Finally, no more rumors, no more speculation, Verizon Wireless has officially announced they will be servicing the iPhone come February 10th of this year. Apple’s iPhone broke ground for the smartphone industry four years ago, and it quickly became the poster child for the new generation of mobile devices. For years, the iPhone has been offered exclusively through AT&T, a partnership that has been rumored to end for quite some time, but now a confirmation that the partnership has been dissolved has the Street up in arms. From a consumer standpoint, the news is fantastic; users will now have the choice between two networks with the iPhone, allowing many to stay with Verizon if they so choose. But from an investment standpoint, the news may not be as good as some might have you believe [see also Ten Commandments Of ETF Investing].
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As the competition in the smartphone industry heats up, service providers and phone manufacturers have received a great deal of attention from investors in recent months. Many providers are making moves into uncharted territory, such as AT&T teaming up with the BlackBerry Torch; now Verizon has confirmed long-standing rumors that it will roll out an [...]
In the ongoing battle between phone and cable companies and the FCC, it appears as if Comcast and its allies have won the latest round. The U.S. Appeals Court for the District of Columbia ruled in a 3-0 vote that the Federal Communications Commission (FCC) lacks the authority to determine how Comcast and other Internet [...]
For the most part, ETFs are pretty similar regardless of which issuer is behind the fund. But as many investors know, there’s one notable exception to this rule. The HOLDRS products from Merrill Lynch are similar to traditional ETFs in many ways, but also feature some nuances that make them very different in others. HOLDRS [...]
This year has not been kind to telecommunication ETFs, as increased competition for existing users has begun to weigh heavily on the sector. In addition, growth opportunities, which long have been a hallmark of the telecom industry, appear to be drying up. According to a new report, two-thirds of all people on earth now use [...]
“Net neutrality” sounds like the latest brainless Nic Cage movie, but is actually a rather complex issue that could have a major impact on the telecommunications sector in coming months. In the latest battle between phone and cable companies and the FCC, the stakes are high, and the ultimate resolution could have affect the daily [...]
