Tag: Verizon

Why Did Verizon’s Wireless Service Revenue Fall? | Market Realist

Why Did Verizon’s Wireless Service Revenue Fall? | Market Realist

Let us look at the two important segments of Verizon’s (VZ) wireless revenue. The smaller part is the company’s wireless equipment revenue, whereas the larger part is its wireless service revenue. The declining trend in the wireless component’s service revenue continued during 2Q17. In 2Q17, Verizon reported wireless service revenue of $15.6 billion, a 6.7% […]

Verizon CFO: Customers Will Pay Up For Our Unlimited Plans; Stock Jumps | Investor’s Business Daily

Verizon CFO: Customers Will Pay Up For Our Unlimited Plans; Stock Jumps | Investor’s Business Daily

ow component Verizon Communications (VZ) stock jumped Thursday on better-than-expected wireless subscriber additions during the second quarter as its chief financial officer extolled its premium pricing strategy on the earnings call. This ad will end in 10 seconds. Autoplay: On | OffShares in the broadband and wireless services provider were up 7.7% to 47.84 on […]

What to Expect for Verizon’s Wireless Service Revenue in 2Q17 | Market Realist

What to Expect for Verizon’s Wireless Service Revenue in 2Q17 | Market Realist

Earlier in 1Q17, Verizon reported wireless service revenue of $15.8 billion, a 6.1% fall YoY. This decline in wireless service revenue is because of the reduction in overage revenue and pricing plan optimization, mainly from single-line subscribers after the launch of the unlimited offerings. About 71% of postpaid phone subscribers are now on an unsubsidized pricing […]

Expect T-Mobile to Continue Inflicting Pain on Verizon and AT&T | The Street

Expect T-Mobile to Continue Inflicting Pain on Verizon and AT&T | The Street

With the company charging $70 per month for 1 unlimited line, $100 for 2 lines and $160 for 4 lines — and with taxes and fees included as of January — T-Mobile’s unlimited pricing still undercuts that of its larger rivals. Not counting taxes/fees, Verizon charges $80 per month for 1 line, $140 for 3 […]

Is Reliance Jio’s pricing strategy commercially viable? | Techradar India

Is Reliance Jio’s pricing strategy commercially viable? | Techradar India

With all this, he did not spell out how he proposed to rake in the money to justify the $21 billion investment. That answer from Reliance Industries has to wait. For now, even the Reliance Jio top brass is not wiling to speak on the subject, wanting the public to rejoice on the grand announcements […]

Verizon Adds Unlimited Data Plans Again, But With a Catch | BGR

Verizon Adds Unlimited Data Plans Again, But With a Catch | BGR

Safety Mode has been around as an optional extra for a few months, but Verizon is making a move now to have it as a central part of its pricing strategy. The $5-per-month fee for Safety Plan is gone, and it will be a free opt-in option for subscribers. It’s hard to not assume that this […]

Verizon’s Strategy Reversal – Verizon Communications (NYSE:VZ) | Seeking Alpha

Verizon’s Strategy Reversal – Verizon Communications (NYSE:VZ) | Seeking Alpha

Summary Verizon is raising prices but adding more data, so the price per gigabyte will be lower. The strategy is a response to competitive pressures from smaller carriers who have increased market share. Price wars reflect economic weakness. Verizon (NYSE:VZ) has built a reputation for superior service and network quality over the years by investing […]

Here’s Why Verizon Raised Prices on Its Monthly Plans This Week| TheStreet

Here’s Why Verizon Raised Prices on Its Monthly Plans This Week| TheStreet

As expected, Verizon  (VZ) announced changes to its monthly plans on Wednesday, and at the heart of them are the telco’s focus on its wireless business and its careful approach in the ongoing price discounting battle among carriers. The new Verizon Plan essentially offers more data per month, but customers will also see their monthly fees rise […]

Verizon Is Showing Off Its Pricing Power | The Motley Fool

Verizon Is Showing Off Its Pricing Power | The Motley Fool

The nation’s biggest wireless network is increasing its already-steep prices. Verizon (NYSE:VZ) announced recently that it’s “transforming” its wireless service plans, and that prices are going up $5 to $10 per month. Verizon will provide higher data caps for that price as well as a couple of other perks. Current customers will have the option […]

Verizon expands data buckets as competition heats up | DisruptiveViews

Verizon expands data buckets as competition heats up | DisruptiveViews

NEW YORK (Reuters) – Verizon Communications Inc, the No. 1 U.S. wireless provider, said on Wednesday that it would increase plan rates but expand data buckets by 30 percent for its customers, who increasingly stream content through mobile devices. Starting July 7, the company will roll out a revamped version of its My Verizon mobile […]