A leader of the Communications Workers of America District 1 says that Verizon's initial proposal to offer pay increases in a three-year proposed contract are nothing more than a way to shield the fact that they want a number of concessions on key issues such as medical, pensions and job security.
Verizon is coming under fire again in New York City over claims that the service provider is preventing competitors' broadband data service from being delivered to their customers by blocking access to necessary fiber conduits.
Verizon signed a multi-year program licensing deal with Scripps Networks Interactive, making 45 Scripps TV series available to Verizon wireless customers when Verizon launches its anticipated mobile video service later this year.
AT&T has begun contract negotiations with 27,000 employees in its Southeast territory represented by the Communications Workers of America. Both parties met yesterday with both presenting their own position statements on the negotiation process.
Telecom giant Verizon Communications completed its $4.4 billion deal to acquire AOL, meaning that with video delivery and an owned-and-operated programmatic advertising platform in place, it's now poised to launch its over-the-top streaming service for Verizon Wireless customers. But can Verizon's ad-supported, subsidized data model compete with the bevy of OTT providers jumping into the space?
Not surprisingly, telecom executives are well compensated for their work. The top public telecom firms have reported their CEO salaries to the Securities and Exchange Commission, and FierceTelecom has collected all the data in one place.
Verizon and Sprint's ongoing move to small cells could provide a potential wireless backhaul windfall to Lumos Networks, a telco that's been aggressively expanding its fiber network in Virginia and Pennsylvania.
Verizon Wireless' forthcoming over-the-the-top mobile video service will support sponsored data, with advertisers subsidizing the cost of consumers' video consumption, according to a senior Verizon executive.
It's that time of the year again when FierceTelecom takes a look at the highest paid executives in the wireline segment of the telecom industry, in our annual 10 highest paid CEOs in wireline report.
Verizon has proposed a new three-year contract with 38,000 union wireline employees represented by the Communications Workers of America and International Brotherhood of Electrical Workers it says will offer wage increases during the period.