Verizon Comms Stock Price, News & Analysis

Verizon has announced the launch of +play, a unique platform for users to manage multiple subscriptions from one location, enhancing customer experience. The service includes access to NFL+, a new video streaming subscription by the NFL, allowing fans to watch games live on their devices. +play, set to launch soon, will feature subscriptions from various content providers such as Disney+, HBO Max, and more. This initiative aims to streamline subscription management and could strengthen Verizon's market position while providing customers with valuable content offerings.

Nextdoor and Verizon celebrate National Neighbor Day with insights from a joint study with Kindness.org, exploring impactful acts of kindness among neighbors. Conducted in August 2022, the survey involved over 5,000 participants and assessed 385 kindness acts based on perceived costs and benefits. Key findings highlight that simple, heartfelt gestures are often the most appreciated. The initiative aligns with Verizon's #ACallForKindness campaign, meant to inspire community connection. A full study release is expected later this fall.

Verizon showcases cutting-edge 5G innovations at its Boston Innovation Center on September 28, 2022. The event features demonstrations of advanced technologies in collaboration with Nokia, and includes real-time applications like container tracking, crowd analytics, and tools for first responders. Executives emphasize the transformative potential of 5G for businesses and public safety. Verizon is committed to supporting local communities through initiatives that enhance digital equity, education, and economic opportunities through its Citizen Verizon program.

Verizon and Lockheed Martin collaborate on 5G-enabled drones.

On September 28, 2022, Verizon and Lockheed Martin showcased 5G technology in a demonstration involving 5G-enabled drones for real-time ISR data transfer. This partnership enhances military communications, improving situational awareness and command capabilities. The drones successfully geolocated a target, demonstrating the potential of 5G in military environments. Verizon's low-latency network ensures secure data transfer, supporting the Department of Defense's strategic priorities.

Verizon is providing unlimited talk, text, and data for consumer and small business customers in certain Florida counties affected by Hurricane Ian from September 28 to October 4, 2022. This offer targets customers in counties including Charlotte, Hillsborough, and Lee, among others. The Verizon Frontline Crisis Response Team will also support public safety agencies during the storm at no charge. Customers do not need to take action to access this benefit. The company emphasizes its commitment to assist customers and employees during this critical time.

Verizon has partnered with Yahoo Sports to introduce a weekly recap titled 'Fantasy Flashback: The Week’s Most Reliable Players.' This initiative aims to aid fantasy football participants in making informed decisions by analyzing player performances. The launch coincides with the start of the football season and highlights the importance of reliable connectivity, as a survey shows 90% of fans value a dependable internet during drafts. Verizon, recognized for its technology and communication services, generated $133.6 billion in revenue in 2021.

Verizon Connect Reveal has introduced new enhancements specifically designed for electric vehicles (EVs), aimed at helping fleet managers transition from gasoline to EVs more effectively. Customers in the U.S. and Canada will now have the capability to track both gasoline-powered and EVs in one platform, increasing operational efficiency. Key features include real-time battery levels, charging status updates, and comprehensive reporting tools. This update aligns with the growing demand for EV adoption as businesses seek to optimize fleet management and investment strategies.

As Tropical Storm Ian approaches, Verizon's response team is actively preparing to maintain connectivity for communities and first responders. The company has conducted emergency drills, tested networks, and positioned recovery equipment along the affected coastal areas. With a fleet of over 500 portable assets and robust backup systems, Verizon aims to ensure reliable service during the storm. Additionally, the Verizon Frontline Crisis Response Team is ready to assist public safety agencies. The company emphasizes the importance of business continuity during such emergencies.