Verizon Wireless engaged in a scam in New York that made its parent company, Verizon Communications Inc., appear more profitable than it actually was, a lawsuit alleges.
The mobile-phone company worked with subagents of a retailer in New York to activate inexpensive prepaid phones for six months for the purpose of increasing activation numbers, and some of the phones were never even given to customers, the New York Post reported, citing a lawsuit filed by ZCom. ZCom reportedly operates 120 stores in the New York City area and subleases 90 of them.
ZCom, which is seeking more than $1 billion in damages, claims Verizon Wireless participated in the scam with some of the sub-lessors.
Verizon and ZCom are battling each other in separate lawsuits, and Verizon Wireless has accused ZCom of prepaid fraud and terminated its license to sell its products effective Jan. 31, the Post reported.
A Verizon Wireless spokesperson declined to comment to the newspaper on the latest lawsuit.
RT @ChannelFutures: TUNE IN NOW to find out if you made the 2019 #MSP501 list >> bit.ly/2MU562r https://t.co/mHuXZxxSSd
June 18 2019 @ 18:09:03 UTC
Learn the four key takeaways for your business when migrating to #Office365 including communication planning and em… twitter.com/i/web/status/1…
June 18 2019 @ 16:02:24 UTC
RT @ChannelFutures: Congrats to @Avant_CCC on its latest #AVANTSpecialForces training. Good pics here from the event. #GoAVANT https://t.co…
June 17 2019 @ 20:13:01 UTC
Download this #channelpartner report to learn how to distinguish yourself as a #UCaaS provider in a crowded market-… twitter.com/i/web/status/1…
June 17 2019 @ 18:54:41 UTC
Security companies are in high demand as #Sophos #Palo #Alto & #Kaseya are featured among the vendors that gobbled… twitter.com/i/web/status/1…
June 15 2019 @ 18:25:04 UTC
It’s been a full year since we offered up a roundup of the top vendors and #channelpartner businesses in the indust… twitter.com/i/web/status/1…
June 15 2019 @ 14:30:14 UTC
The scientists and engineers behind the curtain at the biggest names in #IT and #telecommunications were tinkering… twitter.com/i/web/status/1…
June 14 2019 @ 00:00:33 UTC
.@YealinkNews, @Digium and @GrandstreamNet got top #customersatisfaction nods out of 17 VoIP phone vendors. Here's… twitter.com/i/web/status/1…
June 13 2019 @ 15:24:19 UTC
