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Verizon donates $25,000 in response to the Mountain Fire

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Verizon has donated $25,000 to the American Red Cross to support relief efforts following the Mountain Fire in Ventura County, which destroyed over 200 homes. The company's cell sites remained operational throughout the fire, providing essential connectivity for residents, businesses, and first responders. This donation follows a previous $25,000 contribution made earlier this year in response to the Line, Bridge and Airport wildfires. Verizon's network resilience is maintained through year-round engineering efforts, including backup power solutions and redundancy measures across critical sites.

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Positive

  • Network infrastructure demonstrated resilience during crisis, maintaining critical connectivity
  • Strategic community engagement through disaster relief support

Negative

  • None.

News Market Reaction 1 Alert

+0.02% News Effect

On the day this news was published, VZ gained 0.02%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Funding to aid relief efforts in Ventura County

IRVINE, Calif., Nov. 27, 2024 (GLOBE NEWSWIRE) -- In response to the Mountain Fire that burned through Ventura County, Verizon is reinforcing its commitment to the community with a $25,000 donation to the American Red Cross. This funding aims to provide crucial support for local wildfire relief efforts and resource needs.

“Verizon remains steadfast in its commitment to supporting communities, particularly during challenging times, by offering much-needed resources,” said Steven Keller, Pacific Market President for Verizon. “We hope this donation assists local recovery efforts, helping impacted communities heal and rebuild."

This donation marks the most recent contribution to the American Red Cross Los Angeles Region. Verizon has partnered with the organization to provide much needed funding in response to various relief efforts throughout Southern California. Earlier this year, the organization donated $25,000 in response to the Line, Bridge and Airport wildfires.

“Verizon’s generous support for the American Red Cross Mountain Fire Relief will have a real and immediate impact on the lives of residents facing tremendous loss and uncertainty,” said Supervisor Jeff Gorell, Ventura County. “In the wake of more than 200 homes being destroyed, it’s heartening to see the community and corporate partners like Verizon come together to help families recover and rebuild. This is what resilience looks like—neighbors helping neighbors, and organizations stepping up when it matters most. On behalf of the County of Ventura, we thank Verizon for standing with us during this difficult time.”

Throughout the fire, Verizon’s cell sites remained operational, maintaining critical connectivity for Ventura County residents, businesses, and first responders. This is made possible by Verizon’s year-round efforts to ensure the network is engineered for resilience, with extensive redundancy measures and backup power solutions across critical sites. To learn more about Verizon’s emergency response efforts, visit our Emergency Resource Center.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Alexis Madrigal
alexis.madrigal@verizon.com


FAQ

How much did Verizon (VZ) donate for the Mountain Fire relief efforts?

Verizon donated $25,000 to the American Red Cross for Mountain Fire relief efforts in Ventura County.

Did Verizon's (VZ) network remain operational during the Mountain Fire?

Yes, Verizon's cell sites remained fully operational throughout the Mountain Fire, providing connectivity for residents, businesses, and first responders.

How many homes were destroyed in the Mountain Fire that prompted Verizon's (VZ) donation?

More than 200 homes were destroyed in the Mountain Fire in Ventura County.
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