Posts tagged “Verizon”
As wireless subscribers explode in number, usage from voice to data climbs ever higher, speed improves and competition drives better service, true mobile broadband is becoming a reality.
CFO John Killian tells analysts in conference calls that layoff pace could increase. "In the last couple of years we've reduced our wireline work force by about 13,000 per year and I said we'd do the same this year. I now actually think we have the ability to do more this year," he says.
Verizon is nearing the end of its program to replace copper phone lines with optical fibers that provide much higher Internet speeds and TV service. Its focus is now on completing the network in the communities where it's already secured "franchises," the rights to sell TV service that rivals cable.
The latest moves in a long-running pricing competition between the nation's wireless carriers is not just leading to lower prices for some customers: It also shows that data use is becoming an increasingly important service for mobile carriers as they look to new sources of revenue from customers dependent on mobile access to e-mail and the Web.
AT&T and Verizon, two offspring of Ma Bell, are getting more aggressive in their marketing, though it's not clear how much they are spending. Verizon and AT&T are both pulling away from their smaller rivals, so instead of competing with Sprint Nextel Corp. and T-Mobile USA, they're increasingly focused on each other.
Verizon Wireless points out the Droid has features Apple Inc.'s iPhone lacks, such as a physical keyboard and the ability to run several applications at once.