Verizon Comms Stock Price, News & Analysis

Verizon has deployed its Frontline Response Team to assist first responders in New Mexico and Arizona amid ongoing wildfires, including the Calf Canyon and Hermits Peak fires. Over 200 Verizon Frontline solutions, including phones and routers, have been provided to enhance communication for firefighting efforts, covering more than 170,000 acres in New Mexico and nearly 30,000 acres in Arizona. This support, offered at no cost to local agencies, underscores Verizon's commitment to public safety and innovation in emergency communications.

Verizon showcased its advanced 5G Ultra Wideband network during the Formula 1 Crypto.com Miami Grand Prix, providing customers with enhanced mobile experiences. Attendees enjoyed peak download speeds of 2.8 Gbps and an average of over 1 Gbps. Over the event's first two days, users consumed 30 TB of data. Verizon's network team ensured reliable connectivity for fans and safety personnel. With a footprint in over 1700 cities, Verizon's commitment to delivering high-speed connectivity is evident as it continues to enhance event experiences.

Verizon has launched a promotional offer allowing new and existing customers to get an iPhone 13 or up to $800 towards a new 5G phone with select trade-in and 5G Unlimited plans. This initiative is in response to rising living costs, aiming to provide customers with better value amidst financial strain. The best 5G Unlimited plans offer up to $90/month in included value, featuring popular entertainment services like Disney+ and Hulu. Additionally, 5G Home Internet is available starting at just $25/month.

Verizon Business has been reselected by Bertelsmann to enhance its global network infrastructure through a Network-as-a-Service (NaaS) solution. This partnership aims to implement a managed Software Defined-WAN (SD-WAN) network across Bertelsmann's operations in the Americas and its subsidiaries in APAC and EMEA. Verizon's proven track record and focus on security and reliability were pivotal in this decision. Bertelsmann, a leading media and services company, operates in around 50 countries with revenues of €17.3 billion.

Verizon is enhancing the Formula 1 Crypto.com Miami Grand Prix experience with its 5G Ultra Wideband technology. The event, taking place May 6-8, 2022, at the Hard Rock Stadium, expects 80,000 fans daily. Attendees can enjoy features like 5G Multi-View, allowing up to 7 unique camera angles, and the Hard Rock Beach Club Ultra Pass, offering augmented reality interactions. The Hard Rock Stadium Express Shop facilitates autonomous shopping powered by Verizon’s technology, enabling faster purchases at the venue. Verizon’s 5G infrastructure supports high-speed connectivity for seamless event engagement.

Verizon has announced a significant expansion of its adfellows paid fellowship program, aiming to increase opportunities for diverse talent from 30 to 250 fellows annually by 2026. This initiative addresses the diversity gap in advertising and marketing, backed by industry partners like IPG, Publicis Groupe, and Accenture. New partners including Disney Ad Sales and CVS Health join the program, which will also expand to Chicago. With a 98% placement rate in full-time positions, the program enhances career acceleration for participants, funded to alleviate financial barriers.

Verizon Business has partnered with the New York Islanders to enhance fan engagement through technology. The BlueJeans Meetings integration allows fans to connect via video during games, providing a more immersive HOMEICE Experience. This initiative leverages Verizon’s 5G network, enhancing in-arena interaction for fans worldwide. Scheduled to launch on April 28, 2022, the feature aims to foster community among the Islanders' global fanbase, offering chat, trivia, and prize opportunities. With a revenue of $133.6 billion in 2021, Verizon continues to innovate in the sports engagement sector.

Verizon is preparing for the 2022 hurricane season with extensive training and resources to ensure communication continuity for communities and first responders. The company has been performing emergency drills, testing network readiness, and securing backup systems. Verizon Frontline is set to support emergency responders with portable cellular infrastructure and communication tools. The company emphasizes its commitment to reliability, with 100% of macro cell sites equipped with battery backup. In 2021, the Verizon Frontline Response Team supported 84 deployments across 13 states, readying the network for potential storm impacts.