Verizon news stories on Newser

iPhone Kills Carrier Profits

Neal Colgrass — Sat, 11 Feb 2012 16:00:05 CST

Apple's profits are soaring , but at the expense of cell phone carriers who subsidize iPhone sales. AT&T, Verizon, and Sprint all pay about $600 for iPhones that they resell to customers for $200. The carriers figure they'll make up the loss with monthly cell phone bills—but Verizon and AT&T...

Verizon, Redbox Team Up to Take Down Netflix

Evann Gastaldo — Mon, 06 Feb 2012 12:20:26 CST

Watch out, Netflix: Verizon and Redbox are teaming up. Verizon announced today it will enter the video streaming business in a joint venture with Coinstar, the parent company of Redbox DVD rental kiosks, Mashable reports. Verizon said the new service, which will also include access to DVD and Blu-ray discs,...

Verizon Scraps $2 Fee

John Johnson — Fri, 30 Dec 2011 14:38:37 CST

About that new $2 "convenience fee" for Verizon Wireless customers: Never mind. The company backtracked quickly today and scrapped its plan to charge customers who make one-time payments online or by phone, reports the Wall Street Journal . Online petitions in protest sprang up immediately , and federal regulators said they were...

Customers Not Happy About Verizon's New $2 Fee

Evann Gastaldo — Fri, 30 Dec 2011 07:49:33 CST

Will outraged consumers convince Verizon to backtrack on its newest fee , just as they did with Bank of America ? Perhaps: The New York Times notes that yesterday's announcement of the $2 fee, which will be levied against customers who make one-time bill payments using a credit or debit card...

Verizon to Charge $2 for One-Off Payments

Thu, 29 Dec 2011 12:42:38 CST

For those complaining that their cellphone bill is just too darn cheap: Verizon Wireless, the country's largest cellphone company, is introducing a $2 fee for every payment subscribers make over the phone or online with their credit cards. The company says this "convenience fee" will be introduced Jan. 15. The...

Verizon 'Emergency' Text Spooks New Jersey

Rob Quinn — Tue, 13 Dec 2011 06:33:00 CST

Verizon sparked panic in central New Jersey yesterday by sending thousands of customers a text message reading: "Civil Emergency in this area until 1:24 PM EST Take Shelter Now US Govern." Verizon says the message, which caused 911 dispatchers to be swamped with calls, was part of an internal...

Verizon Plans Netflix Rival

Matt Cantor — Tue, 06 Dec 2011 17:27:54 CST

As if Netflix's year hasn't been tough enough. The streaming movie company may soon face a new rival in the form of a Verizon online video service, Reuters reports. The service would be available to 85 million households outside Verizon's current FIOS broadband and cable markets, and could be ready...

Verizon Deal With Cable TV Could Be Game-Changer

Mark Russell — Sat, 03 Dec 2011 06:40:02 CST

A new $3.6 billion deal between Verizon and three major cable TV companies is threatening to change a fierce rivalry between competitors into a partnership that critics fear would restrict consumer choice, reports the Washington Post . Mobile service, Internet, and cable TV providers have been locked in an intense...

How Wireless Companies Rip You Off

Matt Cantor — Wed, 26 Oct 2011 12:40:00 CDT

Wireless carriers call for minimum regulations on their industry, claiming their market is competitive. But with consumers bound by two-year contracts, it’s easy for companies like Verizon and AT&T to take advantage. It’s time for the FCC to get serious about protecting wireless users, the editors of the New York...