Mobile firms to be grilled on spying
The US House Energy and Commerce Committee is to question executives from major US telcos later this week as part of the inquiry into the Hewlett-Packard “pretexting” scandal. Cingular, T-Mobile USA, Verizon, and Sprint-Nextel have all been summoned to face the committee on Friday, which will also interview the former HP director Patricia Dunn, CEO [...]
Verizon hit by merger costs
Merger and integration costs with MCI hit US carrier Verizon Communications during the second quarter, with earnings dropping to $1.6bn (£800m), down from $2.1bn a year ago. Consolidated operating revenues for the quarter hit $22.7bn, a 25.6 per cent increase compared with the second quarter 2005. The wireline business added 440,000 net broadband connections, including [...]
Verizon adds 1.8 million mobile subs
US cellular operator Verizon Wireless, which is a joint venture between Verizon Communications and Vodafone, today announced second quarter net customer additions of 1.8 million. This takes the operator’s total retail base, or customers that it manages directly, to 52.6 million of its total 54.8 million customers. Verizon Wireless’ financial and operational results for the [...]
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