The writing was practically on the wall for Redbox Instant a few weeks ago. Unable to sign up new customers for more than three months after a credit card fraud issue, news outlets pointed out that the company hadn't yet come up with a fix for the problem--indicating that either its parent company Outerwall, or its joint venture partner Verizon, wasn't interested in putting the time or money into a solution.
DALLAS--Verizon Wireless' desire to get dark fiber as its wireless backhaul medium is seen as both a blessing and a curse for many wholesale service providers serving the wireless industry.
The U.S. Supreme Court has effectively ended Verizon's fight with the IRS to avoid paying $51 million in taxes for an obsolete service connected to dial-up modems.
Redbox Instant by Verizon, the joint venture that attempted to meld online video content with disc rentals, will deliver its last video rental by the end of Oct. 7, the joint venture confirmed in a terse Web post.
Verizon Communications and Outerwall Inc. are pulling the plug on their struggling SVOD service, Redbox Instant by Verizon. The move could be part of Verizon's plans to focus on its own wireless streaming service.
Nine months after Verizon successfully sued the FCC to have net neutrality legislation thrown out, the conglomerate's rivals are fuming, as they suspect the regulatory body will now enact new rules that are more restrictive.
The steadily rising numbers of antenna sites for cellular networks, many of which are being deployed in stealth fashion for aesthetic appeal, are raising eyebrows among those concerned about the impacts of excessive radio-frequency (RF) radiation.
Verizon Communications has tapped marketing guru Diego Scotti for its newly created chief marketing officer (CMO) role.
As its carriage impasse escalated into a selective blackout of Internet content, Viacom on Wednesday announced that it had renewed its affiliate agreement with Verizon FiOS. The agreement to carry 25 Viacom channels also includes multiscreen rights that will enable Verizon to put those networks on its FiOS mobile app starting in 2015.
Verizon Wireless abandoned plans to throttle the data speeds of customers who are on legacy unlimited data plans who crossed into 5 percent of data users on Verizon's LTE network when they are on high-traffic cell sites.