Verizon Comms Stock Price, News & Analysis

On July 14, 2022, Maggie Hallbach, Senior VP of Verizon Public Sector, was appointed to the Board of Directors for the Northern Virginia Technology Council (NVTC). She leads Verizon's initiatives for federal, state, and local partnerships focused on innovative technology solutions, including Verizon Frontline for first responders. Hallbach aims to enhance NVTC's strategy to bolster the tech industry and job access in the region. Holding an MBA from the University of Maryland, she has over 20 years of experience in technology and government.

Verizon has launched the Welcome Unlimited plan, offering unlimited talk, text, and data for just $30 per line per month for four lines with Auto Pay. Additionally, customers can receive a $240 e-gift card per line when activating their own 4G LTE or 5G phone, totaling up to $960 for a family of four. This plan aims to attract more customers amidst rising budget concerns, as 86% of Americans are worried about increasing expenses. The announcement aligns with Verizon's ongoing innovations in 5G connectivity and expands its consumer offerings.

Women's CoLab is enhancing its support for women in the workforce through the launch of CoLab Conversations, a series of interactive learning sessions featuring renowned female entrepreneurs and career coaches. The initiative aims to empower women, particularly as they navigate challenges following the pandemic. Participants can expect actionable insights on career development and investment in personal growth. Notable speakers include Jaclyn Johnson and Cloé Caron. For more details, visit WeAreWomensCoLab.com.

Verizon Innovative Learning is rebranding and expanding its free project-based enrichment program to Verizon Innovative Learning STEM Achievers, aimed at middle school students in under-resourced communities. The program focuses on emerging technologies and offers hands-on experiences across four educational tracks, including artificial intelligence. It collaborates with 44 colleges nationwide, supporting 10 million youths in digital skills training by 2030 through its Citizen Verizon initiative. The program enhances learning and mentorship opportunities for students.

Verizon has announced a significant investment to enhance connectivity across approximately 80 Bureau of Indian Education (BIE) schools on 64 reservations in 13 states. This initiative aims to provide reliable, high-speed internet and connected devices for thousands of Native American students. The upgrades include transitioning from legacy T1.5 lines to 1Gb connections, improving the overall educational experience. Students are expected to benefit from this improved bandwidth by fall 2022, with the project continuing through 2023.

Verizon received a Sheriff’s Commendation from the Boulder County Sheriff’s Office for its support during the December 2021 Marshall Fire. The Verizon Frontline Response Team provided essential voice and data solutions to public safety agencies, enhancing communications during and after the fire, which damaged over 1,000 homes and burned 6,000 acres. Their support included the deployment of various technologies at no cost, alongside rapid restoration efforts in challenging weather conditions. Verizon remains committed to supporting first responders across the nation.

Verizon Business announced that BlueJeans by Verizon has been named a Top Provider for meeting applications by Metrigy. This recognition reflects BlueJeans’ ability to deliver secure video collaboration experiences for hybrid work. Customers of BlueJeans reported significant benefits, including a 48% increase in revenue, 51% cost savings, and a 41% improvement in productivity. The MetriStar awards were based on customer ratings and measurable business success metrics.

McGraw Hill and Verizon launched the McGraw Hill AR app, enhancing K-12 education through augmented reality (AR) technology. Available free on Apple and Android devices, the app includes standards-aligned lesson plans for teachers, aimed at boosting student engagement and learning retention. Initial activities focus on algebra and geometry for grades 6-12, with 10 math-centric activities planned for fall 2022. The initiative supports educational equity and aims to address post-pandemic learning losses, reflecting a commitment to innovation in education.