Verizon Wireless (VZ) said on Tuesday that it plans to sell HTC Corp’s latest smartphone, the Droid DNA, as its flagship phone for the holiday season. The device may help HTC in its battle against arch-rivals Samsung Electronics and Apple Inc (AAPL), to which it has heavily lost ground in recent years. While Verizon Wireless also sells Samsung and Apple phones, its promise that the Droid DNA is its “flagship for the season” may indicate heavier marketing of that particular device. “We think it’s poised to be a real blockbuster for the holidays and certainly into 2013,” Verizon Wireless Chief [...]
Verizon Wireless will begin selling Nokia’s new Lumia smartphones this autumn, helping the Finnish company to fight back against Apple (AAPL) and Samsung in the United States. The Nokia Lumia 822, which will run on Microsoft’s Windows Phone 8 software, will include an 8 megapixel camera and allow for wireless charging, Nokia said on Monday. No details on pricing or exact sale dates were available. AT&T (T) will start selling Nokia’s high-end Lumia 820 and 920 phones in early November. Once the world’s biggest mobile phone maker, the Finnish company has fallen far behind in the lucrative smartphone market, where [...]
Shares of TiVo (TIVO) jumped 9% premarket on Monday after Verizon Communications (VZ) agreed to pay $ 250 million to the DVR maker to settle a patent infringement battle. The companies entered into a mutual patent licensing agreement on Friday, under which Verizon will pay TiVo about $ 250.4 million through July 2018. The deal consists of a cash payment of $ 100 million due on or before Sept. 28 and recurring payments of $ 6.01 million over the next 25 quarters. The agreement settles and dismisses with prejudice all outstanding litigation between the two and grants Verizon a license [...]
LOS ANGELES Verizon Wireless confirmed late Wednesday it would carry Apple Inc.’s iPhone 5 on its 4G LTE network starting Sept. 21. Beside Verizon Wireless, a joint venture of Verizon Communications Inc. and Vodafone Group PLC , rival Sprint Nextel Corp. is also expected to offer the new iPhone.