STOCK TITAN

Verizon upgrades network in Fresno, CA

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Verizon (NYSE, Nasdaq: VZ) has enhanced its network in Fresno, CA, by activating new cell sites that provide 4G and 5G Ultra Wideband service. The upgrade includes three new macro cell sites, improving coverage in South Sunnyside, near Shields Avenue east of Fresno International Airport, and south of Highway 180 and S. Chestnut Avenue. This expansion is part of Verizon's multi-year, nationwide network transformation, aimed at enhancing connectivity for residents, visitors, and businesses.

The network upgrade allows for increased traffic support, improved performance, and the introduction of new products and services. It also expands the footprint of Verizon Home Internet, offering high-speed broadband to more households. Jake Hamilton, VP of Engineering and Operations at Verizon, emphasized the company's commitment to delivering reliable network experiences and meeting customers' connectivity needs.

Verizon (NYSE, Nasdaq: VZ) ha migliorato la propria rete a Fresno, CA, attivando nuovi siti cellulari che offrono servizi 4G e 5G Ultra Wideband. L'aggiornamento comprende tre nuovi siti macro, migliorando la copertura a South Sunnyside, vicino all'Avenue Shields a est dell'Aeroporto Internazionale di Fresno, e a sud dell'Highway 180 e S. Chestnut Avenue. Questa espansione fa parte della trasformazione nazionale della rete di Verizon, che dura diversi anni e mira a migliorare la connettività per residenti, visitatori e aziende.

L'aggiornamento della rete consente un maggiore supporto al traffico, prestazioni migliorate e l'introduzione di nuovi prodotti e servizi. Espande anche la rete di Verizon Home Internet, offrendo banda larga ad alta velocità a un numero maggiore di famiglie. Jake Hamilton, VP Ingegneria e Operazioni di Verizon, ha sottolineato l'impegno dell'azienda nel fornire esperienze di rete affidabili e nel soddisfare le esigenze di connettività dei clienti.

Verizon (NYSE, Nasdaq: VZ) ha mejorado su red en Fresno, CA, activando nuevos sitios de celdas que ofrecen servicio 4G y 5G Ultra Wideband. La actualización incluye tres nuevos sitios macro que mejoran la cobertura en South Sunnyside, cerca de Shields Avenue al este del Aeropuerto Internacional de Fresno, y al sur de la Carretera 180 y S. Chestnut Avenue. Esta expansión es parte de la transformación de red a nivel nacional de Verizon, que abarca varios años y tiene como objetivo mejorar la conectividad para residentes, visitantes y empresas.

La actualización de la red permite un mayor soporte de tráfico, un rendimiento mejorado y la introducción de nuevos productos y servicios. También amplía el alcance de Verizon Home Internet, ofreciendo banda ancha de alta velocidad a más hogares. Jake Hamilton, VP de Ingeniería y Operaciones en Verizon, enfatizó el compromiso de la empresa de ofrecer experiencias de red confiables y satisfacer las necesidades de conectividad de los clientes.

버라이즌(주식 코드: VZ)은 캘리포니아 프레즈노에서 새로운 셀 사이트를 활성화하여 4G 및 5G 울트라 와이드밴드 서비스를 제공함으로써 네트워크를 강화했습니다. 이번 업그레이드에는 세 개의 새로운 매크로 셀 사이트가 포함되어 있으며, 이는 프레즈노 국제공항 동쪽의 쉴즈 애비뉴 근처와 하이웨이 180 및 S. 체스넛 애비뉴 남쪽의 사우스 써니사이드 지역에서의 커버리지를 개선합니다. 이 확장 작업은 주민, 방문객 및 기업의 연결성을 향상시키기 위한 버라이즌의 수년간 지속되는 전국 네트워크 변환의 일환입니다.

네트워크 업그레이드는 증가된 트래픽 지원, 성능 개선 및 새로운 제품 및 서비스의 도입을 가능하게 합니다. 또한 Verizon 홈 인터넷의 범위를 확장하여 더 많은 가정에 고속 브로드밴드를 제공합니다. 제이크 해밀턴 버라이즌 엔지니어링 및 운영 부사장은 고객의 연결성 요구를 충족하고 신뢰할 수 있는 네트워크 경험을 제공하겠다는 회사의 약속을 강조했습니다.

Verizon (NYSE, Nasdaq: VZ) a renforcé son réseau à Fresno, CA, en activant de nouveaux sites cellulaires qui offrent des services 4G et 5G Ultra Wideband. Cette mise à niveau comprend trois nouveaux sites macro, améliorant la couverture à South Sunnyside, près de Shields Avenue à l'est de l'aéroport international de Fresno, et au sud de l'autoroute 180 et de S. Chestnut Avenue. Cette expansion fait partie de la transformation nationale du réseau de Verizon sur plusieurs années, visant à améliorer la connectivité pour les résidents, les visiteurs et les entreprises.

La mise à niveau du réseau permet un support accru du trafic, de meilleures performances et l'introduction de nouveaux produits et services. Elle élargit également le champ d'application de Verizon Home Internet, offrant un large bande haut débit à davantage de foyers. Jake Hamilton, VP de l'ingénierie et des opérations chez Verizon, a souligné l'engagement de la société à offrir des expériences réseau fiables et à répondre aux besoins de connectivité des clients.

Verizon (NYSE, Nasdaq: VZ) hat sein Netzwerk in Fresno, CA, durch die Inbetriebnahme neuer Mobilfunkstandorte verbessert, die 4G- und 5G-Ultra-Wideband-Dienste anbieten. Das Upgrade umfasst drei neue Makrozellenstandorte, die die Abdeckung in South Sunnyside, in der Nähe der Shields Avenue östlich des Fresno International Airport und südlich der Highway 180 und S. Chestnut Avenue verbessern. Diese Erweiterung ist Teil von Verizons landesweiter Netzwerktransformation, die über mehrere Jahre dauert und darauf abzielt, die Konnektivität für Einwohner, Besucher und Unternehmen zu verbessern.

Das Netzwerk-Upgrade ermöglicht eine erhöhte Verkehrskapazität, verbesserte Leistung und die Einführung neuer Produkte und Dienstleistungen. Es erweitert auch die Reichweite des Verizon Home Internet, das Hochgeschwindigkeits-Breitband für mehr Haushalte anbietet. Jake Hamilton, VP Engineering und Operations bei Verizon, betonte das Engagement des Unternehmens, zuverlässige Netzwerferfahrungen zu bieten und die Konnektivitätsbedürfnisse der Kunden zu erfüllen.

Positive
  • Expansion of 4G and 5G Ultra Wideband service in Fresno, CA
  • Installation of three new macro cell sites for improved coverage
  • Potential for increased network traffic support and better performance
  • Expansion of Verizon Home Internet service footprint
Negative
  • None.

Verizon's network upgrade in Fresno is a strategic move to enhance its service quality and expand its customer base. The addition of three new macro cell sites significantly improves 4G and 5G Ultra Wideband coverage in key areas, potentially increasing Verizon's competitiveness in the local market. This expansion also enables Verizon to broaden its Verizon Home Internet service, tapping into the growing demand for reliable home broadband.

From an investor's perspective, while localized upgrades don't typically move the needle for a company of Verizon's size, they contribute to the overall strategy of network improvement and customer retention. The focus on both mobile and home internet services aligns with industry trends towards convergence of telecommunications services. However, the impact on Verizon's financials from this specific upgrade is likely to be minimal in the short term, with potential for incremental revenue growth in the Fresno market over time.

This network upgrade in Fresno is part of Verizon's broader multi-year, nationwide network transformation. While the immediate financial impact may be , it's important for maintaining Verizon's market position and preparing for future growth. The expansion of 5G services and home internet offerings could help Verizon diversify its revenue streams and potentially increase average revenue per user (ARPU) in the area.

Investors should note that such incremental improvements, when replicated across multiple markets, contribute to Verizon's overall competitiveness and ability to retain and attract customers. However, the telecommunications industry faces challenges including high capital expenditures for network upgrades and intense competition. The success of this strategy will depend on Verizon's ability to monetize these investments effectively and maintain its edge in network quality and customer service.

WALNUT CREEK, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Verizon recently turned on new cell sites in Fresno, 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 Fresno area just got a big boost.

Verizon has installed three new macro cell sites, which provide large areas of coverage, across Fresno. Verizon customers in the neighborhoods of South Sunnyside, Shields Avenue (East of Fresno international airport), and south of Highway 180 and S. Chestnut Avenue will benefit from improved network performance.

“Verizon is committed to delivering the most reliable network experience and meeting customers’ connectivity needs where they live, work, and play,” said Jake Hamilton, VP of Engineering and Operations at Verizon. “By deploying this new capacity, we are providing more opportunities for our customers in the Fresno area to utilize Verizon’s best-in-class network to connect with families, friends, homes and businesses.”

For Fresnans, the additional capacity means more ways for Verizon’s customers to connect. These upgrades allow Verizon to support more network traffic, deliver even better performance to our customers and add new products and services. With additional network resources deployed, Verizon will be able to expand the footprint for its Verizon Home Internet broadband service, providing the speed and capacity needed to connect a family’s phones, laptops and other devices to game-changing home internet.

This work is part of Verizon’s massive multi-year, nationwide network transformation which has 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’s retail stores are staffed with tech experts to assist customers with products and services, including the latest smartphones and accessories, wireless plans like myPlan, Verizon Home Internet, myHome and more. For a full list of Verizon store locations and hours, or to virtually connect with a Verizon representative with video assist, please visit www.verizon.com/stores. Customers can also visit www.verizon.com or use the My Verizon app to purchase devices and accessories, learn more about myPlan and get their questions answered.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in 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 $134.0 billion in 2023. 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, and security.

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:
Lauren Peterson
214.662.3801
lauren.peterson@verizon.com


FAQ

What network upgrades has Verizon (VZ) made in Fresno, CA in 2024?

Verizon has activated new cell sites in Fresno, CA, providing 4G and 5G Ultra Wideband service. This includes three new macro cell sites improving coverage in South Sunnyside, near Shields Avenue east of Fresno International Airport, and south of Highway 180 and S. Chestnut Avenue.

How will Verizon's (VZ) network upgrades in Fresno benefit customers?

The upgrades will provide improved network performance, support more network traffic, and allow for the expansion of Verizon Home Internet service. Customers will experience better connectivity for personal, home, and business applications.

Is Verizon's (VZ) network upgrade in Fresno part of a larger initiative?

Yes, the Fresno upgrade is part of Verizon's multi-year, nationwide network transformation aimed at adding capabilities, upgrading technology, and providing a platform for innovation.

What services can Fresno residents access with Verizon's (VZ) network upgrade?

Fresno residents can access reliable 4G and high-speed 5G Ultra Wideband service, Verizon Home Internet broadband, and improved connectivity for various devices and applications, including smart home technologies and business solutions.

Verizon Communications

NYSE:VZ

VZ Rankings

VZ Latest News

VZ Stock Data

186.30B
4.21B
0.04%
64.28%
1.14%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States of America
NEW YORK