Items tagged with (NYSE:VZ)

Verizon this week released its $80 prepaid unlimited wireless plan. The price tag and promise of “unlimited data, talk, and text” may seem tempting, however, the plan is rife with pitfalls. First, what is Verizon’s latest plan? The telecommunications company guarantees unlimited data, talk, and text across the United States without any contracts or credit checks. This plan also includes unlimited texting to over two hundred countries and unlimited talk to Mexico and Canada. According to Tami Erwin, executive vice president of operations for Verizon, “In just months, Verizon has transformed... Read more...
If Google Fiber’s stalled rollout has got you down, Verizon has a new high-speed service offering available that could help boost your spirits — that is if you actually live in a Fios coverage area. Verizon today announced Fios Gigabit Connection, which despite what its name implies, doesn’t actually provide gigabit speeds — but it does get pretty close. Fios Gigabit Connection provides download speeds of up to 940 Mbps and upload speeds that top out at an equally impressive 880 Mbps. Both of those figures are within striking distance of Google Fiber’s symmetrical 1 Gbps speeds. On the all-important... Read more...
In an effort to improve beef up its nationwide wireless broadband network, Verizon has agreed to purchase fiber optic cabling from Corning for $1.05 billion, which will be paid out over the next three years, the two companies announced today. As part of the agreement, Corning will provide the nation's largest wireless carrier up to 20 million kilometers (12.4 million miles) of optical fiber each year from 2018 through 2020. "Our plans identified a shortfall in fiber supply, and Verizon has been working with business teams to forecast demand and fill supply gaps with existing suppliers. Securing... Read more...
Comcast has just announced its new unlimited wireless service, Xfinity Mobile. The service supposedly provides “America’s largest, most reliable 4G LTE network along with Comcast’s 16 million WiFi hotspots to provide consumers with a better wireless experience, for less money, on today’s most popular devices.” Xfinity Mobile customers will be able to take advantage of Comcast’s WiFi hotspots when available, and Verizon Wireless’ cellular network coverage when needed. Greg Butz, president of Comcast Mobile, remarked, “We’re doing mobile differently by bringing our customers the best networks... Read more...
Once Verizon completes its acquisition of Yahoo and merges it with AOL, it will create a new "value" division called "Oath." Tim Armstrong, the longtime CEO of AOL, tweeted out the new name and it did not take long for the Internet to start mocking it. That is to be expected when snark seems to rule the web, though Verizon certainly didn't do itself any favors by settling on the name "Oath" without any explanation to how it arrived at that brand.Here is a look at the original Twitter post and some of the comments that followed: Billion+ Consumers, 20+ Brands, Unstoppable Team. #TakeTheOath. Summer... Read more...
When it comes to a bill that was passed both in the U.S. House and Senate that would kill off FCC rules pertaining to internet privacy, consumers are understandably somewhat upset and confused about what this all actually means. The FCC rules, which were ratified late last year, would require internet service providers (ISPs) to gain consent from customers before sharing or selling web browsing data and other identifiable information with third-parties. Lawmakers in the majority argued that the FCC overstepped its authority and that ISPs were being subject to regulations that don’t apply to companies... Read more...
The last thing that Verizon customers were probably asking for was the addition of yet another app to invade their Android smartphone. But that is just what the nation's #1 wireless carrier is doing with the inclusion of AppFlash, which will gain prominent positioning on the home screens of Verizon smartphones (sans the iPhone, of course). AppFlash, which was developed by Evie, allows you to discover new apps, browse for music, check out movie showings, or search for restaurants in the area. It will also give you listing of frequently used apps, and provides a universal search feature that is able... Read more...
Marissa Mayer’s tenure as Yahoo CEO is quickly winding down. The troubled internet portal has been in the news for all the wrong reasons following Verizon’s announcement last year that it would purchase the company for $4.83 billion. However, we are learning today that once Mayer steps down following the close of the deal with Verizon, she will be floating back to earth with a pretty snazzy golden parachute. Regulatory documents, which were filed today, shows that Mayer will receive a total of $23 million in compensation when she leaves the company. That figure includes roughly $3 million in cash,... Read more...
The last time we visited Verizon Wireless’ efforts to bring 5G connectivity to Americans, the company had completed its 5G radio specification. This crucial step allowed the company to form guidelines for hardware that will be validated for use on its future 5G network. Verizon began its own internal 5G wireless trials in New Jersey, Massachusetts and Texas last year, and today announced that those trials will extend to customers starting in mid-2017. The U.S. metropolitan areas that will be the first to gain access to the 5G pilot program include Ann Arbor, Atlanta, Bernardsville (NJ), Brockton... Read more...
Verizon has made it official -- the company today revealed that it has mutually agreed to lower its purchase price of Yahoo by $350 million, bringing the total value of the deal down to $4.48 billion in cash. This follows a report from last week, which indicated that Verizon was seeking a $250 million to $350 million discount for the internet portal. “The amended terms of the agreement provide a fair and favorable outcome for shareholders,” stated Marni Walden, Verizon’s Executive Vice President and President of Product Innovation and New Businesses. For her part, current Yahoo CEO Marisa Mayer... Read more...
With three of the four major U.S. wireless carriers duking out amongst each other with regards to unlimited data plans during the past week, AT&T was left to watch from the sidelines. The second place wireless carrier currently offers unlimited data, but only to customers that sign up for its DirecTV packages, which instantly adds at least $50 to your monthly outlay. Well, AT&T today announced that it is dropping the DirecTV prerequisite and will extend unlimited data availability to all customers starting tomorrow, February 17th. While it’s nice to see that AT&T is finally getting... Read more...
There is a new wireless war taking place, and three of the four major U.S. carriers are actively engaged in fighting. It all started when Verizon Wireless announced that it was bringing back a new and reinvigorated unlimited data plan with included HD video streaming and 10GB of mobile hotspot data. T-Mobile countered by matching Verizon’s plan specifics and offering a lower monthly out-of-pocket cost. Now it’s Sprint’s turn to bring up arms against the competition. The company has announced that it will offer customers unlimited talk, text and data for $50 per month if you sign up for Sprint AutoPay.... Read more...
Yesterday, Verizon announced its return to unlimited 4G LTE data plans with Verizon Unlimited. At a cost of $80 per month, Verizon Unlimited provides unlimited data, text and talk (even to Mexico and Canada) along with 10GB of Mobile Hotspot. However, T-Mobile CEO John Legere just can’t sit back and let Verizon hog all the spotlight when it comes to wireless plans. This is especially true considering that America’s No. 1 wireless carrier subtly knocked T-Mobile ONE’s inclusions of “only” 480p video streaming. To counter the Verizon Unlimited threat, T-Mobile ONE has been upgraded from 480p to HD... Read more...
A full-blown Skynet situation might be the thing of science fiction (we hope, anyway), but that doesn't mean bizarre things involving machines can't happen. As proof of this, Verizon teased an entry in its upcoming 2017 Data Breach Digest that describes a recent DDoS attack on an unnamed university involving vending machines, light bulbs, and 5,000 Internet of Things (IoT) devices. As with many DDoS attacks involving IoT devices, this one is the result of system administrators being a little too lax with security on these seemingly benign devices. The university in question dismissed complaints... Read more...
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