Verizon Comms Stock Price, News & Analysis

Verizon Communications (VZ) announced the resignation of Manon Brouillette, CEO of Verizon Consumer Group, effective December 5, 2022. Brouillette had led the group since January 2022, which was established to enhance customer-focused services. Verizon's chairman and CEO, Hans Vestberg, will now oversee the Consumer Group, emphasizing the need for alignment between network products and operational performance. In 2021, Verizon reported revenues of $133.6 billion, reflecting its position as a leading provider of technology and communication services globally.

Verizon is participating in the Los Angeles Comic Con from December 2-4, 2022, offering attendees opportunities to earn in-game items for League of Legends. Visitors to the Verizon booth can collect a download code for a Masterwork Chest, enhancing their in-game experience. In addition, Verizon is promoting enticing holiday deals, including trade-in offers of up to $1,000 for 5G phone purchases and bundled gaming accessories such as the Ultimate Mobile Gaming Bundle.

Sowmyanarayan Sampath, executive VP for Verizon and CEO of Verizon Business, will speak at the virtual Arete Tech Conference 2022 on December 5 at 9:20 a.m. ET. A replay will be accessible post-event on Verizon’s Investor Relations website. Verizon, a leading technology and communications provider, generated revenues of $133.6 billion in 2021. Headquartered in New York City, the company offers data, video, and voice services on reliable networks, focusing on customer demands for mobility and security.

On December 5, 2022, Hans Vestberg, CEO of Verizon (VZ), will address attendees at the UBS Global TMT Conference at 8:20 a.m. ET. His presentation will be available via webcast on Verizon’s Investor Relations website.

Verizon, a leading provider of technology and communications services, reported revenues of $133.6 billion in 2021 and is headquartered in New York City. The company specializes in data, video, and voice services, meeting demand for reliable connectivity and security.

Verizon Communications has announced a quarterly dividend of 65.25 cents per share, maintaining its previous payout level. This dividend is payable on February 1, 2023, for shareholders on record by January 10, 2023. The company, with about 4.2 billion shares outstanding, has returned approximately $8.1 billion in cash dividends over the last three quarters. Verizon's revenue was reported at $133.6 billion in 2021, emphasizing its strong position in the technology and communications sector.

Verizon has announced the launch of a reCharge Gaming Lounge at MetLife Stadium for select football games in December. The lounge will offer fans a unique pre-game experience, featuring charging stations, gaming activities, and appearances by former NFL players, including Madden NFL 23 gameplay. Additionally, attendees can learn about the Verizon Visa Card, which provides rewards on purchases, including 4% on groceries and 3% on dining. The lounge will operate from 11:00 AM to 3:00 PM during three home games on December 4, 11, and 18.

Verizon and Ericsson will showcase 5G innovations at the Footprint Center on December 6. The event features executives from major companies including Amazon Web Services and Ticketmaster, demonstrating various 5G applications like real-time container tracking and crowd analytics. Verizon's focus is to highlight how 5G technology can enhance productivity and innovation across industries. Moreover, Verizon has expanded its 5G Ultra Wideband deployment in Phoenix, improving connectivity for customers and public safety agencies.

Verizon Small Business Digital Ready has launched a program aimed at supporting Hispanic-owned small businesses by providing access to Spanish language resources. This initiative includes online courses, expert coaching, and personalized mentorship.

Eligible businesses can apply for a $10,000 grant from a total fund of $250,000, with a deadline of January 13, 2023, for applications. By 2030, Verizon aims to assist 1 million small businesses in thriving within the digital economy. Special discounts are also available for Business Internet customers until December 9, 2022.

Verizon Business announced a global partnership with Wipro Limited to enhance network modernization and cloud transformation through a Network-as-a-Service (NaaS) model. This collaboration aims to shift customers from traditional hardware dependency to an automated, flexible network service. An IDC survey indicated that 69% of technology decision-makers plan to invest in network transformation within the next year. Verizon's expertise is highlighted as a leader in network services, while Wipro aims to deliver operational efficiencies and agility through this innovative offering.