Verizon Communications - VZ STOCK NEWS

Verizon has unveiled a promotional offer for new customers signing up for select wireless or Fios Internet plans. Eligible customers may receive a free digital copy of Marvel’s Avengers, exclusive Hero Outfit packs, and a year of Disney+. This initiative aims to enhance the gaming experience on Verizon's 5G network. The offer is available from September 4 until October 21 for wireless plans and until October 28 for Fios customers. Verizon's efforts highlight its commitment to providing unique gaming experiences and tapping into the gaming market.

Verizon's network has been recognized as best overall in RootMetrics' 1H 2020 report, winning six of seven categories, including reliability and overall performance. The report is the first to include 5G results, highlighting exceptional speeds on Verizon's 5G Ultra Wideband. Key metrics show a network reliability RootScore of 95.9, leading in speed awards with 41 out of 55 metros. Verizon aims to expand its 5G network this year, reinforcing its position as a top-tier service provider with revenue of $131.9 billion in 2019.

Verizon Communications (NYSE: VZ) declared a quarterly dividend of 62.75 cents per share, marking a 1.25 cent increase from the previous quarter. The dividend will be payable on November 2, 2020, to shareholders on record by October 9, 2020. This announcement signifies Verizon's 14th consecutive year of dividend increases. The company has around 4.1 billion shares outstanding and distributed approximately $5.1 billion in cash dividends in the first half of 2020, reflecting its strong financial position.

Verizon is enhancing the security of its 5G network through innovative technologies and initiatives. Recently, their Network Security engineers successfully conducted trials to address potential security threats, ensuring the network's reliability and resilience. Key advancements include integrating AI/ML for automated decision-making and troubleshooting, developing a Secure Credentialing Management System for connected vehicles, and implementing Machine State Integrity to detect data tampering. Additionally, Verizon released a white paper detailing the security measures across its 5G network, underscoring its commitment to user data protection.

Verizon is pioneering the use of Quantum Key Distribution (QKD) technology in the U.S., recently conducting a successful trial in the Washington D.C. area. This initiative aims to enhance data security against potential cyber threats by utilizing quantum physics to create secure cryptographic keys, which are crucial in protecting communications. The trial involved real-time encrypted video streams between several Verizon locations, showcasing the capability of QKD to detect eavesdroppers. Verizon's advancements position it as a leader in the telecommunications sector's security innovations.

Federal lawsuit filed against Yahoo's founders and successors, including Oath Holdings (Verizon Communications, NYSE: VZ), claims they aided Chinese authorities in the arrest and torture of activist Ning Xianhua. The lawsuit highlights a series of confidential agreements that allegedly allowed the Chinese regime to monitor emails of pro-democracy dissidents. Ning, a survivor of the Tiananmen Square massacre, was subjected to severe abuse after his communications were disclosed. The allegations raise serious questions about corporate complicity in human rights violations.

Verizon Media has expanded its omnichannel programmatic platform through a partnership with DISH Media, allowing automated access to DISH's household addressable ad inventory. Advertisers can now access both traditional linear channels and CTV/OTT media, including SLING TV, enhancing monetization opportunities. This move comes as US consumers increase their TV viewing time, now averaging 229 minutes per day. The partnership offers benefits like flexibility, efficiency, and quality scale, enabling advertisers to seamlessly manage their campaigns across different channels while improving audience targeting.

Verizon has announced the preorder for the Samsung Galaxy Z Fold2 5G starting on September 2, with general availability on September 18. The Galaxy Z Fold2 5G will cost $83.33 per month for 24 months, retailing at $1,999.99. Customers can save up to $700 by trading in their old devices when switching to Verizon. Additionally, the Galaxy Tab S7 5G series will also be available, with prices starting at $35.41 per month. Both devices leverage Verizon’s 5G Ultra Wideband network for enhanced performance.