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 Frontline has completed a major communications upgrade for the New York City Fire Department (FDNY), replacing their legacy Centrex phone system with a modern VoIP solution. The implementation involved migrating over 2,500 existing Centrex telephone lines to Verizon's One Talk T67 LTE devices, primarily at FDNY Headquarters.
The FDNY, which operates across NYC's 302 square miles with 218 firehouses and 39 EMS stations, has operationally tested the solution at various locations and confirmed its reliability. The new system enables seamless communication between office workers and field personnel across the department's facilities.
This implementation represents a significant partnership between Verizon (NYSE: VZ) and the largest fire department in the United States, completed within a short timeline to ensure continuous emergency service delivery across New York's five boroughs.
Verizon has announced the launch of Samsung's Galaxy S25 series with significant promotional offers. The lineup includes the Galaxy S25 Ultra ($1,299.99), Galaxy S25+ ($999.99), and Galaxy S25 ($799.99), available through Verizon's Device Payment plan over 36 months at 0% APR.
Current and new customers can get a Galaxy S25+ or S25 for free, or $1,000 off the S25 Ultra with eligible trade-in on the Unlimited Ultimate plan. The offer includes a free Galaxy Watch7 or Galaxy Tab S9 FE 5G with required service plans. The phones feature advanced AI capabilities, including Seamless actions across apps, Now Brief, and Satellite SOS emergency messaging.
Business customers can access special offers, including free Galaxy S25+ or S25 with trade-in and Business Unlimited plan. The devices support Verizon's 5G network, offering enhanced upload speeds and improved video-calling experience.
Verizon Communications (NYSE, Nasdaq: VZ) has announced it will release its fourth-quarter 2024 earnings on Friday, January 24, 2025. The company will host a webcast at 8:30 a.m. Eastern Time to present results and provide a business update. Earnings materials will be available at 7:00 a.m. ET on Verizon's Investor Relations website.
The materials will include detailed information on Q4 and full-year results, management's commentary with recording and transcript, earnings news release, and financial tables. The company reported revenues of $134.0 billion in 2023.
UFC and Total Wireless have announced a new marketing partnership for 2025, making Total Wireless the Official Wireless Provider of UFC in the United States. The partnership will feature Total Wireless branding at all UFC Pay Per Views and Fight Nights hosted in the U.S.
The agreement includes prominent brand placement inside the Octagon®, integration into Pay Per View broadcast features including Fighter Walkouts, and collaboration on original content for UFC's digital and social channels that reach over 290 million users worldwide. The partnership also includes an annual Brand Ambassador program featuring UFC athletes.
The partnership will launch at UFC® 311: MAKHACHEV vs. TSARUKYAN 2 on January 18, 2025, at the Intuit Dome in Los Angeles, featuring two championship bouts.
Honeywell (HON) and Verizon have announced a strategic collaboration to launch a bundled managed service solution for retail and logistics companies. The offering combines Honeywell's hardware, software, and services with Verizon's 5G connectivity to streamline retail operations.
The solution, available in early 2025, aims to simplify procurement cycles and enhance business resiliency. Key benefits include simplified procurement through a single point of contact, enhanced 5G connectivity, comprehensive device management, improved operational efficiency, and scalability for businesses of all sizes.
A practical example demonstrates how the bundle can help retailers maintain operations during power outages: a garden center equipped with Honeywell handheld computers, Smart Pay software, and Verizon 5G can continue processing sales even without traditional internet connectivity, preventing revenue loss.
Verizon Foundation has announced a $1 million donation to support communities affected by Southern California fires and windstorms. The donation is equally split between the American Red Cross ($500K) and the Los Angeles Fire Department Foundation ($500K).
The American Red Cross funding will support emergency relief efforts in the LA area, while the LAFD Foundation portion will help purchase essential tools and safety equipment for firefighters, including hydration backpacks, wildland brush tools, and emergency fire shelters. The donation aims to provide immediate support for containment efforts and community safety during the ongoing Palisades Fire.
Verizon (VZ) has been named a Leader in Gartner's first-ever Magic Quadrant for 4G and 5G Private Mobile Network Services, standing as the only U.S.-based mobile carrier in the Leaders Quadrant. The recognition is based on Verizon's Ability to Execute and Completeness of Vision in the private mobile network services market.
The evaluation criteria heavily weighted customer experience, sales execution/pricing, and product/service capabilities for Ability to Execute, while market understanding, innovation, and offering strategy were key factors for Completeness of Vision. Gartner defines PMN services as private wireless network deployment, operation, and management services for exclusive organizational use, providing dedicated connectivity in enterprise settings.
Verizon (NYSE: VZ) announces relief measures for customers affected by Southern California wildfires and windstorms. The company is waiving domestic call, text, and data usage charges from January 9-18, 2025, for both prepaid and postpaid customers in six affected counties: Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Ventura.
For prepaid customers using Verizon's subsidiary brands (Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page Plus), service end dates are being extended to January 18, 2025. The company is also deploying portable generators to address service interruptions caused by wildfire conditions and Public Safety Power Shutoffs in the Los Angeles area.
The relief applies automatically to consumer and small business customers with 50 lines or less, with no action required from customers. Those whose billing cycles have already closed will receive automatic credits.
Verizon has announced its response to multiple wildfires in Southern California, including the Palisades, Eaton, Hurst, and Woodley fires. The company is offering unlimited call/text/data services to customers in the hardest-hit areas and has deployed free Wi-Fi and charging stations at three community locations.
The company's network infrastructure includes backup power solutions and redundancy measures across critical sites. Verizon maintains a fleet of over 550 mobile assets and nearly 300 satellite-based assets ready for rapid deployment. The Verizon Frontline Crisis Response Team provided support to fire response operations, delivering nearly 2,000 solutions to fire camps across 14 states in 2024. The team responded to more than 1,500 requests from nearly 850 different agencies in 46 states throughout the year.
Verizon has achieved a breakthrough in mobile technology, reaching 5.5 Gbps download speeds in collaboration with Samsung Electronics and MediaTek. This achievement was made possible through carrier aggregation technology, combining six separate channels of sub 6 GHz spectrum for enhanced data transmission efficiency.
The advancement comes in response to evolving customer needs, as mobile data traffic is projected to increase more than fourfold by 2030, exceeding 5,400 exabytes. The speed achievement demonstrates Verizon's capability to support emerging trends in mobile consumption, including video calls replacing traditional voice calls, streaming entertainment, cloud gaming, and 5G private networks for factory operations.
To put the speed in perspective, 5.5 Gbps allows downloading 266 Taylor Swift albums per minute or streaming 3,056 Hulu episodes per hour.