Welcome to our dedicated page for Verizon Comms news (Ticker: VZ), a resource for investors and traders seeking the latest updates and insights on Verizon Comms stock.
Verizon Communications Inc. (VZ) delivers cutting-edge wireless, broadband, and enterprise solutions through America's most reliable network. This news hub provides investors and industry professionals with direct access to official press releases and strategic updates from the telecommunications leader.
Track Verizon's latest 5G deployments, financial results, technology partnerships, and infrastructure investments. Our curated collection features earnings announcements, product launches, and regulatory filings – all essential for understanding the company's market position.
Key updates include network expansion initiatives, enterprise cloud solutions, and advancements in AI-driven connectivity. Bookmark this page for real-time insights into Verizon's operational developments and competitive strategies within the evolving telecom sector.
Verizon Communications has declared a quarterly dividend of 65.25 cents per share, marking a 1.25 cent increase from the previous quarter. The dividend, reflecting the company's strong financial discipline, is set to be paid on November 1, 2022, to shareholders of record as of October 7, 2022. This is the 16th consecutive year of dividend increases, showcasing Verizon's commitment to delivering long-term value. In the first half of 2022, the company paid out approximately $5.4 billion in cash dividends.
New research on COVID-19's impact reveals challenges in the digital workplace, based on a survey of 600 global executives sponsored by Verizon Business. While 71% feel more decisive, significant gaps exist in executing strategies, particularly in improving customer experience (only 38% accelerated data use). Technology priorities include cybersecurity (78%) and data analytics (75%). The survey suggests businesses need to enhance resilience, unite their workforce, and embrace innovation for future growth.
Verizon recently launched the "Fuel the Love" initiative in Overland Park, Kansas, surprising nearly 50 drivers with free gas as part of its broader #ACallForKindness campaign. This event follows similar efforts across various cities, reinforcing Verizon's commitment to kindness. In addition to providing immediate financial relief at gas pumps, Verizon promotes its Welcome Unlimited plan, offering substantial savings for new customers. The company's strong revenue of $133.6 billion in 2021 highlights its robust position in technology and communications.
Verizon has been recognized for its unmatched network performance in metro markets with over 140 Division I colleges, as reported by RootMetrics in H1 2022. With services covering more than 4 million students at over 200 colleges across states like NY, MA, FL, and TX, Verizon emphasizes the importance of reliable wireless connectivity for students and families. The company also offers student discounts on premium plans and maintains its status as the Most Reliable 5G network in the US for three consecutive years, winning awards for best overall network for 18 times in a row.
On August 31, 2022, Verizon launched its 'Fuel The Love' initiative at a RaceTrac station in Atlanta, surprising 20 customers with free gas tanks. This event, featured on 11Alive’s 'Atlanta & Company,' showcases Verizon's commitment to kindness through the #ACallForKindness campaign. Beyond Georgia, similar events occurred in cities like Dallas, Cincinnati, and Las Vegas. Verizon promotes customer value through plans like the Welcome Unlimited plan, which offers substantial savings and rewards, including a Verizon Visa Card with gas purchase rewards. Verizon generated $133.6 billion in revenues in 2021.
BlueJeans by Verizon has been recognized as a Leader in the Intelligent Video Conferencing sector for the third consecutive year by Aragon Research. The recognition highlights BlueJeans' superior quality of service, enhanced offerings like BlueJeans Telehealth, and its effective dual approach for Meetings and Events. The platform's features include sound management, voice analytics, and auto transcription. BlueJeans continues to lead the market as demand increases, reflecting its commitment to delivering interoperable and collaborative solutions.
Verizon continues to enhance its educational initiative with the launch of new immersive AR/VR content and lesson plans aimed at promoting digital equity. The program, part of Verizon Innovative Learning, expands access for K-12 educators through a free online portal. This fall, Verizon will introduce 50 new Title I schools and labs, reaching over 1.5 million students since 2012. Additionally, teachers can save up to $25 per month on 5G unlimited plans, supporting affordable access to technology for students and educators.
American Tower Corporation (NYSE: AMT) and Verizon Communications Inc. (NYSE, Nasdaq: VZ) have signed a new lease agreement aimed at enhancing Verizon's 5G network deployment across American Tower's U.S. communications sites. This multi-year partnership streamlines the leasing process, promoting mutual growth and efficiency. Steve Vondran, President of U.S. Tower Division at American Tower, highlighted the strategic importance of this agreement to support Verizon's network expansion, emphasizing their long-term collaborative relationship.
Verizon's Fuel the Love Campaign recently surprised 25 customers with free gas at a 76 Station in Sacramento, part of its broader #ACallForKindness initiative. This event aims to promote kindness while showcasing the value of being a Verizon customer. The company is offering the Welcome Unlimited plan for $960 for four lines, alongside various discounts and rewards for existing customers. Verizon generated revenues of $133.6 billion in 2021, emphasizing its position as a leading provider in technology and communications.
Verizon's Fuel the Love Campaign surprised 25 customers in Seattle with free gas as part of its #ACallForKindness initiative, which aims to spread kindness. This campaign also includes cities like Cincinnati and Dallas. Verizon promotes its services through this campaign, offering customers benefits like the Welcome Unlimited plan and rewards on gas purchases via the Verizon Visa Card. The company emphasizes the value of being a customer with additional services and savings.
Verizon generated $133.6 billion in revenue in 2021 and continues to focus on improving customer experiences.
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