Word: verizons
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...arrival of the Motorola ROKR-aka "the iTunes phone"-has triggered a hullabaloo about music-playing phones. Turns out, lots of them do it. This month, Verizon Wireless introduced a couple of phones with stereo speakers that support V Cast news and entertainment, and both of them-the Samsung SPH-a950 and the LG VX9800-play MP3s...
...VERIZON...
Music from Heaven Here come the wireless music stores. Late last year, Europe and Asia launched services for downloading full-length songs straight to mobile phones, and consumers responded. Now the U.S. is ready to get into the game, as Cingular, Sprint and Verizon Wireless all plan to launch over-the-air music stores next year. "There's an instantness that is amazing," says EMI's Adam Klein, who has helped carriers around the world launch music services. A mobile music store requires networks that can support fast downloading. Sprint and Verizon now have them, and Cingular will soon. Verizon...
...remaining Refco stake is worthless. Lee recouped $175 million in the Refco IPO. But he had invested $507 million for 57% of Refco in 2004, using funds from dozens of public and private pension systems, including California Public Employees' Retirement System, Pennsylvania State Employees' Retirement System, General Motors and Verizon. As a Refco insider (several Lee executives are on the Refco board), Lee and the underwriters who took the company public may be on the hook for shareholder losses. "We have a history of taking forceful action in response to misbehavior," says Alan Hevesi, New York State comptroller, whose retirement...
...services if you sign up for more than one from them. Buy cable TV and high-speed Internet access together with a digital phone line, for instance, and you may end up paying 20% less than you would have if you had purchased each from a separate provider. As Verizon and other carriers start to offer television over phone lines, expect more price competition...