Verizon Comms Stock Price, News & Analysis

Verizon Business has launched the Complete Business Bundle, aimed at supporting small businesses in their digital transformation. The bundle includes reliable internet, desk phone services, and enhanced security solutions, complemented by 24/7 tech support. Businesses can enjoy discounts of up to 15% on monthly service charges. Key offerings include LTE Business Internet with no installation hassle, advanced phone features, and business internet security tools. Verizon aims to assist small enterprises adapt in a changing market environment as revealed by their Small Business Recovery Survey.

Verizon ranked highest for overall network performance in the latest RootMetrics report, which included its 5G Nationwide service. This is the 15th consecutive time Verizon has achieved this status. The company earned 300 State RootScore Awards out of 350 opportunities, showcasing its dominance in speed, reliability, and performance, with a median download speed of 40 Mbps. Verizon’s 5G service is available to over 230 million people in more than 2,700 cities. These results affirm Verizon's commitment to network excellence.

Verizon Communications Inc. (NYSE: VZ) is set to report its fourth quarter 2020 earnings on January 26, 2021, with results presented via a webcast at 8:30 a.m. Eastern Time. Access to the earnings news release and financial tables will be available on Verizon's Investor Relations website at 7:00 a.m. on the same day. The company, which generated revenues of $131.9 billion in 2019, is celebrating its 20th anniversary as a leading provider of communication technologies and solutions.

Verizon Business announced today that it will provide managed network services to over 450 HUB offices in the US and Canada, facilitating the company's digital transformation. This network as a service (NaaS) initiative aims to enhance speed, capacity, and flexibility for HUB's 13,000+ users. The collaboration promises reduced operational costs and improved agility and security. Verizon's comprehensive NaaS strategy aligns with current technology advancements to support HUB's ongoing growth and future-proof their operations.

Verizon and Unity have announced a partnership aimed at enhancing digital experiences through the integration of 5G, mobile edge computing (MEC), and real-time 3D technology. This collaboration seeks to develop applications across sectors such as gaming, retail, and enterprise, leveraging Verizon's 5G Ultra Wideband for faster speeds and reduced latency. The partnership is positioned within Verizon's strategy to explore how these technologies can transform various industries, catering to the growing demand for instantaneous content in a real-time economy.

Verizon announces the preorder launch of the Samsung Galaxy S21 5G series starting January 14, 2021. The lineup includes the Galaxy S21 Ultra, S21+, and S21, all optimized for Verizon’s 5G Ultra Wideband and Nationwide networks. Customers can switch to Verizon to get a 128GB Galaxy S21+ 5G for free with eligible trade-in and Unlimited plans. Pricing starts at $39.99/month for the Ultra model. Additionally, promotions include savings on Galaxy S21 models for new and existing customers.

The Met Unframed is a groundbreaking virtual experience launched by The Metropolitan Museum of Art and Verizon on January 12, 2021. This platform allows users to access immersive digital galleries and augmented reality (AR) versions of nearly 50 iconic artworks via Verizon's 5G Ultra Wideband. Available for free for five weeks, it features enhanced interactivity through games and AR technology. Max Hollein, the Museum's Director, emphasized the importance of connecting people with art, while Verizon's Andrew McKechnie highlighted the initiative's potential to democratize art access, fostering education and engagement.

Skyward, a Verizon company, and UPS Flight Forward are collaborating to deliver retail products via drones connected to Verizon's 4G LTE and upcoming 5G networks in The Villages, Florida. UPS CEO Carol B. Tomé emphasized the necessity of 5G for managing multiple drones safely. The partnership seeks to enhance the delivery experience, leveraging the low latency of 5G technology. UPS has successfully conducted over 3,800 drone delivery flights since 2019, with a focus on providing contactless delivery options during the pandemic. This collaboration aims to improve safety and efficiency in drone logistics.

Verizon's CEO, Hans Vestberg, presented at CES 2021, highlighting the transformative impact of 5G technology across various sectors, including sports, education, and live entertainment. Key announcements included the rollout of 5G Ultra Wideband in 28 NFL stadiums by the end of 2021, enhancing fan engagement through immersive experiences. Partnerships with the Smithsonian and The Metropolitan Museum of Art were revealed, aiming to enrich educational content using augmented reality. Additionally, Verizon is collaborating with UPS for connected drone deliveries, showcasing the essential role of 5G in modern logistics.