While AT&T has moved aggressively into the connected car market, wireless rival Verizon has largely trailed in the space. But a recent agreement to acquire Telogis, a Southern California-based developer of telematics and fleet-logistics systems used by major automakers such as Ford and General Motors, could help Verizon gain ground in connected cars by significantly expanding the company’s footpri
Verizon Communications said it will buy GPS vehicle tracking company Fleetmatics Group for about $2.4 billion in cash to expand into the connected vehicle and fleet management market. Verizon, the No. 1 U.S wireless company, (VZ) will pay $60 per Fleetmatics share, a premium of about 40% to Friday’s close. The deal is expected to close in the fourth quarter of 2016. Fleetmatics, which has its Nort
(Reuters) - Verizon Communications Inc VZ.N was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's YHOO.O core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said. A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain in this February 24, 2016 file photo. REUTERS/Albert Gea/Fi
WASHINGTON (Reuters) - Verizon Communications Inc VZ.N will pay a $1.35 million fine and agreed to a three-year consent decree after the Federal Communications Commission said on Monday it found the company's wireless unit violated the privacy of its users. Verizon Wireless agreed to get consumer consent before sending data about “supercookies” from its more than 100 million users, under a settlem
Cisco and Ericsson showed some progress on what the two companies have been working on since the two signed a blockbuster partnership in November. The two corporations said on Monday during the Mobile World Congress event in Barcelona that they are teaming up with chip giant Intel (INTC) and wireless service provider Verizon (VZ) to build and demo a 5G router. Details about the new router were sca
Jeff Schweitzer was in Camp Shelby, Miss., days after Hurricane Katrina struck New Orleans and the U.S. Gulf coast in 2005. At the time he was an interoperability architect with the U.S. Army’s CIO/G-6 team, and was working to set up a communications hub at Camp Shelby to manage the emergency response. “We had 54 agencies that responded to that event—and it was obviously an utter disaster,” Schwei
An advertisement for Verizon is seen at Times Square in New York, May 12, 2015. REUTERS/Shannon Stapleton (Reuters) - Verizon Communications Inc's VZ.N chief financial officer Fran Shammo, said the No. 1 U.S. wireless carrier could look at buying Yahoo Inc's YHOO.O core business, which includes Mail, its news and sports sites and advertising technology, if it is a good fit. “If we see there is a s
If you desperately want a connected car but can’t afford to shell out for the latest model, Verizon has a solution that can turn your dumb car into a smart one. Verizon on Wednesday released the Hum, a gadget and service than can turn older cars into Internet-connected vehicles. The Hum offers vehicle tracking, repair notifications and Bluetooth-to-smartphone connectivity, among other features. He
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