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.
The Nos. 1 and 2 cable companies in the U.S., Comcast and Time Warner Cable, ranked near the bottom in a survey conducted by J.D. Power, which polled consumers on their general satisfaction with video, Internet and phone services.
Verizon has added 10 channels to its FiOS TV mobile app, giving subscribers the ability to stream networks including Fox Sports 1, HBO Latino and Showtime Family Zone on mobile devices.
AT&T and Verizon are both well known as having large-scale networks that can serve the largest multinational corporation customers, but their recent moves to enhance their fiber offerings for businesses show they want to keep a tighter rein on the small to medium business (SMB) market where their brands are still household names.