Verizon Comms Stock Price, News & Analysis

On April 29, 2021, Verizon announced it will offer the latest Apple products including the new iPad Pro, iPhone 12, iPhone 12 mini, AirTag, and Apple TV 4K starting on April 30. Customers can get up to $200 off the iPad Pro with eligible trade-ins. The iPhone 12 lineup, now available in purple, also supports 5G connectivity across over 70 cities. The next generation of Apple TV 4K features a new Siri Remote and advanced HDR. Verizon promotes its 5G Nationwide network, highlighting various plans and promotions for acquiring these devices.

Jennifer Chronis has been appointed as the senior vice president of Verizon Public Sector, effective April 28, 2021. With over 25 years of experience in digital transformation, including a notable military career, Chronis is set to lead the team focused on delivering essential technology solutions for federal, state, local, education, and public safety sectors. Her leadership is expected to enhance Verizon's offerings like Verizon Frontline, designed for first responders, and bolster partnerships with the U.S. Department of Defense, as the company aims to meet evolving public sector demands.

Verizon Communications has announced the redemption of two sets of notes on May 28, 2021. The 2.45% Notes due 2022, with an outstanding principal amount of $793,983,000, and the 5.15% Notes due 2023, totaling $3,190,096,000, will be redeemed. The redemption price for each will depend on the calculated present values of future payments or the principal amount, plus accrued interest. Verizon's revenue was $128.3 billion in 2020, and the company continues to be a leading provider of communication services.

Verizon and Snap Inc. have launched their second 5G augmented reality (AR) experience, transforming a mural in Venice Beach into an immersive storytelling platform for the National Wildlife Federation’s #SaveLACougars campaign. This AR Lens allows users to witness the journey of P-22, a Los Angeles cougar, and learn about wildlife conservation efforts. The campaign has raised over $19.2 million for wildlife initiatives, with Verizon and Snap donating $150,000 to support the wildlife crossing. The 5G Ultra Wideband technology enhances this experience, showcasing the intersection of technology, art, and environmental advocacy.

Verizon Business is launching Small Business Days from April 29 to May 7, offering discounts and services to help small businesses enhance their technology. Key offerings include up to $1,000 off select new 5G phones, a 10-year price guarantee for 5G Business Internet starting at $69/month, waived fees, and complimentary tech evaluations. According to a recent report, 69% of decision-makers believe 5G will help mitigate the pandemic's impact. The promotion is available at all Verizon retail locations and virtually.

Verizon is celebrating Mother's Day by offering special 5G gifts and services to customers. Starting today, customers can purchase a 5G phone and receive a second one at no cost with select Unlimited plans. Premium content options like Disney+, Hulu, ESPN+, and Discovery+ are also included. Nearly all Verizon stores are open, allowing customers to shop in-store or reserve appointments for convenience. The company emphasizes customer safety with health guidelines in effect. Verizon reported $128.3 billion in revenues in 2020.

Verizon Communications reported strong first-quarter 2021 results, with earnings per share of $1.27, up from $1.00 the previous year. Net income rose by 25.4% to $5.4 billion. Wireless service revenue reached $16.7 billion (up 2.4%), while Consumer Fios Internet net additions hit a record 102,000. Despite 326,000 retail postpaid net losses, total operating revenue increased by 4.0% to $32.9 billion. Verizon has achieved $10 billion in cash savings ahead of schedule and expects continued growth in 2021.

Verizon Communications Inc. (VZ) is set to report its first quarter 2021 earnings on April 21, 2021, during a webcast at 8:30 a.m. ET. The public can access the earnings news release and presentation materials starting at 7:30 a.m. on Verizon's Investor Relations website. In 2020, Verizon generated revenues of $128.3 billion and continues to be a key player in technology and communications, offering a range of products and services including data, video, and voice solutions.