8/12/2023 0 Comments Verizon push to talk nextel![]() In addition, Johnstone said that Nextel has yet to upgrade its network to enable faster transmission of data. Though debt is down from a year ago, it's still high at $12 billion. Of course, Nextel has the strength of having been alone in this niche for years, and Verizon and others likely will target consumers rather than go after Nextel's business base, said David Chamberlain, an analyst with telecom research firm Probe Group.īut there are other problems. Recognizing the threat, Nextel announced on Friday that it had received trademark approval for the term Push To Talk and its abbreviation PTT.īut Drake Johnstone, who follows Nextel for Davenport & Co and has a "sell" rating on the company, said that the trademark won't help much, and that competitors simply will come up with another name. AT&T Wireless and Sprint PCS have similar plans. Verizon Wireless is set to launch its own two-way radio service soon. The phones feature a two-way radio service that allows users to simply push a button on the side of the phone which enables them to instantly talk to other Nextel users that have the Direct Connect service. ![]() ![]() Nextel has been unique in the wireless world, but that won't be the case for much longer. But that run-up doesn't factor in the risks Nextel faces. What's more, the average monthly revenue per user (ARPU) for Nextel customers in the first quarter was $65, well above average.Īs a result, shares of Nextel ( NXTL: Research, Estimates) have surged 53 percent since March 11 and recently hit a 2-year high. Nextel's unique Direct Connect feature has helped the company add subscribers at a time when competitors have struggled. You've heard people with them in elevators carrying on loud conversations. You've seen the commercials with Dennis Franz. Sign up for the Tech Investor e-mail newsletter But other firms are getting ready to sell walkie-talkies soon.īy Paul R. It seeks an injunction barring Nextel from using or disclosing the information it accessed, and an unspecified amount in compensation and punitive damages."Push to talk" has boosted growth. The suit accuses Nextel of violating the federal Computer Fraud and Abuse Act and Federal Communications Commission rules, as well as Virginia state laws. "We are still in the process of reviewing the filing, but we believe it is entirely without merit and we will defend Nextel vigorously." "We are therefore baffled by the claims made by Verizon Wireless in its filing," the company said. Nextel issued a statement Friday saying it is "confident that it has conducted itself properly with respect to the allegations" in the lawsuit. The tests gave the company access to Verizon Wireless secrets and trade information, the suit contends, and was improperly leaked to at least one industry analyst. District Court in Alexandria, contends that Nextel acquired two prototype push to talk handsets on June 10 and used the handsets to make hundreds of calls on the network. ![]() "Nextel's unauthorized testing of Verizon Wireless' prototype push to talk handsets and network allowed Nextel to improperly obtain valuable, confidential and proprietary business information, including but not limited to certain trade secrets belonging to Verizon Wireless," the suit states. ![]() The suit claims Nextel knew Verizon Wireless was planning to launch a similar service with nationwide reach and "embarked on a series of wrongful acts," including corporate espionage, to compete against Verizon Wireless. The dispute centers on a popular Nextel "push to talk" service _ called Nextel Direct Connect _ that allows customers to use handsets as limited-service walkie talkies. ![]()
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