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Posts Tagged ‘Verizon Wireless’

Samsung Galaxy S III tipped to land on all four major U.S. carriers

Friday, May 4th, 2012

Galaxy S III coming to all four major carriers

Samsung’s new flagship smartphone may launch on all four major U.S. carriers as well as a number of regional carriers beginning this summer. Samsung on Thursday unveiled the Galaxy S III during a press conference in London, and the vendor said its sleek new smartphone will launch on nearly 300 different wireless service providers around the world in the coming months. At the same time, Samsung added a page on its U.S. website that allows users to sign up to receive more information about the Galaxy S III when it becomes available. On the page, a drop-down menu asks users to select their carrier preference, and found within that list are AT&T, C Spire Wireless, MetroPCS, Sprint, T-Mobile, U.S. Cellular and Verizon Wireless. While this is by no means confirmation that the handset will launch on each of the seven carriers listed, it seems unlikely that Samsung would simply list random carriers and omit popular options such as Cricket, which currently offers a Samsung smartphone, and other sizable regional carriers. Samsung’s current flagship phone, the Galaxy S II, is available from all major U.S. carriers with the exception of Verizon Wireless.

[Via TmoNews]

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Apple plans to crush carriers and offer direct mobile service, expert says

Tuesday, May 1st, 2012

Apple to crush carriers

Apple’s next huge move isn’t into the television or banking industries according to one expert. Instead, Apple will take on carriers like AT&T and Verizon Wireless by becoming a direct mobile service provider. Veteran wireless industry strategist Whitey Bluestein, who has managed strategic deals for the likes of AT&T, Intel, T-Mobile, Verizon, Microsoft, Nokia and Best Buy, says Apple will soon begin to offer wireless service directly to iPhone and iPad users. Apple has the distribution channels, digital content portfolio and customer base to make the move, Bluestein says, and it also has more than 250 million credit cards on file for iTunes users who could be billed directly for wireless service.

“The battleground is set, but Apple will be the first mover,” Bluestein said while speaking at the Informa MVNO Industry Summit in Barcelona. “Google will have to scramble because it lacks retail distribution, experience with subscriber services and the iTunes ecosystem of content. iTunes and the iTunes Store provide Apple with one-click buying and customer care. Google can acquire most of these capabilities, as it has before, but it is not a core competency of the company.”

Bluestein also notes that Apple has patent-pending network architecture, with patents filed in 2006, that will empower its move into the mobile service provider industry. Apple’s biggest barrier thus far has been the large subsidies carriers pay to keep end-user iPhone pricing affordable, however Apple’s huge cash reserves could be used to remove that road block completely.

“What has been holding Apple back from becoming a wireless provider already, according to Bluestein, are the enormous handset subsidies paid by mobile operators (AT&T, VZW and Sprint in the US), which amount to about $381 for each iPhone sold today,” Bluestein noted. ”That has been a short-term stumbling block for Apple, but the company has its well-known cash reserves and could seize the initiative at any point.”

Such a move could help Apple avoid a potential threat from wireless carriers, though Apple CEO Tim Cook said his company is not concerned with the possibility of carrier’s squeezing subsidies.

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Verizon Wireless announces new prepaid plans

Monday, April 30th, 2012

Verizon's new prepaid plans

Verizon Wireless on Monday announced a new prepaid plan that offers unlimited talk, text, and 1GB of data for $80. The monthly plan is only being offered on the 3G Samsung Illusion, which can be had for $169.99 and will be available at Best Buy, Target, RadioShack and Walmart. Verizon also announced three different prepaid plans for its Jetpack 4G LTE Mobile Hotspot. The nation’s largest carrier is offering 250MB of data for usage for a week for $15, 3GB of data per month for $60, and 10GB a month for $90. The Verizon Jetpack 4510L will be available for $129.99. Verizon’s press release follows below.

Verizon Wireless Announces New Prepaid Plans

Unlimited Talk, Text and 1 GB of Data Smartphone Plan for $80 per Month; First Prepaid 4G Jetpack Offers a Variety of Mobile Broadband Data Plan OptionsBASKING

RIDGE, N.J., April 30, 2012 /PRNewswire/ — Verizon Wireless today announced the availability of a new prepaid plan beginning May 1, offering unlimited talk and text messaging, as well as 1 GB of data for $80 per month. This monthly plan, available on the prepaid Samsung Illusion™, provides customers with an affordable, flexible option to take advantage of the nation’s largest, most reliable 3G network without the commitment of an annual contract. The Samsung Illusion prepaid package will be available in Verizon Wireless Communications Stores and online at www.verizonwireless.com for $169.99. In the coming weeks, the Samsung Illusion prepaid will also be available at Best Buy®, Target®, RadioShack and Walmart.Additionally, starting May 1, customers can purchase a prepaid Verizon Jetpack™ 4G LTE Mobile Hotspot MiFi® 4510L and take advantage of new prepaid Mobile Broadband plans. With the prepaid Jetpack, customers can now create a personal Wi-Fi cloud capable of sharing the high-speed Internet connectivity of the Verizon Wireless 4G LTE network with up to five Wi-Fi-enabled devices simultaneously. Prepaid 4G LTE Mobile Broadband plans are as follows:

  • $15 for 250 MB of data weekly
  • $60 for 3 GB of data monthly
  • $90 for 10 GB of data monthly

The Verizon Jetpack 4G LTE Mobile Hotspot MiFi 4510L prepaid package will be available in Verizon Wireless Communications Stores and online at www.verizonwireless.com for $129.99. In the coming weeks, it will also be available at Best Buy, RadioShack and Walmart.

 

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Verizon’s Summer / Fall 2012 smartphone roadmap

Thursday, April 26th, 2012

Verizon launching iPhone 5, Galaxy S III, Motorola RAZR HD in Fall

While Samsung’s Galaxy S3 has been the star of the rumor show for the past few months — with BGR leading the pack — we now have a clear picture of the smartphone landscape for late summer and early fall this year. BGR has exclusively learned details about most, if not all of Verizon Wireless’s flagship smartphone launches for the remainder of 2012, and things are definitely looking good for Verizon subscribers in 2012. All the details follow after the break.

For starters, Verizon Wireless will indeed be offering the Samsung Galaxy S3 — Verizon notably passed on the Galaxy S II in favor of the Samsung Galaxy Nexus — but we don’t know when the carrier will start selling Samsung’s new flagship smartphone. While we have a clear picture of Verizon’s fall smartphone lineup, we would assume the Galaxy S III will be available over the summer.

Speaking of Android smartphones, there are “multiple” Motorola RAZR models due to hit Verizon in the coming months, one of which will most likely be the Motorola RAZR HD (or a name similar to that) with a larger and clearer display.

HTC might actually be the star of the Android show this time around though, as we have been told HTC will have a major flagship device hitting Verizon shelves in the fall. It’s said to feature a whopping 5-inch 1080p HD display (a non-PenTile screen), a new chipset that includes a quad-core Krait CPU and an Adreno 320 GPU, HTC Sense 5 and a Scribe pen. Yes, HTC is launching a Galaxy Note competitor.

Lastly, as we reported late last year, Apple’s next-generation iPhone is currently slated for a fall release.

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Verizon plans big Windows Phone push for the holidays

Friday, April 20th, 2012

Verizon Wireless chief financial officer Fran Shammo said the company is looking to market a third mobile platform to help develop a strong competitor to Apple and Google. That operating system will be Microsoft’s upcoming Windows Phone 8. “We’re really looking at the Windows Phone 8.0 platform because that’s a differentiator. We’re working with Microsoft on it,” Shammo said in an interview with Reuters following the company’s earnings call on Thursday. The carrier expects to have Windows Phone 8-powered handsets in time for the 2012 holiday shopping season. The executive suggested that Verizon could play a similar role in helping Microsoft’s platform to grow as it did with Google’s Android OS.

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Verizon Wireless to launch shared data plans this summer

Thursday, April 19th, 2012

Verizon Wireless confirmed plans on Thursday to launch a new feature this summer that will allow families to share a single data plan. Verizon CEO Lowell McAdam has discussed the carrier’s plans to launch the new data feature in the past, and the executive stated that shared data plans will become available by the end of this year. Now, during the company’s first-quarter earnings call on Thursday, McAdam clarified that shared data plans will become available to Verizon Wireless subscribers by the middle of the summer. McAdam did not share any details regard pricing.

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Verizon reports Q1: Earnings up 16%, 734,000 net subscriber additions

Thursday, April 19th, 2012

Verizon on Wednesday reported earnings for the first quarter that narrowly beat analysts’ expectations. The nation’s top carrier posted a profit of $0.59 per share, up about 16% over the same quarter last year and $0.01 above Wall Street’s consensus. Revenue grew 4.6% year over year to $28.2 billion, and net subscriber additions totaled 734,000. Verizon said that 47% of its postpaid subscriber base owned smartphones at the end of the first quarter, up from 43.5% in the same quarter last year. Monthly average revenue per user grew 3.4% to $53.66. ”Verizon delivered double-digit earnings growth and strong cash flow this quarter,” Verizon CEO Lowell McAdam said. “We built momentum coming out of 2011, and our results show that we continue to execute in the key growth areas of our business. Verizon Wireless produced both great growth and great margins, and we produced another strong quarter of FiOS growth. We are confident we will improve Wireline margins for the full year. Our repositioning of Verizon Enterprise Solutions has better aligned our strengths in high-growth markets, and we expect our enterprise business to contribute even more to overall Wireline revenue growth and profitability over time.” Verizon’s full press release follows below.

Verizon Reports Double-Digit Earnings Growth and Increased Operating Cash Flow in First-Quarter 2012

Verizon Wireless Increases Service Revenues by 7.7 Percent, Expands Margins; Demand Remains Strong for FiOS and Strategic Services

1Q 2012 HIGHLIGHTS

Consolidated

  • 59 cents in diluted earnings per share (EPS), compared with 51 cents per share in 1Q 2011 – a 15.7 percent increase.
  • $6.0 billion in cash flow from operating activities, up $922 million compared with 1Q 2011.
  • 4.6 percent year-over-year quarterly revenue growth. 

Wireless

  • 7.7 percent year-over-year increase in service revenues in 1Q 2012; 8.9 percent year-over-year increase in retail service revenues; highest growth rate in three years; data revenues up 21.1 percent; 28.6 percent operating income margin and 46.3 percent Segment EBITDA margin on service revenues (non-GAAP).
  • 734,000 retail net customer additions, excluding acquisitions and adjustments, includes 501,000 retail postpaid net customer additions; continued low retail postpaid churn of 0.96 percent.
  • 93.0 million total retail customers; 88.0 million total retail postpaid customers.

Wireline

  • 193,000 FiOS Internet and 180,000 FiOS Video net additions, with increased sales penetration for both products; net increase of 104,000 broadband connections from 4Q 2011; FiOS Internet customers now total more than 5 million.
  • 8.1 percent year-over-year increase in consumer ARPU; 63 percent of consumer revenues generated by FiOS.
  • 11.6 percent increase in strategic services revenues, representing 51 percent of global enterprise revenues.

NEW YORK – Verizon Communications Inc. (NYSE, Nasdaq: VZ) today reported double-digit percentage growth in year-over-year quarterly earnings results and increased cash flow in first-quarter 2012.  Verizon Wireless posted another quarter of profitable revenue growth, while Verizon’s Wireline segment posted another quarter of customer and revenue gains for FiOS fiber-optic services, and increased sales of strategic business services.

Verizon reported 59 cents in EPS in first-quarter 2012, an increase of 15.7 percent compared with first-quarter 2011 earnings of 51 cents per share.  There were no adjustments in either period.

‘On Track to Continue to Deliver Strong Results’ 

“Verizon delivered double-digit earnings growth and strong cash flow this quarter,” said Lowell McAdam, Verizon chairman and CEO.  “We built momentum coming out of 2011, and our results show that we continue to execute in the key growth areas of our business.  Verizon Wireless produced both great growth and great margins, and we produced another strong quarter of FiOS growth.  We are confident we will improve Wireline margins for the full year.  Our repositioning of Verizon Enterprise Solutions has better aligned our strengths in high-growth markets, and we expect our enterprise business to contribute even more to overall Wireline revenue growth and profitability over time.”

He added: “We remain confident in our ability to take advantage of the growth opportunities we see, and we are focused on driving operating efficiencies.  We are on track with our plans and expect to continue to deliver strong results.”

Strong Cash Flows, Increased Capital Efficiency 

In first-quarter 2012, Verizon’s total operating revenues were $28.2 billion on a consolidated basis, an increase of 4.6 percent compared with first-quarter 2011.

Consolidated operating income was $5.2 billion in first-quarter 2012, compared with $4.5 billion in first-quarter 2011.  Consolidated EBITDA (non-GAAP, earnings before interest, taxes, depreciation and amortization) totaled $9.2 billion in first-quarter 2012, compared with $8.5 billion in first-quarter 2011.

Cash flow from operating activities totaled $6.0 billion in first-quarter 2012, an increase of $922 million compared with first-quarter 2011.  Capital expenditures totaled $3.6 billion in first-quarter 2012, a decrease of $798 million compared with first-quarter 2011, as Verizon improved its capital-to-revenue efficiency.  Free cash flow (non-GAAP, cash flow from operations less capex) was $2.4 billion in first-quarter 2012, compared with $672 million in first-quarter 2011.  Verizon expects increasing free cash flow levels through 2012.

Verizon Wireless Delivers Strong Financial, Operational Results

In first-quarter 2012, Verizon Wireless delivered strong growth in revenues and retail customers; increased retail postpaid ARPU (average monthly service revenue per user) and smartphone penetration; and delivered a strong EBITDA margin.

Wireless Financial Highlights

·         Service revenues in the quarter totaled $15.4 billion, up 7.7 percent year over year.  Retail service revenues grew 8.9 percent year over year, to $14.9 billion, an increase of 110 basis points over fourth-quarter 2011 and the highest growth rate in three years.

·         Data revenues were $6.6 billion, up $1.1 billion – or 21.1 percent – year over year, and represent 42.9 percent of all service revenues.  Total revenues were $18.3 billion, up 8.2 percent year over year.

·         Retail postpaid ARPU grew 3.6 percent over first-quarter 2011, to $55.43.  Retail postpaid data ARPU increased to $23.80, up 16.0 percent year over year.  Retail service ARPU grew 3.4 percent, to $53.66.

·         Wireless operating income margin was 28.6 percent.  Segment EBITDA margin on service revenues (non-GAAP) was 46.3 percent.

Wireless Operational Highlights

·         Verizon Wireless added 734,000 retail net customers in the first quarter, including 501,000 retail postpaid net customers.  These additions exclude acquisitions and adjustments.

·         At the end of the first quarter, the company had 93.0 million retail customers, a 5.2 percent increase year over year, including 88.0 million retail postpaid customers.

·         At the end of the first quarter, nearly 47 percent of Verizon Wireless’ retail postpaid customer phone base were smartphones, up from 43.5 percent at the end of fourth-quarter 2011.

·         Retail postpaid churn was 0.96 percent, an improvement of 5 basis points year over year. Total retail churn was 1.24 percent, an improvement of 9 basis points year over year.

·         Verizon Wireless continued to roll out its 4G LTE mobile broadband network, the largest such network in the U.S.  As of today, Verizon Wireless 4G LTE service is available to more than 200 million people in 230 markets across the U.S. – more than two-thirds of the population.

·         Verizon Wireless introduced five new 4G LTE devices in the first quarter 2012:  the Droid 4 and Droid Razr Maxx by Motorola, the Spectrum and Lucid by LG, and the Samsung Galaxy Tab 7.7.  In addition, the Apple iPad with Wi-Fi + 4G became available from Verizon Wireless in mid-March.

FiOS Continues to Add Customers, Increase Sales Penetration

In first-quarter 2012 in the Wireline segment, continued strong demand for FiOS services led to revenue growth generated by U.S. consumer wireline customers and continued gains in FiOS sales penetration.  Globally, continued strong sales of strategic services helped mitigate lower revenues resulting from Verizon’s targeted efforts to eliminate products that do not meet the company’s profitability requirements, and continued secular pressures in wholesale.

Wireline Financial Highlights

·         First-quarter 2012 operating revenues were $9.9 billion, a decline of 2.0 percent compared with first-quarter 2011.  Wireline operating income margin was 1.6 percent, compared with 2.8 percent in first-quarter 2011, and Segment EBITDA margin (non-GAAP) was 22.6 percent, compared with 23.6 percent in first-quarter 2011.

·         Consumer revenues grew 1.7 percent compared with first-quarter 2011.  Consumer ARPU for wireline services was $97.88 in first-quarter 2012, up 8.1 percent compared with first-quarter 2011.  ARPU for FiOS customers continued to total more than $148 in first-quarter 2012.  FiOS services to consumer retail customers represented 63 percent of consumer wireline revenues in first-quarter 2012.

·         Global enterprise revenues totaled $3.9 billion in the quarter, up 0.9 percent compared with first-quarter 2011.  Sales of strategic services – including Terremark cloud services, security and IT solutions, and strategic networking – increased 11.6 percent compared with first-quarter 2011 and represented 51 percent of global enterprise revenues in first-quarter 2012.

Wireline Operational Highlights

·         Verizon added 193,000 net new FiOS Internet connections and 180,000 net new FiOS Video connections in first-quarter 2012.  Verizon had a total of 5.0 million FiOS Internet and 4.4 million FiOS Video connections at the end of the quarter.

·         FiOS penetration (subscribers as a percentage of potential subscribers) continued to increase.  FiOS Internet penetration was 36.4 percent at the end of first-quarter 2012, compared with 33.1 percent at the end of first-quarter 2011.  In the same periods, FiOS Video penetration was 32.3 percent, compared with 29.1 percent.

·         Broadband connections totaled 8.8 million at the end of first-quarter 2012, a 3.3 percent year-over-year increase.  The net increase of 104,000 broadband connections from fourth-quarter 2011 was the highest quarterly net-add total since second-quarter 2009.

·         Verizon continued to expand its next-generation 100 gigabit-per-second network, enabling several more network routes in the U.S. and two additional routes in Europe.

·         The company also took advantage of the fully activated Europe India Gateway submarine cable system. The 15,000 kilometer high-bandwidth optical system, with a design capacity of 3.84 terabits per second, provides much needed diversity for future Internet, e-commerce, data, video and voice services from the United Kingdom to India.

Strategic Agreements Unveiled for Global Sales

Verizon Enterprise Solutions, a sales and marketing organization that harnesses all of Verizon’s cloud, mobility and technology solutions for business and government customers globally, unveiled strategic agreements in first-quarter 2012 to develop offerings in mobile health, electronic health records management and secure e-prescribing.

The organization also announced a digital-signage solution for retail customers, powered by Verizon’s 4G LTE network and infrastructure; unveiled new telematics solutions for the automotive and transportation industries; and rolled out a cross-platform open video communications capability.

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Verizon reports Q1: Earnings up 16%, 734,000 net subscriber additions

Thursday, April 19th, 2012

Verizon on Wednesday reported earnings for the first quarter that narrowly beat analysts’ expectations. The nation’s top carrier posted a profit of $0.59 per share, up about 16% over the same quarter last year and $0.01 above Wall Street’s consensus. Revenue grew 4.6% year over year to $28.2 billion, and net subscriber additions totaled 734,000. Verizon said that 47% of its postpaid subscriber base owned smartphones at the end of the first quarter, up from 43.5% in the same quarter last year. Monthly average revenue per user grew 3.4% to $53.66. ”Verizon delivered double-digit earnings growth and strong cash flow this quarter,” Verizon CEO Lowell McAdam said. “We built momentum coming out of 2011, and our results show that we continue to execute in the key growth areas of our business. Verizon Wireless produced both great growth and great margins, and we produced another strong quarter of FiOS growth. We are confident we will improve Wireline margins for the full year. Our repositioning of Verizon Enterprise Solutions has better aligned our strengths in high-growth markets, and we expect our enterprise business to contribute even more to overall Wireline revenue growth and profitability over time.” Verizon’s full press release follows below.

Verizon Reports Double-Digit Earnings Growth and Increased Operating Cash Flow in First-Quarter 2012

Verizon Wireless Increases Service Revenues by 7.7 Percent, Expands Margins; Demand Remains Strong for FiOS and Strategic Services

1Q 2012 HIGHLIGHTS

Consolidated

  • 59 cents in diluted earnings per share (EPS), compared with 51 cents per share in 1Q 2011 – a 15.7 percent increase.
  • $6.0 billion in cash flow from operating activities, up $922 million compared with 1Q 2011.
  • 4.6 percent year-over-year quarterly revenue growth. 

Wireless

  • 7.7 percent year-over-year increase in service revenues in 1Q 2012; 8.9 percent year-over-year increase in retail service revenues; highest growth rate in three years; data revenues up 21.1 percent; 28.6 percent operating income margin and 46.3 percent Segment EBITDA margin on service revenues (non-GAAP).
  • 734,000 retail net customer additions, excluding acquisitions and adjustments, includes 501,000 retail postpaid net customer additions; continued low retail postpaid churn of 0.96 percent.
  • 93.0 million total retail customers; 88.0 million total retail postpaid customers.

Wireline

  • 193,000 FiOS Internet and 180,000 FiOS Video net additions, with increased sales penetration for both products; net increase of 104,000 broadband connections from 4Q 2011; FiOS Internet customers now total more than 5 million.
  • 8.1 percent year-over-year increase in consumer ARPU; 63 percent of consumer revenues generated by FiOS.
  • 11.6 percent increase in strategic services revenues, representing 51 percent of global enterprise revenues.

NEW YORK – Verizon Communications Inc. (NYSE, Nasdaq: VZ) today reported double-digit percentage growth in year-over-year quarterly earnings results and increased cash flow in first-quarter 2012.  Verizon Wireless posted another quarter of profitable revenue growth, while Verizon’s Wireline segment posted another quarter of customer and revenue gains for FiOS fiber-optic services, and increased sales of strategic business services.

Verizon reported 59 cents in EPS in first-quarter 2012, an increase of 15.7 percent compared with first-quarter 2011 earnings of 51 cents per share.  There were no adjustments in either period.

‘On Track to Continue to Deliver Strong Results’ 

“Verizon delivered double-digit earnings growth and strong cash flow this quarter,” said Lowell McAdam, Verizon chairman and CEO.  “We built momentum coming out of 2011, and our results show that we continue to execute in the key growth areas of our business.  Verizon Wireless produced both great growth and great margins, and we produced another strong quarter of FiOS growth.  We are confident we will improve Wireline margins for the full year.  Our repositioning of Verizon Enterprise Solutions has better aligned our strengths in high-growth markets, and we expect our enterprise business to contribute even more to overall Wireline revenue growth and profitability over time.”

He added: “We remain confident in our ability to take advantage of the growth opportunities we see, and we are focused on driving operating efficiencies.  We are on track with our plans and expect to continue to deliver strong results.”

Strong Cash Flows, Increased Capital Efficiency 

In first-quarter 2012, Verizon’s total operating revenues were $28.2 billion on a consolidated basis, an increase of 4.6 percent compared with first-quarter 2011.

Consolidated operating income was $5.2 billion in first-quarter 2012, compared with $4.5 billion in first-quarter 2011.  Consolidated EBITDA (non-GAAP, earnings before interest, taxes, depreciation and amortization) totaled $9.2 billion in first-quarter 2012, compared with $8.5 billion in first-quarter 2011.

Cash flow from operating activities totaled $6.0 billion in first-quarter 2012, an increase of $922 million compared with first-quarter 2011.  Capital expenditures totaled $3.6 billion in first-quarter 2012, a decrease of $798 million compared with first-quarter 2011, as Verizon improved its capital-to-revenue efficiency.  Free cash flow (non-GAAP, cash flow from operations less capex) was $2.4 billion in first-quarter 2012, compared with $672 million in first-quarter 2011.  Verizon expects increasing free cash flow levels through 2012.

Verizon Wireless Delivers Strong Financial, Operational Results

In first-quarter 2012, Verizon Wireless delivered strong growth in revenues and retail customers; increased retail postpaid ARPU (average monthly service revenue per user) and smartphone penetration; and delivered a strong EBITDA margin.

Wireless Financial Highlights

·         Service revenues in the quarter totaled $15.4 billion, up 7.7 percent year over year.  Retail service revenues grew 8.9 percent year over year, to $14.9 billion, an increase of 110 basis points over fourth-quarter 2011 and the highest growth rate in three years.

·         Data revenues were $6.6 billion, up $1.1 billion – or 21.1 percent – year over year, and represent 42.9 percent of all service revenues.  Total revenues were $18.3 billion, up 8.2 percent year over year.

·         Retail postpaid ARPU grew 3.6 percent over first-quarter 2011, to $55.43.  Retail postpaid data ARPU increased to $23.80, up 16.0 percent year over year.  Retail service ARPU grew 3.4 percent, to $53.66.

·         Wireless operating income margin was 28.6 percent.  Segment EBITDA margin on service revenues (non-GAAP) was 46.3 percent.

Wireless Operational Highlights

·         Verizon Wireless added 734,000 retail net customers in the first quarter, including 501,000 retail postpaid net customers.  These additions exclude acquisitions and adjustments.

·         At the end of the first quarter, the company had 93.0 million retail customers, a 5.2 percent increase year over year, including 88.0 million retail postpaid customers.

·         At the end of the first quarter, nearly 47 percent of Verizon Wireless’ retail postpaid customer phone base were smartphones, up from 43.5 percent at the end of fourth-quarter 2011.

·         Retail postpaid churn was 0.96 percent, an improvement of 5 basis points year over year. Total retail churn was 1.24 percent, an improvement of 9 basis points year over year.

·         Verizon Wireless continued to roll out its 4G LTE mobile broadband network, the largest such network in the U.S.  As of today, Verizon Wireless 4G LTE service is available to more than 200 million people in 230 markets across the U.S. – more than two-thirds of the population.

·         Verizon Wireless introduced five new 4G LTE devices in the first quarter 2012:  the Droid 4 and Droid Razr Maxx by Motorola, the Spectrum and Lucid by LG, and the Samsung Galaxy Tab 7.7.  In addition, the Apple iPad with Wi-Fi + 4G became available from Verizon Wireless in mid-March.

FiOS Continues to Add Customers, Increase Sales Penetration

In first-quarter 2012 in the Wireline segment, continued strong demand for FiOS services led to revenue growth generated by U.S. consumer wireline customers and continued gains in FiOS sales penetration.  Globally, continued strong sales of strategic services helped mitigate lower revenues resulting from Verizon’s targeted efforts to eliminate products that do not meet the company’s profitability requirements, and continued secular pressures in wholesale.

Wireline Financial Highlights

·         First-quarter 2012 operating revenues were $9.9 billion, a decline of 2.0 percent compared with first-quarter 2011.  Wireline operating income margin was 1.6 percent, compared with 2.8 percent in first-quarter 2011, and Segment EBITDA margin (non-GAAP) was 22.6 percent, compared with 23.6 percent in first-quarter 2011.

·         Consumer revenues grew 1.7 percent compared with first-quarter 2011.  Consumer ARPU for wireline services was $97.88 in first-quarter 2012, up 8.1 percent compared with first-quarter 2011.  ARPU for FiOS customers continued to total more than $148 in first-quarter 2012.  FiOS services to consumer retail customers represented 63 percent of consumer wireline revenues in first-quarter 2012.

·         Global enterprise revenues totaled $3.9 billion in the quarter, up 0.9 percent compared with first-quarter 2011.  Sales of strategic services – including Terremark cloud services, security and IT solutions, and strategic networking – increased 11.6 percent compared with first-quarter 2011 and represented 51 percent of global enterprise revenues in first-quarter 2012.

Wireline Operational Highlights

·         Verizon added 193,000 net new FiOS Internet connections and 180,000 net new FiOS Video connections in first-quarter 2012.  Verizon had a total of 5.0 million FiOS Internet and 4.4 million FiOS Video connections at the end of the quarter.

·         FiOS penetration (subscribers as a percentage of potential subscribers) continued to increase.  FiOS Internet penetration was 36.4 percent at the end of first-quarter 2012, compared with 33.1 percent at the end of first-quarter 2011.  In the same periods, FiOS Video penetration was 32.3 percent, compared with 29.1 percent.

·         Broadband connections totaled 8.8 million at the end of first-quarter 2012, a 3.3 percent year-over-year increase.  The net increase of 104,000 broadband connections from fourth-quarter 2011 was the highest quarterly net-add total since second-quarter 2009.

·         Verizon continued to expand its next-generation 100 gigabit-per-second network, enabling several more network routes in the U.S. and two additional routes in Europe.

·         The company also took advantage of the fully activated Europe India Gateway submarine cable system. The 15,000 kilometer high-bandwidth optical system, with a design capacity of 3.84 terabits per second, provides much needed diversity for future Internet, e-commerce, data, video and voice services from the United Kingdom to India.

Strategic Agreements Unveiled for Global Sales

Verizon Enterprise Solutions, a sales and marketing organization that harnesses all of Verizon’s cloud, mobility and technology solutions for business and government customers globally, unveiled strategic agreements in first-quarter 2012 to develop offerings in mobile health, electronic health records management and secure e-prescribing.

The organization also announced a digital-signage solution for retail customers, powered by Verizon’s 4G LTE network and infrastructure; unveiled new telematics solutions for the automotive and transportation industries; and rolled out a cross-platform open video communications capability.

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Verizon announces new global data plans for international travelers

Wednesday, April 18th, 2012

Verizon Wireless on Wednesday announced new “easy-to-understand” Global Data Plans that will become available starting April 23rd. The nation’s largest carrier will offer U.S.-based customers 100MB of data for $25 per month, allowing users to access email, browse the Web and update social networks while traveling abroad. Verizon’s coverage includes 120 countries and destinations, including all of Europe, South America, the Caribbean, Mexico and Canada. Customers who require more data can purchase an additional 100MB for $25 or choose a pay-per-use plan with rates of $0.02 per kilobyte. Read on for Verizon’s press release.

New Verizon Wireless Global Data Plan Takes The Guesswork Out Of International Travel

BASKING RIDGE, NJ — Summer travel season is just around the corner, and Verizon Wireless is setting sail with a new, easy-to-understand Global Data Plan. Starting April 23, the new Verizon Wireless Global Data Plan offers U.S.-based customers 100 MB of data for $25 a month. For one low cost, customers can access email, browse the Web and update social networks while traveling outside the United States in 120 countries and destinations, including all of Europe, South America, the Caribbean, Mexico and Canada.

Pricing and Availability

With the new Verizon Wireless Global Data Plan, customers can purchase 100 MB of data for $25 a month. Prior to traveling outside the United States, customers should visit www.verizonwireless.com/global to determine their coverage needs.

To purchase a Global Data plan, customers are required to have a domestic data package and international eligibility, which requires minimum payment history.

Customers who require more than 100 MB of data while traveling will receive a notification via text message when an additional 100 MB of data for $25 has been automatically made available to them once they exceed their initial allotment.

Customers traveling to countries not covered under the Global Data Plan, but within Verizon Wireless global coverage areas, will be charged at Pay Per Use rates of $0.02 per KB.

Whether traveling to London for the big games this summer or Oktoberfest in Munich this fall, Verizon Wireless customers with global calling and data services can make and change hotel reservations on the fly, call for and download directions to local attractions and restaurants, and stay in touch with family and friends back home by sharing pictures via email and social networks.

Additional Resources

Verizon Wireless customers planning international getaways can take advantage of first-class tools and resources to help manage their wireless travel needs, putting their minds and budgets at ease before they go and once they arrive:

Verizon Wireless offers a wide range of global-ready devices, including smartphones, tablets and mobile hotspots. Customers can shop for global-ready devices at www.verizonwireless.com and select “Global Ready” when sorting devices by feature.

Verizon Wireless Trip Planner provides customers information they can use to plan their travels before they leave home, including details about global calling, country-specific coverage and device functionality.

To help travelers get their wireless bearings, Verizon Wireless greets travelers to most overseas destinations with a free welcome text message featuring helpful information for the country they are visiting, including dialing instructions for calling within and to phones outside the country; voice, text and data rates; as well as the ability to reach Verizon Wireless Global Technical Support.

Free Global Data Roaming Usage Alerts help travelers keep an eye on their wireless usage. Verizon Wireless customers automatically receive free alerts via text message or email when Global Data Roaming charges exceed certain thresholds.

Verizon Wireless operates a dedicated, toll-free global support number that will put customers in touch with one of the company’s U.S.-based support centers 24 hours a day, seven days a week. Customers outside the United States can reach the Global Technical Support Team by dialing the appropriate exit code for the country they are in and then 908-559-4899 – a free call from their device. Customers may also reach Global Technical Support free of charge by using the Verizon Wireless Global Calling Card, provided with their global-ready device, if their device is not usable.

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Verizon to add 27 new 4G LTE markets, expand in 47 others this week

Tuesday, April 17th, 2012

Verizon Wireless on Tuesday announced plans to bring its 4G LTE network to 27 new markets on Thursday and expand its service in 47 existing markets. The additional markets bring Verizon’s total coverage to 230 4G LTE markets across the United States, covering nearly two-thirds on the nation’s population. By the end of 2012, the carrier plans to have its LTE service available in more than 400 markets covering more than 260 million Americans. “Verizon Wireless 4G LTE is the premier wireless data service in the nation, with more than six times the geographic coverage of our nearest competitor’s 4G LTE network and now available to more than two-thirds of the nation’s population,” said David Small, chief technical officer of Verizon Wireless. “We will continue to introduce new markets and expand covered markets to ensure even more wireless users across the United States can take advantage of the benefits that 4G LTE brings to consumers, small businesses and enterprises.” Read on for Verizon’s press release.

Verizon Wireless 4G LTE Network Will Be Available To More Than 2/3 Of U.S. Population Starting April 19

BASKING RIDGE, NJ — Verizon Wireless, owner of the nation’s largest 4G Long Term Evolution (LTE) network, today announced that it will cover more than two-thirds of the U.S. population when it introduces its 4G LTE network in 27 new markets and expands in 44 markets on April 19. With the new and expanded markets, Verizon Wireless continues to lead the industry in 4G LTE deployment, offering network coverage in 230 markets across the United States. By the end of 2012, the Verizon Wireless 4G LTE network will be available in more than 400 markets, and will be available to more than 260 million people in the United States.

With the continued growth of the Verizon Wireless 4G LTE network, people in more areas of the United States will be able to take advantage of the speed and connectivity offered by the nation’s fastest 4G network. Verizon Wireless currently offers more than 20 4G LTE-enabled devices, including the new Lucid™ by LG and the Samsung Galaxy Tab™ 7.7.

“Verizon Wireless 4G LTE is the premier wireless data service in the nation, with more than six times the geographic coverage of our nearest competitor’s 4G LTE network and now available to more than two-thirds of the nation’s population,” said David Small, chief technical officer of Verizon Wireless. “We will continue to introduce new markets and expand covered markets to ensure even more wireless users across the United States can take advantage of the benefits that 4G LTE brings to consumers, small businesses and enterprises.”

“This year represents a year of growth and investment in our 4G LTE network, which stands out by virtue of its superb combination of coverage, speed and the variety of devices that we offer customers.”

On Thursday, April 19, the company will introduce its 4G LTE network in Auburn and Tuscaloosa, Ala.; Pine Bluff, Siloam Springs and Van Buren, Ark.; Visalia/Porterville, Calif.; Fort Walton Beach and Ocala, Fla.; Brunswick, LaGrange and Macon/Warner Robins, Ga.; Peoria, Ill.; Kokomo/Logansport and Marion, Ind.; Dodge City, Garden City, Great Bend and Hays, Kan.; Salisbury, Md.; Cattaraugus/Allegany, N.Y.; Sandusky, Ohio; Ardmore and Ponca City, Okla.; Salem/Albany/Corvallis, Ore.; Pierre, S.D.; and Big Springs and Tyler, Texas.

The company will also expand its 4G LTE network in Phoenix and Tucson, Ariz.; Bakersfield, Fresno, Modesto, Sacramento, Salinas/Monterey, San Diego, San Francisco, San Luis Obispo and Stockton, Calif.; Colorado Springs and Fort Collins/Loveland, Colo.; Sarasota/Bradenton, Fla.; Boise/Nampa, Idaho; Carbondale/Marion and Rockford, Ill.; Fort Wayne and Indianapolis, Ind.; Des Moines, Iowa; Boston and Worcester, Mass.; Detroit, Mich.; St. Louis, Mo.; Las Vegas and Reno, Nev.; Manchester/Nashua, N.H.; Albuquerque and Santa Fe, N.M.; Buffalo/Niagara Falls and New York, N.Y.; Akron, Cleveland and Columbus, Ohio; Oklahoma City and Tulsa, Okla.; Portland, Ore.; Providence/Pawtucket, R.I.; Nashville, Tenn.; El Paso, Texas; Provo/Orem and Salt Lake City/Ogden, Utah; and Olympia/Centralia and Spokane, Wash.

4G LTE Speed

In real-world, fully loaded network environments, 4G LTE users should experience average data rates of 5 to 12 megabits per second (Mbps) on the downlink and 2 to 5 Mbps on the uplink. When customers travel outside of 4G LTE coverage areas, devices automatically connect to Verizon Wireless’ 3G network, where available, enabling customers to stay connected from coast to coast. Verizon Wireless’ 3G network is the most reliable high-speed data network in the country and allows customers in 3G coverage areas who purchase 4G LTE devices today to take advantage of 4G LTE speeds when the faster network becomes available in their area or when they travel to areas already covered by Verizon Wireless’ 4G LTE network.

4G LTE Markets

On April 19, Verizon Wireless’ 4G LTE network will be available in 230 markets across the United States. Visit www.verizonwireless.com/lte for a full list of 4G LTE markets and additional information about Verizon Wireless’ 4G LTE network. For a comparison of Verizon Wireless’ 4G LTE network coverage to its competitors, street-level detail of coverage and more, please visit www.verizonwireless.com/4glte.

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High-definition version of Motorola’s RAZR in the works

Monday, April 16th, 2012

The name DROID RAZR HD has appeared in the EXIF data from a series of images uploaded to Picasa by a Motorola employee. The EXIF data shows that the handset is running Android 4.0.3 and its camera is equipped with a f/2.4 aperture camera. The photos in question were uploaded by Vic Yu, who is a software engineer and program manager at Motorola Mobility according to his Google+ and LinkedIn profiles. Last month, the first image of what was believed to be the unannounced DROID Fighter surfaced on a Chinese forum. The handset is said to be equipped with the same massive 3,300 mAh battery that is found in the RAZR MAXX and a 4.6-inch high-definition display. The phone also lacked the Android navigation buttons found on earlier RAZR models, suggesting that it makes use of the on-screen buttons found in Android 4.0 Ice Cream Sandwich. The DROID RAZR HD could possibly arrive on Verizon Wireless as the DROID Fighter, although nothing is confirmed for the time being. It should be noted that EXIF data can easily be manipulated, but an image of the data can be found after the break.

[Via Droid-Life]

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Sprint to launch Samsung’s Galaxy Nexus on April 22nd?

Thursday, April 12th, 2012

Samsung’s Galaxy Nexus has been available around the world for quite some time after officially making it’s debut on Verizon Wireless in December. Sprint’s version of the handset, which supports the company’s brand new LTE network, is currently slated for an April 22nd release according to one of our sources, which is in line with earlier rumors. Stores should be receiving merchandising materials shortly, and sales are set to start soon after. Whether you’ll actually be able to get an LTE signal, however, depends on if you’re a 1%-er — Sprint’s LTE network has gone live in a few regions during testing, but isn’t set to go live in launch markets until June. Sprint also plans to launch the LG Viper 4G LTE on April 22nd.

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Verizon HTC Incredible 4G gets press render, sheepishly grins for Mr. Blurrycam

Wednesday, April 11th, 2012
HTC Incredible 4G sheepishly grins for Mr. Blurrycam

Promise not to laugh, folks, because this one appears a bit camera shy: meet the HTC Incredible 4G for Verizon Wireless. As you can see, the designers have kept the same industrial, funky and yet austere style as before, and like the original, the famous red accents are back in the mix. The camera pod continues to exist as part of a larger protrusion on the back, which now sports a significant amount of texture. The number of capacitive buttons on the front has been reduced to three, with search now absent. The Incredible 4G is is most certainly an Ice Cream Sandwich device, complete with a Sense 4 overlay.

A quick peek at the hardware information reveals a dual-core 1.2GHz CPU, 1GB of RAM, 8GB of built-in storage, an 8MP primary camera and a front-facing VGA counterpart, along with 802.11a/b/g/n and Bluetooth 4.0 — as well as support for LTE, NFC and WiFi Direct. The display is estimated at 4-inches and is said to offer qHD resolution. In highly welcome bit of news, the camera is said to capture a rapid burst of images, which gives us hope that this is the same option found on the One X and One S. Nonetheless, it appears to be a mainstream, middle-of-the-road handset that will likely be priced between $100 and $150 on-contract. Be sure to hop the break for the press render, and for a few extra blurry snapshots, just hit up the source link below.

Continue reading Verizon HTC Incredible 4G gets press render, sheepishly grins for Mr. Blurrycam

Verizon HTC Incredible 4G gets press render, sheepishly grins for Mr. Blurrycam originally appeared on Engadget on Wed, 11 Apr 2012 18:03:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceAndroid Police, Pocketnow  | Email this | Comments

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Verizon pushes its upgrade fee to $30 on April 22nd

Wednesday, April 11th, 2012
Image

Ah, it was only a matter of time before Verizon decided to jump on the bandwagon of ridiculously high upgrade fees, now that Sprint and AT&T have both exercised the option. Big Red announced this morning that April 22nd will be the magic date in which it will charge you a cool $30 just for the privilege of purchasing a subsidized handset and signing a fresh two-year commitment. Granted, it’s still less than the $36 sum that Verizon’s two largest competitors now demand, but we’re going in the wrong direction here, folks. Catch the dreary announcement after the break.

Continue reading Verizon pushes its upgrade fee to $30 on April 22nd

Verizon pushes its upgrade fee to $30 on April 22nd originally appeared on Engadget on Wed, 11 Apr 2012 11:32:00 EDT. Please see our terms for use of feeds.

Permalink Android Central  |  sourceVerizon Wireless  | Email this | Comments

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U.S. carriers partner with FCC to track stolen cell phones

Tuesday, April 10th, 2012

The four major wireless providers in the United States have partnered with the Federal Communications Commission in an effort to curb cell phone theft, The Wall Street Journal reported on Tuesday. The wireless companies will build a central database of stolen cell phones, which will track phones that are reported as lost or stolen and deny them voice and data service. The goal of the database is to reduce crime by making it very difficult to use a stolen device. Verizon Wireless and Sprint currently block phones that are reported stolen from being reactivated. AT&T and T-Mobile do not, although all four carriers have now agreed to be part of the new database. Members of Congress are also expected to propose legislation to make it a crime to alter a cell phone’s unique identification number, according to the report. Similar stolen-phone databases are already in place in the U.K., Germany, France and Australia. While crime hasn’t completely stopped, the number of incidents has apparently declined. Carriers will roll out individual databases within six months that will be centralized over a 12-month period, with smaller regional wireless providers expected to join the database over the next two years.

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AT&T will spend more promoting the Lumia than it did on Apple’s iPhone [updated]

Monday, April 9th, 2012

In the coming months, AT&T will spend as much as $150 million to help promote Nokia’s latest flagship smartphone, the Lumia 900. According to Ad Age, the massive advertising budget is even greater than what the carrier spent promoting Apple’s iPhone, which continues to be the company’s top selling device. Since losing its exclusive partnership with Apple, AT&T has been adding smartphone subscribers at a slower rate than rival Verizon Wireless. With other revenue streams drying up, carriers are looking to add new smartphone users to propel growth from profitable data plans. “The bulk of the growth for carriers is coming from smartphone subscribers,” said Chris Larsen, telecom analyst for Piper Jaffray. “They generate higher monthly recurring fees and more revenue.” With Verizon nipping at the heels of AT&T’s smartphone users base — thanks to numerous high-end exclusives —the carrier needs to push its own exclusive smartphones to counter Verizon’s growth. “You can tell when you walk into a Verizon store they’ve made a lot of money selling Android—that’s what they’re promoting,” Forrester Research analyst Sarah Rotman Epps told Ad Age.

UPDATE: BGR has confirmed with a trusted source that AT&T’s marketing plans for the Nokia Lumia 900 are not in line with this report.

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We’re not the only ones carriers are overcharging; cell phone wiretap fees revealed

Wednesday, April 4th, 2012

Cell phone bills are a tough pill to swallow each month, often reaching well into the hundreds-of-dollars range for families or even individuals. Regional and prepaid carriers offer some relief, but users who need nationwide coverage and a wide variety of handsets to choose from often have no choice but to pay a premium. According to documents recently obtained and published by the American Civil Liberties Union, consumers and business users aren’t the only ones overpaying wireless carriers for service. Read on for more.

A series of documents detailing the rates each of the four major U.S. carriers charge law enforcement agencies to execute cell phone wiretaps was unearthed last month, and as Forbes reports, the rates are fairly surprising — or perhaps unsurprising, considering how much consumers and businesses pay.

According to the documents, T-Mobile charges law enforcement agencies a flat fee of $500 per “target” to execute a wiretap on a mobile phone. Sprint charges a similar $400 fee along with a daily fee of $10 capped at $2,000 for ongoing monitoring. AT&T bills law enforcement $325 per tap plus $5 per day for data monitoring and $10 per day for voice monitoring, and Verizon Wireless charges $750 per month to tap a cell phone.

Other services incur additional fees, Forbes reports. Carriers charge between $30 and $150 for access to a target’s text messages and voicemail, for example, and the companies bill between $30 and $150 per tower per hour to monitor the numbers of every user accessing a certain cell tower. To track a target’s location, carriers charge as much as $100 per day.

Both Verizon and Sprint confirmed to Forbes that the companies do not charge police in the case of emergencies. AT&T and T-Mobile declined to comment on their respective wiretap policies.

Phone line worker image via Shutterstock

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