Verizon today introduced the 4G LTE Broadband Router with Voice, a broadband router that combines voice and data connectivity over Verizon’s reliable networks in one package. The new router arrives with three monthly plans to choose from: Voice-only ($20), Data-only ($20), or Voice and Data ($30), when added to a Share Everything Plan.
Verizon seems happy to stay out of the current wireless industry consolidation climate. Discussing the topic at the Goldman Sachs Communacopia Conference, Verizon Communications CEO Lowell McAdam seemed comfortable with his company’s lead over its competitors. In network terms, McAdam put Verizon three to four years ahead of Sprint and T-Mobile and a year ahead of fellow heavyweight AT&T.
Apple’s record-setting iPhone weekend lead to a large amount of new activations on U.S. carriers, with the lion’s share going to AT&T and Verizon. Localytics estimates the iPhone 5S and 5C now represent 1.36 percent of all activated iPhones in the U.S. across the four big carriers. Of those new iPhones, about 49 percent jumped on AT&T and more than 37 percent started up on Verizon, accounting for nearly 87 percent of the total.
Analysts are mixed on how good the weekend sales for the new iPhones could be. As Barron’s points, BMO Capital Markets see Apple selling far fewer than the 6 million iPhone 5 units sold during the launch weekend last year. But RBC Capital thinks Apple will easily match that total with this year’s two new models.
In the ongoing battle over the regulation of cellphone unlocking, the National Telecommunications and Information Administration (NTIA) yesterday petitioned the FCC to require wireless carriers to unlock mobile phones, tablets and other device for use with other carriers upon request.
T-Mobile and Verizon are likely to be mismatched rivals once the FCC’s 600 MHz incentive auctions roll around next year but for now the carriers are teaming up to advocate a band plan. In an FCC filing, T-Mobile and Verizon both pushed for the Commission to adopt a “down from channel 51” for the incentive auctions.
Sprint might finally be caving and offering an early device upgrade plan that will match up against plans the rest of the big four U.S. carriers have already rolled out. Sprint’s plan, dubbed “One Up,” will reportedly launch Sept. 20. CNET has screenshots that seem to compare Sprint’s “One Up” program with AT&T’s Next, Verizon’s Edge and T-Mobile’s Jump.
Oceanic Time Warner Cable today announced that the company has begun deployment of TWC WiFi, a statewide WiFi Hotspot network for its customers. Access to the TWC WiFi network is free to Oceanic Time Warner Cable customers with Standard Internet or above and to Oceanic Time Warner Cable Business Class Internet customers.
T-Mobile is offering Apple’s new rainbow-friendly iPhone 5C for zero down and 24 monthly payments of $22. That comes out to $528, a good discount off the device’s $550 unsubsidized price tag. Sprint has also chosen to offer the 16 GB iPhone 5C for zero down and the 32 GB for $99, both with a two-year agreement.
Following the announcement in January of a $1.9 billion deal to acquire spectrum licenses from Verizon, AT&T confirmed that the deal has been finalized. AT&T gets 39 lower 700 MHz B Block licenses reportedly covering 42 million people in 18 states—California, Colorado, Florida, Idaho, Illinois, Louisiana, Montana, New Mexico, New York, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Utah, Virginia, Washington and Wyoming.
Verizon needs to raise $130 billion to fund its acquisition of Vodafone’s stake in Verizon Wireless and the carrier could be planning a huge $50 billion bond sale for part of the bill. The Financial Times [sub. req.] spoke with people familiar with the deal who see Verizon in the next few weeks selling bonds with maturities reaching up to 100 years.
Bloomberg spoke with CEO Lowell McAdam and he confirmed Verizon would not be heading into the Great White North. As the same report points out, Canadian analysts are expecting a huge sigh of relief from big incumbent Canadian carriers Rogers, Telus and Bell to go along with big stock boosts for all three.
With the valuation of Vodafone’s stake being floated around $130 billion, it’s lead many to believe Verizon might lack the extra funds to enter the Canadian market, whether via a spectrum buy or acquisition. As Barron’s points out, Verizon might see trying to break into Canada as an unneeded distraction from its higher-priority plans to secure Vodafone’s share of Verizon Wireless.
Vodafone has confirmed that it is in talks to sell Verizon its 45 percent stake in the Verizon Wireless joint venture. Vodafone cautioned, however, that a deal is not a certainty. Bloomberg reports that the carriers have valued Vodafone's share of the company at $130 billion
Much to the dismay of the major Canadian wireless carriers, a new report suggests that doing away with all penalizing rules on any carriers, both foreign and domestic, in the country's upcoming spectrum auctions will actually improve overall competition...
Qualcomm Incorporated today announced that it has signed a definitive agreement to sell Omnitracs, Inc., a subsidiary of Qualcomm Incorporated, to Vista Equity Partners, a U.S.-based private equity firm. Subject to the terms and conditions of the definitive agreement, Vista will purchase Omnitracs for $800 million in cash.
Cox Business today announced a strategic partnership with ViaWest, a colocation services provider in North America, to offer commercial customers secure fiber network connectivity along with compliant colocation and cloud infrastructure solutions.
Wavelink, a business unit of LANDesk Software, today announced the release of Wavelink Terminal Emulation (TE) for iOS. TE for iOS provides secure data and host application access for iOS mobile device users. This latest installment of TE follows previously announced support for the Android platform.
In the past three years, wholesale connections stemming from mobile virtual network operators (MVNOs) and M2M have climbed by 30 million to hit 70 million across six top carriers. According to new numbers from GSMA Intelligence, the group including AT&T, T-Mobile, Sprint, US Cellular, Clearwire and Verizon Wireless has seen combined total connection gains of 20 percent over the last two years.
Verizon Wirelesshas put the brakes on its move to acquire a pair of smaller Canadian carriers, Wind and Mobilicity. Verizon had reportedly already made a $700 million bid for Wind and had signed a non-disclosure agreement with Mobilicity. The Globe and Mail, citing sources familiar with the situation, reports that...
AT&T has come out firing against a T-Mobile proposal for the FCC’s upcoming incentive auctions for 600 MHz spectrum. The carrier is saying T-Mobile’s “Dynamic Market Rule” plan would result in failure to generate sufficient revenue and “almost certainly doom the auction.”
Chase cardholders nationwide can soon expect to tap and pay with their mobile devices as Chase has announced its going coast-to-coast with its support for the Isis Mobile Wallet. Chase Freedom, Sapphire and Slate, as well as JPMorgan Palladium cardholders, will now be able to load their card info into Isis.
American Tower Corporation today announced that it has reached an agreement with NII Holdings, Inc. to acquire up to 2,790 towers in Brazil and 1,666 towers in Mexico in two separate transactions, for approximately $413 million and $398 million, respectively, based on current foreign currency exchange rates.
All carriers offer zero-down phones for new subscribers and new contracts, but that low price is traditionally reserved for entry-level devices. As of July 27, T-Mobile customers can snag devices like the Samsung Galaxy S4, Galaxy Note 2, Sony Xperia Z, Nokia Lumia 925, HTC One, BlackBerry Q10 and iPhone 5 (8 GB model only) for nothing up front in exchange for paying higher monthly fees in some cases.
According to the latest research from Strategy Analytics, Samsung became the world's most profitable handset vendor in Q2 2013. Apple slipped into second position, as margins have been hit by lower iPhone 5 volumes and tougher competition in China.