Verizon Comms Stock Price, News & Analysis

Blue Apron (NYSE: APRN) has launched Blue Apron PLUS, a new savings program on Verizon's +play platform, marking the first meal-kit service on this platform. Blue Apron PLUS offers Verizon customers exclusive savings: 35% off their first five meal kit orders and 15% off subsequent orders. For a limited time, customers can enjoy three months free, followed by a subscription fee of $4.99 monthly. This partnership aims to attract a new customer base, potentially providing up to $525 in annual savings. Blue Apron's commitment to culinary excellence and customer satisfaction remains a priority.

KOCOWA+, the leading Korean entertainment streaming service, is now available on Verizon’s +play, a new platform designed for easy subscription management and savings. This partnership allows users to access over 25,000 hours of Korean content, including K-Dramas, K-Pop concerts, and more, starting at $6.99. The integration aims to tackle challenges faced by customers in managing multiple subscriptions while providing a centralized platform for shopping and saving. Verizon generated $136.8 billion in revenue in 2022, emphasizing its market presence.

Verizon has announced that starting March 12, 2023, its wireless, 5G Home, and LTE Home customers can receive a complimentary one-year subscription to Netflix’s Premium plan via its subscription hub, +play. This limited-time offer provides $240 in annual savings and is contingent upon purchasing an annual subscription from partner services like Paramount+ and MasterClass. The +play platform now features 10 new partners, expanding its service offerings across entertainment, education, and lifestyle. Executives emphasize that +play strengthens Verizon's commitment to delivering exclusive content and savings for customers.

Verizon has expanded its 5G Ultra Wideband service, now reaching over 200 million people across the United States, equating to roughly two-thirds of the population. This service allows customers to experience rapid download speeds and supports data-heavy activities such as HD streaming and video conferencing.

Joe Russo, EVP and President of Global Networks and Technology, highlighted the network's reliability and its potential to disrupt home and business broadband markets. The company is committed to extending its coverage, especially in rural and suburban areas, enhancing performance, and adopting advanced technologies throughout the year.

Verizon has announced its second Climate Resilience Prize, offering a total of $500,000 to support four climate-tech organizations focused on reducing climate change impacts on vulnerable communities. Applications opened on March 7, 2023, and will close on April 23, 2023. Winners will be selected based on their tech-based solutions and will receive a cash prize of $125,000 each, along with guidance to scale their businesses. This initiative is part of Verizon's Citizen Verizon plan aimed at social impact and sustainable growth.

Verizon recently announced the introduction of the yellow iPhone 14 and iPhone 14 Plus, expanding its color lineup. Pre-orders begin on March 10, with availability starting March 14. Customers can save up to $1,000 on select iPhone models with trade-ins on chosen plans. Additionally, purchasing any iPhone 14 qualifies buyers for a complimentary Apple Watch SE and iPad. Limited-time offers include 25% off Apple MagSafe chargers and $50 off Beats Fit Pro earbuds. Verizon generated $136.8 billion in revenues in 2022 and continues to provide essential communication services globally.