Verizon Comms Stock Price, News & Analysis

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.

Verizon, in collaboration with Snap Inc. and Cirque du Soleil, has launched an augmented reality Snapchat Lens that brings the essence of the Las Vegas show “O” to users nationwide. Exclusively available to Verizon customers with a 5G smartphone, this experience utilizes the capabilities of Verizon’s 5G Ultra Wideband network. The Lens combines stunning visuals with a unique score by Benoit Jutras, allowing users to engage with the performance in an interactive way. This initiative highlights Verizon's commitment to innovative customer experiences through advanced technology.

Verizon Business has launched BlueJeans for Corporate Learning and Training to enhance virtual learning experiences. This platform streamlines management and engagement, accommodating up to 1,000 participants in meetings. Key features include a Dashboard View for instructors, Collab Board for interactive content sharing, and multilingual closed captioning. As organizations invest heavily in virtual training—rising 12% to $92.3 billion—this offering aims to improve engagement and effectiveness, addressing the evolving needs of corporate learning.

BlueJeans by Verizon has announced significant updates aimed at enhancing hybrid collaboration for Android and iOS users. These include new features for mobile access and control in conference rooms, as well as the introduction of flexible BlueJeans Rooms-as-a-Service packages in partnership with Poly. The goal is to provide a consistent experience across different work environments, enabling remote and in-office teams to collaborate seamlessly. Notably, the enhancements support increased inclusivity and productivity for users in various settings.