Ronan Dunne, president of Verizon Wireless, told analysts that the carrier can build out its 5G network without buying more spectrum, saying that the telecom has plenty of unlicensed frequency left to complete the job. "We have an explosion of capacity in the areas where the demand is created by the largest contiguous holding of millimeter spectrum on the planet," said Dunne.
In a survey of more than 900 adults, 58% of them expressed an interest in streaming video from a game console, and among tech fans that proportion rose to 69%, according to Verizon Communications. While 53% of all respondents said they were interested in virtual reality gameplay, 72% of tech fans were "highly interested" in VR, the company reported.
Verizon Wireless said Tuesday that it intends to let smartphone users access the Google Wallet application, though it is keeping the service off its phones for now because of security and technical concerns. The carrier denied it blocked the mobile-payment service because Google Wallet competes with Verizon-backed Isis. Verizon issued a statement detailing the technical issues, which involve integration of a data-storage chip.
HTC has teamed up with Verizon to offer the female-focused Rhyme, a $200 Android phone that will come in three shades of purple and with three accessories when it debuts Sept. 29 in the U.S. "This phone is particularly important because we're trying to attract a new type of consumer we don't typically do business with," said Jason Mackenzie, the head of HTC's global sales unit.