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Tag: Verizon

  • T-Mobile Reports Quarterly Results, Smashes Estimates

    T-Mobile Reports Quarterly Results, Smashes Estimates

    T-Mobile has reported its quarterly results, beating analysts’ estimates and reporting strong subscriber growth.

    T-Mobile is known for large gains in the subscriber department, and this quarter was no exception. The company posted 1.4 million net additions, beating both AT&T and Verizon.

    The company also posted $19.76 billion in revenue, up from $11.11 billion in the year-ago quarter, a 78% increase. Net profit came in at $933 million, or $0.74 a share. In contrast, analysts were expecting $0.54 a share.

    T-Mobile’s acquisition of Sprint is moving ahead, with roughly 20% of Sprint customers already moved over to the T-Mobile network. In addition, 50% of Sprint customer traffic is now on the T-Mobile network.

    “T-Mobile puts customers at the center of everything we do by giving them the best network, value and experience all at once – and this quarter’s stellar, industry-leading results prove that they’re noticing,” said Mike Sievert, CEO of T-Mobile. “We just keep pushing further ahead of the competition. Our network leadership is fueling customer momentum, delivering merger synergies and expanding our addressable markets for growth. We have so much confidence that we are raising 2021 guidance just one quarter into the year. Our mission is to be the very best at connecting customers to their world and we’re delivering on it.”

  • Verizon Media Sold to Apollo Funds

    Verizon Media Sold to Apollo Funds

    Following reports Verizon was exploring a sale of Yahoo and AOL, its Verizon Media business is being sold to Apollo Funds.

    Verizon purchased Yahoo and AOL, both pioneers among the early internet companies. Although both had since fallen on hard times, the two brands still had large, loyal followings. Verizon’s goal was to build an advertising business that could rival Google and Facebook.

    Unfortunately, the advertising business proved more difficult for Verizon to crack than it planned. Over the last several years, the company has been selling off some of its media properties, with Yahoo and AOL being the final piece. Apollo Funds has agreed to purchase Verizon Media for $5 billion. The new company will be known as Yahoo, and Verizon will maintain a 10% stake in it.

    “We are excited to be joining forces with Apollo,” said Guru Gowrappan, CEO, Verizon Media. “The past two quarters of double-digit growth have demonstrated our ability to transform our media ecosystem. With Apollo’s sector expertise and strategic insight, Yahoo will be well positioned to capitalize on market opportunities, media and transaction experience and continue to grow our full stack digital advertising platform. This transition will help to accelerate our growth for the long- term success of the company.”

    “We are thrilled to help unlock the tremendous potential of Yahoo and its unparalleled collection of brands,” said Reed Rayman, Private Equity Partner at Apollo. “We have enormous respect and admiration for the great work and progress that the entire organization has made over the last several years, and we look forward to working with Guru, his talented team, and our partners at Verizon to accelerate Yahoo’s growth in its next chapter.”

    “We are big believers in the growth prospects of Yahoo and the macro tailwinds driving growth in digital media, advertising technology and consumer internet platforms,” said David Sambur, Senior Partner and Co-Head of Private Equity at Apollo. “Apollo has a long track record of investing in technology and media companies and we look forward to drawing on that experience to help Yahoo continue to thrive.”

    “Verizon Media has done an incredible job turning the business around over the past two and a half years and the growth potential is enormous,” said Hans Vestberg, CEO, Verizon. “The next iteration requires full investment and the right resources. During the strategic review process, Apollo delivered the strongest vision and strategy for the next phase of Verizon Media. I have full confidence that Yahoo will take off in its new home.”

  • GE Partners Uses Verizon 5G to Power Cross-Industry Testbed

    GE Partners Uses Verizon 5G to Power Cross-Industry Testbed

    GE Research and Verizon have partnered to power a cross-industry GE testbed with Verizon’s 5G Ultra Wideband.

    Verizon’s Ultra Wideband, also known as mmWave, is the fastest flavor of 5G. It offers revolutionary speed, measured in gigabits. This makes it ideal for data-intensive applications that require high speeds and low latency.

    GE’s testbed will tackle a range of industries, including wireless, remote patient monitoring, predictive maintenance of aircraft engines and real-time control of wind farms.

    “Together with Verizon, we are leading the way in innovating on 5G,” said Vic Abate, GE’s Chief Technology Officer. “It marks a pivotal moment for the industrial world, as we finally have a wireless network platform that delivers the speed, scale, reliability and flexibility to connect industrial devices in a truly transformative way.”

    “Verizon’s 5G platform capabilities provide the perfect testbed for GE’s research team to build the next-generation, real-time solutions that will transform every industry,” said Tami Erwin, CEO of Verizon Business. “There’s never been a more critical time to build the 21st century infrastructure built on mobility, broadband and cloud and our 5G sits right at the epicenter.”

  • Verizon May Sell Yahoo and AOL Assets

    Verizon May Sell Yahoo and AOL Assets

    Verizon is looking to sell Yahoo and AOL assets, as it pivots away from the digital media business it spent billions to enter.

    Verizon bought Yahoo and AOL for a combined $9 billion, in an effort to diversify beyond its core business. The company saw its phone subscribers as a way to drive growth to digital media properties, and ultimately challenge the likes of Facebook and Google for digital media and advertising.

    The company’s plans have been far from successful, and it is now looking to sell off its digital media assets, including both Yahoo and AOL, according to The Wall Street Journal. The decision follows a $4.5 billion write down of its digital media business in 2018, the sale of Tumblr in 2019 and the sale of HuffPost to BuzzFeed in November of last year.

    Verizon has already involved Apollo Global Management, Inc. in the deal, one that some believe could be worth as much as $5 billion. Given the challenges Verizon faces moving forward with its 5G rollout, and the vast sum of money it recently spent to acquire more spectrum, $5 billion could be far more helpful in its core business.

  • Verizon Reports Strong Start to the Year, Despite 178K Phone Net Losses

    Verizon Reports Strong Start to the Year, Despite 178K Phone Net Losses

    Verizon reported its first-quarter results, citing a strong start to the year despite reporting 178,000 phone net losses.

    Verizon’s latest quarterly reports are a mixed bag, simultaneously beating expectations and losing 178,000 subscribers.

    The company reported $5.4 billion net income for the quarter, an increase of 25.4%. Similarly, the earnings per share came in at $1.27, up from the $1.00 they were a year ago.

    Total wireless revenue came in at $16.7 billion, a 2.4% increase year over year. In spite of that, Verizon experienced 170,000 retail postpaid net losses, including 178,000 phone net losses, compared to 68,000 net phone loses a year ago.

    “Verizon is off to an excellent start in 2021 as we met the challenge of intense competition in the first quarter by achieving revenue growth across our three business segments,” said Verizon Chairman and CEO Hans Vestberg. “This year began with a transformative milestone for our company with our success in the recent C-Band spectrum auction. We continue to strengthen our networks, execute on our Network-as-a-Service strategy and focus on the five vectors that underpin our growth framework and position us to deliver success in 2021 and beyond.”

  • AT&T Scores on Wireless Growth and HBO Max

    AT&T Scores on Wireless Growth and HBO Max

    AT&T reported its first-quarter results, scoring big on wireless subscriber growth and HBO Max subscriptions.

    The wireless company reported revenue of $43.9 billion for the quarter, up to 2.7%. Even more significantly, AT&T added 595,000 postpaid subscribers, the most valuable customers for a wireless carrier. The company also added an additional 207,000 prepaid subscribers.

    HBO was another bright spot for the company, adding 2.7 million HBO Max and HBO subscriptions.

    “We continued to excel in growing customer relationships in our market focus areas of mobility, fiber and HBO Max,” said John Stankey, AT&T CEO. “We had another strong quarter of postpaid phone net adds, higher gross adds, lower churn and good growth in Mobility EBITDA. We also continue to increase penetration in markets where we offer fiber broadband and we’re moving quickly to deploy more fiber. HBO Max continued to deliver strong subscriber and revenue growth in advance of our international and AVOD launches planned for June.”

    AT&T’s report is in direct contrast to Verizon, who reported a loss of 178,000 postpaid connections during the same period.

  • Ookla Releases Latest Wireless Report, T-Mobile Comes Out on Top

    Ookla Releases Latest Wireless Report, T-Mobile Comes Out on Top

    Ookla, the maker of the popular Speedtest app, has released its latest report and T-Mobile has come out as the big winner in wireless.

    Thanks to its Speedtest app, Ookla is in a unique position to compile reports based on organic user data, rather than rigid, pre-defined studies. The company gives each provider a “Speed Score,” which is based on the provider’s upload and download speeds. Because download speed has a far greater impact on a user’s experience, 90% of the score is attributed to download speed, with the remaining 10% attributed to upload.

    Its latest report covers Q1 2021, and T-Mobile has come out on top in almost every category.

    Overall Speed

    In terms of overall speed, T-Mobile scored first place with a score of 50.21. AT&T came in second with 48.38 and Verizon came in third with 41.25.

    Consistency

    Ookla’s Consistency test measures providers’ ability to deliver consistent speeds. T-Mobile came in first, providing download speeds of at least 5 Mbps and upload speeds of at least 1 Mbps 84.8% of the time. AT&T came in second at 83.5% and Verizon came in third at 81.6% of the time.

    5G Speed

    When looking exclusively at 5G speed, T-Mobile was again the clear winner, with an average download speed of 82.35 Mbps. AT&T was again second with 76.60 Mbps, and Verizon came in third at 67.24 Mbps.

    5G Time Spent (5G Availability)

    Ookla’s Time Spent test measures how much time phones are connected to 5G, giving a look into a provider’s 5G coverage and availability. T-Mobile came in first with 65.4%. Verizon came in second with 36.2% and AT&T was third with 31.0%.

    Latency

    Latency tests were the only tests were T-Mobile didn’t score first place. AT&T and Verizon tied at 32 ms, while T-Mobile had 33 ms.

    T-Mobile touted the results as validation of its 5G strategy, one that has helped it become the company to beat in the 5G race.

    “Ookla’s report is just the latest to prove T-Mobile is America’s leader in 5G, with real customer data showing T-Mobile delivers the fastest 5G speeds and a 5G signal more often,” said Neville Ray, President of Technology at T-Mobile. “While the other networks play catch up, T-Mobile 5G will keep layering on even more capacity and speed to the nation’s largest 5G network.”

  • Verizon Recalling 2.5 Million Ellipsis Jetpack Hotspot Devices

    Verizon is recalling 2.5 million Ellipsis Jetpack hotspot devices due to the lithium ion battery overheating and posing a fire risk.

    According to the US Consumer Product Safety Commission, 15 of the devices have overheated, with six reports of fire damage and two reports of minor injuries. The models include MHS900L, MHS900LS and MHS900LPP.

    Verizon is replacing the defective units free of charge.

    The safety of our customers is our highest priority. We are taking the situation very seriously, and we are working diligently to determine the cause of the issues with the supplier and to provide replacement devices for all of our customers, free of charge.

    Additionally, all powered-on Ellipsis Jetpacks have received two over-the-air, automatic software updates. The first enables the device’s identifying number to be viewed on its scrolling screen to help facilitate its exchange, and the second prevents the device from charging while the device is plugged in and powered on. This will help reduce some of the risk of overheating by preventing the device from charging while it is plugged in and powered on.

    Information can be found at ellipsisjetpackrecall.expertinquiry.com or by calling 855-205-2627.

  • Honda and Verizon Working Together to Use 5G to Improve Road Safety

    Honda and Verizon Working Together to Use 5G to Improve Road Safety

    Verizon and Honda are working together, in cooperation with the University of Michigan’s Mcity, to improve road safety with the help of 5G.

    Honda has been on the forefront of autonomous vehicle research, recently releasing the world’s first Level 3 autonomous car. The company is working with Verizon to see if 5G and mobile edge computing (MEC) can improve road safety, while reducing the need for onboard AI processing.

    The goal is to use 5G and MEC to help vehicles better communicate with other vehicles, road infrastructure and pedestrians to better avoid collisions. For example, if a pedestrian is crossing the road, but obscured from view by a building or parked vehicle, smart intersection cameras could alert oncoming drivers of the danger.

    “Honda’s research collaboration with Verizon is an important step in our multi-year effort to develop connected vehicle safety technology to realize our vision for a collision-free society,” said Ehsan Moradi Pari, Ph.D, research group lead at Honda’s Advanced Technology Research Division. “While the research is preliminary and not intended as a product feature at this time, 5G-enabled vehicle communication and MEC have the potential to advance safety for everyone sharing the road.”

    “The ability to move computing power to the edge of our 5G network is an essential building block for autonomous and connected vehicles, helping cars to communicate with each other in near real-time and with sensors and cameras installed in streets and traffic lights,” said Sanyogita Shamsunder, vice president of Technology Development and 5G Labs at Verizon. “When you consider that roughly 42,000 people were killed in car accidents last year and 94% of accidents are caused by human error, our new technologies including 5G and MEC can help drivers ‘see’ things before the human eye can register and react helping to prevent collisions and save lives.”

    The collaboration is further evidence of the far-reaching impact 5G, AI and edge computing will have on a wide range of industries.

  • Verizon Launches BlueJeans Telehealth

    Verizon Launches BlueJeans Telehealth

    Verizon is continuing to leverage its BlueJeans acquisition with the launch of BlueJeans Telehealth.

    BlueJeans is a videoconferencing platform that Verizon bought in April 2020, at the outset of the pandemic. Since the acquisition, Verizon has been heavily promoting BlueJeans, using it for its own services and partnering with other companies.

    Now Verizon is expanding into telehealth, providing a way for patients and healthcare providers to connect virtually.

    “While the use of telemedicine has been steadily growing for some time now, the pandemic has accelerated telehealth adoption and changed the conversation around what patient care will look like moving forward,” said Tami Erwin, CEO, Verizon Business. “We worked closely with an advisory board of health system clinicians and healthcare decision-makers to build BlueJeans Telehealth specifically to address the most pressing needs for a virtual-first telehealth offering–from ease of experience to enhanced security. Today’s launch is just the beginning for Verizon in what we see as the future of telehealth, especially when you consider the innovation that will come from 5G mobility, broadband and cloud capabilities.”

    While the global pandemic has greatly accelerated the adoption of telehealth medicine, the industry is expected to grow significantly in the coming years. Verizon is clearly positioning itself and BlueJeans to play a pivotal role in the transition.

  • T-Mobile Takes ‘Most Reliable 5G Network’ Title in Latest Report

    T-Mobile Takes ‘Most Reliable 5G Network’ Title in Latest Report

    T-Mobile continues to be the carrier to beat in the US 5G race, adding “most reliable 5G” to its list of accolades.

    The magenta carrier established an early lead in 5G coverage, thanks to being the first company to roll out a nationwide 5G network. T-Mobile used its 600 MHz spectrum to power the nationwide network, spectrum that gives it excellent range and penetration.

    In contrast, Verizon focused almost exclusively on high-band mmWave spectrum in its initial rollout. mmWave offers spectacular speed, but very poor coverage and penetration. As a result, Verizon was the undisputed king of 5G speed in the early days of the rollout.

    In January, however, T-Mobile took the 5G speed crown from Verizon, and now the company’s network has been named the most reliable 5G as well.

    Independent research firm umlaut examined 35 million data samples from more than 55,000 5G users. According to umlaut’s research, T-Mobile ranks first in 5G overall in 44 states. In addition, the company earned top marks for 5G coverage, reliability and speed.

    “Time and time again, the independent network benchmarking reports prove there’s one clear leader in 5G, and that’s T-Mobile,” said Neville Ray, President of Technology at T-Mobile. “With the largest, fastest and now most reliable 5G network in the country, our sights are firmly set on what’s next in 5G, while the competition plays catch-up!!”

  • Verizon and Dreamscape Partner on 5G Virtual Reality

    Verizon and Dreamscape Partner on 5G Virtual Reality

    Verizon and Dreamscape have announced a partnership to deliver 5G-based virtual reality (VR) innovations.

    Dreamscape is one of the leading VR companies, and helped pioneer multi-person, real-time VR. VR is one of the industries that stands to benefit the most from 5G, as the wireless technology can deliver the speeds and low-latency necessary to create immersive, fluid experiences.

    Verizon and Dreamscape’s partnership will initially focus on using 5G and mobile edge computing (MEC) to create immersive-learning and training experiences.

    “Verizon’s partnership with Dreamscape shows how innovative tech built on our 5G network can revolutionize industries,” said Tami Erwin, CEO of Verizon Business. “Using 5G and Edge computing, we are creating immensely powerful and complex VR experiences using lower-cost, tetherless VR hardware, and advancing VR education and training simulations beyond what was previously thought possible. This opens the door to new experiences and makes VR training more accessible for students, trainees, and professionals.”

    “Dreamscape is founded on the premise that we can think beyond physical limitations to create new ways for our world to learn, play, and work. With Verizon as our partner, we’re able to push the limits of VR. Together, we’ll set the standard for VR innovation and application in every field,” said Walter Parkes, CEO of Dreamscape.

  • Verizon Look Forward: Streaming and Mobile Gaming Big Pandemic Winners

    Verizon Look Forward: Streaming and Mobile Gaming Big Pandemic Winners

    Verizon’s Look Forward report has a number of important insights, including the growing importance of streaming TV and mobile gaming.

    The global pandemic has led to a digital transformation across multiple industries, cramming into a single year what would have taken several. Two industries that have seen massive growth are streaming services and mobile gaming.

    According to Verizon’s Look Forward report, major streaming sites have seen a 21% increase over pre-pandemic levels. Rather than being an isolating experience, discussing streaming TV content has helped some 44% of adults content with friends and family.

    Some 2 in 3 (67%) are watching at least 3 hours of live TV a week, with over half (59%) watching about the same amount of streaming TV. Just as significantly, of those who watch streaming content, 82% anticipate spending the same amount of time or more a year from now, indicating the uptick in content consumption is likely a permanent change.

    Almost half (47%) of adults have subscribed to a new streaming service since the pandemic began, with 70% binge-watching shows at least once or twice.

    Mobile gaming is another big winner during the pandemic, with 46% of people downloading or buying at least one mobile game during the pandemic. Interestingly, only 36% did the same with a computer or console game. Almost a third (31%) spend at least 3 hours a week playing a mobile game.

    Some 32% of those who engaged in online gaming reported spending more time doing so now than at the beginning of the pandemic, with 45% saying they were spending about the same amount of time.

    As Verizon’s report shows, streaming TV and mobile gaming have become staples of the pandemic era, and will likely continue to see major growth for years to come.

  • Verizon and T-Mobile Complete STIR/SHAKEN Rollout

    Verizon and T-Mobile Complete STIR/SHAKEN Rollout

    T-Mobile and Verizon announced they have both rolled out the STIR/SHAKEN protocols in an effort to fight robocalls and spam.

    The STIR/SHAKEN protocols are designed to provide a way for carriers to verify the origin and authenticity of a call, and then pass that verification on to the carrier on the receiving end of the call, who then verifies it again. If the call is verified by all carriers involved, the recipient phone will display a “Caller Verified” badge.

    The first and second largest carriers announced they have both completed their STIR/SHAKEN implementation, offering an additional layer of protection to their customers.

    “This latest STIR/SHAKEN milestone is a key part of our overall efforts to combat these unwanted calls,” said Ronan Dunne, EVP and CEO of Verizon Consumer Group. “There is always more to be done, but this is yet another important step for the industry and customers should rest assured that we remain vigilant in our efforts to take down the bad guys and protect them.”

    “T-Mobile was first to implement number verification in 2019 because protecting customers against scammers and spammers is one of the most important things we can do as an industry,” said Mike Sievert, CEO T-Mobile. “To date, T-Mobile has protected over 80 million customers from more than 33 billion suspect calls – and counting. With the combination of Number Verification, free Caller ID and the scam blocking tools in Scam Shield, and by working with network providers of all sizes, we are providing the industry’s most comprehensive scam and spam protection for free to all our customers and working every day to make scammers jobs impossible.”

    The implementation of the protocol is good news for consumers.

  • Verizon Look Forward: Only 25% Want to Return to Office Full-Time

    A new report by Verizon shows how much remote work has changed the workplace, with only 25% wanting to return to the office full-time.

    Verizon’s Look Forward report confirms what many have known about the workplace during the pandemic. Over half of employees (54%) are now working remotely, at least part of the time, almost double pre-pandemic levels (28%).

    Of those working remotely, 7 in 10 (69%) want to continue working remotely a minimum of 1-2 days per week permanently. In fact, only 1 in 4 (25%) want to go back to the office full-time. Many employees (75%) enjoy the mobility remote work offers them, with 2 in 3 (67%) planning to travel and work from places outside the home once it’s safe to do so.

    The report also shed light on the amazing growth of the technical solutions that have made remote work possible. Video conferencing has seen a 2,872% jump from pre-pandemic activity, while VPN use is 91% higher.

    “The pandemic has forced all of us to face challenges we never considered,” says Kyle Malady, Chief Technical Officer at Verizon. “A year into the pandemic, data usage on Verizon networks remains at almost 31% above pre-pandemic levels, a clear indicator that internet consumption and the acceleration of technology adoption are major byproducts of this moment. We’ve seen the shift to digital jump ahead 5-7 years.”

    Report after report has shown the permanent transformation the pandemic has had on the workplace. Verizon’s Look Forward report puts some hard numbers to the transformation, putting it in clearer perspective.

  • T-Mobile Touts Its 5G Following FCC Auction

    T-Mobile Touts Its 5G Following FCC Auction

    T-Mobile is touting the strength of its 5G network following a record-breaking FCC auction of coveted mid-range spectrum.

    Experts expected the FCC auction to fetch as much as $47 billion. Instead, it topped a whopping $81 billion. The spectrum auctioned was mid-range C-band, desperately needed by both Verizon and AT&T to help roll out their 5G networks. Both companies spent appropriately, with Verizon coming in at more than $45 billion and AT&T spending more than $23 billion.

    In contrast, T-Mobile only spent a little more than $9 billion, largely thanks to its strong spectrum portfolio. Thanks to its merger with Sprint, T-Mobile aready had a wealth of mid-band spectrum — considered the ideal spectrum for 5G — which it has been rapidly deploying. Providing a good blend of range and building penetration, T-Mobile has already achieved speeds in excess of 1 Gbps using its mid-band spectrum. Thanks to its position, T-Mobile only bought spectrum in top urban and suburban markets to help round out its existing holdings.

    In its latest post, however, T-Mobile also highlighted the advantage its mid-band spectrum has over the C-band spectrum the FCC was auctioning. With wireless spectrum, the lower the frequency, the longer the range it provides and the better it penetrates obstacles, such as buildings.

    T-Mobile’s current mid-band spectrum is primarily in the 2.5 Ghz range. In contrast, the C-band spectrum just auctioned is in the 3.7 Ghz to 4.2 Ghz range. In other words, the spectrum Verizon and AT&T spent more than $68 billion on is more than a full gigahertz higher than T-Mobile’s primary mid-band, meaning it will offer less range and worse penetration. This will, in turn, result in higher deployment costs for those companies, as T-Mobile points out:

    In the mid-band range, C-Band offers a great mix of coverage and speed, but there are some key differences from 2.5 GHz, the mid-band spectrum T-Mobile is primarily using to roll out Ultra Capacity 5G. Most notably, it doesn’t travel as far. T-Mobile engineers estimate it will require 50% more cell sites for meaningful and continuous coverage, and in some areas, for example in-building, the required densification can be 4x higher than 2.5 GHz. That’s why T-Mobile strategically invested in C-Band to supplement its much broader 2.5 GHz footprint in select urban and suburban areas where it already has a dense network. This will allow for the spectrum to quickly be deployed and provide a more meaningful performance boost for customers.

    C-Band vs 2.5GHz Comparison
    C-Band vs 2.5GHz Comparison

    The company promises it will continue with its 5G deployment, covering 200 million with its high-speed Ultra Capacity 5G this year.

    “T-Mobile customers are the clear winners in this auction. Our already industry-leading 5G network enabled us to be highly selective and strategic, concentrating our wins in top markets nationwide,” said Mike Sievert, CEO of T-Mobile. “As I predicted last fall, the other guys spent an unbelievable amount — because they had to. And even then, the truth is that C-Band is best for urban areas because it doesn’t propagate as well as T-Mobile’s substantial existing mid-band frequencies. For us, C-Band makes a great story even better, and we are incredibly pleased with our clear success in this auction. Our competitors had no choice but to go all in with a break-the-bank attempt to remain relevant in the 5G era.”

  • Only Verizon’s Premium Customers Will Have High-Speed 5G

    Only Verizon’s Premium Customers Will Have High-Speed 5G

    Verizon has made it clear that only their premium customers will have access to high-speed 5G, with lower tiers stuck on their slow nationwide 5G network.

    Verizon recently bid $45.4 billion on mid-range spectrum at the FCC’s auction. Mid-band spectrum is considered the sweet spot for 5G range and performance. Until Verizon finishes rolling out the spectrum it bid on, the company is stuck offering high-speed mmWave and low-band nationwide 5G. The mmWave 5G is exceptionally fast, but has extremely limited range and availability. Verizon’s nationwide 5G network is so slow that experts recommend turning it off — the company’s 4G is much faster.

    Unfortunately for Verizon customers, only those on one of its upper-tier premium plans will be able to access its faster 5G networks, both the fastest mmWave and the new mid-band spectrum the company will soon deploy. Customers on metered plans or the company’s Start Unlimited basic plan will be limited to the company’s nationwide 5G network.

    Much of the reason Verizon’s low-band network is so slow is because it uses Dynamic Spectrum Sharing (DSS). Because Verizon’s low-band spectrum is tied up with its 4G network, the company didn’t have enough spectrum to roll out a dedicated low-band network. As a result, Verizon had to resort to DSS to allow towers to switch back and forth between 4G and 5G, depending on what device is connected. Because the company has to share its spectrum between the two protocols, the nationwide 5G is essentially crippled, slower than its 4G.

    For Verizon customers, this means they will have to pay for a premium plan in order to have any meaningful access to 5G. In contrast, T-Mobile has been praised for its 5G plans, providing 5G on all of its Magenta plans and even eliminating any throttling on its Magenta MAX.

  • BuzzFeed Lays Off 47 HuffPost Workers, Will Shutter HuffPost Canada

    BuzzFeed Lays Off 47 HuffPost Workers, Will Shutter HuffPost Canada

    Less than a month after acquiring rival HuffPost, BuzzFeed has announced it will lay off 47 workers and shutter HuffPost Canada altogether.

    BuzzFeed announced the deal in November, acquiring an ownership stake in HuffPost from Verizon. The deal saw Verizon retain a minority stake, and the two companies agreed to cross-syndicate each other’s content.

    Just three weeks after closing the deal, BuzzFeed CEO Jonah Peretti announced the changes, impacting 47 employees, including eight managers. The remaining 35 are presumably journalists. Peretti said the cuts would help HuffPost break even for the year, and even pave the way toward profit.

    “Though BuzzFeed is a profitable company, we don’t have the resources to support another two years of losses,” Peretti said.

    “We want to ensure the homepage remains a top destination on the internet,” he added. “We also want to maintain high traffic, preserve your most powerful journalism, lean more deeply into politics and breaking news, and build a stronger business for affiliate revenue and shopping content.”

    BuzzFeed’s announcement is just the latest example of the hit media companies have taken during the pandemic.

  • T-Mobile’s Privacy-Threatening Ads Are Decidedly ‘Carrier’

    T-Mobile’s Privacy-Threatening Ads Are Decidedly ‘Carrier’

    T-Mobile prides itself on being the “Un-carrier,” but its latest advertising move is decidedly “Carrier” and threatens its users’ privacy.

    T-Mobile’s turnaround has been so successful that it will be studied in business school for years to come. Once the fourth-largest carrier, and facing major challenges, the company moved into second place after surpassing Sprint for third and then buying them out. T-Mobile now finds itself as a leader in 5G and the company to beat in the wireless industry.

    Much of that success stems from its Un-carrier status, with an emphasis on giving customers what they want. Unlimited data, taxes and fees included in the final price, international texting and data, as well as free calling to and from Canada and Mexico are just a few of the features the magenta carrier pioneered or reintroduced to the market.

    The company’s customer-focused approach makes its latest decision all the more difficult to understand, as it is automatically opting customers into targeted advertising that will use their data.

    Under T-Mobile’s personalized ads program, we use and analyze data from things like device and network diagnostic information (Android users only), apps on your device, and broadband information. This data helps us understand more about user interests (e.g., sports enthusiast, loves cooking, etc.). Using this information, we create groups known as “audience segments,” which may be used by T-Mobile or sold to third parties to make ads more relevant to you. When we sell audience segments, we do not sell information that directly identifies customers, like name, address, or email. Rather, audience segments are associated with mobile advertising IDs, which are long set of numbers and letters. For example, this might say something like “2drdn43np2cMapen084″ is a sports enthusiast.” Take a look at our Advertising and Analytics article and T-Mobile privacy policy for details.

    A spokeswoman told The Wall Street Journal that the company had “heard many say they prefer more relevant ads so we’re defaulting to this setting.”

    The company claims that the information is not identifiable and can’t be linked to a specific user. Unfortunately, that claim doesn’t even begin to hold water.

    “It’s hard to say with a straight face, ‘We’re not going to share your name with it,’ ” Aaron Mackey, a lawyer for the San Francisco-based Electronic Frontier Foundation, told the WSJ. “This type of data is very personal and revealing, and it’s trivial to link that deidentified info back to you.”

    While Verizon and AT&T both sell customer data to advertisers, they both take the extra step of pooling the data together to make it much more difficult, if not impossible, to identify specific profiles. Both companies also have more detailed targeted ad programs, like T-Mobile’s, that share far more personal data. However, these programs are opt-in programs— not on by default like T-Mobile’s.

    Fortunately, it’s relatively easy to opt-out of T-Mobile’s targeted ads. Simply go to T-Mobile.com, click on Account > Profiles > Privacy and Notifications > Advertising & Analytics and toggle “Use my data to make ads more relevant to me” to “Off.”

    While it may be easy to turn the feature off, that doesn’t change the fact it should never have been an opt-out proposition. It’s one thing for free services, such as Facebook and Google, to make money off of targeted ads that use personal data and infringe on privacy, but it’s quite another for a paid service to presume to do the same. For a company that prides itself on protecting the consumer to do so…well, that’s just unconscionable.

    T-Mobile’s actions in this instance are more “Carrier” than the two wireless carriers it constantly mocks.

  • Microsoft and Verizon Deepen Teams/BlueJeans Partnership

    Microsoft and Verizon Deepen Teams/BlueJeans Partnership

    Verizon has announced further integration between Microsoft Teams and its BlueJeans videoconferencing platform.

    Verizon purchased BlueJeans in April 2019, in the early days of the pandemic, in an effort to gain a bigger piece of the remote work and collaboration market. Verizon quickly started buildingon BlueJeans’ existing features, and added partnerships to help speed its adoption.

    Microsoft Teams is one of the biggest partnerships Verizon has managed to score, and today’s announcement furthers that with enhancements to BlueJeans Gateway for Microsoft Teams (BlueJeans Gateway). Pairing the two services helps companies collaborate, regardless of their physical location.

    Verizon has also been named one of Microsoft’s launch partners for Operator Connect, an initiative to create “a direct peering relationship between the Microsoft Teams platform and Verizon’s far-reaching SIP trunking network.” The goal of Operator Connect is to bring PSTN calling to Teams, along with enterprise-grade security, reliability and management.

    “The pandemic has intensified the need for organizations to have enterprise-grade collaboration solutions for their global workforces to stay connected and work more effectively from every possible environment,” said Sampath Sowmyanarayan, President of Global Enterprise at Verizon Business. “These latest updates to our advanced communications portfolio with the BlueJeans Gateway and Microsoft’s new Operator Connect platform, further simplify how enterprises can readily deploy solutions at-scale to streamline connectivity, extract the most value from existing investments, and future-proof collaboration infrastructure to meet the most pressing demands of the hybrid workplace.”