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.
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.
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.
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