AT&T reportedly eyeing post-merger Verizon Wireless assets

As you may recall, one of the requirements that Verizon had to agree with in order to complete its little acquisition of Alltel was that it must offload some $3 billion in wireless assets to avoid becoming too monolithic, and it looks like there's already a number of bidders angling for a piece of the action. The biggest of those, by far, is AT&T, which is apparently looking to pick up as big a chunk of the assets as it is able to and, according to The Wall Street Journal, it's in a good position to do just that. Other interested parties reportedly include a joint bid from the Carlyle Group and Kohlberg Kravis & Roberts & Co, a separate bid from Providence Equity Partners LLC, and at least one unnamed cable provider. Any of those bids, however, would still be subject to approval by the Department of Justice, with AT&T sure to draw the most scrutiny of the lot.

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Vodafone reports 14 percent rise in revenue

Things may not be entirely awesome for most operators these days, but at least Vodafone's making some cash in this cash-strapped market. according to its most recent quarterly results, the outfit has notched a 14 percent increase in revenue, which was helped by the weak pound and exceptional sales in India. More specifically, it realized sales of ?10.47 billion ($14.9 billion) compared to ?9.16 billion ($13.06 billion) a year prior. Also of note, Voda was thanking data revenue profusely, as said category rose over 25 percent on an organic basis. Nevertheless, the good news prompted it to raise its expectations for the next quarter, which ain't happening too often these days. All the minutiae is parked in the read link.

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Verizon axing Test Drive, making New Every Two program less awesome

Verizon Wireless certainly isn't planning a romantic weekend with its customers this Valentine's Day, as it's completely nixing its Test Drive program and slashing benefits on its New Every Two initiative. Or, it will if documents rounded up by Boy Genius Report prove accurate. Currently, prospective subscribers who'd like to test out Verizon's network for a month without worrying over usage fees can do so; after February 15th, they can kiss that option goodbye, as anyone who signs up and ports out within a month will have to pay for their wireless access and usage charges during that window. On the same day, a few changes in the NE2 program will also go into effect, and while we'll point you to the read link for all the details, here's the skinny: the discounts you once got are being lessened. Awesome.