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 and Microsoft have announced a collaboration to enhance enterprise applications using 5G Edge and Azure. This partnership aims to provide ultra-low latency connections, enabling real-time data analysis in various sectors including logistics, healthcare, and manufacturing. Ice Mobility is already utilizing these technologies for improved quality control, potentially saving 15-30% in processing time. Verizon's 5G Ultra Wideband network offers speeds at least 25 times faster than 4G, powering industries with efficient and secure solutions.
Verizon Communications announced its agreement to acquire specific assets and subscribers from Bluegrass Cellular, expanding its presence in central Kentucky. This acquisition involves 210,000 customers across designated rural service areas. Verizon aims to enhance its service offerings with a focus on reliable wireless connectivity. The deal is pending FCC approval and is expected to finalize by early 2021. Verizon reported $131.9 billion in revenues for 2019, bolstering its position as a leading provider in technology and communications.
The Next Generation Telephony Project showcases Verizon's continued partnership with the Social Security Administration (SSA) to enhance communication services for over 62,000 employees across 1,300 locations.
This project will modernize the SSA’s Unified Communication (UC) and Contact Center (CC) capabilities, allowing for improved customer service through a consolidated platform.
Verizon and Avaya will provide operational support, facilitating analysis and enhancing citizen engagement.
BlueJeans by Verizon has been named a Visionary in the 2020 Magic Quadrant for Meeting Solutions by Gartner for the fourth consecutive year, evaluated on its completeness of vision and ability to execute. The shift towards remote work due to COVID-19 has led to an increase in demand for video conferencing solutions. BlueJeans reported a 2.7x increase in total meeting minutes and achieved profitability, post-acquisition by Verizon. It also holds a 4.6/5 rating from Gartner Peer Insights, indicating strong customer satisfaction.
Verizon has announced the launch of the motorola one 5G UW, a new smartphone featuring 5G Ultra Wideband and 5G Nationwide support. Available from October 15, the phone is priced at $22.91 a month for 24 months, totaling $549.99. It boasts a 48-megapixel Quad camera and a 6.7-inch CinemaVision HD+ display, enhancing user experience for streaming and gaming. The device is compatible with various unlimited plans offering substantial trade-in discounts. Customers can order via the Verizon website or My Verizon app.
On October 14, 2020, NJFX announced that Verizon Communications Inc. (VZ) is establishing a new Point-of-Presence (PoP) at its Cable Landing Station (CLS) campus in Wall, NJ. This partnership enhances Verizon's global network capabilities, providing customers access to subsea cable systems connecting North America with Europe and South America. The NJFX facility offers robust, secure, and reliable connectivity options, critical for diverse sectors. This collaboration positions NJFX as a key hub for international communications, affirming Verizon's commitment to expand its network services and meet evolving client needs.
