Tag Archives: Verizon Communications Inc.
Telecommunications Companies Creating Centralized Database For Tracking Stolen Mobile Phones
The four major U.S. wireless carriers have made an agreement to work with the FCC for creating a central database to track and disable stolen mobile devices. The database will be designed for tracking phones that are reported as stolen and deny them the ability to access voice and data services.
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Categories AT&T, AT&T Inc., FCC, Sprint, Sprint Nextel, T-Mobile, Verizon Communications Inc.
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Google Android Update Alliance With Telecommunication Companies Starts To Fizzle
This past May Google Inc. (NASDAQ:GOOG) announced a partnership at the I/O conference that they have made a deal so that any new Android phone would receive OS updates for at least 18 months following the launch. The partnership is called the Google Update Alliance. Motorola, Samsung, Sprint, T-Mobile, Verizon, and Sony Ericsson are a part of the Update Alliance. Sony Ericsson is the only company that has kept up with the partnership. In fact Sony Ericsson released new versions of Android to all phones that are less than 18 months.
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Verizon Preparing To Launch A Netflix Competitor
Verizon Communications Inc. (NYSE:VZ) is planning on launching a video streaming service for movies and TV shows on the web to take on Netflix. Verizon is currently talking to programming partners. Verizon is targeting customers that are outside of markets where they currently offer FiOS. The new service is expected to be launched in 2012.
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Verizon Employees Strike as Company Fails to Negotiate Contract with Unions
Today consumers passing their local Verizon store may notice a sea of red: Verizon workers are on strike regarding contract negotiations. GigaOM reports that more than as 45,000 workers are striking. The contract has expired and the Communication Workers of America and International Brotherhood of Electrical Workers announced that they “have decided to take the unprecedented step of striking until Verizon stops its Wisconsin-style tactics and starts bargaining seriously.”
Verizon Wireless Agrees to Pay Its Owners $10 Billion
Verizon Wireless has approved a $10 billion payout to Verizon Communications Inc. and Vodaphone Group Plc. Bloomberg Businessweek reports that the payment will be distributed between the two based on their ownership stakes in the company, which is 55% and 45%, respectively. Verizon Wireless hasn’t paid dividends to its owners in a few years, as the company has been focusing its expenditures on paying down debt.
ISPs Officially Agree to Piracy Punishment Program
United States ISPs have agreed to a “six strike” program to deal with online copyright infringement. Companies in the deal include AT&T, Cablevision, Time Warner Cable, Comcast and Verizon. Ars Technica reports that the warning system operates solely between the ISP and the subscriber, and that ISPs will only release guilty subscribers’ information with a court order.
ISPs Nearing Agreement On Action Against Web Piracy
Bandwidth providers and media companies may soon reach a new agreement on punishments for intellectual property piracy on the internet. Cnet reports that the companies, including AT&T, Comcast and Verizon, would be making a deal that cracks down harder than ever before on music and video piracy. ISPs’ options would include reducing pirates’ bandwidth, limiting the number of websites users can visit until they cease pirating, or requiring pirates to participate in copyright law and intellectual property education courses.
Categories AT&T, Comcast, Verizon Communications Inc.
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Verizon To Acquire Terremark For $1.4 Billion
Verizon Communications Inc. (NYSE:VZ) plans to acquire Terremark Worldwide, Inc. (NASDAQ:TMRK) for $19 per share in a $1.4 billion deal. This is a 35% premium on the closing price of Terremark yesterday. Terremark is an IT services provider that focuses on data storage for large companies and government agencies.
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Verizon and MetroPCS Suing The F.C.C. Over Broadband Regulation
Verizon Communications and MetroPCS are teaming up to sue the Federal Communications Commission. MetroPCS and Verizon believes that the FCC has no right to regulate broadband. The two telecommunication companies also point out that the FCC exceeded their authority by preventing Comcast from throttling BitTorrent bandwidth.
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Interesting: Verizon Is Buying iPhone-Related Domain Names
Verizon Wireless has been snapping up some iPhone-related domain names. Why now? Does this indicate that we will see an iPhone that runs on Verizon’s CDMA network in the near future? One of the domain names that Verizon bought was iphoneonverizon.com and iphoneforverizon.com. Verizon Trademark Services LLC also owns www.verizon.com. Verizon bought the domain names from Jim Benton. [BGR]