Verizon Comms Stock Price, News & Analysis

Verizon is set to launch the Galaxy S21 FE 5G on January 11, 2022, offering it for $23.33 a month over 30 months with 0% APR. Customers can receive up to $700 off with a qualifying trade-in and new line activation, or up to $1,000 to pay off their current phone when switching to Verizon. The device features a Snapdragon 888 processor, 120Hz refresh rate, and an upgraded camera system, making it suitable for gamers and content creators. It will be available in four colors and storage options of 128GB and 256GB.

Verizon's Response Team continues its commitment to public safety by providing critical communication support in the wake of recent tornadoes across multiple states. This year, the team has deployed over 1,000 times, supporting more than 700 communities with nearly 9,000 Verizon Frontline devices. Significant deployments include responses to wildfires, hurricanes, and COVID-19 vaccination sites, showcasing the team's extensive reach and impact in crisis situations. Verizon's advanced network, developed over 30 years, ensures seamless communication for first responders and public safety agencies.

On December 16, 2021, Verizon and the Los Angeles Unified School District expanded their partnership to provide discounted mobile broadband plans to nearly 26,000 families in Nevada lacking reliable internet access. This collaboration aims to bridge the digital divide exacerbated by the COVID-19 pandemic, facilitating access to essential online educational resources. The original partnership began in March 2020, focusing on distance learning during school closures, and is now broadened to support affordable internet access through state and local organizations.

Verizon has enhanced its network for the annual NORAD Santa tracker. This holiday season, Verizon will support the North American Aerospace Defense Command with over 14,000 new enhancements, including 5G cell sites and increased fiber deployment. The toll-free hotline for tracking Santa will be operational starting at 6 AM (EST) on December 24. Verizon aims to connect children with NORAD volunteers efficiently, ensuring millions can track Santa's journey. In 2020, Verizon generated revenues of $128.3 billion, reinforcing its position as a leading tech and communications service provider.

Verizon and Google Cloud have partnered to enhance mobile computing with 5G Edge technology, bringing cloud capabilities closer to connected devices. This initiative will provide real-time support for enterprise applications such as intelligent logistics and autonomous robots. The collaboration aims to unlock efficiencies and improve productivity across various industries. Additionally, Ericsson will pilot this technology at its USA 5G Smart Factory, utilizing Verizon's Sensor Intelligence solution for inventory management, enhancing operational effectiveness.

iBASIS has announced the approval of Verizon's local profile, the first to utilize dynamic download technology for IoT connectivity. This new feature addresses permanent roaming challenges in the U.S. by allowing devices to operate as local SIMs. With improved global coverage and reliability, iBASIS enhances its iBASIS Global Access for Things™ eSIM. The partnership with Verizon meets GSMA remote SIM provisioning standards, furthering iBASIS' position in both Low Power Wide Area (LPWA) and High Data use cases for IoT devices.

Verizon is offering unlimited calling, texting, and data for consumer and small business customers in parts of Kentucky and Illinois affected by tornadoes from December 12 to December 18. The initiative includes support from the Verizon Response team, which is available 24/7 to assist first responders. Areas impacted include Mayfield and Owensboro in Kentucky, and Edwardsville in Illinois. This action aims to ensure connectivity during recovery efforts, reflecting Verizon's commitment to community support.

Verizon's Skyward has announced the preorder availability of the Parrot ANAFI Ai, the first drone utilizing Verizon's 4G LTE connectivity. This new offering allows mid-flight processing of data into 2D maps and the creation of 3D models.

The Skyward Connected Drone Solution includes the drone, a one-year subscription, and free connectivity if ordered by January 31, 2022. Priced at $4,000, the drone facilitates faster data transfer and enhanced operational capabilities for various industries. Verizon emphasizes its commitment to advancing drone technology through reliable connectivity.

Verizon has surpassed its target of 14,000 new 5G Ultra Wideband cell sites, achieving coverage in 87 U.S. cities. The company reports a 750% year-over-year increase in 5G data usage. Verizon now offers 5G Home service in parts of 65 cities and 5G Business Internet in 62 cities. The ongoing deployment of C-Band spectrum will expand coverage to an additional 100 million customers by March 2022. This expansion, despite global supply chain challenges, positions Verizon for accelerated growth in 5G services and innovative broadband solutions.