Subject: [NEXTEL-1] Verizon Wireless To Launch Walkie-Talkie Svc Thurs-Report

From: [email-masked]
Date: Wed, 13 Aug 2003 18:15:27 -0400

Dow Jones Business News
Verizon Wireless To Launch Walkie-Talkie Svc Thurs-Report
Wednesday August 13, 5:16 pm ET
By Christine Nuzum, Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Verizon Wireless, the nation's largest wireless carrier, is
expected on Thursday to launch a phone with walkie-talkie functions to compete
with
Nextel Communications Inc.'s popular Direct Connect service, a trade publication
reported Wednesday.

Verizon Wireless will initially sell
handsets made by Motorola Corp.
for the service, but will introduce
ones made by South Korea's
Samsung Corp. shortly afterward,
RCR Wireless News reported. The
article listed the handset price at $
150 to $330, depending on the
length of the contract. Verizon
Wireless is a joint venture between
Verizon Communications and
Vodafone PLC (NYSE:VOD - News) .

Officials from Verizon Wireless,
Motorola and Samsung weren't
immediately available for comment.

Verizon Wireless' initial rollout of the
service will be nationwide, RCR said.

Nextel doesn't break out how much revenue Direct Connect brings, but more than 90%

of the company's 11.7 million customers use the service every month, said
spokeswoman Audrey Schaefer.

Verizon Wireless sued Nextel in June, charging the rival improperly acquired
prototypes
of its walkie-talkie phone and gained unauthorized access to its network.

http://biz.yahoo.com/djus/030813/1716001202_2.html

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