Verizon Comms Stock Price, News & Analysis

Verizon has achieved a remarkable milestone in 5G technology by reaching 1.26 Gbps upload speeds, further enhancing customer experiences for activities like video chats and live streaming. The trials utilized a combination of 20 MHz LTE and 400 MHz mmWave spectrum, demonstrating the company's commitment to optimizing performance across various spectrum bands. With the acquisition of C-band licenses, Verizon now holds a total of 2,035 MHz of spectrum, leading the industry in spectrum efficiency. Customers can anticipate peak download speeds of 2.4 Gbps as additional spectrum becomes available, significantly enhancing service capabilities across over 175 million users.

Verizon's 5G network has been recognized as the most reliable in the nation, according to the latest RootMetrics® State of Mobile Union Report. This marks the fourth consecutive testing period where Verizon ranks highest for its 5G service. Notable achievements include a 31% increase in download speeds and winning 85% of awards in major metro markets. Currently, Verizon's 5G Ultra Wideband service covers over 175 million people, with plans to reach 200 million by March's end. The company's ongoing network enhancements, focused on security and innovation, are aimed at improving customer experiences.

Verizon Enhances Network in Kansas City

Verizon has rolled out significant upgrades in Kansas City, including 5G Ultra Wideband service deployed at 75% of cell sites. This technology promises download speeds of up to one gigabit per second, boosting capacities for data-heavy applications such as mobile gaming and HD streaming. A permanent Distributed Antenna System is being installed at Kansas City International Airport, enhancing connectivity for travelers. Additionally, Verizon is increasing fiber capacity at local cell sites, allowing for ten times more data traffic. These enhancements are aimed at supporting upcoming football events and improving overall user experience.

Verizon has launched an enticing preorder offer for the Samsung Galaxy S23 series, allowing customers to get a Galaxy S23 for free or receive up to $800 off with a trade-in on select 5G Unlimited plans. Customers will also receive a complimentary Galaxy Watch5 and Galaxy Tab S7 FE 5G, along with a $200 Verizon eCard. Preorders begin today, with the devices available in stores from February 17. The Galaxy S23 lineup includes the Ultra, S23+, and S23, featuring impressive photography capabilities and enhanced gaming performance thanks to the Snapdragon 8 Gen 2 Mobile Platform. Accessory discounts are also offered during this limited-time promotion.

Verizon's network outperforms competitors in performance, accessibility, and reliability, as evidenced by RootMetrics' latest tests. In the second half of 2022, Verizon was undefeated in 95% of 125 metro drive tests, securing top marks in 90% for network accessibility and 89% for reliability. The company plans to expand 5G Ultra Wideband coverage in 2023, especially in rural areas, while enhancing capacity through increased C-Band spectrum deployment. Verizon emphasizes continuous innovation and investment to provide a robust network experience, aiming to accommodate the growing demands for advanced technology and customer services.

Verizon Business has opened submissions for the fourth annual BlueJeans by Verizon Customer Awards, aimed at recognizing exceptional video use in enhancing workplace communication. Nominations are open until March 31, 2023, across four categories: Top Workplace Modernization, Biggest Impact, Most Innovative Use Case, and Best Use of BlueJeans Events. Winners will be revealed on Verizon’s Up to Speed video podcast in May 2023. The awards celebrate customers excelling in change management and creative video application using BlueJeans platforms, showcasing the flexibility and innovation in the current work environment.

NORTHAMPTON, MA / ACCESSWIRE / January 26, 2023 / Madrid Neighborhood School in Phoenix has transformed its parent tech classes from a handful of attendees to full classrooms. The Verizon Innovative Learning Lab now engages parents with tools their children use, such as augmented reality, 3D printing, and artificial intelligence. Dr. Tamara Campbell notes that this initiative improves digital literacy while allowing parents to discuss concerns about digital safety. Students also teach parents, enhancing their own skills. The program aims to inspire community growth in tech engagement, fostering a collaborative learning environment.

Valentine's Day promotions are live at Verizon, offering substantial discounts and deals on a variety of tech products. Customers can enjoy a buy one, gift one promotion on select 5G smartphones when activating a new line on select plans. Notable offers include:

• $400 for switching two lines
• Discounts on smartwatches and gaming accessories
• 35% off on Bang & Olufsen products

Verizon reported a revenue of $136.8 billion in 2022, solidifying its position as a leading provider of technology and communication services. These promotions aim to enhance customer engagement during the Valentine's season.

Verizon Communications reported strong fourth-quarter and full-year 2022 results, demonstrating robust performance in wireless service revenue and broadband additions. In Q4, the company achieved earnings per share (EPS) of $1.56, a significant rise from $1.11 in Q4 2021. Full-year 2022 EPS stood at $5.06, down from $5.32 in 2021. Total operating revenue increased to $136.8 billion for the year, reflecting a 2.4% growth. Notably, wireless service revenue rose by 5.9% year-over-year, fueled by strong postpaid net additions, with 1.43 million retail postpaid additions in Q4 alone. Looking ahead, Verizon forecasts 2023 wireless service revenue growth of 2.5% to 4.5%.