Verizon has indicated that it plans a residential LTE broadband service that could roll out in the fourth quarter, a fixed antenna that would challenge AT&T, Comcast and others for a home broadband connection.
Verizon also reiterated that it plans to concentrate its FiOS investments in areas it already serves.
Verizon executives said that a national rollout of a fixed broadband LTE voice and data package could be based on the "cantenna," a fixed antenna that it has already deployed with DirecTV, according to comments made by Francis J. Shammo, Verizon's chief financial officer, during Verizon's earnings call last Friday.
While Verizon executives did not state that the company was winding down its residential fiber optic (FiOS) service, executives gave several hints that geographic expansion was not in the cards. Verizon already serves 16.27 million premises in its 12-state wireline service territory, representatives said via email, mostly on the East Coast. But Verizon also began indicating in 2010 that it was going to focus its FiOS investments on the markets it already serves, last year.
With so many iPhone 5 rumors floating around, it's refreshing to hear one from an honest-to-goodness Apple partner speaking on the record. So mark it down in your rumor book that Verizon thought the next-generation Apple smartphone would be released in June but is now expecting it to arrive this fall.
"Obviously we're disappointed that the iPhone 5 didn't come out in June … we continue to prepare for it and when that comes we'll be ready," Verizon CFO Fran Shammo said this week on a webcast spotted by Channel Partners Online Thursday.
Speaking at the Oppenheimer Technology & Communications Conference, Shammo said it's likely that the much-anticipated iPhone will finally make its debut in the fall, which is in line with persistent rumors of a September or October release date—though; the Verizon exec "isn't ready to stake his life on it," according ot Channel Partners Online.
In an interview with Reuters, Verizon Chief Financial Officer Fran Shammo said his company's version of the next Apple iPhone, the so-called "iPhone 5," will be a global phone, working in the same countries as the AT&T model.
That would mean the Verizon iPhone 5 would be able to make calls on both CDMA and GSM networks. The device would still be native to Verizon's network, using GSM only when roaming. The AT&T version might also have both radios, though it would only need GSM to be considered a global phone.
The current Verizon iPhone 4 is CDMA-only, so it doesn't work in countries where there are only GSM networks, which includes most of Europe, Africa, and parts of Asia. The AT&T version works on most GSM networks, which are much more common.
Shammo also said Verizon would be able to launch the iPhone 5 at the same time as AT&T, all but confirming a simultaneous launch on both carriers.
Verizon Wireless will likely do away with its unlimited data plan and switch to tiered pricing sometime this summer, Fran Shammo, president and chief executive officer of Verizon Telecom and Business, said Tuesday.
Verizon announced in January that it would ditch its 150MB $15 monthly plan and require new smartphone users to subscribe to its $30 unlimited plan. That move, announced several days before Verizon unveiled its version of the iPhone, was intended to attract new customers to Verizon and the iPhone, Shammo said.
Verizon opted for the $30 plan because "we didn't really want to put up a barrier to anybody who wanted to come over and experience the Verizon Wireless network," Shammo said at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco. "So we felt that it was important to go out at the $30."
Everybody knew, however, that that was not a long-term strategy, Shammo said. "We're going to move to a tiered pricing," which will probably happen "in the mid-summer timeframe."
© Gear Live Inc. – User-posted content, unless source is quoted, is licensed under a Creative Commons Public Domain License. Gear Live graphics, logos, designs, page headers, button icons, videos, articles, blogs, forums, scripts and other service names are the trademarks of Gear Live Inc.