British telecommunications group Vodafone, plans to sell its stake in Verizon Wireless, the largest mobile operator in the U.S. to receive 115 billion dollars (about 88 billion euros) from Verizon Communications, American telecommunications company that holds 55% of Verizon Wireless, according to people familiar with the matter, Bloomberg. Vodafone owns 45% stake of American operator.
Following this transaction Verizon Communications will wholly owns the most profitable division of the company. In the last quarter of 2012, Verizon Wireless has made a record 2.1 million customers, surpassing the rival operator AT&T and other competitors.
“Verizon wants to control the world’s best asset“, said Jonathan Chaplin, an analyst at research firm New Street Research in New York.
In December last year, the two companies, Vodafone and Verizon Communications discussed a possible merger, said sources close to the situation. However, negotiations were intrerupte because of disagreements about the appointment of new management companies and headquarters location. Vodafone stake sale to Verizon Wireless became more likely. Talks will resume this year, said the immediate situation.
Verizon’s share price rose yesterday on the New York Stock Exchange for the 12 consecutive day by 1.2% to $47.69 (36.58 euros) per unit. Vodafone share price rose by 5.2% to $ 26.68 (20.46 euros), according to Bloomberg.
Word on the street is that Samsung Galaxy Tab 7.7 is heading to Verizon Wireless in US.
Samsung Galaxy Tab 7.7 carries a 7.7-inch Super AMOLED Plus Display with 1280×800 resolution, a dual-core 1.4GHz processor and 1GB of RAM. There are 3 versions as it concerns the internal memory and that is 16GB, 32GB or 64GB of internal storage.
Also, the Galaxy Tab 7.7 features a microSD card slot, 802.11 a/b/g/n Wi-Fi, Bluetooth 3.0, A-GPS, a 3MP camera on the back with LED flash and auto-focus and 2MP camera for video chat on the front. In addition, the Android 3.2 Honeycomb is running the place.
There is no official detail regarding the release date or the price, but we’ll keep you posted if anything gets out.
Tomorrow HTC and Verizon Wireless carrier will launch the successor of HTC DROID Incredible named DROID Incredible 2.
In comparison with first DROID Incredible, the new DROID Incredible 2 will have a bigger touchscreen, 4.0 inch with 480 x 800 pixels resolution (3.7 inch for DROID Incredible), 768 MB of RAM (512 MB RAM for first DROID), 1.3 megapixels front-facing camera for video calls, a new battery with higher capacity. Also, the dimensions of Incredible 2 are slightly smaller 120.7 x 64 x 12.2 mm and 135.5 grams weight. For complete specs list of Incredible 2 check the specification page of Incredible 2.
HTC Incredible 2 comes with Android 2.2 Froyo OS with HTC Sense UI, SRS WOW HD Surround sound avaiable, access to unlimited songs through V CAST Music with Rhapsody or tune in to the expert DJs on Slacker Internet Radio.
Verizon Carrier announced the availability of Motorola Droid Pro in its stores starting next month.
Motorola Droid Pro comes as a business device with dual-mode CDMA/ GSM capabilities with full QWERTY keyboard. Droid Pro features a 3.1 capacitive touchscreen with 320 x 480 pixels display resolution, 512 MB of RAM, 2 GB ROM and 8 GB storage expandable up to 32 GB via microSD card. Other specifications include a 5 megapixels camera with autofocus and dual-LED flash, Wi-Fi, Bluetooth v2.1 with A2DP and 1 GHz processor.
The release date is rumored to be on November 11. The price with contract for Droid Pro will be around $300 and this will make Motorola Droid Pro to be the most expensive Android handset available in the US.
Motorola Droid X is ready to receive the latest Android OS, the Froyo version, tomorrow.
Verizon Wireless has just release a PDF which contains improvements of the Droid X update.
Update: Verizon confirmed the Droid x update and announced via Twitter that Android 2.2 will begin to roll out today (Wednesday) at noon. You don’t have to wait for the Over the Air push, you can simply follow these steps : Menu > Settings > About phone > System updates.
Verizon Wireless carrier announced the availability of DROID Incredible in its store. Customers can purchase the HTC DROID Incredible starting August 9.
The high-end Android device, DROID incredible features a 3.7 inch AMOLED touchscreen with 480 x 800 pixels resolution, multi-touch, accelerometer, and proximity sensor for auto turn-off, 8 megapixels camera with autofocus and LED flash, 1 GHz processor, Android 2.1 OS with HTC Sense user interface and 8 GB internal storage up to 32 GB with microSD memory card.
The price for HTC DROID Incredible on Verizon Wireless starts from $529.99 retail price, $269.99 for 1-year contract with $100 online discount and $199.99 for 2-year contract with $100 online discount.