Verizon Communications Inc. reports developments across its telecommunications business, including wireless service performance, broadband connectivity, enterprise services and network technology. Company updates commonly address postpaid phone activity, customer economics, cash flow, guidance, investor conference appearances and capital markets actions involving outstanding Verizon and subsidiary notes.
News also covers Verizon's network resilience and public-safety capabilities, including Digital Twin damage modeling, satellite-enabled disaster connectivity, private 5G, fixed wireless access and broadcast solutions. Partnership and sponsorship updates describe how Verizon uses 5G, fiber and venue network design to support connected experiences for customers, businesses, broadcasters and large events.
Verizon Communications Inc. (NYSE: VZ) will announce its fourth-quarter 2021 earnings on January 25, 2022, with a webcast at 8:30 a.m. Eastern Time. Preceding this, access details and presentation materials will be available at 7:00 a.m. on Verizon’s Investor Relations website. Verizon, a major global technology and communications provider, generated $128.3 billion in revenue in 2020, offering various services that cater to customer demands for mobility and reliable connectivity.
Verizon is expanding its 5G Ultra Wideband wireless broadband services to over 100 million people across more than 1,700 cities, providing speeds up to 10x faster than 4G LTE. The launch includes new 5G Home Internet and 5G Business Internet plans with simple setup and no contracts. Customers can access download speeds up to one gigabit per second, enabling data-intensive tasks on multiple devices. Verizon's commitment to accelerate broadband service is evidenced by the upcoming C-band rollout, enhancing coverage for homes and businesses.
Verizon is expanding its wireless broadband offerings with 5G Home Internet and 5G Business Internet accessible to over 100 million people in 1,700+ cities. Customers can experience speeds up to 10x faster than 4G LTE and enjoy new unlimited plans starting January 5. These services will enhance connectivity for homes and businesses, eliminating contracts and hidden fees. The launch includes a promotional 50% discount on 5G Home Internet for customers on unlimited plans. Verizon's 5G Ultra Wideband promises significant improvements in speed and reliability for diverse applications.
Verizon is offering unlimited calling, texting, and data for consumer and small business customers in Boulder and Jefferson counties, Colorado, affected by wildfires from January 4 to January 10. Customers do not need to take action to receive this benefit. Additionally, the Verizon Response Team is on standby 24/7 to deploy emergency technology for first responders, including drones and charging stations. This initiative underscores Verizon's commitment to supporting affected communities and enhances its service reliability during crisis situations.
Verizon executives Manon Brouillette and Kyle Malady will represent the company at the Citi 2022 AppsEconomy Virtual Conference on January 5, 2022, at 9 a.m. ET. Their presentation will be available via webcast, with details accessible on Verizon’s Investor Relations website.
Founded on June 30, 2000, Verizon is a leading technology and communications provider, headquartered in New York City. In 2020, the company reported revenues of $128.3 billion, offering data, video, and voice services on its advanced networks.
Verizon Business has announced that BlueJeans Meetings will now be preloaded on Glass Enterprise Edition 2 devices. This combination, powered by 5G mobile connectivity, enhances productivity for frontline workers by providing hands-free video conferencing capabilities. Customers can purchase the devices from Verizon, with discounts available when bundled with the Google Pixel 6. A study indicates that 80% of enterprises require innovative solutions like this to improve safety and efficiency in the field, facilitating collaboration across remote workforces.
Verizon is set to launch the Galaxy S21 FE 5G on January 11, 2022, offering it for $23.33 a month over 30 months with 0% APR. Customers can receive up to $700 off with a qualifying trade-in and new line activation, or up to $1,000 to pay off their current phone when switching to Verizon. The device features a Snapdragon 888 processor, 120Hz refresh rate, and an upgraded camera system, making it suitable for gamers and content creators. It will be available in four colors and storage options of 128GB and 256GB.
Verizon's Response Team continues its commitment to public safety by providing critical communication support in the wake of recent tornadoes across multiple states. This year, the team has deployed over 1,000 times, supporting more than 700 communities with nearly 9,000 Verizon Frontline devices. Significant deployments include responses to wildfires, hurricanes, and COVID-19 vaccination sites, showcasing the team's extensive reach and impact in crisis situations. Verizon's advanced network, developed over 30 years, ensures seamless communication for first responders and public safety agencies.
On December 16, 2021, Verizon and the Los Angeles Unified School District expanded their partnership to provide discounted mobile broadband plans to nearly 26,000 families in Nevada lacking reliable internet access. This collaboration aims to bridge the digital divide exacerbated by the COVID-19 pandemic, facilitating access to essential online educational resources. The original partnership began in March 2020, focusing on distance learning during school closures, and is now broadened to support affordable internet access through state and local organizations.
Verizon has enhanced its network for the annual NORAD Santa tracker. This holiday season, Verizon will support the North American Aerospace Defense Command with over 14,000 new enhancements, including 5G cell sites and increased fiber deployment. The toll-free hotline for tracking Santa will be operational starting at 6 AM (EST) on December 24. Verizon aims to connect children with NORAD volunteers efficiently, ensuring millions can track Santa's journey. In 2020, Verizon generated revenues of $128.3 billion, reinforcing its position as a leading tech and communications service provider.