Verizon Comms Stock Price, News & Analysis

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.

Verizon announced plans to enhance Internet connectivity to approximately 80 Bureau of Indian Education (BIE) schools across 64 Indian reservations in 23 states, aiming to support 42,000 Native American students. The upgrade will transition schools from 100MB to 1 Gigabit internet connections, promoting improved educational resources. This initiative aligns with Verizon's Citizen Verizon program focused on digital equity. Infrastructure work is expected to be completed by 2023, allowing students to benefit from increased bandwidth as early as this fall.

Verizon Frontline has welcomed Sheriff Susan Benton (Ret.) to its First Responder Advisory Council (VFRAC) at the 2022 National Sheriffs’ Association conference. Benton, who made history as Florida's first elected female sheriff and has over 35 years of law enforcement experience, aims to enhance communication solutions for sheriffs nationwide. The VFRAC advises Verizon on developing services tailored for public safety, ensuring comprehensive support for first responders. Verizon is a leading provider in technology and communications, generating $133.6 billion in revenue in 2021.

Verizon has launched its new wireless home and business internet services in Madison, Wisconsin, offering residents on unlimited plans home internet for just $25 per month with AutoPay. The service, powered by 5G Ultra Wideband, boasts no extra fees, equipment charges, or data caps. For non-Verizon customers, the price is $50 per month. This initiative aims to provide affordable, reliable broadband options at a time when many are seeking cost-saving measures amidst rising living expenses. Verizon's efforts are backed by local leaders emphasizing the importance of accessible internet.

Verizon has launched its Home Internet and 5G Business Internet services in Shreveport, Louisiana, offering affordable plans. Residential customers on premium unlimited mobile plans can access Home Internet for just $25 per month with AutoPay, while others pay $50. The services promise no hidden fees, annual contracts, or data caps, aiming to deliver reliable, high-speed connectivity. Additionally, 5G Business Internet includes installation, multiple pricing options, unlimited data, and a 10-year price guarantee, supporting local businesses with enhanced internet solutions.

Verizon has introduced Home Internet services in Manchester, NH, priced at $25 per month with AutoPay for customers on premium unlimited plans. Non-Verizon customers can access the service for $50 per month. This offering features no extra fees, contracts, or data caps, leveraging 5G Ultra Wideband technology. Additionally, a 5G Business Internet option is available for local businesses, featuring unlimited data and a 10-year price guarantee. This move expands Verizon's 5G presence and aims to provide affordable connectivity amidst rising living costs.

Verizon Communications Inc. (NYSE: VZ) will release its second-quarter earnings report on July 22, 2022, during a webcast at 8:30 a.m. Eastern Time. The earnings news release and financial tables will be accessible from 7:30 a.m. on the company's Investor Relations website. Verizon, headquartered in New York City, reported revenues of $133.6 billion in 2021, offering data, video, and voice services globally.

Verizon invested over $200 million in North Carolina in 2021 to enhance its network, expanding 4G LTE capacity and introducing 5G to 2.5 million customers, with a 215% increase in 5G data usage since January 2022. Network enhancements will take place in multiple regions, including Charlotte and Greensboro, to accommodate growing demand. The Verizon Frontline Response Team supported over 30 public safety operations in 2021. Additionally, Verizon contributed over $5 million to charitable programs, including the Verizon Innovative Learning Schools initiative, promoting education in underserved communities.