Verizon Communications Inc. reports developments across its telecommunications business, including wireless service performance, broadband connectivity, enterprise services and network technology. Company updates commonly address postpaid phone activity, customer economics, cash flow, guidance, investor conference appearances and capital markets actions involving outstanding Verizon and subsidiary notes.
News also covers Verizon's network resilience and public-safety capabilities, including Digital Twin damage modeling, satellite-enabled disaster connectivity, private 5G, fixed wireless access and broadcast solutions. Partnership and sponsorship updates describe how Verizon uses 5G, fiber and venue network design to support connected experiences for customers, businesses, broadcasters and large events.
AT&T (T) reported third-quarter revenue growth as SpaceX agreed to acquire spectrum previously sold by T-Mobile for its satellite-mobile plans. SpaceX's agreement covers up to 14 megahertz of paired 800 MHz spectrum, with closing expected in the first half of 2027, subject to regulatory approval and other customary conditions. The FCC authorized 15,000 Starlink Mobile Gen2 satellites, with conditions, while deferring proposed U.S. use of the 2020-2025 MHz band.
AT&T, Verizon and T-Mobile formed a spectrum-pooling joint venture on September 14. AT&T's third-quarter revenue rose 5.3% to $32.3 billion, with 379,000 postpaid phone net additions and 769,000 Advanced Connectivity internet net additions. Total debt reached $159.6 billion. AT&T also agreed to sell its Mexico wireless business, recorded a $2.6 billion non-cash impairment and raised its 2026 adjusted earnings outlook to the $2.40-per-share range.
Verizon Communications (VZ) launched five cash tender offers to purchase outstanding notes for an aggregate purchase price of up to $500 million. The cap excludes accrued interest. Offers expire at 5:00 p.m. New York City time on November 4, 2026, unless extended or earlier terminated.
Purchases follow a priority order: the 3.000% notes due 2060, 3.700% notes due 2061, 2.650% notes due 2040, 2.100% notes due 2028 and 3.150% notes due 2030. The first three series share a $155 million purchase-price cap, excluding accrued interest. Acceptance may be prorated, and lower-priority series may not be purchased. Prices will use reference Treasury yields plus fixed spreads, with pricing scheduled for November 4. Accepted holders receive accrued interest separately. Verizon expects settlement on November 9, 2026, unless the expiration date is extended.
Verizon (VZ) launched its second annual Frontline App Developer Challenge, offering a $25,000 grand prize for a public safety mobile app concept. The nationwide competition invites developers to propose applications addressing first responders' operational needs, with submissions accepted through April 2, 2027.
A panel of public safety experts and technology leaders will select three finalists. They will present their concepts at the National Law Enforcement Museum in Washington, D.C., during the week of May 18, 2027, when the grand prize winner will be announced.
Verizon (VZ) raised its full-year 2026 outlook after third-quarter results showed higher earnings and accelerating growth in phone customers. Revenue rose 1.5% year over year to $34.3 billion, net income increased 5.2% to $5.3 billion, and earnings per share rose 6.8% to $1.25. Postpaid phone net additions reached 406,000, up more than 820.0% year over year.
Quarterly operating cash flow increased 2.2% to $11.5 billion, while free cash flow rose 12.1% to $7.8 billion. Verizon now expects 1.1 million to 1.2 million postpaid phone net additions and adjusted earnings per share of $5.04 to $5.06 for 2026. It signed an AWS agreement valued at $2.0+ billion to establish a commercial framework for distributed computing serving AI workloads. Net unsecured debt fell to $123.7 billion from $128.7 billion at the end of the second quarter.
Verizon (VZ) announced upgrades to Straight Talk’s Silver, Gold and Platinum Unlimited wireless plans without raising their monthly base prices. Silver remains $45 per month, Gold $55 and Platinum $65. All three plans add 5G Ultra Wideband access. Silver now includes 15 GB of hotspot data, a 50% increase, while Gold includes 50 GB, a 66% increase.
Customers on these plans can bundle Home Internet for $35 per month, down from its $45 monthly base price. Silver also adds unlimited international talk and text to Canada, Mexico, India and China. Gold adds unlimited international talk and text to more than 200 destinations and 10 GB of roaming in Canada and Mexico.
Verizon (VZ) and Ericsson (ERIC) completed a pre-standard 6G outdoor field call using 7 GHz spectrum at Verizon’s commercial site in Concord, California. Ericsson’s proof-of-concept equipment was deployed and test validation completed, moving the work from laboratory integration into a real-world setting.
The confirmed result was an outdoor call; the broader testing examines outdoor performance and signals passing into buildings. This remains an early demonstration before official standards are finalized, not a commercial 6G service launch. Both companies plan to continue analyzing results for future research, testing and deployment planning.
Verizon (VZ) highlighted complimentary safety tools, AI access and loyalty benefits available to customers, with eligibility varying by benefit.
Eligible customers can receive six months of Google AI Pro at no extra cost. All postpaid customers on phone and connected-device plans can opt into loyalty benefits waiving activation and upgrade fees of up to $40 per device. Verizon Dollars offers 3% back each month. Complimentary safety services include Digital Secure, Verizon Family and Call Filter; a one-month Digital Secure Premium trial is also available.
Verizon (VZ) released its annual public safety communications survey, finding daily artificial intelligence use among public safety personnel nearly tripled. Conducted by Lexipol Media Group, the sixth annual survey found daily on-the-job AI use reached nearly 32%, almost triple the 2025 level. Daily drone and robot use rose to 26% from 15% last year.
The survey also found that 56% of agencies anticipate daily AI use within three years. Over 77% of respondents identified network resilience and reliability as their primary operational requirement. Network reliability ranked above speed or raw bandwidth for daily and emergency communications.
Verizon (VZ) is staging equipment and preparing its Gulf Coast network to support communications as Tropical Storm Isaias approaches. Engineers are monitoring conditions around the clock, servicing permanent generators and topping off fuel reserves. Portable generators and mobile network equipment have been staged across North Florida, Alabama and Mississippi for deployment after the storm if needed.
Backup microwave equipment is ready to redirect traffic if fiber lines are affected. Network restoration teams are on the ground in Florida and Alabama, while Verizon’s public safety communications team is on standby. All regional macro cell sites have battery backup, and nearly all have permanent generators. Customers with compatible devices can use satellite text messaging if cellular service is interrupted. Network status updates are available through Verizon’s website and the My Verizon app.
AT&T (T), T-Mobile (TMUS), and Verizon (VZ) have entered into a joint venture agreement to expand coverage in underserved U.S. areas.
The agreement follows their May announcement of plans to pool limited spectrum resources to expand satellite coverage. The partners intend the venture to complement ground-based mobile networks, improve direct-to-device satellite access and extend connectivity to areas with limited or no traditional service. They also aim to provide backup connectivity when disasters or other disruptions make ground-based networks unavailable.
Paul Roth will serve as interim CEO while a search for a permanent CEO is underway. Existing carrier-satellite agreements will remain in place, and the partners can continue their connectivity efforts independently.