Welcome to our dedicated page for Verizon Communications news (Ticker: VZ), a resource for investors and traders seeking the latest updates and insights on Verizon Communications stock.
Verizon Communications Inc. reports developments across its telecommunications business, including wireless service performance, broadband connectivity, enterprise services and network technology. Company updates commonly address postpaid phone activity, customer economics, cash flow, guidance, investor conference appearances and capital markets actions involving outstanding Verizon and subsidiary notes.
News also covers Verizon's network resilience and public-safety capabilities, including Digital Twin damage modeling, satellite-enabled disaster connectivity, private 5G, fixed wireless access and broadcast solutions. Partnership and sponsorship updates describe how Verizon uses 5G, fiber and venue network design to support connected experiences for customers, businesses, broadcasters and large events.
Women's CoLab is enhancing its support for women in the workforce through the launch of CoLab Conversations, a series of interactive learning sessions featuring renowned female entrepreneurs and career coaches. The initiative aims to empower women, particularly as they navigate challenges following the pandemic. Participants can expect actionable insights on career development and investment in personal growth. Notable speakers include Jaclyn Johnson and Cloé Caron. For more details, visit WeAreWomensCoLab.com.
Verizon Innovative Learning is rebranding and expanding its free project-based enrichment program to Verizon Innovative Learning STEM Achievers, aimed at middle school students in under-resourced communities. The program focuses on emerging technologies and offers hands-on experiences across four educational tracks, including artificial intelligence. It collaborates with 44 colleges nationwide, supporting 10 million youths in digital skills training by 2030 through its Citizen Verizon initiative. The program enhances learning and mentorship opportunities for students.
Summary not available.
Verizon has announced a significant investment to enhance connectivity across approximately 80 Bureau of Indian Education (BIE) schools on 64 reservations in 13 states. This initiative aims to provide reliable, high-speed internet and connected devices for thousands of Native American students. The upgrades include transitioning from legacy T1.5 lines to 1Gb connections, improving the overall educational experience. Students are expected to benefit from this improved bandwidth by fall 2022, with the project continuing through 2023.
Verizon received a Sheriff’s Commendation from the Boulder County Sheriff’s Office for its support during the December 2021 Marshall Fire. The Verizon Frontline Response Team provided essential voice and data solutions to public safety agencies, enhancing communications during and after the fire, which damaged over 1,000 homes and burned 6,000 acres. Their support included the deployment of various technologies at no cost, alongside rapid restoration efforts in challenging weather conditions. Verizon remains committed to supporting first responders across the nation.
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.