1.) Hurricane Sandy hits: Fire Island—that extremely long, narrow strip of land off the south shore of Long Island—was very nearly washed away when Hurricane Sandy hit last October. Besides destroying houses and businesses, the super storm also damaged Verizon’s copper wiring—which had provided phone and DSL Internet connection to the island—beyond repair.
2.) Read More
Tales of Investment Sales
Big red is turning into big green!
Verizon has cashed in over $800 million in properties since 2005 because its office spaces have become obsolete in the era of wireless technology. The properties have been flipped for multiple uses—including a Mercedes Benz showroom—but the old central offices are proving themselves to be perfect for developers, the Times reports.
Regular columnist Michael Stoler on Verizon’s major sales the last few years.
While companies like Google are hungry to own commercial real estate in New York City, its competitor Verizon continues to sell off corporate real estate here.
In a completely expected move, Verizon has decided to sue the F.C.C., challenging the agency’s newly adopted rules on net neutrality.
When the new rules were passed, The Observer noted that they were laying the groundwork for future legal challenges.
F.C.C. chairman Julius Genachowski was hoping his compromise package would placate business interests. Read More
No more “Droid Does.”
Verizon has uploaded its first self-congratulatory iPhone commercial to YouTube, and it’s just about the opposite of the ridiculous robot-themed campaigns it’s been running to promote Android phones.
The Android ads were dark and scary, with evil-looking machines poking at touchscreens Read More
Everyone knew that Verizon would find some way to differentiate itself from AT&T when it began offering the iPhone today.
But few expected the announcement that the Verizon iPhone would support tethering, acting as a mobile hotspot for up to five other devices.
For AT&T users, who have trouble getting a reliable phone signal for Read More
The iPhone will finally sever its exclusive relationship with AT&T today when it debuts on Verizon.
These two telco giants share the same mother, Ma Bell that is, but apparently broadband runs thicker than blood. Jenna Wortham breaks it down for The New York Times:
“I’m not sure iPhone users are ready for Read More
Looks like we owe the idiot rumormongers an apology.
The Verizon iPhone that people have speculated about since September 2008 is really coming true.
Really! This time there is really, definitely going to be a Verizon iPhone, like, for sure!
Verizon has a press event tomorrow at Lincoln Center. ”Join us Read More
The new rules adopted by the FCC today are supposed to protect what has become the central tenet of the web, network neutrality. It’s a compromise, said FCC Chairman Julius Genachowski, designed to encourage companies to invest in broadband infrastructure, while preventing them from favoring one website or service over another.
But the Read More