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 remains prepared for Hurricane Hone's impact on Hawaii, demonstrating its commitment to keeping communities and first responders connected. The company's Response Team has conducted year-round preparations, including emergency drills, network infrastructure fortification, and resource mobilization for rapid response.
Verizon's network is engineered to withstand severe weather, featuring redundancy in critical components. The company has over 550 portable network assets, 300 satellite-based portable network assets, and more than 1,000 mobile generators ready for deployment. The Verizon Frontline Crisis Response Team, composed primarily of former first responders and military personnel, stands ready to support public safety agencies at no cost.
In 2023, Verizon supported agencies during three major hurricanes, and in the first seven months of 2024, the team has responded to nearly 800 requests from over 400 agencies in 44 states. Verizon also supports its employees through the VtoV Employee Relief Fund, providing aid during natural disasters or emergencies.
Simple Mobile, a Verizon no-contract wireless provider, has introduced its LifeLine discount program for California residents. Eligible customers can get a 30GB wireless plan for as low as $1/month when combined with the Federal Lifeline program. This comes as Simple Mobile launches a promotion offering 3x the high-speed data on select plans.
Key points:
- California LifeLine program offers $29 off the $30 plan price
- QR code application process at authorized retailers
- Automatic qualification for SNAP, Medicaid, and Veterans Pension beneficiaries
- Over 700 locations in California and 5,000 nationwide
- Expansion of Lifeline program across the U.S.
Verizon (NYSE: VZ) has announced the expiration and final results of its private exchange offers for 10 series of notes.
The offers, which expired on August 19, 2024, involved the exchange of old notes for newly issued notes due 2035. All conditions for the exchange have been met or waived. Verizon accepted all notes validly tendered after the original early participation date of August 2, 2024.
Key figures include:
- Total exchange price for fixed rate notes varied from $933.66 to $1,008.93 per $1,000 principal of old notes.
- New notes have a coupon rate of 4.780% and a principal amount of $25,819,000.
- Final settlement date is August 21, 2024.
Verizon has entered into a registration rights agreement for the new notes and appointed Global Bondholder Services as the exchange and information agent.
Verizon (NYSE, Nasdaq: VZ) announces the launch of the Google Pixel 9 smartphone family, available for preorder now. The lineup includes Pixel 9, Pixel 9 Pro, Pixel 9 Pro XL, and Pixel 9 Pro Fold, featuring advanced AI capabilities and 5G connectivity. Verizon offers attractive deals, including:
1. Up to $800 off with qualified trade-in for new and existing customers
2. Free memory upgrade for Pixel 9 and Pixel 9 Pro XL
3. Pixel Watch 3 for as low as $5/month with 5G Android smartphone purchase
4. NFL Sunday Ticket from YouTube and YouTube TV included with new line activation on select plans
The devices will be available in stores starting August 22 for Pixel 9 and Pixel 9 Pro XL, and September 4 for Pixel 9 Pro and Pixel 9 Pro Fold. Verizon also introduces exclusive perks like YouTube Premium for $10/month and a 30-day free trial for new customers.
A new report by Incisiv, Verizon (VZ), and Ericsson reveals that distribution companies are focusing on technology investments to enhance efficiency and labor productivity. The study, surveying 134 executives from retail, manufacturing, and logistics industries, found that:
1. 78% of companies prioritize managing operational costs.
2. 86% face labor shortages and workforce management challenges.
3. 81% plan to deploy mobile devices by 2026 for improved productivity.
4. 65% say their current network cannot support needs for the next 24 months.
Companies are investing in technologies like RFID, robotics, and AI to address these challenges and stay competitive in the evolving distribution landscape.
Verizon has partnered with the Atlanta Hawks and State Farm Arena as the Official 5G Wireless Partner for the 2024-25 regular season. This collaboration aims to enhance fan experience and support community engagement in Atlanta. Verizon has added 4G LTE and 5G Ultra Wideband coverage throughout the arena, focusing on providing 5G service using its premium mmWave spectrum.
Key points of the partnership include:
- Technology upgrades to improve event entry and concession experiences
- Exclusive access for Verizon customers to State Farm Arena events through Verizon Access
- Enhanced connectivity for fans during games and events
- Deepening Verizon's commitment to the Atlanta community
This partnership underscores Verizon's dedication to bringing innovative products and services directly to Hawks fans while contributing to Atlanta's cultural and sporting landscape.
Verizon has secured a $4 million task-order agreement with the National Labor Relations Board (NLRB) under the Enterprise Infrastructure Solutions (EIS) contract. The deal involves upgrading and reconfiguring SD-WAN at all 48 NLRB branch offices and headquarters. Verizon will also provide new distributed security infrastructure and cloud hosting services.
This win reinforces Verizon's position as a leading EIS service provider for federal agencies. The company's SD-WAN offering enables organizations to create application-driven, agile, and secure networks while controlling costs. Verizon recently announced a similar 1,000-site rollout for the Commonwealth of Virginia in April.
Verizon (NYSE, Nasdaq: VZ) has announced that Kyle Malady, Executive Vice President and CEO of Verizon Business, will speak at the 27th Annual Oppenheimer Technology, Internet & Communications Conference on August 12, 2024, at 12:25 p.m. ET. The event will be webcast with access instructions available on Verizon's Investor Relations website.
Verizon, headquartered in New York City, is a global telecommunications company serving millions of customers and nearly all Fortune 500 companies. In 2023, Verizon generated revenues of $134.0 billion. The company focuses on providing mobility, reliable network connectivity, and security solutions, continuously innovating to meet current and future customer needs.
Verizon (NYSE, Nasdaq: VZ) has enhanced its network in Fresno, CA, by activating new cell sites that provide 4G and 5G Ultra Wideband service. The upgrade includes three new macro cell sites, improving coverage in South Sunnyside, near Shields Avenue east of Fresno International Airport, and south of Highway 180 and S. Chestnut Avenue. This expansion is part of Verizon's multi-year, nationwide network transformation, aimed at enhancing connectivity for residents, visitors, and businesses.
The network upgrade allows for increased traffic support, improved performance, and the introduction of new products and services. It also expands the footprint of Verizon Home Internet, offering high-speed broadband to more households. Jake Hamilton, VP of Engineering and Operations at Verizon, emphasized the company's commitment to delivering reliable network experiences and meeting customers' connectivity needs.
Verizon Innovative Learning is expanding its education resources for the 2024/2025 school year, introducing new immersive learning content and an esports league. The initiative has already provided digital skills training to nearly 8 million students nationwide. Key highlights include:
- Welcoming 34 new Title I schools and opening 18 new Labs
- Launching a free scholastic high school esports league
- Expanding curriculum with gaming content and esports resources
- Adding new AR apps, Spanish-language activities, and museum partnerships
- Offering teachers discounted myPlan rates starting at $25 per line
Verizon has committed over $1 billion to support digital equity in education, aiming to provide 10 million youths with digital skills training by 2030.
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