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.
Verizon and Ericsson will showcase 5G innovations at the Footprint Center on December 6. The event features executives from major companies including Amazon Web Services and Ticketmaster, demonstrating various 5G applications like real-time container tracking and crowd analytics. Verizon's focus is to highlight how 5G technology can enhance productivity and innovation across industries. Moreover, Verizon has expanded its 5G Ultra Wideband deployment in Phoenix, improving connectivity for customers and public safety agencies.
Verizon Small Business Digital Ready has launched a program aimed at supporting Hispanic-owned small businesses by providing access to Spanish language resources. This initiative includes online courses, expert coaching, and personalized mentorship.
Eligible businesses can apply for a $10,000 grant from a total fund of $250,000, with a deadline of January 13, 2023, for applications. By 2030, Verizon aims to assist 1 million small businesses in thriving within the digital economy. Special discounts are also available for Business Internet customers until December 9, 2022.
Verizon Business announced a global partnership with Wipro Limited to enhance network modernization and cloud transformation through a Network-as-a-Service (NaaS) model. This collaboration aims to shift customers from traditional hardware dependency to an automated, flexible network service. An IDC survey indicated that 69% of technology decision-makers plan to invest in network transformation within the next year. Verizon's expertise is highlighted as a leader in network services, while Wipro aims to deliver operational efficiencies and agility through this innovative offering.
Verizon hosted its 2022 Partner Advisory Council (PAC) meeting in Basking Ridge, N.J., focusing on strategic planning and program evolution for 2023. The event brought together various channel partners, emphasizing collaboration to enhance service delivery. Attendees toured the Verizon 5G Boston Innovation Center and participated in volunteer activities for Operation Gratitude. Verizon's channel program received a 5-star rating from CRN in 2022, underscoring its industry leadership. In 2021, Verizon generated revenues of $133.6 billion, positioning itself as a top technology and communications service provider.
Verizon announces exclusive Black Friday offers on Apple products, including the iPhone 14 Pro, Apple Watch SE, iPad, and Beats Fit Pro, available for a limited time. New customers can receive the iPhone 14 Pro for free with trade-in and a qualifying 5G Unlimited plan. Existing customers may save up to $800 with similar trade-in options. Additionally, the One Unlimited for iPhone plan offers Apple One services, including Apple Music and Apple TV+, for up to six family members. Discounts on accessories are also available, emphasizing Verizon's commitment to delivering value.
Verizon is spreading holiday cheer with a promotional offer of a free 5G phone and additional gifts like tablets and smartwatches for customers on select plans. The initiative is celebrated in a new Spanish-language commercial featuring Cristo Fernández during the Latin GRAMMYs. Verizon also aims to support Hispanic small businesses by providing free online curriculum to aid their digital transformation. This commitment is part of Verizon's goal to assist 1 million small businesses by 2030, enhancing economic empowerment within the community.
Verizon Test Drive offers potential customers a chance to experience America’s Most Reliable 5G Network for free for 30 days. Users can access up to 100 GB of 4G/5G data with unlimited talk and text, using just an unlocked smartphone and eSIM. The program does not disrupt existing services and requires no commitment or credit checks. Customers can switch to Verizon at any time and explore different 5G Unlimited plans. With promotional offers, including up to $500 per line for new customers, Verizon aims to attract users from other carriers.
Verizon and Nextdoor commissioned a study by kindness.org revealing that Americans possess a kindness quotient of 86%, demonstrating significant neighborly care. Georgia ranks as the kindest state, followed by Tennessee and North Carolina. Key findings include that 94% of respondents would return lost items, and 61% would forgive a neighbor's debt. The study highlights the correlation between neighbor kindness and individual happiness. Verizon's #ACallForKindness campaign aims to inspire kind acts, reinforcing community bonds and well-being.
Verizon has enhanced its TravelPass and International Monthly Plan to improve connectivity for travelers. The TravelPass now offers 2GB of daily high-speed data at 5G speeds followed by unlimited 3G for $10 a day, providing significant data increases compared to previous offerings. The International Monthly Plan includes 20GB of high-speed 5G data for $100 a month, also with unlimited 3G after usage. Subscribers on specific plans receive one complimentary TravelPass day each month, totaling 12 days annually.
Verizon is enhancing its #ACallForKindness campaign this holiday season by distributing free groceries in over 10 cities, starting in Las Vegas. This initiative, in collaboration with local media and grocers, aims to foster community kindness. Additionally, Verizon is offering a free 5G phone with select trade-in offers and Unlimited plans. The company emphasizes value through its Home Internet service, locked in at $25/month for ten years, and premium subscription benefits. The campaign aims to provide support during the holiday season while promoting Verizon's connectivity services.