Verizon Wireless(s vz)(s vod) is going after the Latino market through a new venture called Viva Movil and it’s getting a little bit of help from Jennifer Lopez. The new venture, owned by Lopez, retail chain Moorehead Communications and mobile supply chain manager Brightstar, will have its own physical and online stores, but the devices and service plans all will be Verizon’s.
Speaking at a Verizon press conference at CTIA Wireless, Lopez said that there are 52 million Latinos in the U.S. with a combined purchasing power of $1.2 trillion annually, presenting a huge opportunity for a premium mobile service. “As modern Latinos, we do things differently, including how we shop for mobile devices,” said Lopez, who is assuming the role of Viva’s chief creative officer.
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