3 Telecom Stocks Seeing Action: Verizon’s ‘Mobile Wallet,’ T-Mobile Hopes to Expand, Sprint Phones Reused

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Verizon Communications Inc. (NYSE:VZ): Verizon has launched its Isis Mobile Wallet nationwide, the company’s near-field communication attempt at replacing monetary transactions with a simple swipe of one’s handset. Verizon subscribers can download the Isis app from Google’s Play Store and installed on an enhanced SIM card that can be picked up at one of Verizon’s stores. According to Verizon’s release, over 20,000 retail locations would be equipped with Isis compatible payment terminals.

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