Welcome to our dedicated page for Verizon Comms news (Ticker: VZ), a resource for investors and traders seeking the latest updates and insights on Verizon Comms stock.
Verizon Communications Inc. (VZ) delivers cutting-edge wireless, broadband, and enterprise solutions through America's most reliable network. This news hub provides investors and industry professionals with direct access to official press releases and strategic updates from the telecommunications leader.
Track Verizon's latest 5G deployments, financial results, technology partnerships, and infrastructure investments. Our curated collection features earnings announcements, product launches, and regulatory filings – all essential for understanding the company's market position.
Key updates include network expansion initiatives, enterprise cloud solutions, and advancements in AI-driven connectivity. Bookmark this page for real-time insights into Verizon's operational developments and competitive strategies within the evolving telecom sector.
Maggie Hallbach has been appointed as the senior vice president for Verizon Public Sector, a role in which she will oversee services for federal, state, local, education, and public safety customers. With over 25 years at Verizon, Hallbach's previous role included leading business development. She is expected to leverage her extensive experience and relationships to drive innovation and support customer missions. Under her leadership, Verizon aims to enhance its network reliability and digital transformation initiatives, especially with the upcoming 5G Ultra Wideband launch.
Verizon Business has announced the integration of VMware into its global managed SD-WAN service portfolio. This addition aims to enhance network services for cloud-ready enterprises, enabling centralized orchestration and improved user experiences across diverse devices. Designed for modern applications, the solution offers bandwidth efficiency, cost control, and swift deployment, addressing the complexities of wide area networks. This partnership signifies a strategic move in Verizon’s Network as a Service initiative, further solidifying its offerings in the cloud-based service sector.
Verizon has announced that from February 25 to March 10, 2022, it will waive all charges for calls made by its postpaid consumer and business wireless customers, as well as residential landline customers, to and from Ukraine. This includes free calls within Ukraine and waiving voice and text roaming charges for customers currently in Ukraine. The initiative is aimed at helping customers stay connected with their loved ones during the ongoing crisis.
Verizon has amended terms for its ongoing offers to purchase debt securities totaling up to $4.0 billion. The changes include extensions to key dates: the Early Participation Date now set for March 4, 2022, Price Determination Date on March 7, 2022, and Expiration Date on March 21, 2022. Additionally, the Fixed Spread for several notes has been adjusted, impacting their market pricing. The offers are facilitated by lead dealer managers including Barclays and Goldman Sachs, with more details available through investor communications.
Verizon has announced its first agreement with a global automaker, Audi, to enhance the vehicles with 5G connectivity starting from the 2024 model year. The collaboration aims to embed 5G Ultra Wideband technology into Audi vehicles, allowing for advanced features like high-speed infotainment and over-the-air software updates. This partnership is expected to improve driver-assistance technologies and introduce cellular vehicle-to-everything (C-V2X) capabilities for safer driving. Verizon continues to expand its 5G network across the U.S., significantly increasing its coverage area.
Verizon, Bloomberg Media, Zixi, and AWS are collaborating to test live streaming of 4K Ultra High Definition content using 5G and edge computing, eliminating the need for satellites. This trial utilizes Verizon 5G Edge with AWS Wavelength and Zixi's SDVP to enhance content delivery speeds and quality. The initiative aims to simplify distribution workflows for broadcasters and meet consumer demand for quick-start, high-quality streaming. Future trials will also explore direct streaming to consumers' devices and real-time translation for global audiences.
Verizon enhances Call Filter app and Fios Digital Voice services to combat robocalls. The updated Call Filter app now allows wireless customers to block spam calls and manage Caller ID features at no cost, flagging 20 billion unwanted calls for 80 million users. Additionally, Fios customers will see a verified call indicator, enhancing Caller ID accuracy. Verizon is a leader in identifying robocall sources and collaborates with law enforcement to tackle the issue. The Call Filter Plus service is available for $2.99 per month, providing extra features for spam management.
Verizon Communications (NYSE: VZ) has launched 30 separate offers to repurchase outstanding debt securities totaling up to $4.0 billion, with the offers expiring on March 17, 2022. To qualify for the Total Consideration, holders must tender their Notes by March 2, 2022. The repurchase will be executed using a waterfall methodology based on Acceptance Priority Levels, with a cap of $4.0 billion and a specific $1.0 billion cap for the 2.987% Notes due 2056. The Offers are unrestricted by minimum tender amounts and will include accrued interest payments.
Verizon has awarded $500,000 to three winners of its inaugural Climate Resilience Prize at the GreenBiz22 Conference.
Winners include Hyfi for tech solutions, Forestry and Fire Recruitment Program for community-led efforts, and Coral Vita for nature-based solutions.
This initiative supports communities affected by climate change and is part of Citizen Verizon, aimed at achieving sustainability goals.
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