Verizon Comms Stock Price, News & Analysis

Verizon Prepaid customers can now enjoy Disney+ for six months at no cost upon activating or upgrading to a Prepaid Unlimited plan. This promotional offering enhances Verizon's commitment to providing value to its customers, particularly in the prepaid sector. Disney+ features popular franchises like Marvel and Star Wars, promising exciting content set to release soon, including 'LEGO Star Wars Summer Vacation' and 'Hocus Pocus 2'. Additionally, Verizon offers competitive pricing with unlimited calls, texting, and loyalty discounts for long-term customers.

Verizon and Ericsson will demonstrate innovative 5G technologies in sports and entertainment at State Farm Arena on July 27, 2022. The event aims to showcase practical applications of 5G Ultra Wideband and Mobile Edge Compute, featuring dynamic demos and success stories from industry leaders. Attendees, including executives from the Atlanta Hawks and Ericsson, will explore various 5G-driven solutions such as facial recognition and crowd analytics. This series promotes digital transformation for businesses, ensuring they harness the power of Verizon's network for future success.

Verizon Business announced updates to BlueJeans Meetings aimed at enhancing hybrid collaboration and inclusivity. Key features include Weather Person Mode, Auto-Camera Framing, and personalized options such as multi-language closed captioning, hiding self-view, and breakout sessions. These enhancements cater to diverse workforce dynamics, improving meeting engagement and flexibility. With strong analyst accolades in 2022, including PC Mag Editor's Choice and TrustRadius Top Rated Award, BlueJeans Meetings aims to provide a comprehensive meeting experience across mobile, desktop, and Meta Portal applications.

Verizon announced the launch of the Lenovo ThinkPad X13s, the first business-ready PC fully leveraging 5G Ultra Wideband connectivity. This ultrathin laptop, powered by the Qualcomm Snapdragon 8cx Gen 3, offers a smartphone-like experience with instant-on features and multi-day battery life. The device supports Verizon's On Site 5G private networks and provides enhanced security features through Lenovo's ThinkShield Platform. The pricing starts at $1,349.99 on a 2-year contract, aiming to empower mobile productivity for businesses.

Verizon partners with Microsoft to offer Xbox All Access starting July 28, 2022. Customers can obtain an Xbox Series S or Series X console and two years of Xbox Game Pass Ultimate for as low as $24.99 per month with 0% APR. This program provides access to hundreds of games including day one releases. Additionally, Verizon's fast 5G services enhance gameplay with ultra-low latency. Special offers on accessories are also available. This collaboration aims to strengthen Verizon's position in gaming and expand its digital service offerings.

Verizon Communications reported its Q2 2022 financial results, showing earnings per share (EPS) of $1.24, down from $1.40 in Q2 2021. Total revenue remained relatively flat at $33.8 billion, while net income declined 10.7% to $5.3 billion. Wireless service revenue increased by 9.1% year over year to $18.4 billion, but total operating revenue was impacted by declines in wireline services. The company adjusted its full-year guidance, expecting EPS of $5.10 to $5.25.

Verizon Frontline will honor first responders with ceremonial laps at two NASCAR Cup Series™ races: the Pocono Raceway on July 24 and the Indianapolis Motor Speedway on July 31. A fleet of public safety vehicles will participate, showcasing Verizon Frontline's commitment to critical communications. The event aligns with Pocono Raceway’s ethos of honoring military and emergency personnel. Additionally, fans will witness the debut of a new Verizon Frontline paint scheme on Team Penske’s No. 22 Ford Mustang, driven by Joey Logano, emphasizing the partnership with the public safety community.

Verizon announces significant savings for back-to-school shoppers, offering up to $800 off on 5G phones with select trade-ins and plans, plus an additional $200 for new customers switching to the network. Customers can also save up to 50% on accessories such as earbuds and chargers. Special discounts of up to $25/month are available for teachers and students on 5G Unlimited plans, along with a $19.99/month offer for 5G Home Internet. This initiative highlights Verizon's commitment to providing affordable technology solutions in a challenging economic environment.