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.
On September 29, 2020, Hello Alice, in partnership with Verizon, relaunched the Business for All initiative aimed at supporting small business owners across the U.S. This program offers grants between $10,000 and $50,000, along with mentorship opportunities, specifically targeting the New Majority, which includes underrepresented groups. In light of COVID-19, Hello Alice has already distributed over $2 million in emergency grants. The initiative also promotes small business issues ahead of the 2020 presidential election, engaging with entrepreneurs to ensure their concerns are heard.
Verizon has secured a multi-year partnership as the Official Wireless Services Partner of the NHL in the U.S., focusing on 5G and Mobile Edge Computing (MEC) technologies. This deal allows Verizon to enhance the fan experience in NHL arenas through 5G installations and innovative applications. The partnership includes opportunities for in-venue real-time interactions, game highlights, and player stats. Verizon's Chief Media Officer emphasized the potential for immersive experiences, while the NHL aims to leverage 5G for improved content consumption and engagement. The collaboration is a significant step in sports technology innovation.
BASKING RIDGE, N.J., Sept. 24, 2020 - BlueJeans by Verizon introduced enhancements for the Microsoft-certified BlueJeans Gateway for Microsoft Teams. These updates cater to the growing needs of a hybrid workforce, allowing organizations to transition back to the office seamlessly. Key features include support for large events, localized IVR for multiple languages, a 7x7 gallery view, improved management tools, and simplified deployment online. The solution is already in use by over 400 global organizations, facilitating a unified meeting experience across various work environments.
Verizon Communications announced the upcoming introduction of the new 582 area code, which will overlay the existing 814 area code. Starting October 3, 2020, customers will need to dial 10 digits (area code + seven digits) for local calls, transitioning to mandatory 10-digit dialing by April 3, 2021. The existing telephone numbers will remain unchanged, and prices for calls will not increase. Customers are advised to reprogram any devices that currently dial 7-digit numbers to ensure compatibility with the new dialing system. For more information, visit Verizon's media center.
The FAA has granted Skyward, a part of Verizon, a temporary waiver to operate the Percepto Sparrow drone remotely, inspecting critical communications infrastructure near the Big Hollow wildfire in Washington. This waiver, applicable until Sept. 25, allows 24/7 operations without a pilot on site, enhancing safety during emergency inspections. The initiative exemplifies innovative drone technology use amid rising natural disasters, ensuring reliable communications for first responders while minimizing risk to personnel. Verizon continues to monitor wildfires and provide emergency support across affected states.
Verizon Communications (NYSE: VZ) is scheduled to report its third quarter 2020 earnings on October 21, with a webcast presentation starting at 8:30 a.m. ET. Preceding the event, investors can access detailed earnings materials from its Investor Relations website at 7:30 a.m. Verizon, a leading global technology and communications provider, generated revenues of $131.9 billion in 2019. The company emphasizes its commitment to delivering mobility, reliable connectivity, and security across its innovative networks and platforms.
The Samsung Galaxy S20 Fan Edition (FE) 5G UW will debut on Verizon, available for preorder on September 24, 2020. This premium device, priced at $29.16 monthly for 24 months, features 5G Ultra Wideband connectivity and a 6.5-inch 120Hz display. Key specifications include a pro-grade camera with 30X Space Zoom, a 4,500 mAh battery, and four color options. Promotions include up to $699.99 towards a new phone with activation and a $250 gift card for switching. General availability starts October 2, 2020.
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