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.
Verizon Public Sector has updated its Verizon Intelligent Video, enhancing its video surveillance capabilities for public safety and security. This system is used by cities and organizations for real-time data analysis to improve situational awareness. The update includes integration with BriefCam for enhanced analytics, allowing quick filtering of objects and behaviors. With $131.9 billion in revenues for 2019, Verizon continues to lead in technology and communication.
Verizon Communications announced the redemption of $565.7 million of 3.45% Notes due 2021 on December 18, 2020. The redemption price will be the greater of 100% of the principal or the present value of remaining scheduled payments, plus accrued interest. This move is part of Verizon's financial management strategy, allowing it to optimize its debt obligations.
Investors are advised to consider associated risks outlined in Verizon’s SEC filings. For further inquiries, U.S. Bank National Association is the designated paying agent.
Verizon, in partnership with Snap Inc., launched the first-ever 5G Landmarker Lens, providing an augmented reality experience exclusively for Verizon 5G Ultra Wideband customers. The lens features a musical performance by Grammy-nominated band Black Pumas at the New York Public Library, utilizing 5G technology for a unique user experience. This performance marks the first full-length song used in a Snapchat AR Lens and was produced in Verizon's 5G studio. A separate 4G Lens will be available to all Snapchat users, highlighting Verizon's commitment to innovative customer experiences.
Verizon Business is launching a 5G Ultra Wideband service at an Innovation Hub in Lake Nona, Orlando, FL. This initiative aims to allow innovators to test 5G applications across various sectors, including healthcare, autonomous mobility, and education. Currently, a trial is being conducted with Beep to enhance the safety of autonomous shuttles using Cellular Vehicle-To-Everything (C-V2X) technology. Verizon's broader strategy involves partnerships to explore disruptive 5G technologies across multiple industries.
Verizon has launched the next-gen Stream TV, an Android TV-powered streaming device designed to enhance on-demand entertainment accessibility. The device boasts an intuitive user interface, allowing users to easily discover popular shows and movies from various platforms including Disney+, Netflix, and Hulu. Stream TV supports 4K Ultra HD and HDR formats for optimal viewing. Priced at $69.99, it is available for purchase immediately, with updates planned for existing Stream TV devices. Additionally, new Fios or 5G Home customers may receive a Stream TV at no extra cost.
Ronan Dunne, executive vice president of Verizon, will present at the virtual Morgan Stanley European Technology, Media and Telecom Conference on November 18, 2020, at 9:30 a.m. ET. The webcast will be accessible through Verizon’s Investor Relations website. Celebrating its 20th anniversary, Verizon has established itself as a leading provider of technology and communication services, generating $131.9 billion in revenue in 2019. The company is headquartered in New York City, offering a range of services including data, video, and voice solutions.
Verizon Business will host a virtual event on November 19, 2020, at 1 PM ET, unveiling a special offer for enterprise customers on the iPhone 12 lineup and new 5G options. Keynote speakers include Tami Erwin, CEO of Verizon Business, and Susan Prescott, VP at Apple. The event will showcase how enterprises can leverage the iPhone 12 and Verizon’s 5G Ultra Wideband to enhance solutions in industries like healthcare and manufacturing. Registration is required to attend this event.
Summary not available.
Verizon and AWS have expanded their 5G MEC initiative by adding Dallas and Miami, increasing the total number of supported cities to seven, with plans for three more by year-end. This collaboration allows developers to harness ultra-low latency for applications, enhancing areas like healthcare and transportation. The 5G Edge and AWS Wavelength partnership empowers innovators to create vital applications for autonomous vehicles, with companies like Renovo and Savari conducting tests to improve safety and efficiency. Verizon's 5G Ultra Wideband network promises substantial throughput and connectivity potential.
Verizon Communications (NYSE: VZ) will conduct a virtual sellside analyst meeting on November 11, 2020, starting at 4:30 p.m. ET. The event will showcase presentations about Verizon's strategy, network leadership, and business updates, featuring Chairman and CEO Hans Vestberg and senior executives. Interested parties can access the webcast and presentation materials via Verizon’s Investor Relations website. Established on June 30, 2000, Verizon reported revenues of $131.9 billion in 2019 and continues to be a leader in technology, communications, and entertainment services.