Verizon Comms Stock Price, News & Analysis

Verizon has announced a reduction in prices for its Home Internet services, implementing a starting rate of $25 per month for Fios, 5G, and LTE plans when linked with a premium mobile plan and AutoPay. This pricing guarantees no hidden fees or annual contracts, effective for up to four years. Customers can enjoy enhanced offerings such as new Gigabit plans, router rentals, and exciting perks like Disney+ subscriptions and gaming credits. This initiative aims to provide affordable high-speed internet during a time of rising costs.

Verizon has partnered with LaLiga and Alianza de Futbol to enhance the soccer experience for its customers. This partnership allows Verizon customers exclusive access to top-tier soccer events, including ElClásico watch parties, meet-and-greets with legendary players, and participation in online competitions. The Copa Alianza tour will host amateur soccer tournaments in 10 U.S. cities, featuring famous Mexican soccer figures. Additionally, Verizon's plans include features like unlimited calls to Mexico and enhanced streaming options for soccer fans.

Verizon Business has partnered with Mastercard and First National Bank of Omaha to launch the Verizon Business Mastercard. This credit card is designed for small U.S. businesses with fewer than 100 lines, allowing them to earn rewards on eligible purchases. Users can earn 5% back on Verizon purchases during the first billing cycle, 3% after that, and 2% on gas and office supplies. The card features no annual fees, a $50 new cardholder bonus, and allows the earning of Verizon Business Dollars for future purchases. The launch emphasizes support for small businesses amid challenging economic conditions.

Verizon announces special deals for Father’s Day, focusing on tech gadgets for dads. Offers include 50% off JBL Live Free NC+ TWS headphones, discounted Xbox controllers starting at $59.99, and 25% off Logitech keyboards. Customers can upgrade to a 5G Unlimited plan for as low as $35 per line per month for four lines. The promotion highlights Verizon's strong 5G network, which has seen a 249% increase in data usage since January 2021. Free 2-day shipping is available on orders over $49, ensuring timely delivery before June 19.

Verizon's 11th Governors Ball Music Festival showcased the power of its 5G Ultra Wideband network, with over 60% of attendees being Verizon customers. They consumed 14.5 terabytes of data, a 38% increase from last year, the equivalent of streaming nearly three million songs. During the event, users experienced speeds of up to 3Gbps. A new partnership with Snap Inc. provided a unique augmented reality experience for attendees. With revenues of $133.6 billion in 2021, Verizon continues to focus on growth in mobility and nationwide broadband.

Verizon has successfully completed a 5G data session trial using CBRS GAA spectrum in Minneapolis, enhancing its 5G Ultra Wideband network. The trial demonstrated peak downlink speeds exceeding 700 Mbps using carrier aggregation technology. This advancement signals Verizon's commitment to improving capacity and speed for its customers, complementing its existing C-band and mmWave spectrum deployments. The 5G data usage has surged 249%, indicating robust demand and positioning Verizon to support future growth in mobile, broadband, and business solutions.

Verizon is enhancing the concert experience at the Governors Ball Music Festival with its 5G Ultra Wideband network. This weekend, over 150,000 attendees will experience a unique AR feature via Snapchat, thanks to a partnership with Snap Inc. and Live Nation. The 3-day event, running from June 10-12, showcases major artists like Kid Cudi and Halsey. Verizon aims to transform live entertainment through innovative technologies, providing exclusive tools for concertgoers to enhance their festival experience.

Verizon and Pandora are set to host a groundbreaking virtual concert featuring Sebastián Yatra on June 15 at 8 PM ET, leveraging Verizon’s 5G Ultra Wideband and edge computing technologies. This unique event will feature a hologram of Yatra performing alongside an AR version of himself, showcasing innovative 3D environments inspired by his music. The partnership aims to elevate the concert experience through immersive technology and interactivity, promising fans a closer connection to the artist. RSVP for the free event is available online.

Verizon Prepares for Wildfire Season

IRVINE, Calif., June 8, 2022 – Verizon is gearing up for the 2022 wildfire season, enhancing its emergency preparedness efforts. With record-breaking fires affecting the American Southwest, the company's Response Team is conducting drills and ensuring network readiness. Verizon's infrastructure includes backup systems and a fleet of portable assets to maintain connectivity during emergencies. In 2021, Verizon supported first responders in 128 wildfires, deploying over 2,000 solutions across 16 states.