Verizon Communications Inc. (NYSE:VZ) and Vodafone Group plc (LON:VOD) are reportedly going to receive a dividend of $7 billion in June from their subsidiary Verizon Wireless. Verizon Wireless, the largest U.S. mobile service provider, is owned 55% by Verizon Communications and 45% by Vodafone.
Verizon Wireless is a joint venture of American telecommunications company Verizon Communications and U.K. based Vodafone. Verizon Communications owns around 55% and Vodafone owns 45% of Verizon Wireless. There are reports floating around that Verizon recently made a $100 billion offer for the rest of the ownership in Verizon Wireless.
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Urban Airship is a mobile marketing solutions company that helps you improve customer engagement using push notifications and location-based marketing. The service also offers mobile analytics. Urban Airship recently expanded their services to help developers build an Apple Passbook app. The company has raised $25 million in additional funding according to AllThingsD.
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Verizon Wireless CEO Lowell McAdam has announced that they will be replacing the copper wires damaged by Hurricane Sandy with updated fiber-optical cables. McAdam was unable to get an estimate of the actual damage on their network while speaking at the UBS Financial conference.
Many people were worried about the DNSChanger malware that was supposed to cause them to lose their Internet today. The DNSChanger malware and the servers that the FBI was using to reroute infected machines will be shut down today. Some people may have lost their Internet as a result. However ISPs around the country have been successful and circumventing this from happening. A total of 64,000 computers were expected to be affected.
Verizon Communications has announced FiOS Quantum, which is their latest high-speed Internet service. FiOS Quantum has upload/download speeds at 50/25, 75/35, 150/65 and 300/65 Mbps with a price range of between $65 and $210 per month. You can save money by committing for two years. Existing customers do not have to pay an upgrade fee. Check out the press release below:
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A Verizon Communications employee has revealed the price tiers and release date for their new FiOS structuring. The FiOS connection tops out at speeds at around 300Mbps download speed. The connection will be available on June 17th. The upload speed is at 65Mbps. The cost for this speed is $204.99 per month plus a $100 equipment upgrade unless you sign a 2 year contract. The second fastest tier (75Mbps down / 35Mbps up) will cost $84.99 and will require a $100 equipment upgrade. Check out the FiOS standalone speeds chart below, according to a source from The Verge:
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Verizon Communications has just upped the ante over all of their competition by increasing the speed for their FiOS service to 300Mbps if you select the most expensive plan. The upload speeds are at 65Mbps for this plan. The speed up of the service is primarily attribute to cloud services and Internet video. If you want this connection, it will most likely run you $200 per month.
