Verizon Communications Inc. (NYSE:VZ) is breaking away from the tradition, or so it seems. The company has moved unusually fast to bring operating system update for the next-gen Moto X. The update is now available for download and installation. The so-called Android 5.0 (Lollipop) offers more than users have known with the earlier versions, according to an article by The Verge.
Users across the U.S. on Verizon network can take advantage of the OS update for 2014 Moto X. The company said that Android OS goes beyond tablets and smartphones. It also allows connection on other devices such as cars, televisions and wearables. With Android 5.0, users can enjoy functionally that is similar to that of Nexus 6 from Google Inc (NASDAQ:GOOGL). However, there are also additional features such as Moto Assist, Moto Display, Moto Voice and Moto Actions. There is also Motorola Connect.
The almost timely rollout of Android 5.0 for 2014 Moto X by Verizon Communications Inc. (NYSE:VZ) signals a company making responsive changes in its system. It is understandable why Verizon would want to become more responsible, especially with regards to rolling out of software updates. The telecommunications company is facing competition, and it is a good move to be play into the hands of the customers.
For the U.S. carriers, service quality is prized. That explains the widespread network upgrade and strategic deals in the network front. Competitive pricing of devices and services is also another battle front. From AT&T Inc. (NYSE:T) to Sprint Corporation (NYSE:S) and T-Mobile US Inc (NYSE:TMUS), no effort is spared in attracting and retaining subscribers. T-Mobile has particularly shown uncharacteristic strength in wireless subscriber acquisition in the recent quarter.
The stock of Verizon Communications Inc. (NYSE:VZ) was recently downgraded at Citigroup Inc (NYSE:C). The rating firm cut the stock to “Neutral” from a higher rating in the previous note. However, many other analysts covering the stock of Verizon are bullish on its prospects.