Verizon Comms Stock Price, News & Analysis

Verizon Communications has declared a quarterly dividend of 62.75 cents per share, consistent with previous payouts. This dividend will be payable on May 3, 2021, to shareholders recorded by April 9, 2021. The company has approximately 4.1 billion shares outstanding, with $10.23 billion paid in dividends in 2020. Verizon generated $128.3 billion in revenues last year, establishing its status as a leading provider of communication services globally.

Verizon, in collaboration with AWS and the NFL, launched the first 5G and MEC-enabled mobile game called NFL Ultra Toss for fans at Super Bowl LV. Utilizing Verizon's 5G Edge and AWS Wavelength, the game offered a low-latency, high-bandwidth multiplayer experience. Fans could toss a virtual football using augmented reality, competing in real-time with others in-stadium. Nicki Palmer, Chief Product Officer at Verizon, highlighted the potential of 5G in transforming gaming experiences. Verizon reported revenues of $128.3 billion in 2020, showcasing its strong market position.

Verizon has expanded its 5G Ultra Wideband network to parts of Sacramento, Seattle, and Pensacola, providing customers with enhanced wireless capabilities. The service offers unprecedented speeds, enabling quicker downloads and seamless video conferencing. Additionally, eligible customers in Sacramento can access new 5G Home equipment. Verizon's 5G Nationwide network remains available for wider coverage using Dynamic Spectrum Sharing. With a revenue of $128.3 billion in 2020, Verizon aims to meet the growing demands for reliable connectivity.

Verizon Communications will host its 2021 Virtual Investor Day on March 10, 2021, at 6 p.m. ET. The event will feature presentations on the company’s strategic direction, network leadership, and advancements in 5G technology. Additionally, Verizon will discuss the outcomes of the FCC's C-Band spectrum auction. Chairman and CEO Hans Vestberg along with senior executives are set to participate. Interested parties can access the webcast and materials via Verizon's Investor Relations website.

In 2020, Verizon reported revenues of $128.3 billion.

On February 22, 2021, Verizon Business announced the integration of Genesys Cloud into its customer experience offerings. This cloud-based Contact Center as a Service solution enables businesses to enhance customer interactions through remote access and its award-winning network. The partnership aims to facilitate digital transformation by combining customer, employee, and user experiences. With 25 years of collaboration as a Genesys Gold Partner, Verizon aims to streamline implementation and provide rapid feature enablement, enabling organizations to adapt to evolving customer needs and improve workforce engagement.

Verizon is donating $250,000 to Feeding Texas to aid relief efforts following recent winter storms. The funds will help address increased hunger among Texans, with hundreds of thousands expected to seek assistance. CEO Hans Vestberg emphasized the company's commitment to support communities in crisis. Additionally, Verizon customers can contribute further by texting donations to the American Red Cross and Salvation Army. Verizon reported revenues of $128.3 billion in 2020, delivering a range of technology and communication services globally.

YBVR, an XR video distribution platform, has secured $1.5 million in Pre-Series A funding from investors including Verizon Ventures, Telefonica's Wayra, and Tech Coast Angels. The funds will enhance YBVR's technology and team while fostering partnerships. This investment will enable live streaming in 8K ultra-high-definition with low latency. YBVR aims to deliver a premium viewing experience for sports and concerts, already broadcasting events like the Australian Open 2021.