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. (NYSE, Nasdaq: VZ) generates a steady stream of news that spans technology, communications, sports partnerships, customer loyalty programs and financial updates. Headquartered in New York City and serving countries worldwide as well as nearly all of the Fortune 500, Verizon regularly issues announcements about its network capabilities, enterprise solutions, consumer offers and shareholder actions.
Investors and followers of VZ news will find coverage of quarterly earnings dates and related webcasts, where Verizon presents results and provides business updates. These releases often include discussions of non‑GAAP financial measures such as Consolidated EBITDA, Adjusted EBITDA, Adjusted EPS and free cash flow, along with explanations of how management uses these metrics. Dividend declarations from the Board of Directors, including details on record and payment dates, also appear in Verizon’s news flow and reflect its approach to shareholder returns.
Beyond financial information, Verizon news highlights its role in major sports and entertainment properties. As the Official 5G Network of the NFL and the Official Telecommunication Services Sponsor of FIFA World Cup 2026™, Verizon announces customer sweepstakes and ticket programs tied to events like Super Bowl LX and FIFA World Cup 2026™ matches. Programs such as Verizon Access and Verizon Ultimate Access, accessed through the My Verizon app, give customers opportunities to win game tickets, on‑field experiences and other exclusive rewards.
Verizon Business announcements showcase large-scale network and venue projects, including Wi‑Fi 6E and LAN upgrades for stadiums such as Empower Field at Mile High, and high‑capacity optical networks for media organizations like Monumental Sports & Entertainment. Other news items cover strategic collaborations, such as the Verizon AI Connect deal with Amazon Web Services (AWS) to build new long‑haul, high‑capacity fiber routes that support AI and cloud workloads.
For the consumer and prepaid segments, news from brands within the Verizon Value portfolio, such as Total Wireless, describes new device financing programs, 5G‑covered no‑contract offerings and initiatives aimed at expanding access to premium devices. Together, these stories provide a broad picture of how Verizon engages with customers, partners and investors across its wireless, broadband, enterprise and value segments. Bookmarking the VZ news feed on Stock Titan can help users follow earnings announcements, dividend decisions, major network projects and customer-focused campaigns as they are reported.
Verizon is providing connectivity solutions to the East Side Mosquito Abatement District in Northern California to combat mosquitoes and vector-borne diseases. The partnership implements Verizon Mobile Device Management for field devices and Verizon Connect Reveal fleet tracking software for 22 vehicles. The technology enables real-time data sharing, GPS-based spray calibration, and improved operational efficiency. The District reports reduced mosquito populations, increased public safety, and decreased chemical and fuel costs since implementing these solutions in 2020.
Verizon (VZ) and Wounded Warrior Project® announced a partnership to support at least 1,000 veterans with upskilling through Verizon's free Skill Forward program between Veterans Day 2024 and 2025. The program offers over 250 free credentialed courses through edX from universities, covering 80+ professional certificate programs in AI, business, coding, IT, and more. The initiative addresses veteran underemployment, which affects 33% of veterans. Additionally, Verizon offers military discounts including mobile plans starting at $25/month with 4 lines and Fios Home Internet from $45/month.
Frontier Communications (NASDAQ: FYBR) has filed an investor presentation detailing the benefits of its proposed acquisition by Verizon. The all-cash offer of $38.50 per share represents a 37% premium to the pre-announcement price and a 66% premium to the past year's average. The deal follows a comprehensive strategic review where Frontier's Board explored multiple alternatives, including remaining independent. The offer represents a 54% improvement from initial valuations and was deemed superior to all other options, including Frontier's standalone plan which faces challenges such as negative cash flows through 2027 and high leverage. The Board unanimously recommends stockholders vote in favor of the transaction.
Verizon Frontline has introduced two new deployable asset prototypes: the Off-Grid, Cross-Communications Network trailer (OXEN) and Emergency Response Incident Command Center vehicle (ERICC). These assets join Verizon's fleet of nearly 600 deployable units and were recently tested at both Republican and Democratic National Conventions.
The OXEN provides 5G Ultra Wideband, 4G LTE, and satellite connectivity, featuring solar, shoreline, or diesel power options. The ERICC offers a mobile workspace for 3-5 people with off-grid communications capabilities. Both assets are designed to support first responders' mission-critical communications and are available through the Verizon Frontline Crisis Response Team at no cost to supported agencies.
Verizon (NYSE, Nasdaq: VZ) has updated its broadband strategy, announcing new goals for fixed wireless subscribers, household targets, and broadband offerings. The company aims to double its fixed wireless subscribers to 8-9 million by 2028, expanding coverage to 90 million households. Verizon's fiber network is expected to grow to 35-40 million passings over time, bolstered by its planned acquisition of Frontier.
Key highlights include:
- Verizon reached its fixed wireless access subscriber target 15 months ahead of schedule
- The company had nearly 4.2 million fixed wireless subscribers at the end of Q3 2024
- Verizon plans to commercially launch an advanced mmWave solution for high-population areas
- The Frontier acquisition is expected to bring in 9-10 million fiber passings
- Verizon targets up to 650,000 annual Fios builds in 2025, potentially increasing to 1 million or more after the Frontier acquisition
The company maintains its capital allocation priorities, expecting capital expenditures of $17.5-$18.5 billion for 2025.
Verizon (VZ) reported strong third-quarter 2024 results, showcasing customer growth in mobility and broadband. Key highlights include:
- Wireless service revenue of $19.8 billion, up 2.7% year-over-year
- 239,000 retail postpaid phone net additions
- 389,000 total broadband net additions
- Fixed wireless subscriber target achieved 15 months ahead of schedule
- Total operating revenue of $33.3 billion, flat compared to Q3 2023
- Consolidated net income of $3.4 billion, down from $4.9 billion in Q3 2023
- Adjusted EPS of $1.19, compared to $1.22 in Q3 2023
Verizon remains on track to meet its full-year 2024 financial guidance, with wireless service revenue and adjusted EBITDA trending at or above the midpoint of the guided range.
UScellular has announced the sale of select spectrum assets for $1.0 billion. The company has reached an agreement with Verizon Communications to sell 663 million MHz POPs of Cellular spectrum, 11 million MHz POPs of AWS, and 19 million MHz POPs of PCS licenses for $1.0 billion in cash. Additionally, UScellular has agreements with two other mobile network operators to sell 12 million MHz POPs across CBRS, C-Band, and 700 MHz B/C Block bands.
These transactions are part of UScellular's objective to monetize spectrum not included in the proposed sale to T-Mobile. The deals are subject to regulatory approvals and customary closing conditions. Following these transactions, UScellular will retain 3.4 billion MHz POPs of low and mid-band spectrum and 17.2 billion MHz POPs of mmWave spectrum. The company continues to seek opportunities to monetize these retained assets.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report its third-quarter 2024 earnings on Tuesday, October 22. The company will release detailed information, including management commentary, earnings news release, and financial tables, at 7:00 a.m. ET on its Investor Relations website. Additionally, Verizon will host a live sell side analyst meeting from 9:00 a.m. to approximately 10:30 a.m. ET on the same day.
During this event, Hans Vestberg, Chairman and CEO, along with senior leadership team members, will discuss Q3 2024 results, provide a strategic broadband update, and hold a Q&A session with analysts. Access instructions and presentation materials will be available on Verizon's Investor Relations website. In 2023, Verizon generated revenues of $134.0 billion, serving millions of customers worldwide and nearly all Fortune 500 companies.
Verizon Business is returning to the HLTH 2024 event in Las Vegas to showcase its latest 5G healthcare solutions. At booth #3028, the company will demonstrate how its technology is transforming patient care through enhanced connectivity, security, and partnerships. Verizon Business is focusing on building a connected healthcare ecosystem using its 5G network, Neutral Host Networks, private wireless, and multi-access edge computing (MEC).
The company is driving innovation in telehealth, remote patient monitoring, and connected medical devices. Verizon Business has partnered with major healthcare institutions like UC Davis, Cleveland Clinic, and John Hopkins University. On October 21, Gary Lynch, Global Practice Lead & CTO for Healthcare, Insurance, and Life Sciences at Verizon Business, will present on AI and 5G-powered health solutions for elder care.
Verizon is hosting its second Washington, D.C.-area 'Connected By Culture' event on October 17, 2024, at the Verizon store in Rockville, MD. The event, themed 'Innovadores del Futuro – Empowering Rising Latino Community Tech Leaders,' celebrates $73,300 in new Verizon donations to local Latino-serving organizations. It aims to connect community members with career and networking opportunities from 3 to 6 p.m.
The event will feature:
- Top leaders supporting the next generation of Latino community leaders in tech and entrepreneurship
- Free professional headshots
- Networking opportunities
- A workforce development panel discussion
- A performance by Baila4Life dance ensemble
Verizon's donations support six local organizations: Maryland Hispanic Chamber of Commerce, Latino Economic Development Center, ignITe Hub Montgomery College, Baila4Life, Latin American Youth Center, and Maryland Women's Business Center. The event aligns with Verizon's responsible-business plan and commitment to workforce development, including the Verizon Skill Forward program offering free online courses.