Verizon Comms Stock Price, News & Analysis

The Verizon Response Team has deployed its advanced Verizon Frontline technology to assist first responders in Western North Carolina following extensive flood damage from Tropical Storm Fred. This includes the use of Satellite Pico-cells on Trailers (SPOTs) to ensure critical voice and data services during the emergency response. Verizon Frontline, developed over nearly three decades, is designed to meet the unique needs of public safety agencies. The Verizon Response Team offers 24/7 assistance with communications solutions to boost network performance for emergency services.

Verizon is testing a Quantum Safe VPN to protect data against future hacking threats. As quantum computers evolve, they could break current encryption methods, prompting Verizon to explore advanced security solutions. In recent trials, the company demonstrated that a Quantum Safe VPN can replace public key encryption using Post Quantum Cryptography (PQC), securely exchanging keys between its 5G networks in London and Virginia. Verizon aims to stay ahead of cyber threats, ensuring data security for consumers and enterprises.

Verizon Waives Calling Charges to Haiti

In response to the devastating 7.2 earthquake in Haiti, Verizon announced that it will waive charges for calls made from its residential and business wireless and landline customers to Haiti from August 18 to August 31, 2021. This initiative aims to assist customers in reaching loved ones during this challenging time. Calls will be rated at $0.00 per minute, and customers with international plans will not use their allotted minutes. Additionally, Verizon promotes text-to-donate options for relief efforts, supporting organizations like Save the Children and UNICEF.

Verizon Communications has elected Carol B. Tomé to its Board of Directors, effective September 1, 2021. Tomé, who is currently the CEO of UPS, brings extensive experience in finance and strategic planning from her tenure at both UPS and Home Depot. She previously served on Verizon's Board in 2020. The appointment expands Verizon's board to 11 members, with 10 being independent. Chairman Hans Vestberg expressed confidence in Tomé's leadership, highlighting her expertise in growing businesses and adopting forward-looking ESG strategies.

Verizon Business is expanding its Software-Defined Interconnect (SDI) solution, improving connectivity for enterprise and public sector customers. This service enables quick activation of MPLS and Ethernet private networking to cloud providers, enhancing networking agility and reducing access costs. Collaborating with Equinix, the SDI solution is part of Verizon's Network-as-a-Service (NaaS) strategy, reflecting a commitment to meet evolving market demands and provide scalable, reliable network services.

Verizon is enhancing its service offerings by providing up to 12 months of AMC+ streaming to new Fios customers and those purchasing specific smartphones with select Unlimited plans. This promotion allows customers early access to popular shows, including the final season of The Walking Dead, premiering on August 15. Verizon's partnership with AMC Networks aims to deliver premium content seamlessly. AMC+ features a range of acclaimed series, making it a compelling value addition for existing and new customers. This offering is part of Verizon's commitment to enhancing customer experience.

Verizon has announced that the new Samsung Galaxy Z series smartphones are available for preorder starting August 11, 2021, at 10 am ET. Customers can receive up to $1,000 off when switching to Verizon using select trade-in and Unlimited plans. The devices are designed for Verizon's 5G Ultra Wideband network, now accessible in cities like Austin, TX, Birmingham, AL, and Gresham, OR. Preorders for the Galaxy Z Fold3 5G start at $59.99/month and the Galaxy Z Flip3 5G starts at $33.33/month, with full availability on August 27.

Verizon Expands 5G Services: Verizon Communications has announced the rollout of its 5G Ultra Wideband and 5G Home services in several U.S. cities, including Austin, TX; Gresham, OR; Albuquerque, NM; Little Rock, AR; Nashville, TN; and Birmingham, AL. With these additions, 5G Ultra Wideband is now available in parts of 78 cities and 5G Home in parts of 52 cities. The 5G Home service offers download speeds up to 1 Gbps for $50/month for qualifying customers. This expansion is expected to enhance customer experience and support remote work and streaming.