues, thanks... More »

Verizon Ditching Unlimited Data Plans

New customers to be offered only tiered plans

(Newser) - Verizon is becoming the latest carrier to scrap unlimited data plans in favor of tiered ones. As of tomorrow, new Verizon customers will be offered options ranging from $30 for 2 GB per month to $80 for 10 GB per month, Fierce Wireless reports. Existing customers will be allowed to... More »

Google Unveils 'Chromebooks'

New laptops go on sale in June, priced from $349 to $499

(Newser) - The first laptops running Google’s Chrome OS will hit in June, the company announced yesterday, in an announcement it’s spent two years building up to. The first models will be manufactured by Acer and Samsung and priced $349 to $499, the Wall Street Journal reports. Google won’t... More »

AT&T's New Activations Fall Off a Cliff

Numbers suggest more new subscribers turning to Verizon

(Newser) - The fallout has begun: Now that Verizon is selling the iPhone, AT&T's new contract-based subscribers have dropped off dramatically. New subscribers on contract-based plans bring in the most revenue each month, and there were only 62,000 in the first quarter—a record low, the AP notes. One... More »

Verizon Drops 'Can You Hear Me Now' Guy

Actor Paul Marcarelli breaks his silence

(Newser) - Verizon's iconic "Test Man" ad character is being dropped after nearly a decade—and after being silent for much of that time, actor Paul Marcarelli is finally talking. Marcarelli, who said "Can you hear me now?" in hundreds of ads, says the company let him know last... More »

It's Official: Verizon iPhone Drops Fewer Calls

AT&T users suffer 4.8% drop rate vs. 1.8% for Verizon

(Newser) - The marketing hype is apparently true: The Verizon iPhone drops way fewer calls than AT&T’s, an independent study finds. In a survey of 4,068 iPhone users, those on Verizon dropped calls at a 1.8% rate, while those on AT&T lost them 4.8% of the... More »

Verizon iPhone Has Antenna Trouble, Too

Consumer Reports: It drops calls if held in a certain way

(Newser) - Remember the "you're holding it wrong" problem of last year that led to dropped calls on iPhones? Well, it applies to the new Verizon version, too, says Consumer Reports in a blog post . The magazine generally loves the phone but won't recommend it because of the antenna issue. "... More »

Four Years Later, 4 States Finally Get the iPhone

Montana, Dakotas, Wyoming aren't served by AT&T

(Newser) - For four years, residents of Montana, the Dakotas, and Wyoming were permanent wallflowers at the iPhone prom: AT&T doesn't serve those states, making them one giant dead zone. Today, Verizon starts selling the iPhone in the region, ending a long and painful wait for gadget lovers. “I remember... More »

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