Verizon CEO Dan Mead encouraged a “really candid” discussion when he hosted a Mobile Commerce Panel Wednesday at MobileCon. Joining him onstage was Isis CEO Michael Abbott CEO Isis, American Express Group President for Enterprise Growth Dan Schulman and Jamba Juice CEO James White.
Verizon's iPhone sales continued to increase in the third quarter. The carrier reported that Apple's iconic device accounted for 51 percent of the smartphones the company added in the quarter. Shammo said Verizon did see iPhone supply constraints that led to a backlog at the end of September.
T-Mobile's announcements Wednesday that it will offer unlmited international data roaming and free texts in over 100 countries, as well as 200 million POPs covered with LTE, are yet more reasons the un-carrier is succeeding at its mission to become the value offering in America.
John Legere, T-Mobile's outspoken CEO, describes international roaming fees as "completely crazy,” and last night he resolved to do something about it. At a flashy event in Manhattan's Bryant Park Wednesday, which featured a preformance by Latin pop star Shakira...
Amid all the Uncarrier 3.0 hubbub and Shakira concerts, T-Mobile slid in a new message: that its LTE network is now nationwide, covering more than 200 million customers in 233 cities. The carrier is hitting the 200 million coverage mark well ahead of its anticipated end of year schedule and plans to keep going.
Taking all of this into account, the picture gets murky and it’s difficult to choose any potential auction participant worth rooting for. If AT&T and Verizon can help maximize revenue, good for them. If Sprint and T-Mobile can increase competitiveness, good for them. If someone else can snap up some spectrum and put it to good (potentially disruptive) use, good for them. Whoever comes out ahead, it should be a good show.
The federal government shutdown continues, the possibility of the U.S. going into default is getting closer. AT&T CEO Randall Stephenson issued a strongly worded statement for any elected official who’s considering letting that happen.
T-Mobile USA has proposed a one-third limit on the amount of below-1 GHz spectrum carriers can acquire in an individual market in the FCC’s upcoming auctions. T-Mobile outlined the proposal Friday in an FCC filing that insists the suggested spectrum aggregation limits will promote competition while still allowing AT&T and Verizon to “participate extensively in the auction.”
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.
Verizon's $130 billion deal with Vodafone is huge for both companies, although Verizon customers in the U.S. are unlikely to see any big changes to their bills or their service. Verizon is buying the 45 percent of its wireless business owned by British cellphone carrier Vodafone...
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.
Verizon will own its wireless business outright after agreeing Monday to pay $130 billion for the 45 percent stake in Verizon Wireless owned by Vodafone. The buyout, the second-largest acquisition deal on record, would give Vodafone PLC additional cash to pursue its expansion ambitions in Europe. Those ambitions include its push to buy up other cellphone providers and to expand into the lucrative world of mobile services.
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...