Hasta La Gadget!

Verizon Communications, the majority shareholder of Verizon Wireless, just tossed out its Q2 2010 earnings, and unlike the majority of the other big boys we’ve seen, this company actually lost money over the past few months. All told, the mega-corp posted a $198m net loss compared to a $1.48b net profit this time last year, but if you were to exclude “special charges” for a workforce reduction, Verizon as a whole would’ve seen net profits of $0.58 per share. When focusing strictly on mobile, Verizon Wireless managed to pick up 1.4 million net customer additions, which is 200,000 shy of the 1.6 million that AT&T recently picked up. What’s crazy is that one carrier has the iPhone while the other doesn’t, and it doesn’t take the imagination of Peter Pan to figure out how those numbers would shift if Apple’s smartphone somehow picked up a CDMA radio and headed over to Big Red. Other fun facts about VZW’s second quarter include a 3.4 percent uptick in total revenues year-over-year, a 5.2 percent increase in service revenues and a staggering 28.3 percent boost in data revenues. With all that cash flowing in, is there really a need for these newfangled caps? Consumers say “no,” but Sir Capitalism says “yes.”

Update: We’ve been pinged by Verizon and given some clarification to the awful mess known as filing quarterly reports in accordance with GAAP with varying shares of ownership. We also learned that Verizon Wireless added 665,000 new net wireless customers under contract in the prior quarter, whereas AT&T added 496,000 contract customers. It’s pretty easy to make these numbers say whatever you want them to, apparently.

Continue reading Verizon posts $198m net loss, picks up healthy amount of new wireless subs

Verizon posts $198m net loss, picks up healthy amount of new wireless subs originally appeared on Engadget on Fri, 23 Jul 2010 13:55:00 EDT. Please see our terms for use of feeds.

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We were extremely close to cramping our sarcasm muscle with all the faux excitement we had to drum up for the 3.2-inch Acclaim, but US Cellular has now come back with word that it’ll soon count HTC’s Desire among its roster of phones. The Desire, which is mooted to be coming to other smaller carriers like Cellular South, will debut in August alongside the BlackBerry Bold. We’re more excited, however, to find US Cellular promising it’ll offer “a BlackBerry flip smartphone with a full QWERTY keyboard” later this year. That sounds like RIM’s slightly unorthodox 9670 to us, and will probably form the second part of the BB maker’s pledged introduction of two new handsets. US Cellular’s 2010 device lineup refresh will be completed with a pair more Androids, courtesy of LG and Samsung. The former is said to have a “large touch screen and slide-out, ergonomically-designed QWERTY keyboard,” while the latter is only described as “highly-anticipated.” Not too shabby.

Continue reading US Cellular adds HTC Desire and BlackBerry Bold in August, teases BlackBerry 9670 for ‘later this year’

US Cellular adds HTC Desire and BlackBerry Bold in August, teases BlackBerry 9670 for ‘later this year’ originally appeared on Engadget on Fri, 25 Jun 2010 05:41:00 EDT. Please see our terms for use of feeds.

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We don’t know what shenanigans are going on over in Vodafone HQ, but the UK carrier gave the world a quick glimpse of its iPhone 4 pricing today, before promptly removing the data sheets from the ether. Thankfully, a fast-witted reader by the name of Liam Gladdy captured the incriminating data for us, and we can now sit and ruminate on what Voda has in store. As you might surmise from above, the vast majority of users won’t be getting the handset for free, though that doesn’t necessarily preclude the contracts from representing good value. We note with glee that Vodafone keeps its data limit at a robust 1GB, unlike a certain other network, and the £30 ($44) a month two-year contract is looking decent from where we’re sitting. Prices over 18 months just jump by £5 in monthly outlay with handset costs remaining the same. Click past the break for the full breakdown, including details for the 32GB variety.

Continue reading Vodafone UK details iPhone 4 plans a little early, we keep the screenshots

Vodafone UK details iPhone 4 plans a little early, we keep the screenshots originally appeared on Engadget Mobile on Mon, 14 Jun 2010 13:13:00 EDT. Please see our terms for use of feeds.

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There’s the good kind of follow-the-leader, and then there’s this. While the world cheered as all four major US wireless carriers implemented prorated early termination fees, we can all hang our heads accordingly for this one: AT&T has just followed Verizon Wireless’ march into the dark, evil corners of contractland by adjusting ETFs higher for netbooks and smartphones. In an email sent out to select customers, the carrier notes that beginning on June 1st (that’s less than a fortnight away), customers who select “advanced, higher-end device[s], including netbooks and smartphones, will have an ETF of $325, reduced by $10 for each month during the balance of the service agreement.” That’s up significantly over the $175 ETF that affects all of AT&T’s handsets today, though still $25 less than VZW’s plan. The silver lining — if you could call it that — comes with this point: customers “who are buying basic and quick messaging phones will have a lower ETF of $150, reduced by $4 for each month during the balance of the service agreement.” Naturally, existing contract customers won’t see any immediate change, but you can bet you’ll be nailed with the new terms once you head in this summer to pre-order that iPhone 4G. The full memo is posted after the break — so much for “rethinking possible,” huh?

Update: AT&T has published an “open letter” explaining the changes. Thanks, Daniel!

[Thanks, L.]

Continue reading AT&T follows Verizon, jacks up ETF on netbooks and smartphones

AT&T follows Verizon, jacks up ETF on netbooks and smartphones originally appeared on Engadget on Fri, 21 May 2010 15:39:00 EDT. Please see our terms for use of feeds.

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My, talk about a breath of fresh air. Canadian wireless subscribers have long since dealt with inhumane three-year contracts on mainstays like Rogers and Bell, signing over their cellular soul on a whim in order to get a marginally subsidized phone and a guaranteed bill for 36 months. We’ve heard for awhile now that Mobilicity was jonesing to change things up in the Great White North, and change it has. Shortly after receiving an all-important green light from the CRTC, the company has gone live with mobile service in Toronto, with a number of other large Canadian cities to follow in the months ahead. What’s most unique about the service, however, is that every single plan it sells is unlimited in nature, and there’s nary a contract to be found — you simply pick the phone you want, the plan you want, and then you pay upfront. It’s most akin to the various prepaid options here in the States (Virgin Mobile, Boost Mobile, etc.), but still — it’s a lovely alternative to have if you’re a Canuck. Unlimited calling and texting can be had for just $35 per month, while $65 per month nets you unlimited everything (including global texting, US long distance calling and data usage). The phone selection ain’t half bad either, with the only major “gotcha” being that extra roaming fees can apply if you use your mobile outside of metro Toronto (or in the future, away from the carrier’s specific coverage cities). Hit up the source link to get the facts straight from the horse’s moose’s mouth.

[Thanks, Endi]

Mobilicity launches service in Toronto: all plans unlimited, no contracts to speak of originally appeared on Engadget on Sun, 16 May 2010 04:37:00 EST. Please see our terms for use of feeds.

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