Verizon Confirms Tiered Pricing, Announces Lower Profits

Verizon confirmed during its third-quarter earnings call that it will offer tiered pricing, which along with the arrival of the iPhone could help the carrier bounce back. - Verizon Wireless saw third-quarter profits fall 25 percent and revenue drop
almost 3 percent, in large part due to personnel issues surrounding layoffs and
employee departures. However, company officials could see some help in the near
future in the form of an expanded 4G network, a tiered-pricin...

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