If Nokia’s big challenge this year is getting back in with US consumers and operators, it should be a busy 2012 for Chris Weber.
What a delightful week this is turning out to be for Verizon. First, archrival AT&T decides it will ditch its $39 billion bid for T-Mobile USA (as if they weren’t grinning madly in the halls of Verizon’s Art Deco building down on West Street) and then they get a piece of this NBC deal to stream the Super Bowl. No doubt, in the greater scheme of things the AT&T news trumps the streaming deal — but every little thing helps in the crazy competitive telecoms world.
By Aaron Pressman
The opinions expressed are his own.
Last week’s tiff over the Google Wallet app at Verizon Wireless may seem like just another minor dust-up among hardcore phone geeks. But the debate is an opening skirmish in a potentially huge battle, particularly if, as expected, a new iPhone model arrives that runs on Verizon’s high-speed “LTE” Internet service.
Verizon Wireless plans to pay $3.6 billion for wireless airwaves from a venture of cable companies Comcast, Time Warner Cable and Bright House Networks. Comcast said that the deal represented a 64 percent premium over the $2.2 billion price the cable consortium paid in 2006 for the wireless spectrum being sold to Verizon Wireless.
Google has agreed to pay $500 million to settle a probe into ads it accepted for online Canadian pharmacies selling drugs in the United States, the U.S. Justice Department said on Wednesday. The forfeiture is one of the largest ever in the United States, according to the DOJ. It represents Google’s revenue from Canadian pharmacy advertisements to U.S. customers through Google’s AdWords program and Canadian pharmacies’ revenue from U.S. sales.
Verizon Wireless customers, say goodbye to the days of unlimited Web surfing for a set fee on your smartphone. The biggest U.S. mobile provider will stop offering its $30 all-you-can-surf deal later this week, replacing it with a new tiered approach to data pricing. Customers who keep their smartphone use to 2 gigbytes (GB) of data per month or under won’t see a change to their bill, but those who go over that limit will be slapped with an extra $10 charge per GB. Heavy mobile users will have the option of signing up for a 5 GB or 10 GB plan for $50 or $80 respectively. AT&T made a similar move last year, meaning Sprint is now the last major wireless carrier offering unlimited data use. CNET reports that Verizon will also start charging for access to its mobile hot-spot service, which up until this week has been free and without bandwidth restrictions.
Apple has completed work on an online music storage service and is set to launch it ahead of Google, whose own music efforts have stalled, according to several people familiar with both companies’ plans. The sources revealed that Apple’s plans will allow iTunes customers to store their songs on a remote server, and then access them from wherever they have an Internet connection and that Apple has yet to sign any new licenses for the service and major music labels are hoping to secure deals before the service is launched. Amazon.com launched a music locker service earlier in April without new licensing agreements leading to threats of legal action from some music companies.
The reception problem that plagued AT&T’s iPhone 4 last summer is also found on the Verizon version of the iPhone, according to Consumer Reports. The influential nonprofit organization, which publishes guides on everything from cars to TVs, said Friday that holding the Verizon iPhone “in a specific but quite natural way” can cause the phone to drop calls.