Verizon Comms Stock Price, News & Analysis

Verizon Communications Inc. (NYSE: VZ) will announce its third-quarter 2021 earnings on October 20, 2021, during a webcast at 8:30 a.m. Eastern Time. The financial results will be preceded by access to relevant materials at 7:30 a.m. on the company's Investor Relations website. Verizon, one of the leading global providers of technology and communications services, generated $128.3 billion in revenue in 2020, showcasing its strong market position. Investors can find further resources and updates on Verizon's media center.

Verizon Public Sector has secured five Enterprise Infrastructure Solutions (EIS) task orders from the U.S. Department of Labor to modernize its legacy telecommunications and IT services for 20,000 users. This partnership aims to build a secure, converged data and voice network across nearly 1,000 locations. The task orders involve enhancing the DOL's IT backbone, audio and web conferencing, and deploying Unified Communications Services. Additionally, Verizon will transition the DOL’s hosting service to a scalable data center environment, thereby reducing IT infrastructure costs.

Verizon Business and Yealink launched the One Talk T67LTE, the first advanced desk phone in the US featuring embedded 4G LTE technology. Designed for hybrid workers, this device supports seamless communication without the need for rewiring, using Verizon's reliable network. The T67LTE offers HD voice service, integrates easily with the One Talk product suite, and can be relocated without complex setups. Set for availability in Q4 2021, this phone enhances workplace mobility and performance by freeing up internet bandwidth.

Verizon Business has unveiled an upgraded BlueJeans platform aimed at enhancing virtual collaboration for hybrid work environments. Key features include BlueJeans Spaces, a 2D and 3D virtual office to foster spontaneous interactions, and a new Collaboration Board for continuous teamwork. A survey from Momentive reveals 43.5% of hybrid employees feel team culture has faltered since the shift to remote work. Additionally, BlueJeans Meetings now allows up to 1,000 participants, introducing features like Audio Lock and Open Breakout Sessions to boost engagement.

Verizon Frontline has secured a contract to provide connectivity solutions and smartphones for Harris County, Texas Emergency Services District No. 11. This initiative aims to enhance emergency medical services, which respond to over 55,000 calls and serve more than 600,000 residents annually. With Verizon's reliable network, first responders will have access to advanced technology tailored for their needs, ensuring real-time interoperability and priority services in critical situations. The partnership underscores Verizon's commitment to public safety and emergency responsiveness.

Verizon Public Sector has been selected by the U.S. Department of Defense to provide its 5G Ultra Wideband mobility service at seven Air Force Reserve Command installations across the U.S. This deployment aims to enhance productivity with increased speeds, bandwidth, and lower latency for personnel and local communities. This is part of a broader initiative, building on previous contracts to improve wireless services across 17 bases. Verizon is committed to supporting the Air Force’s digital transformation, especially in areas such as telemedicine and high-definition video.