Verizon Slashes Wireless Costs
Verizon Wireless, which is owned by Verizon, the largest landline carrier in the United States, and Vodafone, one of the world’s largest wireless carriers, is cutting the price of its evolution-data optimized (EV-DO) service by 25 percent.
EV-DO is a wireless communications technology that provides speeds of between 300 and 600 Mbps, or 10 times the speed of dial-up. EV-DO can work with cell phones, but it requires wireless providers to reserve large swatches of expensive wireless spectrum for data at a time when they are still having problems reliably accommodating the demand for voice.
