Posts tagged “Verizon”
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.
The proposals uphold a pledge Barack Obama made during the presidential campaign to support Internet neutrality and would bar companies like Verizon, Comcast or AT&T from slowing or blocking certain services or content flowing through their vast networks.
- US agency: Keep threatened status for green sea turtles
- Japan opts for massive, costly sea wall to fend off tsunamis
- Launch delayed for soil monitoring station
- Biogen tops sustainable corporations list; Novozomes, Lenovo, Cisco, EMC crack top 100
- Sea level report shows increasing pace of change along coast