Verizon Wireless has released new figures on its Long Term Evolution (LTE) wireless broadband network.

The recent tests in Boston and Seattle recommended that the network can reach download speed of up to 50 Mbps and upload speed of 25Mbps.

Reports and sources have speculated that Verizon Wireless, which is presently the largest wireless carrier in the US, will be releasing two phones from Microsoft Corp., a development expected to take place in May or June. The new devices will be targeted specifically at teenagers.

In their 14-page Monday letter to the Federal Communications Commission (FCC), AT&T and Verizon - along with trade groups CTIA and the National Cable & Telecommunications Association - have said that any “extremist” move of arduous regulations by the agency might dissuade them from investing further in the fast-moving broadband industry.

United States’ leading wireless carrier Verizon is going to add Skype software to some of its phones, two persons familiar with the matter claimed.

Verizon announced on Friday that it scheduled a press conference with Skype on February 16 at Mobile World Congress in Barcelona.

As has been confirmed by official figures shared, the giant telecom services provider, Verizon Communications Inc. swung to a loss during 2009's last quarter, mainly on the back of huge charges involved in lay-offs. The company has now announced another round of job cuts as top management sounds a pessimistic chime as far as the economic recovery goes.

Reports are that Apple might be planning to launch CDMA and GSM version of its tablet for both 3G service providers, Verizon and AT&T.

The January 15-announced $30 price-cuts on some unlimited voice calling packages of the two big US mobile-phone service providers, Verizon wireless and AT&T, may actually boost the revenue figures for the companies – with the price-cut announcements being accompanied by some other price moves that will get the users to subscribe to data plans with higher price tags.

With the voting on the Federal Communications Commission (FCC)’s ban on the distribution and sale of wireless devices operating in the 700 MHz frequency coming through on Friday, the manufacture, sale, and import of wireless microphones using the 700 MHz band has been forbidden.

A price war of sorts is apparently on between the two leading US carriers - the arch-rivals Verizon Wireless and AT&T!

In an interview Verizon chief stated that wireless companies have to upgrade to next generation wireless technology to cope up with increasing load of internet usage, that too in few years.