Items tagged with NYSE: VZ

Verizon Wireless likes to boast about its 4G LTE network being the most robust in the business, and by the end of next year, Big Red will put its money where its mouth is at by offering smartphones that only run on 4G LTE. It's a bold move, but Big Red isn't making the jump blindly and hoping for the best. Just the opposite, VZW has worked hard to roll out an expansive 4G LTE network, and with much of the groundwork now in place, the wireless carrier will begin focusing on adding voice over LTE (VoLTE), a required feature if it's to offer 4G LTE-only phones. "We will get this right. Our brand is built on reliability," Verizon Chief Network Officer Nicki Palmer said during a conference call with... Read more...
Where there's smoke, there's fire, and there sure were a lot of smoke signals indicating the imminent release of Nokia's Lumia 928, the newest addition to the Lumia family and the company's new flagship device. Now it's official, as Nokia and Verizon both issued press releases announcing the new device, which will be available online and in-stores at Big Red starting May 16, 2013 for $100 after a $50 mail-in-rebate and with a two-year service agreement. As expected, Nokia is heavily hyping the Lumia 928's built-in camera. It uses a wide angle Carl Zeiss Tessar f/2.0, 26mm lens to snap high-quality 8.7-megapixel photos and is aided by a Xenon flash. It also has optical image stabilization and... Read more...
Verizon has let the press know about a “special event” that’s happening on May 22nd at CTIA, and we’re left to speculate about what that announcement might be. In typical teaser fashion, Verizon sent out a note without any real details; sometimes, companies will throw us little hints with these things, but that’s not the case with this one. It just says, “Save the date” and “Join Verizon Wireless for a special announcement at CTIA.” And so we wonder. The company could announce the availability of the Samsung Galaxy S4 or HTC One, both of which are hot, eagerly-awaited, high-end smartphones; rumors have Verizon availability for those handsets... Read more...
We're not trying to pick on Verizon Wireless today (really, we're not), but we can't help it if the wireless carrier insists on putting targets on its back. The latest bit of news from Big Red is that it's getting rid of early upgrade eligibility and requiring that its subscribers ride out the entire length of their contracts before getting a new phone at a discounted rate. Previously VZW subscribers would be eligible to upgrade at a reduced rate after 20 months. That's still an eternity with how fast the smartphone market evolves, but it was certainly nice to have the option of purchasing something new ahead of schedule. Not anymore. If your phone is this old, you're probably eligible for an... Read more...
Verizon Wireless rolled out a couple of new basic pre-paid plans for chatter bugs on a budget, and included in both tiers is unlimited data. The first is a $35 plan that buys you 500 monthly minutes of talk time and unlimited text and data. If you go over the allotted minutes, you're charged 25 cents for each one thereafter. Or you can plan ahead and pony up for the $50/month plan, which offers unlimited minutes too. Neither of these plans require a service agreement, and at a glance, they seem to be killer responses to T-Mobile's new pricing plans. So, what's the catch? Verizon's new plans only apply to a collection of four feature phones, including the LG Cosmos 2, LG Extravert, Samsung Gusto... Read more...
For the fourth consecutive reporting period, J.D. Power and Associates awarded Verizon Wireless top honors in wireless customer care satisfaction among full-service carriers. Verizon scored 766 on a 1,000-point scale and performed particularly well in telephone contacts that originate in the automatic response system (ARS) channel and are then transferred to a live customer service representative (CRS), as well as calls made directly to a CSR, according to the semi-annual report. Verizon credited its social media efforts as a major reason why it's able to excel in customer satisfaction. Big Red has a dedicated social media team that reaches out to customers on social channels and often follows... Read more...
Verizon on Tuesday released its financial report for the fourth quarter of 2012, noting that its wireless business saw an 8.5 percent year-over-year increase in service revenues, along with 2.2 million retail net additions. The company also said that its 4G LTE service is now available to more than 273 million people in 476 markets across the U.S. Big Red's wireline business also saw some growth with a 4.1 percent year-over-year increase in consumer revenues. Verizon added 144,000 FiOS Internet and 134,000 FiOS Video subscribers during the quarter, bringing the total to 5.4 million and 4.7 million, respectively. Some of Verizon's Q4 losses were due to effects from Hurricane Sandy. "Verizon seized... Read more...
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