STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

Verizon study: 42% of Americans say reliable wireless service makes travel more enjoyable

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Verizon emphasizes its commitment to providing reliable service as summer travel continues, with a recent survey showing that 58% of Americans plan to travel, including 21% who will work remotely. Verizon's network has been recognized by J.D. Power for top quality, achieving 29 consecutive awards for excellence. The company is enhancing its 5G Ultra Wideband network and expanding its fiber network's capacity. Additionally, Verizon is offering plans like Welcome Unlimited, starting at $30 per line for four lines, and promoting a $240 e-gift card for activating eligible devices.

Positive
  • J.D. Power awarded Verizon as the Most Awarded Brand for Wireless Network Quality for 29 consecutive times.
  • The deployment of 100 MHz of C-band spectrum enhances Verizon's 5G Ultra Wideband coverage.
  • Expansion of 5G Home and Business Internet services increases market reach.
  • Welcome Unlimited plan offered at $30 per line for four lines, promoting affordability.
Negative
  • None.

Verizon is the network America relies on

NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Summer may be starting to wind down for some as kids head back to school, but that isn’t stopping Americans from traveling. According to a Verizon and Material+ survey, about 3 in 5 (58%) Americans are planning to travel in the remainder of the year. This travel trend is not just about vacation as more than one fifth (21%) of Americans hope to work remotely, hybrid, on-the-go or from a vacation destination in the second half of 2022. It’s no surprise that for those planning on taking a road trip this summer, nearly half (42%) say reliable service is essential to making travel more enjoyable.

“As Americans continue to travel, we know that staying connected has never been more important to family, friends and colleagues,” said Kelley Kurtzman, SVP of Consumer Field Sales for Verizon Consumer Group. “We take pride in being the network America relies on, and we continue to improve it every single day for the customers who depend on us whether they are vacationing, working remotely, or both!”

Wireless customers know they can rely on Verizon. In the latest J.D. Power 2022 U.S. Wireless Network Quality Performance Study, Volume 2, Verizon was the Most Awarded Brand for Wireless Network Quality, which marks an unprecedented 29th time in a row over 19 years that Verizon has won more awards in the Study for top network quality.1 In the latest RootMetrics State of the Mobile Union Report, Verizon earned national awards for overall network performance, reliability, texting, and network accessibility.2

Verizon keeps enhancing its network every day, turbocharging its 5G Ultra Wideband network* by deploying 100 MHz of C-band spectrum in many markets around the US – a significant increase from the 60 MHz it has deployed in 5G markets to date. It is also increasing the capacity and performance of the core of its fiber network to meet the growing data usage through all its services. Verizon also continues to make its services available to more people in more places, expanding 5G Home Internet and Verizon 5G Business Internet to Madison, WI, Shreveport, LA, Manchester, NH, Atlanta, GA, Richmond, VA, Scranton and Harrisburg, PA, just this summer.

Join the network you need at a price you’ll love

It’s no secret that Verizon is the network America relies on, but not everyone knows how affordable it is to join. With Welcome Unlimited; now you can get the network you want at a price you’ll love. Join the network you want for just $30 per line per month for four lines on Welcome Unlimited with Auto Pay, plus taxes and fees.3

We’ve made it easy to switch – we’ll send you a $240 Verizon e-gift card per line when you activate your own 4G LTE or 5G phone on the Welcome Unlimited plan: that’s up to $960 for a family of four. The e-gift card arrives after your phone has been active on the plan for more than 45 days, and the full amount is all yours as long as your service is active for 12 months. See www.verizon.com/bring-your-own-device/ for details.

Today’s announcement builds on Verizon’s growth and innovation across industries with its mobility, nationwide broadband and consumer offerings.

5G Ultra Wideband available in select areas

Verizon is #1 for Network Quality in the Northeast, West, Southeast, Mid-Atlantic and North Central regions. Verizon has also received the highest number of awards in network quality for the 29th time as compared to all other brands in the J.D. Power 2003-2022 Volume 1 and 2 Wireless Network Quality Performance Studies. Network Quality measures customers’ satisfaction with their network performance with wireless carriers. For J.D. Power 2022 award information, visit jdpower.com/awards for more details.

Most reliable 5G based on most first place rankings in RootMetrics® 1H 2022 assessments of 125 metros. Overall network performance, reliability, texting and accessibility based on the RootMetrics® United States RootScore® Report: 1H 2022. Experiences vary. Not an endorsement.

3 "Auto Pay & paper-free billing req'd. Unlimited 5G Nationwide/4G LTE: In times of congestion, your data may be temporarily slower than other traffic. All smartphone lines on the account must be on Welcome Unlimited and are eligible only w/select promotions. Domestic data roaming at 2G speeds."

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 $133.6 billion in 2021. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:

Andrew Testa
andrew.testa@verizon.com
(973) 224-2081

Karen Schulz
864-561-1527
Karen.Schulz@VerizonWireless.com


FAQ

What does Verizon's recent survey reveal about American travel plans for 2022?

According to a Verizon survey, 58% of Americans plan to travel in the remainder of 2022, with 21% working remotely during their trips.

How many times has Verizon won J.D. Power's award for network quality?

Verizon has won J.D. Power's award for Wireless Network Quality for 29 consecutive times.

What are the benefits of Verizon's Welcome Unlimited plan?

The Welcome Unlimited plan offers services for $30 per line per month for four lines and includes a $240 e-gift card for activating eligible devices.

What improvements is Verizon making to its 5G network?

Verizon is turbocharging its 5G Ultra Wideband network by deploying 100 MHz of C-band spectrum and increasing the capacity of its fiber network.

Verizon Communications

NYSE:VZ

VZ Rankings

VZ Latest News

VZ Stock Data

186.82B
4.21B
0.04%
65.52%
1.2%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
NEW YORK