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.
On July 20, 2021, Verizon Communications (NYSE: VZ) announced it will report its second quarter 2021 earnings on July 21. The earnings will be presented via a webcast starting at 8:30 a.m. Eastern Time. Details, including the earnings news release and financial tables, will be available on Verizon’s Investor Relations website at 7:00 a.m. the same day. Verizon generated $128.3 billion in revenues for 2020, showcasing its position as a leading provider of technology and communications services.
Verizon Business has expanded its 5G Business Internet offering to parts of 42 U.S. cities, up from 24 previously announced in April. Eligible new customers can receive a credit of up to $1,500 to offset early termination fees, along with a 10-year price lock guarantee. This service, powered by 5G Ultra Wideband, provides an alternative to cable Internet and features professional installation and unlimited data. The expansion aims to help businesses leverage advanced technologies like software-defined networking and edge computing.
Verizon has been recognized by RootMetrics for overall network performance for the 16th consecutive time, underscoring its reliability and customer satisfaction. The latest report highlights Verizon's top rankings in accessibility and call/text categories, with 738 Metro Area RootScore Awards won out of 875 chances. Post-COVID, network reliability is becoming increasingly critical, with nearly 90% of Americans rating it as vital when selecting a mobile provider. Verizon's network speed metrics also stood out, with 117 Reliability RootScore Awards and significant median speeds across 43 markets.
Verizon Business and Mastercard have announced a strategic partnership aimed at transforming the global payments and commerce landscape. The collaboration will leverage Verizon's 5G connectivity and Mastercard's extensive payment network to create innovative solutions such as contactless shopping and autonomous checkout. Key initiatives include enabling connected devices for seamless payments, enhancing retail experiences, and empowering small businesses with digital tools. The partnership aims to drive efficiencies and improve customer engagement across various industries.
Verizon Business has unveiled new BlueJeans Meetings features for mobile devices, enhancing the mobile meeting experience for hybrid workers. Key updates include improved layout flexibility, a 7x7 gallery view accommodating up to 49 participants, and multitasking support. The integration of Vuzix Smart Glasses for video conferencing and the launch of the motorola one 5G UW ace loaded with the BlueJeans app are significant advancements. Verizon's Mobile Edge Compute service is expected to further enhance performance, reliability, and quality in video conferencing, leveraging the capabilities of its 5G network.
Maven (OTC: MVEN) announced its partnership with Verizon Media to adopt its identity solution across its media brands, including Sports Illustrated and TheStreet. This collaboration aims to enhance advertiser transactions while ensuring consumer privacy. Maven's COO emphasized the importance of maximizing first-party data amidst the decline of third-party cookies. Verizon Media’s solution connects advertisers with 900 million users globally, enhancing campaign optimization through first-party audience data. This partnership is expected to improve consumer relationships and monetization for Maven.
Verizon announced the launch of the motorola one 5G UW ace, an affordable 5G smartphone priced at $299.99 or free with a premium Unlimited plan, starting July 8, 2021. It features a 6.7" HD display, a 48MP camera, and a robust 5000 mAh battery for over two days of use. Users can enjoy superfast 5G speeds and access Verizon's new Adaptive Sound system for an enhanced audio experience. The phone will also include security features like ThinkShield and access to Google Play Pass. The device underscores Verizon's commitment to providing affordable, advanced technology.
Verizon Connect Reveal effectively aided Diamond Landscapes in recovering $500,000 worth of stolen fleet vehicles, minimizing downtime for the company and its customers. The tracking software enabled the quick relaying of vehicle locations to law enforcement, leading to swift recovery. Owner Chris Trower emphasized the importance of time saved over monetary recovery, noting that without the software, their business could have faced severe operational setbacks. Kevin Aries stated that the technology enhances operational efficiency and can be vital during crises.