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 (NYSE, NASDAQ: VZ) announced early participation results for its private exchange offers of 10 series of notes maturing between 2025-2028. As of August 2, 2024, holders of the Old Notes tendered them for newly issued notes due 2035 (New Notes). The early participation deadline is extended to August 19, 2024, matching the expiration date of the offers.
The company will settle all Old Notes tendered by the original early participation date on August 9, 2024. The maximum aggregate principal amount of New Notes to be issued has not been exceeded, so Verizon will continue to accept Old Notes until the expiration date.
The final settlement date will be two business days after the expiration date. Eligible Holders can only access the Offering Memorandum if they meet specific criteria.
The New Notes will not be registered under the Securities Act and can only be offered or sold under specific exemptions. Global Bondholder Services serves as the Information Agent and Exchange Agent.
SIMPLE Mobile, a no-contract wireless provider on Verizon's network, has launched a -time promotion offering triple the data on select plans for new customers. The $25 plan now includes 15GB, the $30 plan 30GB, and the $40 plan 45GB of data. Additionally, SIMPLE Mobile has enhanced its Lifeline benefits, providing eligible customers with a $10 monthly discount on any plan. This allows qualifying Lifeline customers to get 15GB of high-speed data for just $15/month.
The company has introduced a QR code system for easy Lifeline enrollment at its 5,000 nationwide retailers. SIMPLE Mobile has also refreshed its brand with new fonts, designs, and colors. The company topped the recent Wave7 Research quarterly multi-carrier prepaid dealer survey as the top seller.
Verizon Communications Inc. (NYSE, NASDAQ: VZ) has announced an amendment to its previously announced private exchange offers for 10 series of notes. The key change is an increase in the spread used to determine the interest rate for the new notes, from 100 basis points to 107 basis points over the yield of the 4.375% U.S. Treasury Security due May 15, 2034. All other terms and conditions, including the Early Participation Payment and Early Participation Date (August 2, 2024, at 5:00 p.m. New York City time), remain unchanged. The exchange offers are being made solely through the Offering Memorandum and related documents, subject to applicable securities laws and regulations.
Verizon Frontline's Crisis Response Team has deployed support for over 6,800 first responders battling 15 wildfires in Oregon and Washington. The team provided Satellite Picocell on a Trailer (SPOT) units and nearly 200 other solutions to enhance critical voice and data connectivity in remote areas. This effort is part of nearly 800 responses to support requests from public safety agencies across 44 states in 2024. The team is also assisting with the Durkee Fire, currently the largest wildfire in the contiguous U.S. at over 288,000 acres. Verizon Frontline offers 24/7 emergency assistance at no cost to supported agencies, providing portable cell sites, Wi-Fi hotspots, and charging stations to enable communications and boost network performance.
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%.
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