Verizon Wireless today released its earnings report for the first quarter of 2014. In the three-month period ending in March, the wireless operator added 549,000 net subscribers, raising its total customer base to 103.3 million. About 97.3 million of those customers are on postpaid contracts. Verizon also continued its trend of converting customers to smartphones thanks to releasing more devices like the Nokia Lumia Icon and the HTC One M8. Of the 103 million customers, 72 percent of accounts are using a smartphone.
Though the carrier has long said that it charges more for a premium network because it delivers "better" service, Verizon adjusted the higher tiers of its More Everything plans to compete with its chief rival.
It has already been confirmed that Carphone Warehouse will put the All New HTC One on sale minutes after the UK press event wraps next Tuesday. New information makes it incredibly likely that Verizon Wireless will do the same in the US market.
Verizon Wireless is the best performing network, followed by AT&T, Sprint, and T-Mobile. Analytics firm RootMetrics recently released those rankings, which pleased Verizon and obviously upset T-Mobile.
Verizon Wireless today announced a rebranding and shift of its prepaid option, now know as ALLSET Plans. The plans provide unlimited calling and texting on a basic phone or $45 on a smartphone, and total costs are affected by data choices.
Verizon Wireless today announced "More Everything" plans designed to increase data allowances and increase options for international messaging without increasing the price.It's a deal for some and inconsequential for others.
Despite T-Mobile applying pressure with big drops in prices, Verizon Wireless still reported that it had a net profit of $7.9 billion, a big turnaround from the $4.23 billion loss during the same period in 2012.
Verizon Edge was introduced in response to T-Mobile JUMP as a way for customers to gain a faster path to upgrading their phone. Verizon is now making the process faster by cutting the waiting period from six months to 30 days.
T-Mobile has confirmed previous rumors that the fourth place carrier would make a big spectrum buy from the leading carrier, Verizon Wireless. This will introduce important changes in areas where most of its customers live.
The Amazon Prime Air drone delivery method may be a pipe dream, but Verizons new same-day delivery option is very much a reality. Verizon Wireless has started a new program that will ensure that a phone ordered in the morning will be at the customer's doorstep that evening.