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Articles tagged with: Alltel and Verizon Communications
Verizon Profits Rise as Wireless Growth Starts to Slow
US based Verizon Communications has reported a rise in its fourth-quarter profits, although growth in its wireless subscriber base slowed even as landline subscribers continued to shut-down their accounts. The firm recorded a quarterly profit of US$1.2 billion compared to US$1.1 billion a year ago - on sales of US$24.6 billion (compared to US$23.8 billion a year ago). more
Related Tags: arpu, rural, vodafone, lte, verizon-wireless, verizon, compete, USA
U.S. Telecom and Cable Credit Profiles to Weaken in 2009
Debt ratings agency, Fitch has issued a report where it says it believes that growing event risk associated with economic, competitive and regulatory pressures will weaken the credit profile of most operators within the U.S. telecommunications and cable sector in 2009. Growing unemployment, continuing home foreclosures, the acceleration of cord-cutting, evolution of wireless smart-phone-based data services, and a changing regulatory environment with a new Federal Communications Commission (FCC) make-up and key regulatory programs up for reform represent some of the challenges to the industry in 2009. more
Related Tags: roaming, arpu, rsa, verizon-wireless, verizon, compete, fcc, satellite, 3, level-3, embarq, federal-communications-commission, fitch, centurytel, centennial-communications, USA
Vodafone Open Minded about Verizon Stake - But No Plans for Early Sale
Vodafone's CEO, Vittorio Colao has indicated that the company is open minded about its 45% stake in the USA based Verizon Wireless, but that the company feels that retaining the stake would be the best thing at the moment. more
Related Tags: vodafone, verizon-wireless, verizon, vittorio-colao, USA
Verizon, Alltel Merger Brings Questions About Worker Health
WASHINGTON -(Dow Jones)- The International Brotherhood of Electrical Workers wants the Federal Communications Commission to require Verizon Communications and alltel to adopt a nationwide safety program protecting people from harmful radio frequencies as a condition of their proposed merger. more
Related Tags: radiation, roaming, rural, leap-wireless, verizon-wireless, verizon, fcc, federal-communications-commission, centennial-communications, towers, USA
EARNINGS PREVIEW: US Telecoms Expect Strong Wireless Qtr
TAKING THE PULSE: The wireless business continues to hum for the U.S. telecommunications companies, but signs of competitive pressure are beginning to creep in. Wireless continues to be driven by smartphone sales and the adoption of pricier service plans, offsetting the deteriorating wireline business. AT&T remains at the forefront but eventually will lose its leadership position in wireless once Verizon Communications completes its acquisition of alltel. Smaller companies, meanwhile, are scrambling to catch up, with prepaid wireless reseller Virgin Mobile USA acquiring niche player Helio. The landline business, meanwhile, continues to deteriorate as a result of economic pressures and alternative lines of communications. more
Related Tags: thomson, samsung, cisco, sprint-nextel, virgin-mobile, verizon, lg, virgin-mobile-usa, touchscreen, landline, lg-electronics, satellite, sprint, nextel, USA
Verizon Repeats Desire to Buy Vodafone Out of US Joint Venture
Verizon Communications has reiterated its long standing desire to buy out Vodafone's share in their joint venture mobile network, Verizon Wireless. Speaking to the Financial Times, Verizon CEO, Ivan Seidenberg confirmed that he still wanted total ownership of the wireless division, although he warned that he doesn't expect Vodafone to sell in the near term. more
Related Tags: verizon-wireless, verizon, bell, USA
UPDATE: Few Snags Expected for Verizon Wireless, Alltel
WASHINGTON -(Dow Jones)- Verizon Wireless' bid to purchase alltel isn't expected to hit major regulatory snags even though the merged entity would create the nation's largest cellphone company. more
Related Tags: roaming, rural, verizon-wireless, verizon, stanford, fcc, ben, antitrust, USA
UPDATE: Verizon Wireless Confirms $28 Billion Deal to Buy Alltel
(Updates with information from a Verizon presentation on the deal and update stock prices.) more
Related Tags: roaming, sprint-nextel, verizon-wireless, wall-street-journal, verizon, radio-spectrum, fcc, seven, sprint, department-of-justice, goldman-sachs, USA
AT&T Agrees to Asset Sales for DOJ OK on Dobson Deal
WASHINGTON -(Dow Jones)- AT&T agreed Tuesday to U.S. Justice Department antitrust authorities' requirements that the company sell assets in seven markets in order to win approval for its acquisition of Dobson Communications, an AT&T spokeswoman said. more
Related Tags: texas, verizon-wireless, fcc, federal-communications-commission, justice-department, antitrust, USA
The Fastest Growing Operators in North America
The North American market had a particularly quiet quarter, with fewer than 6m new customers in all on a net basis. In this kind of environment, it is most unlikely that there would be any changes in the list of the largest operators, but the unlikely did in fact happen, with Bell Mobility dropping one place down the rankings from seventh to eighth. This was hardly a major change: it lost five thousand customers in the quarter and US Cellular, which had been breathing down its neck, added 16,000, to move ahead of its Canadian counterpart for the first time. The chart below shows the new pecking order, which is unchanged in all other respects. more
Related Tags: w-cdma, metropcs, leap-wireless, verizon-wireless, arun-sarin, bell-mobility, bell