Verizon Comms Stock Price, News & Analysis

Verizon is launching summer promotions with rates starting at $35 per line for four 5G Start lines with Auto Pay. The company anticipates high travel demand, with 39.2 million expected travelers during Memorial Day weekend. Customers can receive up to $800 in value for a new 5G phone when trading in an eligible device. Verizon's plans include TravelPass for international connectivity. Additionally, users of the Verizon Visa card can earn rewards and access special travel benefits.

Verizon has expanded its partnership with AWS by adding new Wavelength Zones in Nashville, TN and Tampa, FL, enabling faster mobile edge computing capabilities. Now, 75% of the U.S. population is within 150 miles of one of 19 Wavelength Zones. This expansion facilitates the development of low-latency applications like immersive VR gaming and connected vehicles. Verizon aims to enhance consumer experiences by moving data processing closer to users. The company generated $133.6 billion in revenue in 2021, reinforcing its leadership in technology and communications services.

Verizon has expanded its +play platform by partnering with Age of Learning® and Perlego, enhancing educational content accessibility for users. Age of Learning® will offer its programs, ABCmouse and Adventure Academy, while Perlego provides unlimited access to over 1 million eBooks. This initiative aims to centralize subscriptions for entertainment and educational resources, aligning with Verizon’s strategy to accelerate 5G adoption. The +play platform, currently in trials, will be available to customers at no extra cost later this year.

Verizon has identified and blocked over 24 billion unwanted calls for its 82 million customers to date, significantly reducing the influx of spam calls and texts. The company collaborates with the Industry Traceback Group to tackle illegal robocalls, being a pioneer in automating responses and submitting foreign language scam call examples. In Q1 2022, more customers reported feeling less overwhelmed by unknown calls compared to the previous year. Verizon offers its Call Filter app at no cost to help customers manage unwanted communications.

Verizon is enhancing the fan experience at the 106th Indianapolis 500 with its 5G Ultra Wideband technology. Over 300,000 attendees can enjoy up to seven live camera angles via 5G Multi-View, allowing personalized viewing. For those at home, the 5G Ultra Pass offers an augmented reality experience, bringing them to the track. With extensive coverage in Indianapolis, 52% of Verizon's network traffic is on 5G Ultra Wideband. This innovation reinforces Verizon's commitment to providing high-quality digital experiences in sports.

The 2022 Verizon Business Data Breach Investigations Report (DBIR) reveals a significant rise in ransomware attacks, increasing by 13% from the previous year, marking the largest jump in five years. The report analyzed 23,896 security incidents, with 5,212 confirmed breaches. Organized crime plays a pivotal role, causing roughly 80% of breaches, and external actors are four times more likely to initiate breaches than internal ones. The human element is a major vulnerability, contributing to 82% of breaches. Supply chain security remains a critical concern, with 62% of system intrusion incidents stemming from partners.

Verizon's CFO, Matt Ellis, will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 24, 2022, at 9:30 a.m. ET. The event will be webcasted, with details available on Verizon's Investor Relations website. Verizon, a leading provider in technology and communications, achieved revenues of $133.6 billion in 2021, offering data, video, and voice services globally. Founded on June 30, 2000, it prioritizes mobility, reliable connectivity, and security for its customers.

Verizon is offering up to $800 in value for new or existing customers to upgrade to a 5G smartphone. Customers can obtain a new device, such as the iPhone 13, by trading in an eligible phone. This promotion emphasizes Verizon's commitment to 5G mobility while maintaining competitive pricing, with plans starting at $35 per line per month for multiple lines. The company generated $133.6 billion in revenue in 2021.

Verizon announces the launch of the moto g stylus 5G, enhancing its 5G phone portfolio. Available now for $11.11 a month on a 36-month plan, the device features a 6.8" display and a 120 Hz refresh rate, promoting high-quality gaming and streaming.

The smartphone boasts a 50 MP camera system with optical image stabilization and a built-in stylus for creativity on the go. Verizon's 5G Ultra Wideband currently covers over 1,700 cities, which supports the device's performance. With 2021 revenues of $133.6 billion, Verizon continues to lead in technology and communications services.