Welcome to our dedicated page for Verizon Comms news (Ticker: VZ), a resource for investors and traders seeking the latest updates and insights on Verizon Comms stock.
Verizon Communications Inc. (VZ) delivers cutting-edge wireless, broadband, and enterprise solutions through America's most reliable network. This news hub provides investors and industry professionals with direct access to official press releases and strategic updates from the telecommunications leader.
Track Verizon's latest 5G deployments, financial results, technology partnerships, and infrastructure investments. Our curated collection features earnings announcements, product launches, and regulatory filings – all essential for understanding the company's market position.
Key updates include network expansion initiatives, enterprise cloud solutions, and advancements in AI-driven connectivity. Bookmark this page for real-time insights into Verizon's operational developments and competitive strategies within the evolving telecom sector.
Verizon partners with Microsoft to offer Xbox All Access starting July 28, 2022. Customers can obtain an Xbox Series S or Series X console and two years of Xbox Game Pass Ultimate for as low as $24.99 per month with 0% APR. This program provides access to hundreds of games including day one releases. Additionally, Verizon's fast 5G services enhance gameplay with ultra-low latency. Special offers on accessories are also available. This collaboration aims to strengthen Verizon's position in gaming and expand its digital service offerings.
Verizon Communications reported its Q2 2022 financial results, showing earnings per share (EPS) of $1.24, down from $1.40 in Q2 2021. Total revenue remained relatively flat at $33.8 billion, while net income declined 10.7% to $5.3 billion. Wireless service revenue increased by 9.1% year over year to $18.4 billion, but total operating revenue was impacted by declines in wireline services. The company adjusted its full-year guidance, expecting EPS of $5.10 to $5.25.
Verizon Frontline will honor first responders with ceremonial laps at two NASCAR Cup Series™ races: the Pocono Raceway on July 24 and the Indianapolis Motor Speedway on July 31. A fleet of public safety vehicles will participate, showcasing Verizon Frontline's commitment to critical communications. The event aligns with Pocono Raceway’s ethos of honoring military and emergency personnel. Additionally, fans will witness the debut of a new Verizon Frontline paint scheme on Team Penske’s No. 22 Ford Mustang, driven by Joey Logano, emphasizing the partnership with the public safety community.
Verizon announces significant savings for back-to-school shoppers, offering up to $800 off on 5G phones with select trade-ins and plans, plus an additional $200 for new customers switching to the network. Customers can also save up to 50% on accessories such as earbuds and chargers. Special discounts of up to $25/month are available for teachers and students on 5G Unlimited plans, along with a $19.99/month offer for 5G Home Internet. This initiative highlights Verizon's commitment to providing affordable technology solutions in a challenging economic environment.
Verizon Business has partnered with Virginia International Terminals to establish a private 5G Ultra Wideband network at The Port Of Virginia, enhancing high-bandwidth industrial operations and secure networking. This marks Verizon's second deal with an international port and its first with a U.S. terminal. The 5G network will enable VIT to test autonomous truck technologies and improve logistical efficiencies. In the last fiscal year, VIT handled 3.7 million TEUs, generating approximately $47 billion in state gross product.
Verizon Communications Inc. (NYSE: VZ) is set to report its Q2 2022 earnings on July 22, 2022, with a webcast presentation starting at 8:30 a.m. ET. The earnings news release and financial tables will be available on Verizon's Investor Relations website at 7:30 a.m. ET. In 2021, Verizon achieved revenues of $133.6 billion, highlighting its status as a leading provider of technology and communications services globally.
Verizon has launched a new service called Get Help - Caregiver Alert, designed to assist caregivers for loved ones using Apple Watch. The service connects users automatically with their Trust Circle contacts when a hard fall is detected. Available exclusively for select Apple Watch models, it allows caregivers to receive alerts, view locations, and initiate group messaging. The first 30 days are free, after which the service costs $5 per month. Verizon aims to enhance caregiving through technology, with an emphasis on safety and independence.
Verizon has once again excelled in network performance, securing the RootMetrics® US Overall RootScore® Award for the 18th consecutive time. This remarkable achievement emphasizes Verizon's leading position, outperforming competitors by delivering the best 5G data reliability. The report highlights Verizon's top awards for overall performance, reliability, and accessibility across 96% of the tested metro markets. RootMetrics conducted extensive tests, covering over 260,000 miles, affirming Verizon's unmatched network experience and technological strength.
Verizon Business has launched the SumUp Plus Card Reader, allowing its small and midsize business customers to tap into SumUp's extensive merchant network of over four million globally. The card reader, priced at $19.99, enables seamless payment acceptance via Bluetooth on Verizon devices, with a competitive 2.75% transaction fee. This partnership highlights Verizon's commitment to supporting digital transformation for its clients. SumUp, established in 2012, has raised over $1.6 billion and operates in more than 35 countries.
Verizon Public Sector has secured an over $400 million task order under the Enterprise Infrastructure Solutions (EIS) program with the FBI to enhance its network infrastructure.
The partnership aims to improve data bandwidth and operational efficiency, integrating critical technologies to support various applications including cloud computing and video transmissions.
This initiative follows nearly 20 years of collaboration, ensuring high-speed connectivity and resilient virtual private network services for the FBI's mission-critical operations.
