AMZN Amazon.com Inc

By Will Feuer

Verizon Communications said it isn't in negotiations for the resale of its wireless services by Amazon.Com.

"Verizon is not in negotiations with Amazon regarding the resale of" its wireless network, spokesman Rich Young said. "Our company is always open to new and potential opportunities, but we have nothing to report at this time."

Bloomberg reported earlier Friday that Amazon is negotiating with Verizon Communications, T-Mobile and Dish Network to get the lowest possible wholesale prices to offer Prime members wireless plans for $10 a month or possibly for free.

Amazon's talks with cellular carriers have been going on for six to eight weeks and have also included AT&T at times, Bloomberg said, but the mobile service plans may take several more months to launch and could be scrapped.

"We are always exploring adding even more benefits for Prime members, but don't have plans to add wireless at this time," Amazon spokesman Bradley Mattinger said.

Representatives for AT&T declined to comment.

T-Mobile said it is "not in discussions about inclusion of our wireless in Prime service, and Amazon has told us they have no plans to add wireless service."

Write to Will Feuer at Will.Feuer@wsj.com

(END) Dow Jones Newswires

June 02, 2023 12:31 ET (16:31 GMT)

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