Verizon Comms Stock Price, News & Analysis

Verizon Media has expanded its omnichannel programmatic platform through a partnership with DISH Media, allowing automated access to DISH's household addressable ad inventory. Advertisers can now access both traditional linear channels and CTV/OTT media, including SLING TV, enhancing monetization opportunities. This move comes as US consumers increase their TV viewing time, now averaging 229 minutes per day. The partnership offers benefits like flexibility, efficiency, and quality scale, enabling advertisers to seamlessly manage their campaigns across different channels while improving audience targeting.

Verizon has announced the preorder for the Samsung Galaxy Z Fold2 5G starting on September 2, with general availability on September 18. The Galaxy Z Fold2 5G will cost $83.33 per month for 24 months, retailing at $1,999.99. Customers can save up to $700 by trading in their old devices when switching to Verizon. Additionally, the Galaxy Tab S7 5G series will also be available, with prices starting at $35.41 per month. Both devices leverage Verizon’s 5G Ultra Wideband network for enhanced performance.

The Navajo Nation has partnered with Verizon to enhance cellular coverage in Window Rock and Chinle, Arizona, amid the Covid-19 pandemic. This initiative involves deploying two Satellite Cell on Light Trucks (satCOLT) to provide 4G LTE service for up to 1,000 users, supporting local hospitals and government operations. Vice President Myron Lizer expressed gratitude for Verizon's assistance in maintaining connectivity for the Navajo Nation's 175,000 citizens. Verizon, a leading global communications provider, generated revenues of $131.9 billion in 2019.

On August 27, 2020, Verizon announced a $1 million donation to aid Hurricane Laura relief efforts in Louisiana and Texas. The funds will be split equally between the American Red Cross and the Community Foundation of Southwest Louisiana. Verizon's CEO, Hans Vestberg, emphasized the company's commitment to helping affected communities. Additionally, from August 27 to September 1, Verizon will provide unlimited calling, texting, and data to customers in specific areas impacted by the hurricane. The Verizon Response Team is active in the region, coordinating resources for first responders.

Verizon's network remains operational amid the aftermath of Hurricane Laura, providing vital services to affected customers in Louisiana and Texas. While some sites are down, backup generators are in place to maintain connectivity. From August 27 to September 1, Verizon is offering unlimited calls, texts, and data to consumers and small businesses in nine parishes. The company is actively collaborating with emergency management teams and deploying a response team to assist in recovery efforts. Retail hours may be reduced due to the storm.

Verizon customers can now support injured veterans via Wounded Warrior Project (WWP) through an 'Add Donation' option when paying their bills online or via the My Verizon app, effective August 27, 2020. Customers can choose to round up their bill or donate amounts ranging from $1 to $100. This initiative is powered by Round It Up America. Verizon has a longstanding commitment to veterans and has been named the #1 Military Friendly company for three consecutive years. The program aims to assist in the care of veterans recovering from service.

Verizon is offering unlimited calling, texting, and data to consumer and small business customers in Louisiana and Texas who are affected by Hurricane Laura. This service will be available from August 26 through September 1, 2020. The impacted areas include several parishes in Louisiana and counties in Texas. Verizon's Response team is on standby 24/7 to support first responders with charging stations and special equipment. Retail store hours may be affected due to the storm. Verizon continues to prioritize connectivity for those preparing for and responding to the hurricane.

Verizon has released its Green Bond Report, detailing the allocation of nearly $1 billion raised through its first green bond issuance. The report indicates investments of $637 million in renewable energy, $319 million in green buildings, $37 million for energy efficiency, and $1 million for biodiversity and conservation. Verizon was the first U.S. telecom to issue a green bond in February 2019. The report is accessible on their investor relations site, highlighting Verizon's commitment to sustainability as it celebrates 20 years of operation.

Verizon Communications has announced four new long-term renewable energy purchase agreements (REPAs) totaling over 450 MW of renewable capacity, advancing its goal to achieve carbon neutrality in operations by 2035. The agreements include two with Brookfield Renewable for 160 MW from repowered wind facilities in New York, expected operational by 2021, and two with First Solar for 296 MW from solar facilities, projected to be operational by late 2022. These initiatives align with Verizon's commitment to source renewable energy for 50% of its total electricity consumption by 2025.