Verizon Wireless Sells Unlimited Plan
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Verizon Wireless introduced an unlimited calling plan with no roaming or long-distance fees for $99.99 a month, an offer that could spark a price war among carriers.
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NEW YORK - Sprint Corp. is buying Nextel Communications Inc. in a $35-billion US deal that will create the third-largest wireless phone company in the US.
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Regulators  cleared the way for Verizon Communications to sell its phone lines in three New England states for $2.7 billion to FairPoint Communications Inc.
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Verizon Wireless announced Friday that it plans to buy airwave licenses from NextWave Telecom Inc. for $3 billion in cash, giving the cellular phone giant the ability to carry more calls in some of the nation's largest cities. -The Washington Post
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Verizon Communications Inc.  said on Tuesday it signed a multiyear deal with Westell Technologies  to sell a phone that integrates a high-speed Internet modem and wireless networking.
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November 6, 2004 -- Verizon Wireless will buy NextWave Telecom Inc.&#39;s airwaves for $3 billion, increasing capacity in New York and 22 other cities, as part of efforts to reclaim the No.
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In the deal announced Friday Verizon Wireless is buying the remaining cellular capacity from NextWave Telecom for $3 billion in cash.
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Verizon Wireless is adding to its considerable spectrum holdings with the proposed acquisition of airwaves owned by NextWave Telecom. Under terms of the agreement, Verizon will pay US&#36;3 billion for NextWave's PCS spectrum licenses in 23 U.S. markets.
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WASHINGTON -- The nation&#39;s largest wireless phone company is created by the deal approved Tuesday by the Federal Communications Commission.
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Verizon Wireless announced yesterday that it plans to buy airwave licenses in 23 markets from NextWave Telecom Inc. for $3 billion in cash, giving the cellular phone giant the ability to carry
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Well, it looks like things are getting a bit more interesting regarding the Sprint/Nextel deal. It seems that Vodafone, which owns 45% of Verizon Wireless in the US, is supporting a move by Verizon to potentially buy Sprint PCS.
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Agreement with Verizon will allow deployment of a citywide wireless network.
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Verizon Wireless is buying cellular capacity for 23 markets from bankrupt NextWave Telecom Inc. for &#36;3 billion, ending the government's long tug-of-war over the never-used licenses and bolstering Verizon against a big new rival created by the merger of Cingular Wireless and AT&amp;T Wireless.
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The U.S. government raised $2.25  billion in an auction of wireless airwaves that ended on  Tuesday, with Verizon Wireless and a partner collectively  winning 63 licenses with almost $697.4 million in bids.
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Cingular Wireless, the nation&#39;s largest mobile-telephone operator, said that it would sell some airwave rights and customers to the Alltel Corporation for $170 million to satisfy government conditions on its purchase of AT&amp;T Wireless Services.
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Sprint Corp. on Wednesday agreed to  buy wireless telephone company Nextel Communications Inc. in a  cash and stock deal worth as much as $38.45 billion to gain  more business customers and more wireless airwaves to transmit  calls.
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Verizon Wireless set off a stampede to unlimited voice plans among U.S. mobile operators on Tuesday.After the carrier said it would let subscribers talk for as long as they want within the U.S. for $99.99 per month, rivals AT&amp;T and T-Mobile USA followed suit. Sprint Nextel, which offers 2,000 anytime minutes per month for $99.99, did not.Verizon&#39;s unlimited individual plan, as well as a shared family plan starting at $199.98, is available now.T-Mobile&#39;s plan, becoming available Thursday, will allow unlimited voice as well as messaging. That carrier, which targets youth as a key demographic, has been offering several plans for big talkers, including an Individual Ultra plan with 2,500 minutes for $99.99 and Individual Supra with 5,000 minutes for $129.99. AT&amp;T likewise had offered such plans, including a 6,000-minute service for $199.99.The major U.S. carriers haven&#39;t traditionally offered unlimited minutes. The rush to match Verizon&#39;s plan indicated the level of competition in the mobile market, where carriers are now pushing e-mail, Web access, and other data services as the price of voice minutes has fallen.But the new plans will probably appeal to only a small segment of the market, analysts said. Realtors and small-business owners who spend a lot of time on the road might find it useful, they said. Most carriers already offer free calls on nights and weekends and plans that include free calling to frequent contacts or people on the same network. Mobile data services such as Verizon&#39;s BroadbandAccess 3G (third-generation) will cost extra. And the $99.99 unlimited products are separate from family plans with shared minutes, which cost more.Also Tuesday, Verizon revamped its data offerings to reach different types of customers. A $39.99 plan will allow for 50MB of data traffic per month, and a $59.99 offering will cover 5GB. The new data plans will become available March 2.Sprint offers unlimited data on its EV-DO (Evolution-Data Optimized) network, which is similar to Verizon&#39;s, for $59.99 per month. There are some uses that aren&#39;t allowed, including continuous heavy data traffic and Web hosting. AT&amp;T places a 5GB limit only on plans for mobile data cards to be used in notebook PCs, not on phone plans. Verizon and some other carriers have been criticized in the past for advertising unlimited data while actually cutting off users who went over a certain limit.