Verizon To Unlock Wireless Network
In a move likely to have far-reaching implications on the telecom business as well as wireless retail, Verizon Wireless announced Tuesday that it will open its wireless network to all eligible phones, the Wall Street Journal reported.
The move, which puts Verizon into line with how telecommunications works in Europe and elsewhere in the world, will allow consumers to buy phones from any store and then plug them into the Verizon network, provided they meet the network’s minimum standards. Among other shifts, the move may soon allow customers to keep their phone while switching from one carrier to another.
Verizon, as well as other U.S. telecom giants like AT&T, Sprint-Nextel and T-Mobile, had long resisted such a move. And since Verizon uses the CDMA standard and AT&T does not, the phones may not be compatible in the near-term. This may, however, change over time.