Verizon Wireless to cut high-speed pricing-analyst
The No. 2 U.S mobile service and the country's first to sell wireless Web links with speeds comparable to some home broadband services, will cut its $80 a month rate plan to about $60 in a bid to stay ahead of rivals such as Sprint Nextel (S.N: Quote, Profile, Research) , said American Technology Research analyst Albert Lin.
Lin said he does not expect the company to make dramatic changes to its high-speed consumer service, known as Vcast, which delivers content such as Web surfing and video downloads to phones for about $15 a month.
Sprint, the No. 3 U.S. mobile service which became Sprint Nextel this month after its ...
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