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Wednesday, April 7, 2010 as of 11:14 AM ET

Verizon Wireless

Verizon Wireless

Verizon Wireless (legal name: Cellco Partnership d.b.a. Verizon Wireless), is a mobile network operator that offers wireless voice, messaging and data products and services to customers in the United States.

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$199 Smartphone Costing You More Than a $650 Phone Would?

If T-Mobile's Chief Marketing Officer, Cole Brodman, could change one thing about the mobile phone industry it would be making customers fork up more money for smartphones by doing away with carrier subsidies.

That's the gist of a blog post he wrote in March where he argued the current U.S. model , where popular devices like Apple's (NASDAQ:AAPL) iPhone cost just $199 with a two-year contract, has significant negative implications.  You see, that shiny new phone isn't really $199 at all.  And if you lost or broke one you'd realize that pretty quickly, as you'd have to pay $649 for a new one.  Your carrier gets a better deal, but still pays double your price at around $400, according to The Wall Street Journal.As much as the carriers love their customers, they're not doing this out of the kindness of their hearts, of course.  They make up the money down the line when you pay your bill each month for the following two years on your contract.  According to Brodman, customers don't realize ...

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  1. Young, Wealthy and Ashamed?

    Columbia student Brendon Villalobos on his experiences among the very rich.

  2. Mobile Phones May Get Much Pricier

    The era of $199 Apple (NASDAQ:AAPL) iPhones may be coming to an end.As wireless carriers seek new ways to manage the costs of handsets, some are experimenting with e...

  3. Samsung Galaxy S III Tipped to Land on All Four Major U.S. Carriers

    Samsung's new flagship smartphone may launch on all four major U.S. carriers as well as a number of regional carriers beginning this summer. Samsung on Thursday unve...

  4. Mobile Industry Faces Spectrum, Deal Paralysis

    Complaints about the shortage of wireless frequencies and a need for U.S. mobile carriers to consolidate will dominate the industry's largest annual gathering next w...

  5. Apple: The Mobile Carrier?

    Apple's (NASDAQ:AAPL) next huge move isn't into the television or banking industries, according to one expert. Instead, Apple will take on carriers like AT&T (NYSE:T...

  6. Sprint Reverts to Familiar Theme: Contract User Losses

    After riding the new iPhone to a rare gain in valuable wireless phone customers at the end of last year, Sprint Nextel Corp. (S) reverted back to a net loss in contr...

  7. Sprint Shares Soar on 1Q Results

    Embattled Sprint Nextel (NYSE:S) suffered a deeper loss in the first quarter, but the company's results were better than many on Wall Street had expected.Shares of t...

  8. AT&T Trails Verizon Wireless in Adding Contract Users

    AT&T Inc. (T) added fewer customers under wireless contracts in the first quarter than it had in a year and trailed Verizon Wireless as smartphone purchases slowed a...

  9. AT&T Rings in Higher 1Q Profit

    AT&T (NYSE:T) reported a 5% increase in first-quarter profit and trumped Wall Street expectations, as sales of 4G mobile data started to ramp up and a decline in iPh...

  10. Verizon Backs Microsoft in Mobile War

    Verizon is looking to ignite an Apple-Microsoft rivalry for the smartphone era.The telecom giant, feeling the pinch of Apple's expensive iPhone, said yesterday it wa...

  11. Verizon Results Suggest Wireless Growth May Slow

    Verizon Communications Inc. (VZ) added significantly fewer wireless customers under contract in the first quarter, portending a slowdown in industry growth following...

  12. NY Sues Sprint for $300M on Fraud Claims

    New York on Thursday sued Sprint Nextel Corp for more than $300 million, accusing the company of tax fraud for deliberately not collecting or paying millions of doll...

  1. Verizon Wireless Nixes Unlimited Data Plan

    FNC legal analyst Lis Wiehl on Verizon Wireless ’ decision to end its unlimited data plan and its impact on the company’s customers.

  2. Verizon Data Fans to Pay More in Service or Phones

    Verizon Wireless plans to make its data-hungry customers pay a lot more, either in service fees or smartphone prices, as it tries to cut costs and boost revenue from...

  3. Sprint Executives Defend $15.5B iPhone Deal

    Sprint Nextel Corp. (S) defended to shareholders its deal with Apple Inc. (AAPL) to buy $15.5 billion in iPhones over the next several years, saying the commitment i...

  4. Satisfaction With AT&T Catching Up to Verizon

    Satisfaction among the top four carriers in the U.S. seems to be evening out as Verizon continues to lose some of its lure due to fees, and smaller rivals Sprint and...

  5. LightSquared Files for Chapter 11 Bankruptcy Protection

    LightSquared Inc. filed for Chapter 11 bankruptcy protection Monday, hours ahead of the expiration of a deal to keep hedge fund manager Philip Falcone's venture from...

  6. LightSquared Files For Chapter 11 Bankruptcy

    LightSquared Inc. filed for Chapter 11 bankruptcy protection Monday afternoon, hours ahead of the expiration of a deal to keep hedge-fund manager Philip Falcone's ve...

  7. T-Mobile USA Customer Losses Continue to Mount

    Mobile USA reported it lost more than a half million of the most lucrative customers in this year's first three months, marking the 15th straight quarter of contract...

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