Verizon gives the gift of upgraded wireless service to Phoenix communities
- Verizon's massive multi-year network transformation has brought 5G service to more than 230 million people and 5G home internet service to over 40 million households.
- The addition of new cell sites in these cities provides improved coverage and capacity for customers, enabling access to reliable, fast mobile service and Verizon Home Internet service with no data caps.
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Insights
The expansion of Verizon's 4G and 5G Ultra Wideband services in the Phoenix metropolitan area signifies a strategic enhancement of the company's infrastructure. This move is likely to bolster Verizon's competitive position in the telecommunications sector by improving service quality and customer satisfaction. Enhanced coverage and capacity can lead to increased user engagement and higher data consumption, potentially driving up average revenue per user (ARPU), a critical metric in the telecom industry.
From an operational standpoint, the network upgrade underscores Verizon's commitment to the ongoing 5G rollout, which is pivotal for new revenue streams such as Internet of Things (IoT) applications and enterprise solutions. The mention of personalized customer experiences and a platform for innovation suggests a focus on leveraging network advancements to tap into differentiated services, which may lead to diversified income sources and a stronger value proposition.
However, the costs associated with such network expansions must be weighed against the expected long-term returns. Investors will be attentive to the impact of these capital expenditures on Verizon's financial health, particularly its cash flow and debt levels.
Verizon's announcement of new cell site activations in Arizona is a capital-intensive initiative that reflects the company's investment in infrastructure to support its growth strategy. Investors should monitor the subsequent quarters' financial statements for capital expenditure (CapEx) levels and its effects on the company's liquidity and leverage ratios. The long-term benefits of this expansion, such as customer retention and potential market share gains, should be assessed against the short-term financial impact.
Additionally, the expansion into high-speed 5G services could attract new customers and retain existing ones, contributing to revenue growth. The move may also be a response to competitive pressures, as telecom companies are in a race to establish comprehensive 5G networks. The ability to offer Verizon Home Internet with no data caps could differentiate Verizon in the broadband market, potentially disrupting traditional home internet service providers and attracting price-sensitive consumers.
The deployment of additional cell sites by Verizon, particularly those offering 5G Ultra Wideband service, is a significant development for consumers and businesses in the targeted Arizona cities. The improved network capabilities are likely to enhance user experience by providing faster download and upload speeds, lower latency and more reliable connections, which are essential for modern applications like streaming, gaming and remote work.
For the consumer technology market, this may translate into increased demand for 5G-enabled devices and applications that can take advantage of the enhanced network speeds. The mention of Verizon Frontline also indicates a targeted approach to cater to the specialized needs of public safety agencies, which could lead to further adoption of advanced communication technologies within the public sector.
It is important to note that the true impact of these upgrades on consumer behavior and technology adoption will depend on the actual performance of the network and the extent to which it meets the expectations set by Verizon's marketing and public statements.
New cell sites added in Mesa, Scottsdale, Chandler, Tempe and Queen Creek, AZ delivering reliable 4G and high-performing 5G Ultra Wideband service
IRVING, Texas, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Verizon recently turned on new cell sites in Mesa, Scottsdale, Chandler, Tempe and Queen Creek, AZ bringing reliable 4G and high-speed 5G Ultra Wideband service to residents and visitors. Whether enjoying connecting with friends and family while on the move, connecting their smart homes through Verizon Home Internet, or using Verizon service for small business or enterprise applications, Verizon customers in the Phoenix area just got a big boost.
The new cell sites provide improved coverage and capacity:
- Near the intersection of Adobe Street and N 76th Place in Mesa
- Near the intersection of Scottsdale Road and Drinkwater Boulevard in Scottsdale
- Near the intersection of Ray Road and N Federal Street in Chandler
- Near the ASU Gammage Theater in Tempe
- Near the intersection of Chandler Heights and Hawes roads in Queen Creek.
This work is part of Verizon’s massive multi-year network transformation which has not only brought 5G service to more than 230 million people and 5G home internet service to more than 40 million households, but has also added more capabilities, upgraded the technology in the network, paved the way for personalized customer experiences and provided a platform for enterprises and developers to drive innovation.
“Verizon is committed to delivering the most reliable 5G network experience and meeting our customers’ connectivity needs where they live, work, and play. Our reliable, secure network connects families, friends, homes and businesses in the Phoenix metropolitan area with our best-in-class 5G Ultra Wideband network,” said Phillip French, VP of Engineering and Operations at Verizon.
Services from the network customers rely on
For customers in these cities, the additional coverage and capacity means more customers now have access not only to reliable, fast mobile service, but also Verizon Home Internet service, a different kind of home internet with truly unlimited broadband service and no data caps. It’s ideal for anyone who wants super fast connectivity to stream, game or even work remotely. Verizon Home Internet is reliable and fast enough to power home connected devices: smart TVs, tablets, phones, gaming consoles and more. Go to verizon.com/home for availability. For mobility service, visit verizon.com/deals for the latest 5G phones and accessories.
Additionally, through Verizon Frontline, the advanced network and technology developed over three decades of partnership with first responders to meet their unique and evolving needs, public safety agencies in these areas will also be able to experience the benefits of these network enhancements. To learn more about Verizon Frontline, visit verizon.com/frontline.
Area businesses also have access to 5G Business Internet from Verizon. 5G Business Internet is ultra-fast wireless business internet powered by 5G Ultra Wideband. This wireless alternative to cable internet is for businesses of all sizes and includes self-setup or professional installation options, multiple pricing and service options, unlimited data, and a 10-year price guarantee for 5G Business Internet service. To learn more about Verizon 5G Business Internet, visit verizon.com/5gbusinessinternet and plug in an address to see what service is available.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of
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MEDIA CONTACT:
Lauren Peterson
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FAQ
What are the new services provided by Verizon in Mesa, Scottsdale, Chandler, Tempe, and Queen Creek, AZ?
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