Verizon CFO: We're Weighing Device Payment Options
Verizon Wireless is considering new ways to let customers pay for handsets, according to Verizon Communications Chief Financial Officer Fran Shammo. Speaking to media and investors, Shammo referred to Verizon Edge, a program previously a rumor that would allow customers to finance handsets over time. Shammo said that the company has held a number of focus groups over the last six months regarding device purchasing and frequency of device upgrades, and plans to offer new options soon. Shammo said that Verizon Wireless will have more specific information on Edge and handset financing/upgrade plans in the near future.
from Verizon Communications
Verizon Not Interested In Buying Dish
Verizon does not plan to purchase Dish Networks, according to CFO Fran Shammo. When asked by the Wall Street Journal, Shammo responded, "My answer is going to be one word: No." AT&T is near to closing its acquisition of Dish competitor DirecTV.
Verizon Trots Out Galaxy S7 Upgrade Plan
Verizon Wireless today announced the Verizon Annual Upgrade Program beginning with the Samsung Galaxy S7 and S7 Edge. The upgrade program allows customers who finance the S7 or S7 Edge to trade in their phone and upgrade to a new phone every year.
Verizon's Mobile Video Offering to Be Partially Supported
Verizon Wireless is preparing to release an over-the-top mobile video service this summer and it will be supported by sponsored data. This means Verizon's wireless customers will be able to enjoy at least some of the programming without it counting against their monthly data bundle.
AT&T and Verizon Change Up Prepaid Offerings
AT&T and Verizon Wireless have recently made changes to their respective prepaid services and taken dramatically different approaches in the process. AT&T's GoPhone customers now have more options than ever, while Verizon Wireless Prepaid customers have even fewer options.
Verizon's Sponsored Video Content Goes Live This Week
Verizon Wireless customers will be able to watch go90 video content for free beginning this week, according to CFO Fran Shammo. Verizon first said it would zero-rate the go90 video content early last month thanks to support from its FreeBee Data 360 sponsored data service.