Welcome to our dedicated page for Verizon Comms news (Ticker: VZ), a resource for investors and traders seeking the latest updates and insights on Verizon Comms stock.
Verizon Communications Inc. (VZ) delivers cutting-edge wireless, broadband, and enterprise solutions through America's most reliable network. This news hub provides investors and industry professionals with direct access to official press releases and strategic updates from the telecommunications leader.
Track Verizon's latest 5G deployments, financial results, technology partnerships, and infrastructure investments. Our curated collection features earnings announcements, product launches, and regulatory filings – all essential for understanding the company's market position.
Key updates include network expansion initiatives, enterprise cloud solutions, and advancements in AI-driven connectivity. Bookmark this page for real-time insights into Verizon's operational developments and competitive strategies within the evolving telecom sector.
Verizon supports NORAD's Santa tracking program for the 18th consecutive year, adapting to COVID-19 challenges by sharing Apple iPhones with its One Talk technology to create a virtual call center. Limited onsite volunteers will assist remotely while focusing on safety. Calls will start at 6 a.m. on Christmas Eve, with the goal of answering children's questions about Santa. Historically, nearly 1,500 people have participated, fielding over 154,000 calls. Verizon generated revenues of $131.9 billion in 2019, emphasizing its commitment to community support during the holidays.
Verizon Business and Deloitte are collaborating to create advanced 5G and mobile edge computing (MEC) solutions tailored for the manufacturing and retail sectors.
The partnership aims to deploy a smart factory solution capable of identifying quality defects in real-time using computer vision and sensor detection. This innovation seeks to enhance operational efficiency by minimizing manual inspections, reducing waste, and cutting costs.
The initiative aligns with a broader strategy to transform businesses with real-time intelligence and agility through cutting-edge technologies.
Verizon Communications Inc. (NYSE: VZ) will report its fourth quarter 2020 earnings on January 26, 2021. The webcast is scheduled to begin at 8:30 a.m. Eastern Time, with access details and financial materials available earlier at 7:00 a.m. on the Investor Relations website. Verizon, celebrating its 20th anniversary, generated revenues of $131.9 billion in 2019, offering data, video, and voice services globally. The announcement marks a crucial period as investors await insights into the company's financial performance.
Verizon Business announced the launch of IoT Managed Services aimed at assisting customers in deploying and managing IoT solutions. This service caters to companies lacking the necessary staff and resources. With various service levels, it offers support from cellular connectivity to complete lifecycle management. Verizon's dedicated IoT specialists will help businesses overcome the challenges associated with IoT implementation, promoting efficiency in asset monitoring and management.
The service aims to set a foundation for future technology advancements, including integration with Verizon's 5G network.
Verizon Business has launched On Site LTE, a secure, private wireless network for enterprise customers in the US. This offering aims to enhance digital transformation and operational efficiency for businesses. The On Site LTE platform supports critical applications and services, providing low-latency connectivity and reliability for various digital initiatives, including robotics and AI. Additionally, it is designed to pave the way for future 5G innovations.
Verizon expands its 5G service, now reaching an additional 24 million customers in Central Texas, Tulsa, Upstate New York, and New England, totaling 230 million people across over 2,700 cities. This expansion includes access to 5G Ultra Wideband in parts of Tampa, St. Petersburg, Albuquerque, and Durham, enhancing performance for both individual and enterprise customers. Verizon's 5G offerings leverage advanced technologies like Dynamic Spectrum Sharing and Carrier Aggregation, promising peak speeds of 4 Gbps and improved cloud-native network capabilities for enhanced service delivery.
Verizon Media and Entain have announced a global alliance to innovate in interactive sports and entertainment. This partnership will create a unique virtual reality experience for live sports that integrates data, social interaction, and gaming. With the rise of 5G and immersive technologies, they aim to enhance consumer engagement in sports betting and live events. New research indicates significant consumer demand for interactive experiences, particularly among men aged 25-39. This initiative builds on existing collaborations, including BetMGM within Yahoo Sports, to strengthen their market presence.
On December 16, 2020, Verizon Business announced a strategic multi-year partnership with Walgreens Boots Alliance to enhance customer experiences at over 9,000 retail locations. The initiative involves deploying Verizon's Network as a Service (NaaS), integrating LTE, 5G, and Verizon Media. This collaboration is designed to support Walgreens' digital transformation efforts and future technological innovations. Verizon's NaaS aims to provide on-demand solutions that accelerate digital changes, enabling retailers to adapt quickly to evolving customer needs.
Verizon and Corning have launched the first commercial indoor 5G cell sites, transitioning from proof of concept to scalable solutions. This deployment aims to extend the reach of Verizon's 5G Ultra Wideband network and enable private 5G networks for enterprises. WeWork has signed a contract for installations in ten US locations, enhancing flexible work environments. The indoor cell sites will provide high-speed connectivity, supporting digital transformation and improving operational efficiency for businesses.
FAQ
What is the current stock price of Verizon Comms (VZ)?
What is the market cap of Verizon Comms (VZ)?
