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The Justice Department is probing Verizon Wireless' multi-billion dollar deal to buy wireless airwaves from cable operators and let them resell its mobile service, the department said on Tuesday.

Besides being $100 cheaper than Verizon's flagship devices, there are nine other reasons Droid Bionic is a great holiday gift. Bionic has a 4.3-inch qHD display, an eight megapixel camera, up to 10 hours of talk time and 16 gigabytes of on-board storage.

The much-awaited Android 4.0 Ice Cream Sandwich smartphone, the Samsung Galaxy Nexus, is finally in Verizon Wireless stores and available online for $299.99 with a two-year contract. The smartphone battle can only get more intense, with the LG Nitro HD and the Galaxy Nexus squaring off against each other.

Cox Communications announced Friday it has entered into an agreement to sell its Advanced Wireless Service spectrum licenses to Verizon Wireless for $315 million. In addition, the two companies will also have the opportunity to sell each other's products and services through respective company sales channels.

There's still nothing official spinning in the Galaxy Nexus rumor Mill, but Verizon has launched a simulator on their Website that takes an in-depth look at the phone's features, which suggests the carrier is gearing up for an official release.

Motorola's Droid Bionic is one of the most expensive smartphones out there, but you probably already knew that, so here are ten other important things to know about the Android powered device. Bionic costs $200, but it's packed with must-have features like compatibility with Verizon's 4G LTE high speed network.

The highly anticipated Samsung Galaxy Nexus, the first smartphone to be launched with the new Android 4.0 operating system, also called Ice Cream Sandwich, has been released overseas and is rumored to be available in stores in the U.S. on Dec. 15.

It seems the long hard wait for the Verizon Galaxy Nexus is drawing to a close. Verizon continues to hold its silence, but the phone has already surfaced in some Best Buy stores and the next stop appears to be Costco on Dec.15, according to the stores internal pricing guides.

The New York-based telecommunications company must pay up to $11 million a month in royalties to ActiveVideo for providing video-on-demand service found to violate patents, U.S. District Court Judge Raymond Jackson ruled last month in Norfolk, Va.

Samsung Galaxy Nexus is yet to hit U.S. shores officially but some lucky Android fans seem to have already acquired the highly anticipated Ice Cream Sandwich-powered smartphone from Best Buy and Verizon retail stores over the weekend.

Verizon has apologized for sending out a text message that alarmed New Jersey residents.

Netflix shares are up strongly on speculation that Verizon Communications Inc. (NYSE: VZ) might buy the company to enter the streaming video business.

It appears some Best Buy stores didn't get the memo from Verizon to delay the launch of the Galaxy Nexus, as some customers have already purchased the phone and are flaunting their units on the Web.

Let's face it, until Verizon makes an official announcement, there is no real way of knowing when the Galaxy Nexus will arrive in the United States. There has already been four rumored release dates, and all have been a no-show.

The Verizon Wireless launch of the Samsung Galaxy Nexus, the newest Google Android phone, is expected on Dec. 15, but it may be a letdown for some eager to buy the phone as its only official carrier in the United States has said that it will not support Google Wallet.

The eagerly anticipated Samsung Galaxy Nexus should be on sale, on Verizon's networks in the U.S., soon. However, the precise release date has yet to be confirmed. According to rumors, this could either be Dec. 13 or Dec. 15.

Kindle Fire is the new darling of the technology world because it is virtually the only device that has been able to carve out a space in the tablet world next to the iPad. That means other devices could potentially do the same, but at what cost? Will people only buy a non iPad tablet if it costs $200 or less? Motorola doesn't think so.

Shares of Coinstar Inc jumped 11 percent after media reports that the kiosk maker's Redbox rental service is partnering with Verizon Communications for a new online streaming service.

The Galaxy Nexus has finally reached the northern hemisphere debuting in Canada, but for Verizon hopefuls in the U.S., the wait continues.

Verizon Wireless blamed technical problems for an outage on its recently launched high-speed, 4G network, which prevented some U.S. customers from accessing the Internet for about 24 hours.

Verizon Wireless suffered outages across the U.S. on its recently launched high-speed 4G network that have prevented some customers from accessing any Internet data.

The U.S. Call Center Worker and Consumer Protection Act, sponsored by Reps. Tim Bishop (D-NY) and Dave McKinley (R-WV), would prohibit federal grants or loans to U.S. based companies who move call center jobs outside of the country following enactment of the legislation.

Verizon Wireless suffered outages across the United States on its recently launched high-speed 4G network that have prevented some customers from accessing any Internet data.

The top pre-market NASDAQ stock market gainers are: Clearwire, First Solar, Marvell Technology Group, Randgold Resources and Yahoo. The top pre-market NASDAQ sock market losers are: Vera Bradley, First Niagara Financial Group, Wynn Resorts, EZchip Semiconductor and Vodafone Group.

Verizon Communications Inc plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix Inc and the traditional cable TV business, according to several people briefed on the plan.

Wireless service provider Verizon Wireless said it was not blocking Google Inc's payments app, Google Wallet, on its latest smartphone, and said it was still in talks with Google about the service.

Wireless service provider Verizon Wireless will not include Google Inc's payments app Google Wallet on its latest smartphone Galaxy Nexus this month.

Charter Communications CEO Michael Lovett said the St. Louis-based cable company may be interested in forging an agreement with Verizon Wireless, according to Bloomberg. No other details were released regarding the plan.

Verizon will sell the Google branded Galaxy Nexus for $300 with a new two year contract, but the Google Wallet function will not be enabled because it competes with a Verizon system that does the same thing. Verizon is involved with a Google Wallet like function called Isis, and it uses the same near field communication technology that Google Wallet uses. So much for the pure Google experience.