Verizon Comms Stock Price, News & Analysis

Verizon has donated $15,000 to Gateway Global, a St. Louis nonprofit focused on STEM-based apprenticeship education and workforce development. The donation coincides with the completion of a mentoring program where Verizon network team members shared their experiences with local students. Gateway Global prepares youth for high-quality jobs in geo-spatial careers, supporting the $2 billion National Geo-Spatial Intelligence Agency headquarters under construction in North St. Louis.

The partnership, established in 2022, culminated in a STEM event showcasing drone demos and Verizon's 5G Network technologies. Verizon's support aims to foster entry-level tech jobs and career advancement in critical infrastructure. The collaboration highlights the impact of mentorship in supporting the future workforce in St. Louis.

Verizon Business has been awarded a $77.7 million task order to modernize the National Weather Service's (NWS) network infrastructure. The project aims to transition NWS's voice and data services from the Networx contract to the Enterprise Infrastructure Solutions (EIS) vehicle. This upgrade will support NWS's critical mission of providing weather, water, and climate data, forecasts, and warnings.

The task order focuses on increasing cost-effectiveness, reducing total ownership costs, improving network performance, and incorporating new technologies. This award follows Verizon's recent three-year Cooperative Research and Development Agreement with NOAA to explore rapid deployment of uncrewed aircraft systems for storm damage assessment.

As a NOAA/NWS Weather Ready Nation Ambassador, Verizon supports efforts to enhance national readiness against extreme weather events. Verizon Communications Inc. (NYSE, Nasdaq: VZ) generated revenues of $134.0 billion in 2023.

Verizon has launched the Siyata SD7, a mission-critical push-to-talk device, as part of its stocked handset portfolio. This collaboration with Siyata Mobile Inc. (SYTA) aims to revolutionize communication for first responders and enterprise clients across the United States. The SD7 is a purpose-built 'cellular radio' offering excellent coverage, improved functionality, and low costs.

Key features of the Siyata SD7 include:

• Mission-Critical Push-to-Talk (MCPTT)
• Rugged design for field use
• Emergency button and GPS tracking
• Seamless integration with Verizon Frontline
• Low start-up and operating costs

Verizon Frontline's vice president, Cory Davis, expressed excitement about bringing this potential game-changer to customers, while Siyata's CEO, Marc Seelenfreund, is optimistic about the opportunities for the SD7 as a stocked item by Verizon.

Verizon (NYSE: VZ) is enhancing the NFL fan experience with exclusive offers for customers. Key highlights include:

• NFL Sunday Ticket from YouTube and YouTube TV, free for eligible customers (up to $449 value)
• $10/month discount on YouTube TV Base Plan for home internet customers
• Weekly ticket drops for every NFL game through Verizon Access
• Offers available for both mobile and home internet customers

These promotions aim to provide fans with comprehensive access to NFL games, whether through out-of-market streaming or in-person attendance. Verizon's myPlan and myHome platforms facilitate these offers, reinforcing the company's position as a key player in sports entertainment connectivity.

Verizon Communications (NYSE, NASDAQ: VZ) has initiated private exchange offers for 10 series of outstanding notes, totaling up to $2.5 billion in new notes maturing in 2035. The offers target qualified institutional buyers and non-U.S. persons. To receive the total exchange price, holders must tender their old notes by August 2, 2024. The exchange price includes an early participation payment and accrued coupon payments. Verizon will use a waterfall methodology to accept notes based on specified priority levels, capped at $2.5 billion but subject to potential increase. The new notes will bear interest at a rate tied to the 4.375% U.S. Treasury Security due May 2034, plus 100 basis points. The offers expire on August 19, 2024, with settlement dates following shortly after. The new notes will not be registered under the Securities Act and are only available to eligible holders.

Verizon (NYSE, Nasdaq: VZ) reported strong Q2 2024 results, showcasing growth in wireless service revenue and broadband subscribers. Key highlights include:

- Total wireless service revenue of $19.8 billion, up 3.5% year-over-year
- Retail postpaid phone net additions of 148,000
- Total broadband net additions of 391,000, including 378,000 fixed wireless
- Consolidated revenue of $32.8 billion, up 0.6% from Q2 2023
- Earnings per share of $1.09, with adjusted EPS of $1.15

Verizon remains on track to meet its full-year 2024 financial guidance, projecting wireless service revenue growth of 2.0-3.5% and adjusted EBITDA growth of 1.0-3.0%.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced it will report its second-quarter 2024 earnings on Monday, July 22. The company will present results via a webcast starting at 8:30 a.m. Eastern Time. Access instructions and presentation materials will be available at 7:00 a.m. on Verizon's Investor Relations website.

The materials will include detailed commentary on Q2 results, an earnings news release, and financial tables. Verizon, headquartered in New York City, generated revenues of $134.0 billion in 2023. The company serves millions of customers worldwide, including nearly all Fortune 500 companies, providing mobility, reliable network connectivity, and security services.

Verizon (NYSE, Nasdaq: VZ) is celebrating a new partnership with the San Francisco 49ers by hosting an event featuring linebacker Fred Warner at its Blossom Hill retail location in San Jose on July 22, 2024. The event, from 5:00 to 6:00 p.m., offers fans autograph signings, photo opportunities, and exclusive giveaways.

This collaboration aims to enhance fan experiences both on and off the field, leveraging Verizon's technology and the 49ers' dedication to excellence. The partnership will provide unique, money-can't-buy experiences through Verizon Access rewards, demonstrating Verizon's commitment to connecting communities with their passions.

Verizon (VZ) has launched an exclusive streaming offer for its customers, bundling Netflix's Premium Plan with Peacock Premium for the first time. This -time deal allows Verizon customers to purchase one year of Peacock Premium and receive one year of Netflix's Premium plan for free, representing a $275 value. The offer aims to provide Verizon customers with significant savings on popular streaming content, including hit shows, movies, live sports, and upcoming events like the 2024 Paris Olympics. This strategic move by Verizon enhances its value proposition in the competitive telecommunications market, potentially attracting new customers and retaining existing ones through exclusive entertainment partnerships.