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. (NYSE, Nasdaq: VZ) generates a steady stream of news that spans technology, communications, sports partnerships, customer loyalty programs and financial updates. Headquartered in New York City and serving countries worldwide as well as nearly all of the Fortune 500, Verizon regularly issues announcements about its network capabilities, enterprise solutions, consumer offers and shareholder actions.
Investors and followers of VZ news will find coverage of quarterly earnings dates and related webcasts, where Verizon presents results and provides business updates. These releases often include discussions of non‑GAAP financial measures such as Consolidated EBITDA, Adjusted EBITDA, Adjusted EPS and free cash flow, along with explanations of how management uses these metrics. Dividend declarations from the Board of Directors, including details on record and payment dates, also appear in Verizon’s news flow and reflect its approach to shareholder returns.
Beyond financial information, Verizon news highlights its role in major sports and entertainment properties. As the Official 5G Network of the NFL and the Official Telecommunication Services Sponsor of FIFA World Cup 2026™, Verizon announces customer sweepstakes and ticket programs tied to events like Super Bowl LX and FIFA World Cup 2026™ matches. Programs such as Verizon Access and Verizon Ultimate Access, accessed through the My Verizon app, give customers opportunities to win game tickets, on‑field experiences and other exclusive rewards.
Verizon Business announcements showcase large-scale network and venue projects, including Wi‑Fi 6E and LAN upgrades for stadiums such as Empower Field at Mile High, and high‑capacity optical networks for media organizations like Monumental Sports & Entertainment. Other news items cover strategic collaborations, such as the Verizon AI Connect deal with Amazon Web Services (AWS) to build new long‑haul, high‑capacity fiber routes that support AI and cloud workloads.
For the consumer and prepaid segments, news from brands within the Verizon Value portfolio, such as Total Wireless, describes new device financing programs, 5G‑covered no‑contract offerings and initiatives aimed at expanding access to premium devices. Together, these stories provide a broad picture of how Verizon engages with customers, partners and investors across its wireless, broadband, enterprise and value segments. Bookmarking the VZ news feed on Stock Titan can help users follow earnings announcements, dividend decisions, major network projects and customer-focused campaigns as they are reported.
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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.
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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.
Verizon has released its 2022 Payment Security Report (PSR) alongside the PCI DSS v4.0 changes set for 2024. The report highlights a significant rise in compliance, from 27.9% in 2019 to 43.4% in 2020. However, 56.7% of organizations failed their interim assessments due to security control gaps, though the gap improved from 7.7% to 4.0%. The report emphasizes the need for organizations to adapt to increasing cybersecurity threats and the introduction of new compliance standards, advocating for a structured security strategy.
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Verizon Business has restructured its leadership team, effective August 2022, to enhance its capacity for digital transformation and meet growing demand for 5G solutions. The revised team, led by CEO Sampath Sowmyanarayan, aims to accelerate growth by leveraging existing strengths. New appointments include Aparna Khurjekar as Chief Revenue Officer for Business Markets, and Jennifer Artley as Senior Vice President for 5G Acceleration. This strategic shift is designed to strengthen Verizon's position as a market leader and ensure it effectively serves its global customer base.