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Verizon finalizes AOL purchase, doles out $50 per share

Deal puts advocates for Net Neutrality, Open Internet under Verizon control

As predicted by Verizon when it announced the deal, Verizon Communications and AOL today announced the successful completion of Verizon's tender offer to purchase all outstanding shares of AOL for $50 per share in cash. As a result, AOL shares will no longer be traded on the New York Stock Exchange,...


Verizon, Sprint agree to pay $158M settlement with FCC over 'cramming'

Unauthorized third-party charges cost Verizon, Sprint dearly

Sprint and Verizon have agreed to pay a fine from the Federal Communications Commission (FCC) for adding unwanted third-party charges to phone bills, a practice also known as "Cramming." The two carriers have agreed to pay $158 million to settle the charges, with Verizon paying the higher amount of $90...


Verizon acquiring AOL for $4.4B, aims to complete deal this summer

AOL purchase provides Verizon with major online advertising, publishing business

Verizon has signed a deal to acquire AOL, the telecoms company has revealed. The purchase will see Verizon paying out $50 per share of AOL stock, a transaction estimated to be worth $4.4 billion, which the company claims will help its LTE wireless video and "over-the-top video strategy," along with helping...


T-Mobile attacks Verizon with 'Never Settle' 14-day service trial

Verizon subscribers offered free 14-day trial of T-Mobile service with loaned smartphone

Following the success of the iPhone 5s Test Drive promotion from last year, T-Mobile will be offering something similar to potential customers currently subscribed to Verizon. The "Never Settle" campaign will provide Verizon customers the ability to try out the carrier's network and service, by borrowing...


Verizon agrees to $3.4M FCC fine over 911 call outage in California

Lack of emergency services in California costs Verizon dearly

Verizon is agreeing to pay a fine of $3.4 million to the Federal Communications Commission (FCC) over an outage of emergency 911 services in multiple states last year. While the entire outage affected over 11 million people and at least 83 emergency call centers in seven states last April, the FCC centered...


Briefly: Verizon plans small cell installation, Sprint $90 group plan

Verizon installing 400 small cells to improve San Francisco LTE coverage

Verizon subscribers in San Francisco will be seeing improvements in 4G service in some areas before the end of the year, thanks to a new project to install small cells. Typically used in high-demand locations and previously used in New York and Chicago, GigaOM reports that 400 LTE-equipped transmitters...


Verizon raising $15B with wireline sale, leasing of wireless towers

Verizon wireline operations in Florida, Texas, California being sold for $10B

Verizon is raising a large amount of cash, by selling some of its wireline operations to another company for $10.54 billion. It is not the only transaction Verizon is performing, as it is leasing the rights to some of its wireless towers to a third party, bringing in another $5 billion, with the company...


Verizon pays $5M to settle FCC rural call completion investigation

Failure to investigate issues with rural landlines costs Verizon dearly

Verizon has agreed to settle an investigation with the Federal Communications Commission (FCC) over complaints that it itself had failed to investigate issues with rural calls. After admitting its failure, Verizon has agreed to pay a fine of $2 million, as well as implementing a "compliance plan" which...


Verizon updates prepaid plans, confirms will not offer rollover data

CFO claims rollover data is not coming to Verizon price plans

Verizon will not be joining competitors AT&T and T-Mobile in providing a rollover data plan to its customers, its chief financial officer Fran Shammo has advised. The denial comes at the same time the carrier introduces updates to its prepaid plans, with a focus on providing more data and more options...


Sprint pledges to cut bills in half for switching from Verizon, AT&T

Promotion from Sprint aims to pull AT&T, Verizon subscribers away with low-cost plans

Sprint is stepping up its efforts to pull customers away from other carriers after its double data promotion ended, by offering to halve their bills instead. The aggressive promotion offers to provide customers on AT&T and Verizon a subscription at half the cost of its competitors, while still providing...


Verizon increases cost of early termination fee for new contracts

Customers now need to pay up to $70 more to leave Verizon contracts

Verizon has changed its customer agreement, making it more expensive to leave a mobile contract early. The early termination fee (ETF) associated with ending a contract before the two-year period is up has been adjusted, forcing new customers to pay between $60 and $70 more than existing customers would...


Verizon threatens protracted court battle if Title II is invoked

Verizon general counsel wants 18-year-old pro-ISP law to dictate policy

The ISP that started the entire net neutrality debate with a court win, Verizon, is threatening legal action should the US Federal Communications Commission (FCC) implement Title II oversight of the telecommunications industry. Following claims that FCC Chairman Tom Wheeler is considering a hybrid approach...


Verizon testing FiOS bundles with year of Netflix in NYC area

'Limited time promotion' sees Verizon, Netflix coexisting

Surprisingly given the public animosity between the two companies, Verizon has begun offering a year of video streaming service Netflix to some of its new customers. Customers who sign up for FiOS Internet and television bundles in the immediate vicinity of New York City are being offered the deal. Packages...


Verizon-exclusive Sony Xperia Z3v shipping later this month

Exclusive version of Xperia Z3 heading to Verizon alongside Sony SmartWatch 3

Two more Sony devices will be added to Verizon's mobile device roster later this month, the carrier has revealed. A repackaged version of the Xperia Z3 will be going on sale, a smartphone called the Xperia Z3v, while the company's Android Wear device, the SmartWatch 3, will also be heading to the carrier's...


Sprint, Verizon take on AT&T 'double data' promotion with own offers

Verizon matches AT&T data promotion, Sprint increases data cap more

AT&T's recent promotional offer to double the data caps on its Mobile Share Value plans seems to have struck a nerve with other carriers. Both Verizon and Sprint have announced their own data-doubling promotions just a few days after AT&T -- and while Verizon appears to match AT&T's allowances and prices,...


Motorola's second generation Moto X hits Verizon on September 26

Verizon release comes three days after AT&T pre-orders started shipping

Verizon Wireless customers waiting to buy the second generation of Motorola's Moto X smartphone don't need to wait very long, as the wireless company says the phone is coming tomorrow. Those wanting to customize their version of the Moto X will be happy to hear that Verizon is selling phones customized...


Verizon CEO confirms Internet TV service arriving in early 2015

Verizon in discussions with content provider for online TV service

Verizon will be introducing an Internet TV service sometime in early 2015, CEO Lowell McAdam has revealed. The service, which will provide a pay-TV service over the Internet, could potentially be more flexible to its subscribers than existing cable offerings, with the CEO hinting that customers may be...


Verizon rolling out VoLTE service nationally in coming weeks

Verizon VoLTE service includes switching between HD Voice, video calling

Verizon Wireless is gearing up to roll out its Voice over LTE (VoLTE) service over its cellular network. Its planned service will be going live over the next few weeks, with the higher-quality HD Voice calling accompanied by a simplified video calling service built directly into the phone dialer, allowing...


RootMetrics: Verizon top carrier in performance, speed, reliability

Independent tester finds that Verizon beats out all other carriers for first half of 2014

A new study of wireless carriers for the first half emerged today, putting Verizon at the top of the pile in five categories, marking it as the best overall carrier in the United States. Market research firm RootMetrics announced its findings, showing that Verizon was the best carrier in reliability,...


FCC 'deeply troubled' over Verizon's decision to slow down customers

Letter from Chairman Wheeler asks Verizon to justify its network management

Last week, one of the largest mobile carriers in the United States announced it would begin throttling some unlimited accounts that access 4G LTE. Verizon stated that it would begin the effort in October, but it would be limited to only the top five percent of data users on unlimited plans. While the...


FISA Court judges ruling on surveillance reportedly own Verizon stock

Report claims three judges in FISA Court bought Verizon stock in the last year

Judges sitting on the Foreign Intelligence Surveillance Court (FISA Court) may not be entirely impartial, according to a report. A number of judges on FISA Court allegedly own stock in Verizon, one of the companies subject to NSA bulk surveillance orders issued by the court, with the report suggesting...


Advocates challenge Verizon's claims that 'fast lanes' help disabled

Groups unified, refute Verizon's net neutrality stance allegedly helping them

Verizon's claims that the US Federal Communications Commission's new net neutrality rules would hurt the disabled and blind have come under fire by those Verizon claims to be looking out for. In a filing with the FCC, several disability advocacy organizations clearly disagree that Verizon is looking...


Verizon FiOS receives upstream bandwidth boost matching download speed

Free upload speed upgrades on Verizon FiOS over next few months

Verizon is updating its bandwidth tiers for FiOS, by giving customers higher uploading speeds. Starting from today onward for new and existing Verizon FiOS residential customers, the Internet provider will be upgrading lines at no extra charge, with subscribers being able to upload data at approximately...


Level 3 blames Verizon for Netflix stream congestion, offers to help

Verizon congestion fix claimed to be cheap, simple, completed in five minutes

The ongoing feud between Netflix and Verizon has stepped up, with a transit provider weighing in over Verizon's connection congestion claims. Level 3 claims the high utilization of the connection between Verizon and itself is Verizon's fault, as the Internet service provider is actively refusing to upgrade...


Verizon claims Netflix connections cause stream bottlenecks

Claims majority of Verizon network is stable, Netflix connections as weak point

The battle between Verizon and Netflix over connectivity continues, with Verizon completely refusing to accept any of the blame for slow streams. The latest feud installment involves a Verizon blog post claiming its network operations team found no congestion on the Verizon network in a recent review,...


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