Verizon Comms Stock Price, News & Analysis

Verizon Business has launched new features in BlueJeans Telehealth, enhancing virtual healthcare appointments. The Televisit Tile and integration with the Apple Health app allow patients to securely share health data with providers during telehealth sessions. Key health metrics like heart rate and sleep can now be shared to facilitate informed discussions. This advancement responds to a significant rise in telehealth demand, with utilization 38 times higher than pre-pandemic levels, as reported by McKinsey & Company.

Verizon Innovative Learning HQ launches on August 23, offering free access to next-gen educational tools using augmented and virtual reality. The program expands its reach to 511 Title I schools, nearly doubling the number of participating institutions.

The new 5G Verizon Innovative Learning Lab in Miami and 40 additional labs aim to enhance STEM education. Under the Verizon Community Forward initiative, the company plans to provide digital skills training to under-resourced communities. Verizon intends to invest over $3 billion in digital inclusion efforts from 2020 to 2025.

Verizon Communications (NYSE: VZ) announced that Matt Ellis, the CFO, will speak at the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 9, 2021, at 12:25 p.m. ET. The event will be webcast, and access details are available on Verizon's Investor Relations website.

Verizon, a leader in technology and communications, generated $128.3 billion in revenue in 2020. The company provides various services, including data, video, and voice solutions, ensuring reliable connectivity for its customers worldwide.

Verizon has expanded its 5G Edge capabilities by enabling developers to build and deploy applications in Chicago, Houston, and Phoenix. This real-time cloud computing platform, in collaboration with AWS Wavelength, aims to reduce latency for applications like immersive VR gaming and autonomous vehicles. Morehouse College is leveraging this technology for virtual campus tours and remote learning, enhancing student engagement with low-latency experiences. Verizon now supports 5G Edge in 13 major U.S. cities, planning further expansion.

Verizon Business has expanded its 5G Business Internet services to five new cities—Gresham, OR; Albuquerque, NM; Austin, TX; Little Rock, AR; and Nashville, TN—bringing total availability to 47 cities.

Customers can enjoy BlueJeans Meetings and Verizon OneTalk services at no additional cost. The company will continue to deploy its C-Band spectrum assets, enhancing fixed-wireless services. Customers benefit from professional installation, unlimited data, and fast deployment without needing infrastructure digging.

Verizon, Parrot, and Skyward have partnered to introduce the Parrot ANAFI Ai, the first 4G LTE connected drone in the US market. This drone, exclusively available to Skyward subscribers without extra charges, enhances aerial data management with features like automated access to controlled airspace, real-time data transfer, and advanced obstacle avoidance. With a 48 MP camera and 32 minutes of flight time, it supports complex tasks in various sectors. The launch is planned for the second half of 2021, marking a significant milestone in drone technology.

Verizon and the Georgia Department of Education launched a digital access initiative to enhance internet connectivity for underserved communities in 13 states, including Georgia. This program aims to provide wireless broadband services to eligible households, especially low-income families, ensuring they can access online education and resources. The program is crucial as 43.7% of low-income households lack personal high-speed internet. This initiative builds on Verizon's previous distance learning program, which connected over 38 million students during the pandemic.

Verizon Frontline has launched a pioneering Unmanned Aerial System (UAS) training program for the Verizon Response Team (VRT), aimed at enhancing support for first responders. The program includes 30 training blocks, enabling pilots to deploy drones for various missions, such as damage assessments and search and rescue operations. Currently, 15 out of 18 VRT members are certified to fly drones under FAA regulations. This initiative underscores Verizon's commitment to public safety, enabling real-time data aggregation during emergencies like hurricanes and wildfires.

Verizon has announced the launch of four new mobile hotspot plans designed to meet the needs of travelers and digital nomads. The plans offer data allowances ranging from 15 GB to 150 GB per month, with access to 5G Ultra Wideband on the top tiers. Prices start at $20 per month for the Essential plan and go up to $110 for the Premium option. Customers with qualifying Unlimited plans can enjoy significant discounts on these new offerings, enhancing their mobile connectivity while on the go.