Verizon CFO, Fran Shammo, revealed about their plans to stop selling phones with CDMA chips and sticking to only pure LTE smart phones by the beginning of next year. He disclosed the plans today at Deutsche Bank's Media, Internet, and Telecom conference. Moreover, he said that the transition will bring down costs and subsidies for customers.

A recent report has been claiming that though, it may sound bizarre, it is likely that carriers realize worse profit margins if they go high on the sales of smartphones.

Recent reports have subjected that Sandy victims will no longer have to pay for the domestic voice or text messages following the declaration of Verizon.

Giancarlo's ItsOn Inc. had previously received funding from Vodafone Group Plc, Verizon Communications and Best Buy. And as per a recent report, this time SV Angel and Silver Lake AG are granting funds to it along with Andreessen Horowitz.

It is being expected that the fourth quarter reports regarding the earnings of Apple will depend upon the sales of iPhone 5 and future of its iPad mini.

Apple Inc.’s iPhone 5 was on sales for the first time last Friday, a recent report has revealed. With it came its outstanding features too, which were being praised a lot. But, iPhone’s Verizon version is now being said to contain one additional feature, which remained hidden till date.

Tech giant Apple saw yet another high when it was revealed that it has sold the initial stock of iPhone 5. After coming across the news, it was found that shares of the company have gone up.

To block the usage of stolen phones, US carriers have finally shook hands with the FCC and law enforcement. This contract will help them in developing a central database for following and blocking stolen phones. This process will further make it a difficult legislation for all those who are involved in amending the handsets’ unique identifiers.

Data breach has been a very menacing fact that has been dealt by the security industry in the recent times. Hackers who do the data breach either for political motives or social agendas have now became the front runners surpassing even the organized crime groups this year.

According to Consumer Reports (CR), the Verizon iPhone 4, which went on sales February 10, is plagued with the same problem as its July-last-year-released AT&T counterpart – that is, the capacity for dropped calls when held in a particular manner.