Verizon Comms Stock Price, News & Analysis

Verizon and Atos have announced a groundbreaking partnership to deliver smart IoT solutions via private 5G multi-access edge computing. This collaboration aims to enhance operational efficiency, risk mitigation, and revenue generation for businesses, governments, and communities globally. The solution combines Atos' Computer Vision platform with Verizon's 5G network, enabling predictive analytics capable of processing 180 billion data points hourly to forecast operational downtimes up to 30 days in advance. This end-to-end architecture offers scalable, low-latency solutions across various industries, positioning both companies as leading 5G providers.

Verizon Communications reported strong 2021 results, achieving a full-year earnings per share (EPS) of $5.32, up from $4.30 in 2020, and operating revenues of $133.6 billion, a 4.1% increase year-over-year. In the fourth quarter, EPS remained stable at $1.11, with adjusted EPS rising to $1.31, an 8.3% growth. Total wireless service revenue reached $17.8 billion, a 6.5% increase driven by higher average revenue per account (ARPA) and the acquisition of TracFone. Looking ahead, Verizon expects organic revenue growth of around 3% for 2022.

Verizon Communications Inc. (NYSE: VZ) is set to report its fourth-quarter 2021 earnings on January 25, 2022, at 8:30 a.m. Eastern Time. Prior to the webcast, access instructions, earnings news release, and financial tables will be available on Verizon's Investor Relations website from 7:00 a.m. The company generated revenues of $128.3 billion in 2020 and is recognized globally for providing advanced technology and communication services.

Verizon has announced seven new Renewable Energy Purchase Agreements (REPAs), increasing its total to 20 since 2019. The new agreements add approximately 910 megawatts (MW) of renewable energy capacity, contributing to a cumulative total of around 2.6 gigawatts (GW). These initiatives aim to support Verizon's goal of sourcing or generating renewable energy equivalent to 50% of its total electricity consumption by 2025. The projects are expected to avoid over 4.8 million metric tons of CO2 annually, furthering Verizon's commitment to sustainability.

Verizon has expanded its 5G Ultra Wideband network, now available to over 100 million people in more than 1,700 cities. This growth allows access for over 20 million households and 2 million businesses. The company is introducing new unlimited plans, including 5G Get More and 5G Play More, at the same price as current offerings. Key features of 5G Home Internet include self-setup and no extra fees. Verizon aims to enhance connectivity for both consumers and businesses, showcasing the impact of 5G through initiatives like the 5G Ultra Show.

Verizon Business has launched new Business Unlimited Data Device plans, enhancing connectivity with its 5G Ultra Wideband network now accessible to 100 million people in over 1,700 cities. The plans include options for $45/month offering 60 GB and $75/month offering 100 GB, both facilitating remote work and high-definition video streaming. CEO Tami Erwin emphasized the transformative potential of 5G for businesses, especially in overcoming pandemic challenges. The offerings cater to current and new customers with 5G-enabled devices, providing significant value through increased data and enhanced performance.

Verizon announced the launch of its 5G Ultra Wideband network, set to enhance connectivity for over 90 million Americans. As the leading wireless provider, Verizon is taking a proactive measure by temporarily limiting 5G deployment near certain airports to address concerns from the FAA and airlines. Despite being fully operational in over 40 other countries, Verizon insists on this limitation until navigational issues are fully resolved. Verizon generated $128.3 billion in revenue in 2020, reinforcing its position in the technology and communications sector.

Verizon and AWS have expanded their 5G Edge with AWS Wavelength mobile edge computing service to four new U.S. cities: Charlotte, Detroit, Los Angeles, and Minneapolis. This expansion allows developers to deploy applications with ultra-low latency, enabling innovative solutions such as drone and energy management. Companies like Easy Aerial and Fermata Energy leverage this technology for real-time data processing, enhancing operational efficiency and reducing costs. The service is now available in 17 locations across the U.S.