9/30/2009 - Verizon Wireless (NYSE:VZ) said that it has stopped selling its Hub home phone product. The company introduced the product earlier this year in hopes that it could bridge wireless and wireline networks and said that it would add an application store to the product to help broaden its appeal, according to a FierceWireless article. The device offered connectivity through any broadband connection and provided unlimited VoIP calling for $35 per month. The Hub cost $199 after a $50 mail-in rebate with a two-year agreement, and cordless phones went for $79.99 each. The device had other widgets, a calendar system and even provided traffic updates. Customers were also able to access VZ Navigator, Chaperone and VCast entertainment content. A spokeswoman for the company, Debi Lewis told FierceWireless, "Verizon Wireless, like many companies, continually changes and updates the products and services it offers to customers. Our sales teams will continue to focus on providing our customers the latest and most innovative wireless products and services. It's important to note Verizon Wireless will continue to support existing Verizon Hub customers with post-sale service and support."

Contact Chip Brian

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html