Verizon

Verizon profit up 16 percent as wireless growth chugs along

Verizon bounced back from a tough fourth quarter and started the year off strongly.

The telecommunications provider today posted a first-quarter profit of $1.95 billion, or 68 cents a share, compared with a year-earlier profit of $1.67 billion, or 59 cents a share. Revenue rose 4.2 percent to $29.42 billion from a year ago.

Analysts, on average, projected per-share earnings of 66 cents and revenue of $29.55 billion, according to Thomson Reuters.

Growth, as usual, was driven by the Verizon Wireless unit, which generated $19.5 billion in revenue, up 6.8 percent from a … Read more

ACLU to FTC: Mobile carriers fail to provide good Android security

The America Civil Liberties Union filed a complaint with the Federal Trade Commission today asking the agency to investigate the four major mobile carriers' security practices in regards to smartphones.

The civil liberties group claims that AT&T, Verizon, T-Mobile, and Sprint are not doing enough to protect users' private and personal data -- specifically on Android devices. The gist of the complaint (PDF) is that these carriers aren't providing users with timely security updates, which the ACLU says is akin to "deceptive and unfair business practice."

"The major wireless carriers have sold millions of … Read more

LG Revere 2 and Cosmos 3 available on Verizon

Sneaking under the radar this week are two new feature handsets available on Verizon Wireless. Known as the LG Revere 2 and Cosmos 3, the devices are available for free under a two-year contract. Without one, however, they cost $199.99 and $189.99, respectively.

The LG Revere 2 is a sequel to 2011's Revere. In addition to its clamshell construction, it sports a 1.3-megapixel camera, a 1,000mAh battery that has a reported talk-time of about 7 hours, and Bluetooth 2.1.

Furthermore, it has an external, 0.98-inch display, as well as a 2-inch internal color … Read more

Verizon's LG Lucid 2 is great for first-time Android users

Despite its rather dull design, the LG Lucid 2 from Verizon is a reliable 4G LTE device that performs consistently well and is available for free with a contract. Aimed at first-time smartphone users, this handset includes a number of features that may just spoil any Android neophyte from here on in.

Sporting Android 4.1.2 Jelly Bean, wireless charging capabilities (if you buy a separate $30 battery door and a charging pad), and a dual-core processor, the Lucid 2 offers a bit more than the original LG Lucid. Namely, a bump in battery power (from 1,700mAh to … Read more

Verizon Wireless pitches $1.5B for Clearwire spectrum

In the latest twist on the Sprint-Clearwire saga, Verizon Wireless apparently has entered the picture as a suitor for Clearwire's spectrum.

Verizon Wireless has offered to pay as much as $1.5 billion to acquire spectrum leases from networking company Clearwire, according to the Wall Street Journal, which cites people said to be familiar with the matter. The move would give the carrier "right to use airwaves currently controlled by Clearwire in big markets in the U.S.," the Journal said.

Word of the Verizon offer came hard on the heels of the announcement this morning that … Read more

Verizon unveils $35 prepaid mobile phone plan

Verizon has kicked off a new prepaid plan to lure in feature phone buyers.

Launched yesterday, the new no-contract plan costs $35 a month and offers 500 anytime minutes of talk as well as unlimited text and Internet. Tipping over the 500 monthly minutes will ring up an extra 25 cents per minute.

The deal is geared strictly toward feature phones, so smartphone owners need not apply.

Verizon offers four feature phones along with the plan -- the LG Cosmos 2, the Samsung Gusto 2, the Samsung Intensity 3, and the LG Extravert. All four phones are heavily discounted when … Read more

Choosing an iPhone 5 carrier

One of the most important aspects of a handset's overall user experience is which carrier it's operating on.

Now that T-Mobile is offering the device, the iPhone 5 is finally available on all four major U.S. carriers. (Regional networks like U.S. Cellular, Cricket Wireless, and C Spire sell the handset as well.)

Each of these four networks -- AT&T, Verizon, Sprint, and T-Mobile -- have different plans, prices, and bundles. In addition, T-Mobile's iPhone in particular comes with a number of differences compared to the others. However, with all the little nuanced phone … Read more

T-Mobile's 4G LTE impresses in real-world tests (hands-on)

Two weeks ago, when T-Mobile announced that its 4G LTE had launched, CNET's own Brian Bennett gave the network a test run in New York across three handsets: the iPhone 5, the HTC One, and the BlackBerry Z10.

But as most of us know, the carrier's 4G LTE isn't actually live now in New York; it was turned on temporarily just for the press conference. Currently, if you want to experience T-Mobile's fledgling 4G LTE, you'll need to be in Baltimore; Houston; Kansas City, Mo.; Las Vegas; Phoenix; San Jose, Calif.; or Washington, D.C.… Read more

AT&T adds six LTE markets, unveils plan for 77 more

Six more AT&T markets have access to its 4G LTE network, bringing its total to 182, the carrier said today.

Meanwhile, seven existing AT&T markets have snagged expanded LTE coverage. The company also unveiled plans to bring the super-fast wireless connection to 77 additional markets by the end of summer.

AT&T is racing to catch up to market leader Verizon Wireless, which offers LTE in nearly 500 markets and plans to wrap up its deployment by the middle of the year. With the increasing consumer awareness over 4G LTE and the need for a … Read more

Verizon vs. broadcasters: Deciding the fate of mobile TV

Las Vegas -- Wireless giant Verizon is on a collision course with TV broadcasters as they each see big opportunities in broadcasting live events to mobile devices.

During a question-and-answer session at the broadcast industry's annual trade show here Tuesday Verizon Communications CEO Lowell McAdam said his company's new broadcast video service is not meant to compete with traditional broadcast TV. In January, Verizon said it planned to offer a broadcast TV service over its LTE wireless network. And the company has said that it plans to broadcast live events such as the 2014 Super Bowl over this … Read more