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Verizon Communications Inc. reports developments across its telecommunications business, including wireless service performance, broadband connectivity, enterprise services and network technology. Company updates commonly address postpaid phone activity, customer economics, cash flow, guidance, investor conference appearances and capital markets actions involving outstanding Verizon and subsidiary notes.
News also covers Verizon's network resilience and public-safety capabilities, including Digital Twin damage modeling, satellite-enabled disaster connectivity, private 5G, fixed wireless access and broadcast solutions. Partnership and sponsorship updates describe how Verizon uses 5G, fiber and venue network design to support connected experiences for customers, businesses, broadcasters and large events.
Verizon Business has launched a suite of digital engagement capabilities for its Virtual Contact Center (VCC), aiming to enhance the entire digital customer journey. This new framework includes solutions like VCC SmartAssist, VCC Guide, VCC Expert, and VCC Enlighten XO. These tools are designed to facilitate seamless customer interactions, offering self-service and AI-driven assistance. The vendor-agnostic solutions can be integrated with existing contact center systems, providing organizations with the flexibility to enhance customer experience across various digital channels.
Verizon will showcase its innovative 5G solutions at the National Retail Federation’s Big Show 2023 from January 15-17 at the Jacob K. Javitz Center, NYC. The event will highlight the role of 5G in transforming retail by enhancing omni-channel solutions. Key demos include a Hologram Experience, Express Shop for autonomous checkout, and a solution for Automated Returns. Verizon aims to demonstrate how its 5G technology facilitates enterprise connectivity and digital transformations for retailers.
Verizon announced a limited-time offer for its Welcome Unlimited plan at $25 per line per month for four lines, including a three-year price guarantee. To celebrate, they are giving away 20 pairs of Super Bowl tickets for three consecutive years. The offer is aimed at anyone seeking better value from their wireless provider and is available until February 15, 2023.
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Verizon Offers Exclusive Peloton App Trial
Verizon has announced an exclusive offer for its mobile, 5G Home, and LTE Home Internet customers: four months of the Peloton App free through the +play beta, the longest trial available. This offer is valid until January 30, 2023. The app features a wide range of on-demand classes, allowing users to start a healthy routine without needing Peloton equipment. This partnership emphasizes Verizon's commitment to enhancing customer value through unique subscription offerings.
Verizon has unveiled the Razer Edge 5G, the world's first dedicated 5G handheld gaming console, launching exclusively on January 26, 2023. This console harnesses 5G Ultra Wideband for cloud gaming, featuring a Snapdragon G3x Gen 1 platform, a 6.8-inch AMOLED 144Hz display, and a 5000mAh battery. Promotional pricing starts at $359.99 with a new service line, or $179.99 with a 5G smartphone purchase. This innovative partnership with Razer and Qualcomm aims to elevate mobile gaming experiences.
Verizon has announced the addition of STARZ to its +play beta platform, enhancing the content options available to its customers. Now, Verizon users can access STARZ's premium programming, including popular series like ‘BMF’ and the ‘Power’ Universe. This move aligns with Verizon's strategy to create a content hub that consolidates various subscription services, offering users more choice and savings. The +play beta platform allows seamless discovery and management of entertainment subscriptions, positioning Verizon to compete effectively in the streaming market.
Verizon Business has launched its private 5G wireless network at The Smart Factory @ Wichita, an Industry 4.0 experience center in collaboration with Deloitte. This initiative enhances smart manufacturing through increased shop floor visibility, improved quality assurance, material handling automation, and enhanced workplace safety. The partnership aims to leverage 5G technology to drive innovation and operational transformation across manufacturing sectors, enhancing efficiency and productivity. Verizon targets various industries with scalable solutions, central to the Smart Factory's mission of showcasing advanced manufacturing techniques.
Verizon has unveiled the Gizmo Watch 3, designed for children's safety while allowing them to connect and have fun. Available from January 5 for $4.17/month over 24 months, the watch features upgraded capabilities including double the trusted contacts (20), enhanced GPS tracking, and a front-facing camera for video calls. Notably, it incorporates a new processor providing 80% more talk time and 20% more standby time. A limited-time offer includes $100 off a second watch purchase, making it attractive for families.
Hans Vestberg, Chairman and CEO of Verizon (VZ), and Kyle Malady, EVP and President of Global Networks and Technology, will speak at Citi's 2023 Communications, Media & Entertainment Conference on January 4, 2023, at 10 a.m. ET. Their remarks will be webcast, with access instructions available on Verizon’s Investor Relations website.
Verizon, a leading provider of technology and communications services, generated $133.6 billion in revenues in 2021. The company, headquartered in New York City, offers data, video, and voice services on its advanced networks.