Verizon Comms Stock Price, News & Analysis

Verizon is enhancing its #ACallForKindness campaign this holiday season by distributing free groceries in over 10 cities, starting in Las Vegas. This initiative, in collaboration with local media and grocers, aims to foster community kindness. Additionally, Verizon is offering a free 5G phone with select trade-in offers and Unlimited plans. The company emphasizes value through its Home Internet service, locked in at $25/month for ten years, and premium subscription benefits. The campaign aims to provide support during the holiday season while promoting Verizon's connectivity services.

Verizon Frontline Crisis Response Team participated in a two-day wilderness search and rescue training in North Carolina, alongside over 30 public safety organizations. This initiative aimed to enhance first responders' skills in K-9 and drone operations and land navigation in challenging environments. The team provided essential wireless connectivity using a Satellite Picocell on a Trailer (SPOT) at no cost to local agencies, showcasing Verizon's commitment to public safety. Verizon Communications generated $133.6 billion in revenue in 2021, developing technology and communications services for emergency responders.

OpenLoop Health has partnered with BlueJeans by Verizon to enhance virtual care delivery through a HIPAA-ready platform. This agreement includes access to OpenLoop's certified provider network across all 50 states, offering coverage for 250 million patient lives. The collaboration aims to improve patient interactions, strengthen caregiver-patient relationships, and enhance clinical workflows. OpenLoop's innovative technology is designed to facilitate better healthcare access and efficiency for clients, emphasizing their commitment to quality and compliance in virtual health services.

Verizon has announced the formation of a new division focused on the value market, named the Verizon Value organization. Effective January 1, 2023, Angie Klein will lead this division. The initiative aims to streamline Verizon's prepaid and value brands, including Visible and TracFone, to better serve the needs of 23 million subscribers. This strategic shift is expected to drive efficiencies and enhance customer-centric products, positioning Verizon competitively in a changing market.

Verizon is enhancing its retail experience this holiday season by implementing advanced technology across over 1,400 stores. The launch includes 15,000 mobile POS tablets and 4,000 payment terminals, improving service speed and efficiency.

The new 'View Together' tool offers seamless interactions between customers and agents, while AI-driven data insights optimize staffing for customer service. Businesses can utilize new Retail Lockers for device order pickups. Additionally, the 'Return Anywhere' program simplifies device returns. Promotions include a 5G phone and other devices with trade-ins.

Verizon and Higi have announced a strategic collaboration aimed at enhancing digital health solutions. This partnership will integrate Higi's virtual chronic care services with Verizon's robust 5G connectivity and BlueJeans Telehealth platform. The initiative focuses on improving healthcare access for underserved communities, particularly in rural areas. Plans include establishing a virtual care clinic and comprehensive chronic condition management services. With Verizon's network support, the partnership aims to address health equity and provide remote monitoring for chronic conditions.

The third annual State of Small Business Survey by Verizon reveals that 61% of small and midsize businesses have adopted digital tools to enhance customer experiences. However, 44% of decision-makers express concerns that supply chain issues could negatively impact holiday sales. With almost 40% worried about pricing amid inflation, the need for technology adoption is emphasized. Verizon aims to support 1 million small businesses by 2030 through initiatives like Small Business Digital Ready and special offers during Small Business Days, running until November 23.

On November 16, 2022, Matt Ellis, CFO of Verizon (NYSE: VZ), will speak at the Morgan Stanley European Technology, Media and Telecom Conference at 2:05 a.m. ET. The event will be webcast, accessible via Verizon’s Investor Relations website. Verizon, headquartered in New York City, is a leading global provider of technology and communications services, generating $133.6 billion in revenue in 2021. The company delivers data, video, and voice services, prioritizing customer mobility and network reliability.

Sowmyanarayan Sampath, executive vice president for Verizon (VZ), will speak at the NSR & BCG Innovation Conference on November 14 at 10:30 a.m. ET. Attendees can access the webcast via Verizon’s Investor Relations website.

Founded on June 30, 2000, Verizon is a top global provider of technology and communications services, headquartered in New York City. The company reported revenues of $133.6 billion in 2021, offering data, video, and voice services to meet customer demands.