Verizon Vodafone Merger Buyout

Bloomberg: Verizon and Vodafone in talks over possible merger or buyout

By on March 5, 2013 at 12:20 PM.

Bloomberg: Verizon and Vodafone in talks over possible merger or buyout

Verizon (VZ) and Vodafone are reportedly actively discussing ways to resolve their relationship this year, Bloomberg reported on Tuesday. The companies, which jointly own top U.S. wireless carrier Verizon Wireless, have discussed merging as well as the possibility of a full or partial buyout of Vodafone’s 45% stake. Disagreements regarding leadership and the location of the merged entity’s headquarters have reportedly made a merger unlikely. “Verizon is eager to take full control of the unit this year, giving the New York-based company greater influence over its most profitable division,” Bloomberg’s Jeffrey McCracken, David Welch and Matthew Campbell wrote. According to the report, Vodafone has raised issues regarding valuation as well as how proceeds from the sale might be used. Vodafone’s stake is currently valued at about $115 billion according to the report, and the most likely outcome of the talks is said to be either a full or partial sale.

No Comments

iPhone 5 on Verizon Wireless won’t support simultaneous voice and data

By on September 13, 2012 at 6:15 PM.

iPhone 5 on Verizon Wireless won’t support simultaneous voice and data

iPhone 5 Verizon Wireless

Verizon Wireless (VZ) has confirmed to BGR that the iPhone 5 will not support voice and data at the same time, even over 4G LTE. This is a little odd as Verizon’s 4G LTE devices all support simultaneous voice and data, but it won’t be in the iPhone 5 on Verizon.

iPhone 5 was designed to allow simultaneous voice calling on the Verizon Wireless network while browsing the Internet over WiFi.  This is no different from the current iPhone 4S. For further details, check with Apple.

It seems that the reason is due to the fact that the devices that support voice and data on 4G LTE all use two radios, one for data on 4G LTE and one for voice on CDMA. The iPhone 5 actually does feature two radios, but it uses both to get the best signal possible and is not able to switch between LTE and CDMA at the same time. This could eventually be resolved in the future when all voice communication is done over 4G LTE, but until then, it is a no go for Verizon Wireless and the iPhone 5.

This could be a deal breaker, folks. AT&T… will you take me back?

No Comments

Google Wallet hacked to work on Verizon Galaxy S III [video]

By on July 30, 2012 at 5:40 PM.

Google Wallet hacked to work on Verizon Galaxy S III [video]

Google Wallet Verizon Galaxy S III

You won’t find Google Wallet, officially, on any of the smartphones offered by Verizon Wireless (VZ), not even the Galaxy Nexus. In fact, you won’t find Google Wallet on any smartphone offered by T-Mobile (DTE) or AT&T (T) either — the only carrier that supports Google’s (GOOG) mobile payment platform is Sprint (S). Other wireless service providers have backed a mobile payment competitor known as ISIS, and have blocked Google Wallet from devices that run on their networks. Despite this speed bump, hackers have found a way to enable the service on select handsets such as the Galaxy Nexus and Samsung’s (005930) latest flagship smartphone, the Galaxy S III. The device will of course have to be rooted, and after a slight tweak to the build.prop and the installation of a zip file, users will be able to make purchases using Google Wallet. A video demonstration follows below. More →

No Comments

Verizon now giving the Galaxy Nexus away

By on July 30, 2012 at 1:30 PM.

Verizon now giving the Galaxy Nexus away

Verizon Galaxy Nexus Price Cut

Just one week after slashing the price of the Samsung Galaxy Nexus to $99.99, Verizon Wireless (VZ) is now giving the device away for free as long as users are willing to sign a two-year service deal. PhoneArena was the first to notice Verizon’s latest Samsung (005930) Galaxy Nexus price cut when it found that Best Buy is currently offering a free Galaxy Nexus to any customers who sign service agreements with Verizon. Interested buyers should note that the free Galaxy Nexus is only available from in-store Verizon purchases and that it still costs $99 on Verizon’s online store. If Verizon actually gets on the ball and pushes out Android 4.1 Jelly Bean to the Galaxy Nexus in the near future, then the smartphone could quickly become one of the biggest bargains on the market. More →

No Comments

Verizon hacks Galaxy Nexus price to just $99.99

By on July 23, 2012 at 2:10 PM.

Verizon hacks Galaxy Nexus price to just $99.99

Galaxy Nexus Price Verizon

Android fans who want to get a pure Google device without paying top dollar are in luck because Verizon Wireless (VZ) has chopped the price of Samsung’s (005930) Galaxy Nexus smartphone down to a mere $99.99 if purchased online with a two-year service agreement. DroidLife speculates that Verizon is dropping the price for the Galaxy Nexus because the Samsung Galaxy S III is blowing other Android devices out of the water right now, thus making Verizon willing to sell older Android phones at a discount just to move them out before the next wave of Android handsets hits later this year. At any rate, this is undoubtedly good news for any Verizon customers looking to get access to Android 4.1 Jelly Bean on the cheap — an update should be available soon enough.

Updated to clarify that Verizon’s Galaxy Nexus does not yet ship with Android 4.1 Jelly Bean. More →

No Comments

Verizon posts $1.83 billion Q2 profit on $28.6 billion in sales, smartphone penetration hits 50%

By on July 19, 2012 at 8:10 AM.

Verizon posts $1.83 billion Q2 profit on $28.6 billion in sales, smartphone penetration hits 50%

Verizon Q2 2012 Earnings

Verizon Communications (VZ) on Thursday reported its financial results for the second quarter of 2012. The nation’s top carrier reported earnings of $0.64 per share, or a $1.83 billion profit, on sales of $28.6 billion. The results were in line with analysts’ estimates, and up 13% from the $1.61 billion Verizon earned in the same quarter last year. The company managed record-high wireless margins as well as record-high average revenue per user (ARPU), and smartphone penetration among its postpaid wireless subscribers has now reached 50%. Despite the record performance, subscriber growth slowed — Verizon added 1.2 million net new wireless subscribers and 888,000 net contract customers, down significantly from 2.2 million total subs and 1.3 million contract customers it added in the same quarter in 2011. The carrier sold 2.7 million iPhones in the second quarter — down 16% sequentially and far below analysts’ estimates — and 2.9 million Android-powered smartphones. Verizon’s full press release follows below.

More →

No Comments

Samsung to offer Galaxy S III Developer Edition with unlockable bootloader on Verizon

By on July 11, 2012 at 5:40 PM.

Samsung to offer Galaxy S III Developer Edition with unlockable bootloader on Verizon

Samsung Galaxy S III Developer Edition Announced

Following criticism regarding Samsung and Verizon Wireless’s policy for the bootloaders of its devices, Samsung announced that it will offer an unsubsidized Galaxy S III smartphone compatible with Verizon’s network that includes an unlockable bootloader. The handset will be offered directly through the South Korean company’s website and will feature the same specs as the locked Galaxy S III — a Snapdragon S4 processor clocked at 1.5GHz, 2GB of RAM and 4G LTE connectivity. The Galaxy S III Developer Edition will be available in the coming months for $599. Additional information follows below.  More →

No Comments

The surprising impact of the iPhone on AT&T and Verizon’s rivalry

By on July 10, 2012 at 11:15 AM.

The surprising impact of the iPhone on AT&T and Verizon’s rivalry

iPhone AT&T Verizon Rivalry

AT&T paid dearly for iPhone exclusivity that started in June 2007 and ran for nearly four years. What did it buy? Back in 2Q07, AT&T Wireless generated $10.4 billion in sales, and Verizon Wireless did $10.8 billion. Verizon Wireless edged out AT&T by just 4%. This was a very interesting point in time to inject a revolutionary new smartphone — and the iPhone debuted just two days before the end of 2Q07. More →

No Comments

Nokia Windows Phones coming to Verizon soon

By on July 9, 2012 at 11:55 PM.

Nokia Windows Phones coming to Verizon soon

Verizon Lumia Smartphone Confirmed

Since its inception nearly two years ago, Microsoft’s Windows Phone platform has struggled to capture a significant share of the U.S. smartphone market. While every major carrier has offered a Windows Phone device, AT&T and T-Mobile are the only wireless service providers in the U.S. that have offered Nokia’s flagship Lumia smartphones. This is about to change, though. Nokia’s vice president of Worldwide Developer Relations, Richard Kerris, in an interview with Neowin, revealed that it “won’t be long” until the nation’s largest carrier, Verizon Wireless, offers a Lumia device. Nokia previously announced that its PureView camera technology would also be coming to future Lumia devices. Kerris reiterated the company’s plans and said that it will happen “very soon.” More →

No Comments

RIP, Verizon grandfathered unlimited data plans [updated]

By on July 9, 2012 at 2:55 PM.

RIP, Verizon grandfathered unlimited data plans [updated]

Verizon Unlimited LTE Data Ends

Anything that’s too good to last rarely does. Such is the case with some lucky Verizon Wireless customers who were able to preorder the Samsung Galaxy S III smartphone last month while still holding onto their grandfathered unlimited data plans. That’s because we’ve received a tip from a reader who says that Verizon is no longer offering this sweet deal for Galaxy S III users, even if they filed their preorders before the June 28th introduction of Verizon’s new shared data plans.

UPDATE: We’re now hearing that this might be an error on Verizon’s part, and customers should indeed be able to keep their unlimited plans when they purchase the Galaxy S III, as we heard previously. Jared DiPane over at Android Central has more. More →

No Comments

Verizon customers report getting Galaxy S III early

By on July 5, 2012 at 4:10 PM.

Verizon customers report getting Galaxy S III early

Galaxy S III Launch Verizon

Some Verizon Wireless customers who preordered the Samsung Galaxy S III are getting a pleasant surprise this week as their new smartphones are arriving earlier than expected. “Dgstorm” over at Droid Forums says that “several users are reporting that they have already received their Samsung Galaxy S III pre-orders” as of Thursday, nearly a week before they were slated to arrive on July 10th. Dgstorm describes Verizon’s early Galaxy S III delivery as a “classic case of under-promising, yet over-delivering” and says Verizon deserves credit for going “out of their way to take care of their customers.” More →

No Comments

Verizon Galaxy S III to launch July 10th for $199.99

By on July 3, 2012 at 2:45 PM.

Verizon Galaxy S III to launch July 10th for $199.99

Verizon Galaxy S III Release Date

Verizon Wireless on Tuesday announced that the highly anticipated Galaxy S III smartphone will finally launch on July 10th. Following a number of delays across all U.S. carriers, the launch Samsung’s latest flagship smartphone on Verizon will mark the arrival of the Galaxy S III on all four major nationwide wireless carriers. The Galaxy S III features the latest version of Android 4.0 Ice Cream Sandwich along with 4G LTE connectivity, a 1.5GHz dual-core processor, 2GB of RAM, a 4.8-inch Super AMOLED display and an 8-megapixel camera. Verizon Wireless’s version of the handset will cost $199.99 on contract with 16GB of storage and $249.99 with 32GB of storage. Verizon’s press release follows below. More →

No Comments

HTC DROID INCREDIBLE 4G LTE hands-on

By on July 2, 2012 at 11:30 AM.

HTC DROID INCREDIBLE 4G LTE hands-on

HTC DROID INCREDIBLE 4G LTE Hands-on

One phone. One name. 22 capital letters. Verizon Wireless announced launch details for its first One-series HTC phone on Monday morning, and the upcoming HTC DROID INCREDIBLE 4G LTE arrived at our offices shortly thereafter. Verizon’s version of the HTC One S — which just so happens to be my favorite Android smartphone at the moment — features a number of key changes compared to the original model. For one thing, it includes 4G LTE connectivity for use on Verizon Wireless’s lightning-fast 4G network. For another, it’s pretty ugly.

More →

No Comments