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.
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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.
Verizon Communications (NYSE: VZ) announced that Matt Ellis, the CFO, will speak at the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 9, 2021, at 12:25 p.m. ET. The event will be webcast, and access details are available on Verizon's Investor Relations website.
Verizon, a leader in technology and communications, generated $128.3 billion in revenue in 2020. The company provides various services, including data, video, and voice solutions, ensuring reliable connectivity for its customers worldwide.
Verizon has expanded its 5G Edge capabilities by enabling developers to build and deploy applications in Chicago, Houston, and Phoenix. This real-time cloud computing platform, in collaboration with AWS Wavelength, aims to reduce latency for applications like immersive VR gaming and autonomous vehicles. Morehouse College is leveraging this technology for virtual campus tours and remote learning, enhancing student engagement with low-latency experiences. Verizon now supports 5G Edge in 13 major U.S. cities, planning further expansion.
Verizon Business has expanded its 5G Business Internet services to five new cities—Gresham, OR; Albuquerque, NM; Austin, TX; Little Rock, AR; and Nashville, TN—bringing total availability to 47 cities.
Customers can enjoy BlueJeans Meetings and Verizon OneTalk services at no additional cost. The company will continue to deploy its C-Band spectrum assets, enhancing fixed-wireless services. Customers benefit from professional installation, unlimited data, and fast deployment without needing infrastructure digging.