Verizon Comms Stock Price, News & Analysis

Verizon is taking significant measures in California to alleviate pressure on the state's power grid amid extreme temperatures. During the Flex Alert from 4:00 - 9:00 p.m. PT, the company will switch six mobile centers to backup generators. This proactive step aims to conserve energy for residents and businesses. Additionally, Verizon will adjust store temperatures, reduce HVAC use, and encourages customers to save energy at home. With $133.6 billion in revenue for 2021, VZ continues to provide essential services while prioritizing network reliability.

Manon Brouillette, executive vice president and CEO for Verizon Consumer, will speak at the BofA Securities 2022 Media, Communications & Entertainment Conference on September 8, 2022, at 11 a.m. ET. The event will be webcast live, with access available on Verizon’s Investor Relations website.

Verizon, a leading provider of technology and communications services, generated $133.6 billion in revenue in 2021. Headquartered in New York, it delivers data, video, and voice services through its robust networks, meeting customers' needs for mobility and connectivity.

Verizon launched its "Fuel the Love" campaign in Salt Lake City, surprising 31 customers with free gas as part of its #ACallForKindness initiative. This campaign, which also reached nine other cities, aims to foster kindness within communities. Additionally, Verizon promotes its plans, such as the Welcome Unlimited plan with savings for families, and offers rewards through the Verizon Visa Card. Established in 2000, Verizon generated $133.6 billion in revenue in 2021, providing a range of technology and communication services.

BlueJeans by Verizon announced an upcoming fireside chat featuring VP Chris Lewter and UK entrepreneur Steven Bartlett, focusing on trends in brand and influencer marketing. The chat is set for September 13, 2022, and will explore how technology enhances virtual audience engagement. Alongside this, Verizon launched BlueJeans Studio, an all-in-one platform for livestreaming, enabling users to create professional-grade live streams easily. Furthermore, Forbes and BlueJeans will celebrate the launch of its inaugural Top Creator List on September 8, 2022, highlighting influential figures in the creator economy.

Verizon Communications has declared a quarterly dividend of 65.25 cents per share, marking a 1.25 cent increase from the previous quarter. The dividend, reflecting the company's strong financial discipline, is set to be paid on November 1, 2022, to shareholders of record as of October 7, 2022. This is the 16th consecutive year of dividend increases, showcasing Verizon's commitment to delivering long-term value. In the first half of 2022, the company paid out approximately $5.4 billion in cash dividends.

New research on COVID-19's impact reveals challenges in the digital workplace, based on a survey of 600 global executives sponsored by Verizon Business. While 71% feel more decisive, significant gaps exist in executing strategies, particularly in improving customer experience (only 38% accelerated data use). Technology priorities include cybersecurity (78%) and data analytics (75%). The survey suggests businesses need to enhance resilience, unite their workforce, and embrace innovation for future growth.

Verizon recently launched the "Fuel the Love" initiative in Overland Park, Kansas, surprising nearly 50 drivers with free gas as part of its broader #ACallForKindness campaign. This event follows similar efforts across various cities, reinforcing Verizon's commitment to kindness. In addition to providing immediate financial relief at gas pumps, Verizon promotes its Welcome Unlimited plan, offering substantial savings for new customers. The company's strong revenue of $133.6 billion in 2021 highlights its robust position in technology and communications.

Verizon has been recognized for its unmatched network performance in metro markets with over 140 Division I colleges, as reported by RootMetrics in H1 2022. With services covering more than 4 million students at over 200 colleges across states like NY, MA, FL, and TX, Verizon emphasizes the importance of reliable wireless connectivity for students and families. The company also offers student discounts on premium plans and maintains its status as the Most Reliable 5G network in the US for three consecutive years, winning awards for best overall network for 18 times in a row.

On August 31, 2022, Verizon launched its 'Fuel The Love' initiative at a RaceTrac station in Atlanta, surprising 20 customers with free gas tanks. This event, featured on 11Alive’s 'Atlanta & Company,' showcases Verizon's commitment to kindness through the #ACallForKindness campaign. Beyond Georgia, similar events occurred in cities like Dallas, Cincinnati, and Las Vegas. Verizon promotes customer value through plans like the Welcome Unlimited plan, which offers substantial savings and rewards, including a Verizon Visa Card with gas purchase rewards. Verizon generated $133.6 billion in revenues in 2021.