Basking Ridge News
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Jennifer Prentice, a medical- equipment saleswoman in Minneapolis, once had no qualms about dropping $600 or more for Gucci purses. Now she spends $300 for Coach Inc. bags and is filling in her Burberry wardrobe with pieces from J. Crew.
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Verizon Wireless, the mobile-phone joint venture of Verizon Communications Inc. and Vodafone Group Plc, plans to pay a $7 billion dividend to its co-owners, defusing a source of tension between the two companies.
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Nokia Oyj, the Finnish mobile-phone maker trying to win back users from Apple Inc. and Samsung Electronics Co., struck a deal with Verizon Wireless to sell its new flagship smartphone.
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Nokia Oyj, the Finnish mobile-phone maker trying to win back users from Apple Inc. and Samsung Electronics Co., struck a deal to get Verizon Wireless to sell its new smartphone, said two people familiar with the plan.
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Samsung Electronics Co. said demand for its flagship Galaxy S4 device is stronger than expected after two top U.S. wireless carriers pushed back their release dates, citing shipment delays.
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Verizon Wireless, the largest U.S. wireless carrier, is extending its waiting period for phone upgrade discounts to boost profits.
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Dish Network Corp.’s bid for Sprint Nextel Corp. may benefit from not involving a foreign buyer, and could find favor with U.S. regulators eager to boost competition among mobile providers, analysts said.
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Verizon Wireless, the nation’s largest wireless carrier, offered to acquire some of Clearwire’s airwave licenses in major cities, according to people familiar with the proposal.
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Nortel Networks Corp. , once North America’s largest communications equipment provider, wants a bankruptcy judge to settle a dispute over Avaya Inc. ’s $915 million purchase of the corporate networks business that was completed last year.
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Verizon Communications Inc. may be in its strongest position ever to obtain full control of Verizon Wireless from its venture partner Vodafone Group Plc.
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