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Charles Michels 2017-07-26
img

Verizon Communications Inc., the U.S.’s largest wireless carrier by subscribers, is scheduled to report second-quarter results before the market opens Thursday.

Here’s what you need to know:

EARNINGS FORECAST: Analysts are expecting earnings of 96 cents per...

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0
Marcel Carroll 2019-03-19

Tim Armstrong will leave Verizon Communications with an awards and benefits package worth more than $60 million.

The Wall Street Journal calculated the total amount based on a securities filing from last Monday by combining Armstrong’s compensation in 2018, severance and a special incentive package he was given by Verizon when it acquired AOL in 2015.

Armstrong was head of Oath (now called Verizon Media), which took a write down of $4.5 billion last year and laid off seven percent of its workforce as it struggled to compete with other digital media companies.

Oath, the company’s digital media unit, was created in 2017 by merging AOL and Yahoo, two companies acquired by Verizon Communications.

(Disclosure: TechCrunch was part of AOL, then Oath and now Verizon Media).

Verizon Communications announced Oath’s $4.5 billion after-tax write down at the end of last year.

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0
Brian Williams 2021-04-28
img
Verizon Communications is looking into selling its media assets, according to a report from the Wall Street Journal.
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0
Linda Schilk 2018-11-06
img

On Tuesday, Verizon announced a few changes to its prepaid plans to give you a little more bang for your buck.

Starting Nov. 6, Verizon will give customers a $5 discount per line if they set up autopay.

These discounts apply to any of the Verizon Prepaid plans that cost $40 or more per month -- so it doesn't apply to the $30/month 500MB plan.

That discount brings the prepaid plans to $35/month for 3GB of data, $45/month for 8GB of data (previously 7GB) and $65/month for unlimited.

You can check out Verizon's lineup in the graphic below:

You can also add up to 10 lines with these plans (previously 5 lines), and you can add tablets and Jetpacks for the same price as smartphones.

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0
James Woodson 2016-08-01

MoreThe logo of Verizon is seen at a retail store in San Diego, California April 21, 2016.

REUTERS/Mike Blake/File Photo - RTSJQRX

Reuters - Verizon Communications Inc said it will buy GPS vehicle tracking company Fleetmatics Group Plc for about $2.4 billion in cash.

Verizon will pay $60 per Fleetmatics share, a premium of about 40 percent to Friday's close.

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0
Charles Houston 2016-08-23
img

The jury s back, and the verdict favors Verizon.

According to RootMetrics most recent network performance test, Verizon was ranked the best overall network, taking top honors in reliability, speed, data, calling, and text messaging.

In second place in nearly every category was AT, though Sprint took the silver in the calls category.

These results closely resemble those of RootMetrics second-half 2015 test, but for those of you using other carriers, don t worry.

Other testing firms have published rather different results — for example, OpenSignal called T-Mobile the best overall network, and according to Speedtest.net, the Un-carrier is the fastest network, too.

All the same, RootMetrics recent findings give Verizon a leg up on the competition for the time being, at least providing the carrier with some more marketing material to justify its premium costs.

collect
0
John Applebaum 2016-10-14
img

Verizon isn t very fond of unlimited data plans.

The company hasn t offered one since 2011, has made efforts to kick users off grandfathered plans, and its CFO Fram Shammo notably declared that you cannot make money on an unlimited video world — Verizon saw $8.0 billion in profit on $21.7 billion in second-quarter revenues, but I digress.

Well now the company is opening up to the idea of unlimited high-speed data, but with its own twist to keep usage under control: you can get either 30 minutes for $2 or 1 hour for $3.

The timed limit under the new PopData program is meant so that you can enjoy an occasional spike in data usage without having to worry about your data cap — for example, to download several music playlists, or enjoying a video stream when Wi-Fi is not an option.

PopData can bu purchased from the My Verizon app on Android, iPhone and iPad devices, under Data Meter Get More Data.

It ll only be available if you are able to get a 4G signal in your location and if there s no network congestion, otherwise it will be grayed out.

collect
0
Robert Holloway 2016-07-14
img

For nearly a year, Verizon has been slowly adding $20 to the plan price for the stragglers who still have unlimited data.

Starting August 21st, Verizon s coming for the last of them with Phase 3" of their rollout.

As pointed out by Android fan site Droid-Life, Verizon s price increase for unlimited customers has been happening gradually.

This new Phase 3 seems to be going after users with unlimited Alltel plans and all-in-one plans.

Most customers have probably already seen the price increase, but if you ve managed to avoid it, your days are numbered.

The price hike will raise unlimited data pricing from $30 to $50.

collect
0
James Neely 2016-07-22
img

Verizon isn t messing around when it comes to data.

Users that consume more than 100GB per month via legacy unlimited plans will either be forced onto tiered plans or kicked off the network altogether.

Speaking to Ars Technica, the company notes it affects a small group of users:

Because our network is a shared resource and we need to ensure all customers have a great mobile experience with Verizon, we are notifying a very small group of customers on unlimited plans who use an extraordinary amount of data that they must move to one of the new Verizon Plans by August 31, 2016.

These users are using data amounts well in excess of our largest plan size 100GB .

While the Verizon Plan at 100GB is designed to be shared across multiple users, each line receiving notification to move to the new Verizon Plan is using well in excess of that on a single device.

collect
0
Sam Gibson 2016-10-16
img

The holy grail of any carrier plan is unlimited data.

Especially in today s day and age where one can reasonably spend hours upon hours streaming HD video, it s remarkably easy for even the most prudent smartphone user to go over his or her allotted data.

Of course, the carriers themselves welcome this because there s a lot of money to be made with overage charges.

As we reported just a few days ago, AT and Verizon, in 2016 alone, have already generated upwards of $600 million in revenue on overage charges alone.

Without question, the trend today is moving towards unlimited data, a selling point that Sprint, T-Mobile and AT all now get behind, albeit with some qualifications.

DON T MISS: Here s how Samsung might kill the Galaxy Note brand without actually killing it

collect
0
Brian Christy 2017-02-14
img

You read that right, though your skepticism is well-placed.

Verizon announced over the weekend that it s bringing back an unlimited data plan, for $80/month for a single line.

Of course, there are a few asterisks.

The new plan called Verizon Unlimited will be offered as a top tier service, alongside the metered data plans which Verizon calls Small, Medium, and Large .

If you have a grandfathered unlimited data plan, you shouldn t be affected, though as usual you can probably expect the carrier to try to push you over to this plan eventually.

Unlimited data also continues to be a misnomer.

collect
0
Billy Clark 2016-06-06
img

ASSOCIATED PRESS

Verizon Communications Inc. on Monday planned to submit a second-round bid of about $3 billion for Yahoo Inc. s core internet business, said a person familiar with the matter.

collect
0
Sean Biro 2017-01-10
img

If there s one thing Verizon loves to do, it s bouncing around the cost of its smartphone upgrade fee.

After Verizon introducing a $20 upgrade fee in April 2016, it's now raising the cost even further.

Whenever you swap out your existing phone—whether through a straight-up purchase or a monthly payment plan with the carrier—Verizon adds $30 to your bill.

Verizon will refund the charge to anyone who returns their new device within 14 days after purchasing it.

When asked about the reason for the price increase Verizon didn t have much to say beyond a boilerplate statement.

These fees help cover increased cost to provide customers with America s largest and fastest 4G LTE network, Verizon told Ars Technica.

collect
0
Peter Williams 2016-07-06
img

As reported earlier this week, Verizon has confirmed that it will be raising prices for its wireless customers by $5 to $10 per month, depending on the size of the plan.

It s not all bad news though, as the carrier has also announced that customers will be able to carry unused data over to the following month and will have to option to pay $5 for a Safety Mode feature which will slow data speeds in order to help customers stay under their monthly limits.

DON T MISS: New 3D technical drawings show every inch of the iPhone 7 s housing

You can see the updated prices for the new Verizon plans below:

As you can see, carryover data comes included with every plan, but XL and XXL subscribers will receive Safety Mode, as well as unlimited calling to Mexico and Canada and talk, text and data in Mexico and Canada free of charge.

In addition to the new plans, Verizon is also updating its My Verizon app, giving customers the ability to see how much data they ve used, change the size of their plan, buy a new phone, turn on Safety Mode or chat with customer service.

collect
0
Beatrice Patterson 2017-01-10

They say there s no such thing as a free lunch.

To that, we add there s no such thing as unlimited data.

A point of contention with regulators, carriers have redefined what the word unlimited means, which now means, limited to a certain amount somewhat arbitrarily set by us .

That certain amount, in Verizon s case, has never been officially publicized but is now being confirmed to be 200 GB a month on average.

Such users are being given an ultimatum to change to a new, not-unlimited plan or take a hike.

The discussion around what constitutes unlimited data, or the advertisement of such, will go on and on, but, until forced otherwise, carriers will be putting a cap on those.

collect
0
Paul Jennette 2016-08-01

Verizon Communications Inc. said Monday that it agreed to acquire mobile workforce-solutions company Fleetmatics Group PLC for $2.4 billion, widening Verizon s fleet operations as it looks to diversify.

The deal, at $60 a share in cash, represents a nearly 40% premium to Fleetmatics closing price Friday of $42.96.

Shares of Fleetmatics rose 39% to $59.66 in morning trading in New York and are up 65% in the past three months.

Verizon stock, up 20% this year, edged down 0.1% to $55.35.

Fleetmatics web-based GPS tracking systems allow fleet operators to monitor vehicle location, fuel usage, speed and mileage, and other insights into their mobile workforce.

Fleetmatics opened on the New York Stock Exchange in 2012 at $22.95, up from its $17 offer price.

collect
0
Charles Michels 2017-07-26
img

Verizon Communications Inc., the U.S.’s largest wireless carrier by subscribers, is scheduled to report second-quarter results before the market opens Thursday.

Here’s what you need to know:

EARNINGS FORECAST: Analysts are expecting earnings of 96 cents per...

Brian Williams 2021-04-28
img
Verizon Communications is looking into selling its media assets, according to a report from the Wall Street Journal.
James Woodson 2016-08-01

MoreThe logo of Verizon is seen at a retail store in San Diego, California April 21, 2016.

REUTERS/Mike Blake/File Photo - RTSJQRX

Reuters - Verizon Communications Inc said it will buy GPS vehicle tracking company Fleetmatics Group Plc for about $2.4 billion in cash.

Verizon will pay $60 per Fleetmatics share, a premium of about 40 percent to Friday's close.

John Applebaum 2016-10-14
img

Verizon isn t very fond of unlimited data plans.

The company hasn t offered one since 2011, has made efforts to kick users off grandfathered plans, and its CFO Fram Shammo notably declared that you cannot make money on an unlimited video world — Verizon saw $8.0 billion in profit on $21.7 billion in second-quarter revenues, but I digress.

Well now the company is opening up to the idea of unlimited high-speed data, but with its own twist to keep usage under control: you can get either 30 minutes for $2 or 1 hour for $3.

The timed limit under the new PopData program is meant so that you can enjoy an occasional spike in data usage without having to worry about your data cap — for example, to download several music playlists, or enjoying a video stream when Wi-Fi is not an option.

PopData can bu purchased from the My Verizon app on Android, iPhone and iPad devices, under Data Meter Get More Data.

It ll only be available if you are able to get a 4G signal in your location and if there s no network congestion, otherwise it will be grayed out.

James Neely 2016-07-22
img

Verizon isn t messing around when it comes to data.

Users that consume more than 100GB per month via legacy unlimited plans will either be forced onto tiered plans or kicked off the network altogether.

Speaking to Ars Technica, the company notes it affects a small group of users:

Because our network is a shared resource and we need to ensure all customers have a great mobile experience with Verizon, we are notifying a very small group of customers on unlimited plans who use an extraordinary amount of data that they must move to one of the new Verizon Plans by August 31, 2016.

These users are using data amounts well in excess of our largest plan size 100GB .

While the Verizon Plan at 100GB is designed to be shared across multiple users, each line receiving notification to move to the new Verizon Plan is using well in excess of that on a single device.

Brian Christy 2017-02-14
img

You read that right, though your skepticism is well-placed.

Verizon announced over the weekend that it s bringing back an unlimited data plan, for $80/month for a single line.

Of course, there are a few asterisks.

The new plan called Verizon Unlimited will be offered as a top tier service, alongside the metered data plans which Verizon calls Small, Medium, and Large .

If you have a grandfathered unlimited data plan, you shouldn t be affected, though as usual you can probably expect the carrier to try to push you over to this plan eventually.

Unlimited data also continues to be a misnomer.

Sean Biro 2017-01-10
img

If there s one thing Verizon loves to do, it s bouncing around the cost of its smartphone upgrade fee.

After Verizon introducing a $20 upgrade fee in April 2016, it's now raising the cost even further.

Whenever you swap out your existing phone—whether through a straight-up purchase or a monthly payment plan with the carrier—Verizon adds $30 to your bill.

Verizon will refund the charge to anyone who returns their new device within 14 days after purchasing it.

When asked about the reason for the price increase Verizon didn t have much to say beyond a boilerplate statement.

These fees help cover increased cost to provide customers with America s largest and fastest 4G LTE network, Verizon told Ars Technica.

Beatrice Patterson 2017-01-10

They say there s no such thing as a free lunch.

To that, we add there s no such thing as unlimited data.

A point of contention with regulators, carriers have redefined what the word unlimited means, which now means, limited to a certain amount somewhat arbitrarily set by us .

That certain amount, in Verizon s case, has never been officially publicized but is now being confirmed to be 200 GB a month on average.

Such users are being given an ultimatum to change to a new, not-unlimited plan or take a hike.

The discussion around what constitutes unlimited data, or the advertisement of such, will go on and on, but, until forced otherwise, carriers will be putting a cap on those.

Marcel Carroll 2019-03-19

Tim Armstrong will leave Verizon Communications with an awards and benefits package worth more than $60 million.

The Wall Street Journal calculated the total amount based on a securities filing from last Monday by combining Armstrong’s compensation in 2018, severance and a special incentive package he was given by Verizon when it acquired AOL in 2015.

Armstrong was head of Oath (now called Verizon Media), which took a write down of $4.5 billion last year and laid off seven percent of its workforce as it struggled to compete with other digital media companies.

Oath, the company’s digital media unit, was created in 2017 by merging AOL and Yahoo, two companies acquired by Verizon Communications.

(Disclosure: TechCrunch was part of AOL, then Oath and now Verizon Media).

Verizon Communications announced Oath’s $4.5 billion after-tax write down at the end of last year.

Linda Schilk 2018-11-06
img

On Tuesday, Verizon announced a few changes to its prepaid plans to give you a little more bang for your buck.

Starting Nov. 6, Verizon will give customers a $5 discount per line if they set up autopay.

These discounts apply to any of the Verizon Prepaid plans that cost $40 or more per month -- so it doesn't apply to the $30/month 500MB plan.

That discount brings the prepaid plans to $35/month for 3GB of data, $45/month for 8GB of data (previously 7GB) and $65/month for unlimited.

You can check out Verizon's lineup in the graphic below:

You can also add up to 10 lines with these plans (previously 5 lines), and you can add tablets and Jetpacks for the same price as smartphones.

Charles Houston 2016-08-23
img

The jury s back, and the verdict favors Verizon.

According to RootMetrics most recent network performance test, Verizon was ranked the best overall network, taking top honors in reliability, speed, data, calling, and text messaging.

In second place in nearly every category was AT, though Sprint took the silver in the calls category.

These results closely resemble those of RootMetrics second-half 2015 test, but for those of you using other carriers, don t worry.

Other testing firms have published rather different results — for example, OpenSignal called T-Mobile the best overall network, and according to Speedtest.net, the Un-carrier is the fastest network, too.

All the same, RootMetrics recent findings give Verizon a leg up on the competition for the time being, at least providing the carrier with some more marketing material to justify its premium costs.

Robert Holloway 2016-07-14
img

For nearly a year, Verizon has been slowly adding $20 to the plan price for the stragglers who still have unlimited data.

Starting August 21st, Verizon s coming for the last of them with Phase 3" of their rollout.

As pointed out by Android fan site Droid-Life, Verizon s price increase for unlimited customers has been happening gradually.

This new Phase 3 seems to be going after users with unlimited Alltel plans and all-in-one plans.

Most customers have probably already seen the price increase, but if you ve managed to avoid it, your days are numbered.

The price hike will raise unlimited data pricing from $30 to $50.

Sam Gibson 2016-10-16
img

The holy grail of any carrier plan is unlimited data.

Especially in today s day and age where one can reasonably spend hours upon hours streaming HD video, it s remarkably easy for even the most prudent smartphone user to go over his or her allotted data.

Of course, the carriers themselves welcome this because there s a lot of money to be made with overage charges.

As we reported just a few days ago, AT and Verizon, in 2016 alone, have already generated upwards of $600 million in revenue on overage charges alone.

Without question, the trend today is moving towards unlimited data, a selling point that Sprint, T-Mobile and AT all now get behind, albeit with some qualifications.

DON T MISS: Here s how Samsung might kill the Galaxy Note brand without actually killing it

Billy Clark 2016-06-06
img

ASSOCIATED PRESS

Verizon Communications Inc. on Monday planned to submit a second-round bid of about $3 billion for Yahoo Inc. s core internet business, said a person familiar with the matter.

Peter Williams 2016-07-06
img

As reported earlier this week, Verizon has confirmed that it will be raising prices for its wireless customers by $5 to $10 per month, depending on the size of the plan.

It s not all bad news though, as the carrier has also announced that customers will be able to carry unused data over to the following month and will have to option to pay $5 for a Safety Mode feature which will slow data speeds in order to help customers stay under their monthly limits.

DON T MISS: New 3D technical drawings show every inch of the iPhone 7 s housing

You can see the updated prices for the new Verizon plans below:

As you can see, carryover data comes included with every plan, but XL and XXL subscribers will receive Safety Mode, as well as unlimited calling to Mexico and Canada and talk, text and data in Mexico and Canada free of charge.

In addition to the new plans, Verizon is also updating its My Verizon app, giving customers the ability to see how much data they ve used, change the size of their plan, buy a new phone, turn on Safety Mode or chat with customer service.

Paul Jennette 2016-08-01

Verizon Communications Inc. said Monday that it agreed to acquire mobile workforce-solutions company Fleetmatics Group PLC for $2.4 billion, widening Verizon s fleet operations as it looks to diversify.

The deal, at $60 a share in cash, represents a nearly 40% premium to Fleetmatics closing price Friday of $42.96.

Shares of Fleetmatics rose 39% to $59.66 in morning trading in New York and are up 65% in the past three months.

Verizon stock, up 20% this year, edged down 0.1% to $55.35.

Fleetmatics web-based GPS tracking systems allow fleet operators to monitor vehicle location, fuel usage, speed and mileage, and other insights into their mobile workforce.

Fleetmatics opened on the New York Stock Exchange in 2012 at $22.95, up from its $17 offer price.