(Reuters) – Verizon Wireless plans to make its data-hungry customers pay a lot more, either in service fees or smartphone prices, as it tries to cut costs and boost revenue from data services. The No. 1 U.S. mobile provider said it will eliminate unlimited data plans for all customers who upgrade their cellphone at a […]
FCC chooses spectrum for wireless medical devices
(Reuters) – The U.S. telecommunications regulator is expected to announce plans on Thursday to set aside spectrum to connect wireless medical devices for more convenient health monitoring. The Federal Communications Commission said it is scheduled to vote on May 24 to adopt the plan for so-called Medical Body Area Networks, according to the telecom regulator, […]
Sprint investors in purgatory until 2013
Sprint Nextel (S.N), like its bigger rivals, is expected to report a steep decline in fourth-quarter profit margins due to its launch of the costly Apple Inc (AAPL.O) iPhone. But the comparison ends there, according to analysts, who say that an investment in the No. 3 U.S. mobile provider is a much riskier bet than […]
Verizon ditches $2 fee after customer uproar
Verizon Wireless has reversed its decision to charge a $2 fee for telephone and online bill payments, bowing to a storm of criticism from consumers and the U.S. communications regulator. The biggest U.S. wireless operator retracted its decision on Friday, just a day after it announced the fee for one-time payments, which was to have […]
Verizon subscribers miss Street, investors shrug
Verizon Communications Inc wireless subscriber growth was slower than expected in the quarter before the latest Apple Inc iPhone launch, but was still ahead of its biggest rival. Verizon Wireless, its mobile venture with Vodafone Group Plc, added 882,000 subscribers in the quarter compared with the average analyst expectation for 1.04 million from eight analysts […]