Telephone and Data Systems Inc., a provider of wireless products and wired telecommunications services, said Thursday that promotions it offered in response to competition cut into revenues and profits during the quarter that ended in December at its largest subsidiary, U.S. Cellular.
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Verizon beefs up network to prepare for iPhone
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Verizon Wireless has been beefing up its network and believes it will have no problem handling iPhone-type loads, a claim that could be put to the test this year if the carrier signs up millions of subscribers using the Apple Inc. device.
Verizon Wireless, the country’s largest wireless carrier, is confident enough in its network that it will offer unlimited data-use plans when it starts selling the iPhone around the end of this month, a person familiar with the matter said. Such plans would provide a key means of distinguishing its service from rival AT&T Inc., which limits how much Internet data such as videos and photos its customers may use each month. Get the full story »
