Verizon Comms Stock Price, News & Analysis

The Women’s CoLab 2022 Fall Summit will take place on September 22, 2022, featuring keynote speaker Suzy Batiz alongside top female leaders from Etsy, JPMorgan Chase & Co., and more. This hybrid event aims to inspire women in their careers with insights and resources for professional growth. Notable speakers include Luminary CEO Cate Luzio and Verizon's Krista Bourne. The summit, held in New York City, is accessible to virtual attendees via Zoom. Women’s CoLab, founded by Verizon, offers resources and support to help women thrive in the workforce.

Verizon has partnered with local artist Mariell Guzman to create a mural at 701 Galveston Ave, Fort Worth, as part of its #ACallForKindness campaign. This initiative aims to promote kindness through public art, with Guzman highlighting its role in community empowerment. Verizon has already completed over 30 murals nationwide and encourages community involvement through kindness pledges and sharing acts of kindness online. The campaign, launched in October 2020, seeks to inspire positive change and foster a culture of kindness across various cities.

Hans Vestberg, Chairman and CEO of Verizon, will address the Goldman Sachs Communacopia + Technology Conference on September 14, 2022, at 12:15 p.m. ET. His speech will be available via webcast on Verizon's Investor Relations site.

Verizon, a leading global provider in technology and communications, reported revenues of $133.6 billion in 2021. The company, founded on June 30, 2000, offers various services, including data, video, and voice, ensuring reliable connectivity and security for its customers.

Verizon's fiber network has reached nearly 48% of its cell sites, with a goal of 50% by year-end 2022. This deployment enhances reliability, performance, and agility for customers. The fiber infrastructure supports essential services like 4G LTE and 5G, facilitating ultra-fast data transfer needed for modern demands. Verizon is upgrading its core network to manage 115 Tbps, with future scalability to 230 Tbps, significantly increasing capacity to support customers' growing bandwidth needs.

Verizon Leads VRAN Innovation

Verizon has deployed over 8,000 virtualized cell sites, aiming for 20,000 by 2025. This VRAN technology enhances network flexibility, scalability, and cost efficiency. Key advancements include a quadrupled packet core network capacity and deployment of 100 MHz of C-band spectrum. Verizon also focuses on Mobile Edge Computing (MEC) to reduce latency and improve service response times. These developments position Verizon to meet diverse customer needs in an evolving 5G landscape.

Verizon's Latest Spectrum Development has shown impressive results in lab trials, utilizing 200 MHz of C-band spectrum to enhance 5G speeds and performance significantly. This expansion increases the spectrum available for 5G Ultra Wideband over threefold in numerous markets. With a robust spectrum portfolio of 2,035 MHz, including low, mid, and high-band spectrums, Verizon aims to deliver exceptional service to 250 million customers. The strategic network build ensures efficient use of these resources, providing customers with faster and more reliable services.

Verizon has launched its innovative 5G Edge Accelerated Access solution to enhance safety and guest experiences at venues. This opt-in service uses video analytics, facial authentication, and ticket scanning to streamline entry and reduce congestion, reducing costs simultaneously. Part of Verizon's broader investment in over 75 public venues, this solution aims to improve access control and VIP management, ultimately enhancing operational efficiency. With a revenue of $133.6 billion in 2021, Verizon continues to strengthen its position as a leader in technology and communications.