But at Verizon Communications, "wireless margins came under just a bit of pressure," a top analyst tells CNBC.» Read More
July 22- Verizon Communications Inc, the largest U.S. wireless telecommunications company, reported better-than-expected quarterly revenue on a jump in wireless customers and a surge in tablet sales. The dramatic increase in customers is a boost for Verizon, which has moved cautiously amid some of the deepest promotions the industry has seen.
NEW YORK— Verizon Wireless is launching a nationwide loyalty program this week for its 100- million-plus subscribers. Verizon is the first wireless carrier to roll out a comprehensive rewards program, and it's expecting big benefits from it. On July 10, Verizon said customer retention was "very good" in the second quarter.
Verizon will offer residential customers enhanced upload speeds, the giant said on Monday, underscoring the importance of digital media.
After 21st Century Fox's failed bid to acquire Time Warner, the question arises as to what other media giants are now in play for purchase?
Sir Martin Sorrell, CEO of WPP, says a Time Warner-Fox merger would be "really interesting" for advertisers due to easy access and distribution.
The phone rings and when you look at the caller ID you see something very strange—it's showing your telephone number. How could that be?
TOKYO, July 16- Japan's KDDI Corp and Sumitomo Corp, in partnership with Myanmar's state-backed telecoms operator, plan to invest about $2 billion over the next decade to expand service in one of the world's least-connected countries.
Mats Granryd, CEO of Tele2, comments on the group's latest results and says it is becoming increasingly dependent on data revenues which is "unchartered territory".
HELSINKI, July 16- Microsoft Corp is planning to cut 1,000 jobs in Finland from its mobile phone unit, a Finnish daily said on Wednesday, quoting anonymous sources. Some 25,000 Nokia workers moved this spring to Microsoft with the cellphone unit acquisition, 4,700 of them in Finland.
Comments on the FCC's proposed net neutrality laws overwhelmed its site and caused the first comment deadline to be changed to July 18.
HONG KONG, July 14- Hong Kong shares rose on Monday with China's three state-owned wireless carriers leading gains, while mainland markets were also stronger as auto stocks extended their advance on new policy support. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each added 0.4 percent.
NEW YORK— Verizon added more than 1.4 million long-term wireless subscribers in the second quarter, with strong gains in both smartphones and tablets, the company said Thursday. Verizon Communications Inc. CEO Lowell McAdam said the company's wireless profit margins remain consistent with the past several quarters.
Verizon shares rose after CEO Lowell McAdam divulged parts of the company's second-quarter results in an interview with CNBC.
Dish Network said it plans to participate in the upcoming wireless spectrum auction which could position it to offer mobile services, Re/code reports.
Verizon Chairman & CEO Lowell McAdam, says the issues of net neutrality and content delivery have been confused. McAdam discusses his second quarter outlook.
CNBC's Kayla Tausche speaks to Verizon Chairman & CEO Lowell McAdam, about whether his company is considering an acquisition of Dish.
The Mexican Congress has approved a landmark telecom reform bill. CNBC's Michelle Caruso-Cabrera reports the details.
WASHINGTON, July 8- The U.S. government issued about 150,000 requests for customer information from Verizon Communications in the first half of 2014, most of them subpoenas, the country's largest wireless carrier reported on Tuesday.
More American households are ditching their old telephones: 4 out of 10 only use cellphones, a government survey shows.
WASHINGTON, July 7- AT&T Inc said on Monday it will be the first U.S. wireless carrier to sell LG Electronics' smartwatch, a wrist watch that connects to Android phones and answers voice commands, and goes on sale on July 11. Juniper Research estimates the value of the wearable device market this year at $1.5 billion, up from $800 million in 2013..
Get the best of CNBC in your inbox