Verizon Comms Stock Price, News & Analysis

Verizon Frontline's Response Team participated in a multi-day deployment assisting a flooding response exercise in South Carolina, organized by the SC Emergency Management Department. The exercise involved nearly 30 public safety agencies and simulated major flood events. Verizon provided critical communication solutions, including Satellite Picocells on Trailers and a drone for enhanced situational awareness, all at no cost to local agencies. This initiative underscores Verizon's commitment to public safety partnerships, enhancing first responders' capabilities during emergencies.

On April 13, 2022, Verizon's Frontline Response Team provided critical communication support during the Baker to Vegas Challenge Cup Relay, assisting medical teams for over 8,000 participants. With a high temperature of 100 degrees, the team deployed nearly a dozen members and over 50 solutions, including Satellite Picocells, to ensure vital communication across the race's 120-mile course. This service was offered at no cost, exemplifying Verizon Frontline's ongoing commitment to public safety. The company emphasized its role in supporting first responders for 30 years.

Verizon has expanded its Global Choice international calling plan, now including 17 Latin American countries at no additional cost for qualified customers on select 5G Unlimited plans. This update allows users to connect with family and friends in countries such as Cuba, Honduras, and Costa Rica, with monthly allowances of up to five hours of calls. Verizon stands out as the only carrier offering free monthly calling minutes to Cuba. Additionally, a partnership with Nova Credit facilitates device financing for new customers relocating to the U.S.

Verizon Connect and Sawatch Labs have partnered to help fleet managers transition to electric vehicles (EVs). This integration will assist businesses with over 10 vehicles in evaluating their needs for charging infrastructure, budget, and timing for EV adoption. With projections indicating that EVs could make up 31% of the market by 2050, this collaboration aims to provide critical data for efficient decision-making. Award-winning Verizon Connect continues to solidify its role in fleet management innovation.

Verizon's Frontline Response Team recently participated in a three-day search and rescue training exercise in Richmond County, N.C. Collaborating with local emergency services, the team provided essential wireless connectivity and communication solutions for over 200 participants. This initiative enhances public safety capabilities, employing tools like drones for improved situational awareness. Verizon's ongoing commitment to investing in public safety is highlighted by this support, which was delivered at no cost to local agencies. Verizon continues to focus on innovative solutions for first responders.

Verizon has partnered with Nova Credit to facilitate access to device financing for newcomers to the U.S. This innovative program allows individuals with international credit histories to share their information, enabling them to enjoy 0% interest on device payment plans for up to 36 months. As the first U.S. carrier to offer these benefits, Verizon aims to address challenges faced by newcomers, making it easier to secure services and devices upon arrival. The initiative aligns with Verizon's goal of expanding its reach and ensuring access to its 5G Unlimited plans.

The collaboration between Cisco and Verizon has successfully demonstrated a proof-of-concept for autonomous driving technology. By virtualizing roadside infrastructure, the companies showcased how cellular and mobile edge compute (MEC) solutions can fulfill the low-latency needs essential for autonomous applications. This advancement paves the way for connected vehicle applications like last-mile delivery bots and robotaxis, enhancing safety and efficiency in urban environments. The deployment of this technology could lead to significant cost savings for municipalities by eliminating the need for expensive physical roadside units.

Verizon Communications Inc. (NYSE: VZ) will report its first-quarter 2022 earnings on April 22, 2022, with a webcast starting at 8:30 a.m. ET. Access to the earnings news release and financial tables will be provided at 7:30 a.m. on the Investor Relations website. Verizon, headquartered in New York City, generated $133.6 billion in revenue for 2021 and is a leader in technology and communications services, offering a variety of data, video, and voice solutions.

Verizon and Cradlepoint have announced the certification of the Cradlepoint W1850 5G Wideband Adapter, enabling C-band connectivity across Verizon's 5G Ultra Wideband Network. This partnership supports bandwidth-intensive applications, catering to enterprises and businesses with a growing demand for fiber-fast, cellular-simple connectivity. Verizon aims to provide 5G UWB to 175 million people by the end of 2022. The collaboration enhances Verizon's 5G Fixed Wireless Access strategy, offering robust solutions for distributed workforces and ensuring secure connectivity for diverse business needs.