Verizon with an eye to offer a number of GPS based services by this summer launched location based navigation service. Global location based service it seems now flavor of the season especially after ABI Research findings which predicts the market will grow from mere $981 million to $8 billion in the next six years. Verizon, which is feeling the heat of the stock market recently (stock declining steadily) can hope to bring back the trust of their investors by launching VZ Navigator that marks the largest of move from wireless career like Verizon into a location based services.



In the coming weeks don’t be surprised if the second largest wireless company of USA, Verizon comes up with as innovative and niche a service like child tracking service.



Via [Redherring]