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Verizon Wireless, Sprint Settle Allegations of Bogus Charges
2015-05-14 22:07:28| Telecom - Topix.net
Verizon Wireless will pay $90 million and Sprint $68 million to settle charges that the mobile giants allowed phony charges on their customers' monthly bills so they could keep a cut of the profit, federal regulators announced Tuesday. CLICK HERE to see if you qualify for a refund with Verizon.
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charges
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sprint
Verizon Wireless, Sprint Settle Allegations of Bogus Charges
2015-05-14 17:16:48| IT Services - Topix.net
Verizon Wireless will pay $90 million and Sprint $68 million to settle charges that the mobile giants allowed phony charges on their customers' monthly bills so they could keep a cut of the profit, federal regulators announced Tuesday. CLICK HERE to see if you qualify for a refund with Verizon.
Tags: wireless
charges
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sprint
Verizon Wireless service revenues fall 0.4% in Q1
2015-04-21 14:54:00| Telecompaper Headlines
(Telecompaper) Verizon reported a slowdown in mobile customer growth and a drop in wireless services revenues in the first quarter, amid intense competition in the US market. Total mobile revenues were up 6.9 percent year-on-year to USD 22.3 billion, as its new handset pricing Verizon Edge helped offset a 0.4 percent fall in service revenues to USD 17.9 billion. Sales through Edge increased to 39 percent of phone activations in the quarter from 25 percent in Q4 2014, and Verizon said the figure has since risen to nearly 50 percent. The wireless operating margin was flat year-on-year at 35.0 percent, and the EBITDA margin fell by 0.1 percent point to 44.8 percent. Verizon Wireless added 565,000 retail postpaid customers in the three months, while losing 188,000 prepaid users. Total retail connections were up 5.1 percent year-on-year to 102.6 million. Retail postpaid churn was at 1.03 percent in the quarter, down from 1.07 percent a year ago. At the bottom line, Verizon reported earnings of USD 1.02 per share, down from USD 1.15 a year ago when it booked one-time gains on its buy-out of Verizon Wireless. Excluding these items, EPS was USD 0.84 a year ago.
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fall
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revenues
Verizon Communications Inc. CFO Expects Wireless Cancellations to Increase
2015-03-17 15:35:09| IT Services - Topix.net
The company posted impressive results in the fourth quarter of 2014, adding 2.1 million net retail connections with 2 million of those being postpaid customers. That brought the company to 108.2 million retail connections at the end of the year, with 102.1 million being retail postpaid connections.
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expects
Verizon Communications Inc. CFO Expects Wireless Cancellations to Increase
2015-03-17 14:25:22| Wireless - Topix.net
The company posted impressive results in the fourth quarter of 2014, adding 2.1 million net retail connections with 2 million of those being postpaid customers. That brought the company to 108.2 million retail connections at the end of the year, with 102.1 million being retail postpaid connections.
Tags: increase
communications
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expects
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