News on Verizon Communications Inc.

League signs mobile phone deal with Verizon Wireless

2010-03-09T09:45:14Z

<div><p>MIAMI (Reuters) - The NFL has signed a four-year agreement with Verizon Wireless to show live games and highlights on mobile phones in a deal U.S. m...

NFL signs mobile phone deal with Verizon Wireless

2010-03-09T09:45:11Z

<div><p>MIAMI (Reuters) - The NFL has signed a four-year agreement with Verizon Wireless to show live games and highlights on mobile phones in a deal U.S. m...

Briefs: Company news

2010-03-06T04:15:32Z

<div><p>Sophos has promoted Chris Doggett to VP of global channels. He will work to grow global partnerships on a local level and to improve the efficiency and online sales growth opportunities for partners that cater to SMBs. Webroot, an internet security provider, has appointed Chris Benham as chief marketing officer, ...

Bumpy ride for corporate giving amid recession

2010-03-05T12:00:08Z

<div><p>NEW YORK (Reuters) - Giving by U.S. companies endured the worst recession in decades with mixed results as some pared back philanthropy in the face of tough times, others increased budgets and most predicted a steady 2010.</p><p>The economic downturn sparked some changes in giving priorities as well, with several companies placing more import...

Microsoft to sell phones on Verizon by summer: source

2010-03-05T05:30:13Z

<div><p>NEW YORK (Reuters) - Microsoft Corp is aiming to launch two phones that will be sold by top U.S. mobile operator Verizon Wireless in late spring or early summer, a person briefed on the matter sai...

Harbour Town tournament searches for title sponsor

2010-03-01T11:45:09Z

<div id="subtitle">Can you hear me now? Heritage executive says 2011 PGA tournament a go, even without Verizon</div><div><p>Tournament director Steve Wilmot says there will be a Heritage in 2011, with or without a title sponsor.</p&g...

Palm cuts revenue outlook on weak phone sales

2010-02-28T18:15:13Z

<div><p>NEW YORK (Reuters) - Palm Inc <PALM.O> slashed its revenue targets on weak demand for its smartphones, renewing concerns about its ability to compete against rivals like Apple Inc <AAPL.O> and sending shares down 16 percent.</p><p>The warning came only...

Palm comeback falling short

2010-02-27T21:16:40Z

<div><p>A year ago, handheld devices pioneer Palm seemed poised for a comeback.</p><p>Its new smartphone, the Palm Pre, had just won "Best in Show" at the annual gadget fair in Las Vegas and the company had high hopes that the Pre would help it recapture some of its former glory.</p><p>It didn't happen.</p><p>Pre sales have been disappointing and share...

Oregon is 6th state to OK Frontier, Verizon deal

2010-02-26T17:15:42Z

<div id="subtitle">Oregon becomes 6th state to OK Frontier acquisition of Verizon's fixed-line phone business</div><div><p>Oregon became the sixth state to approve Frontier Communications Corp.'s purchase of the local fixed-line phone business ...

Pixi discounts seen hurting Palm profits

2010-02-26T11:00:18Z

<div><p>NEW YORK (Reuters) - Sprint Nextel Corp <S.N> started offering a 50 percent discount on Palm Inc's <PALM.O> Pixi phone on the same day the handset maker cut its revenue target, raising profitability concerns.</p><p>Palm shares fell 4 percent ...

Palm cuts revenue view on weak phone sales

2010-02-25T06:45:38Z

<div><p>NEW YORK (Reuters) - Palm Inc <PALM.O> slashed its fiscal third-quarter and full-year revenue target due to slow consumer demand for its products, dashing hopes its webOS software would help it fend off bigger rivals for now.</p><p>Palm shares fell 18 percent on Thursday after it said it expected quarterly revenue of...

Verizon CEO compensation valued at $17.5 mln

2010-02-25T00:30:28Z

<div id="subtitle">Verizon CEO Seidenberg's compensation in 2009 valued at $17.5 million, according to AP tally</div><div><p>The total compensation of Verizon Communications Inc.' CEO fell 14 percent in 2009 amid layoffs that accompanied the decline of the company's fixed-line phone business, according to an analysis of a regulatory filing Wednesday.</p><p>Reuters) - The top communications regulator offered to pay television broadcasters to give up their rights to airwaves worth an estimated $50 billion as it looks to overcome a looming scarcity of wireless spectrum for advanced mobile phone services.</p><p>But analysts say the plan could run into opposition from broadcasters reluctant to give up their airwaves unless they are off...

Google slashes Nexus phone early termination fee

2010-02-23T19:15:33Z

<div><p>WASHINGTON (Reuters) - Google Inc <GOOG.O> told communications regulators on Tuesday the fee assessed on customers who end their service contracts for its Nexus One mobile phone has been slashed to $150 from $350.</p><p>The early termination fee applies to new customers joining the <...

Skype strikes first major mobile deal

2010-02-22T09:15:51Z

<div><p>BARCELONA (Reuters) - Internet telephony firm Skype made its first major leap into cellphones on Tuesday, striking a deal with the largest U.S. mobile carrier Google, Apple lead Silicon Valley in taking initiative, loosening controls in wireless world</div><div><p>Silicon Valley is looking like a winner in the tug-of-war with wireless carriers over who will control the new world of Internet-connected phones.</p><p>The tension between the ...

Verizon to allow Skype calls over wireless network

2010-02-22T09:15:39Z

<div id="subtitle">Verizon Wireless to let some smart phone customers use Skype over its wireless network</div><div><p>Verizon Wireless will let customers use the Internet phone service Skype to make free calls on some phones, an application that wireless carriers have been slow to allow.</p&gt...

Verizon invested $105M in Kansas, Missouri in 2009

2010-02-22T09:50:43Z

<div id="subtitle">Verizon Wireless invested $61M in Missouri, $44M in Kansas in 2009</div><div><p>Verizon Wireless said Friday that it invested over $61 million last year to improve its digital network in Missouri, and over $44 million to improve its digital networ...

Palm suspends production due to Chinese New Year: source

2010-02-22T10:01:31Z

<div><p>SAN FRANCISCO (Reuters) - Palm Inc is suspending production of its smartphones for the Chinese New Year, as all of them are made in China, but it will resume operations by the end of the month, a source told Reuters on Thursday.</p>&a...

Ohio approves Frontier's buy of Verizon landlines

2010-02-22T10:06:13Z

<div id="subtitle">Ohio regulators approve Frontier deal to purchase Verizon's traditional phone lines</div><div><p>A Ohio regulator has approved Frontier Communications Corp.'s purchase of the traditional telephone ...