Verizon Comms Stock Price, News & Analysis

Verizon has announced ambitious sustainability goals including a 53% reduction in operational emissions and a commitment to help avoid 20 million metric tons of CO2e annually by 2030. New initiatives include the Forward for Good Accelerator to assist communities facing climate challenges and a pledge to plant 20 million trees by 2030. The company aims for net zero operational emissions by 2035 and has established a plan to generate or source 50% of its energy from renewable resources by 2025. Verizon's 2020 ESG Report highlights its efforts to manage environmental, social, and governance risks.

Yahoo's Expansion of XR Partner Program enhances its leadership in 5G XR storytelling, partnering with The Hollywood Reporter. This collaboration will deliver augmented reality experiences on desktop and mobile devices via Yahoo's Immersive Platform. The initiative aims to engage audiences in entertainment through interactive content, featuring projects like the Immersive Red Carpet. The partnership is part of Yahoo's strategy to innovate in digital media and offer immersive storytelling experiences that resonate with consumers.

Verizon 5G Business Internet has expanded its fixed-wireless connectivity to 24 US cities, providing businesses of all sizes with an alternative to cable Internet. The service offers multiple pricing plans, with no data limits and a 10-year price lock. Professional installation is included without a long-term contract. A recent survey indicates that 80% of business decision-makers believe 5G will create new opportunities. The offering includes plans up to 400 Mbps, enhancing business productivity through superfast speeds and low latency.

Yahoo Finance will exclusively livestream the Berkshire Hathaway Shareholders Meeting on May 1, starting at 12:30 PM ET. This marks the sixth consecutive year of Yahoo Finance's partnership with Berkshire Hathaway. Viewers will hear from key executives including Warren Buffett and Charlie Munger on the economy and markets. The event will include a pre-show, live Q&A, and post-show coverage while offering interactive features like 'Watch Together' for co-viewing. The livestream will have options in English and Mandarin, with an audio replay available on podcast platforms post-event.

Verizon Business launches Hyper Precise Location (HPL), a real-time kinematics service that enhances satellite-based location accuracy from meters to centimeters. HPL is available via Verizon ThingSpace across 100+ U.S. markets, supporting 5G and 4G networks. The offering allows developers to access GNSS correction data at low costs while ensuring user privacy, as location data is never stored or shared. HPL can facilitate advanced applications in automotive, robotics, and agriculture, aligning with next-gen technologies like C-V2X for vehicle safety.

Verizon Media has launched its Next-Gen Solutions suite, which enables audience targeting without relying on cookies or mobile IDs. This innovative offering strives to meet the changing needs of advertisers and publishers amid evolving privacy regulations. Utilizing machine learning and real-time data, the suite includes Next-Gen Audiences, Next-Gen Buying, and Next-Gen Measurement tools, providing a comprehensive framework for effective ad experiences. Accessibility to audiences and buying functionalities is expected in Q2 2021, with measurement tools following in Q4 2021.

Verizon and Univision have announced a multi-year partnership to enhance the viewing experience for Liga MX fans using advanced 5G technology. The collaboration introduces TUDN Vision, a 360-degree content portal offering immersive features such as live stadium views and player warmups, launching on April 17, 2021. Verizon will leverage its 5G Ultra Wideband network to improve production processes and analytics-driven broadcasts. This partnership aims to deepen fan engagement and deliver innovative soccer experiences through state-of-the-art technology.

Verizon has signed agreements with Crown Castle and SBA Communications to expedite the deployment of 5G Ultra Wideband using recently acquired C-band spectrum. The company secured 161 MHz of C-band, enhancing service delivery to an additional 250 million customers and offering choices to 50 million more for their internet providers. The agreements will streamline processes, allowing for faster installation of necessary network equipment on existing towers, critical for the company's continued growth in the competitive 5G market.

Verizon Communications has announced the redemption of approximately $713 million of 2.946% Notes due in 2022, effective May 10, 2021. The redemption price will be the greater of 100% of the principal or the present value of remaining payments discounted at the Treasury Rate plus 15 basis points, plus accrued interest. This action reflects Verizon's proactive debt management strategy and commitment to optimizing its financial structure. Shareholders and bondholders can direct inquiries regarding the redemption to U.S. Bank National Association.