Verizon terminates 3G NetZero agreement with United Online

|By:, SA News Editor

United Online (UNTD) discloses that Verizon has terminated its 3G NetZero MVNO agreement with the company due to "Verizon's inability to secure acceptable terms from its wireless services provider."

Service agreements covering 4G WiMax and 4G LTE and 3G are unchanged. United Online has reduced its forecast of NetZero's potential user base from 300M to 200M. (8-K)