Verizon(VZ)

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Verizon named a Leader in first-ever 2025 Gartner® Magic Quadrant™ for Private Mobile Network Services
GlobeNewswire· 2025-01-09 17:36
Core View - Verizon has been recognized as a Leader in the Gartner Magic Quadrant for 4G and 5G Private Mobile Network Services, being the only U S-based mobile carrier to achieve this status [1] - The recognition is based on Verizon's Ability to Execute and Completeness of Vision in the private mobile network services market [1] Verizon's Market Position - Verizon's core competency lies in building networks, combined with a customer-centric approach, well-integrated portfolio solutions, and a U S licensed-spectrum advantage [2] - The company aims to further develop the market and expand its ecosystem of partners, devices, and applications both domestically and internationally [2] Gartner's Evaluation Criteria - For Ability to Execute, Gartner evaluates vendors on the quality of their multiregion, end-to-end PMN services offering, focusing on improving operational performance, efficiency, and positively impacting revenue, retention, and reputation [4] - High weighting is placed on Customer Experience, Sales Execution/Pricing, and Product/Service, while medium weighting is given to Overall Viability and Market Responsiveness or Track Record [5] - For Completeness of Vision, Gartner evaluates service providers on their ability to articulate logical statements about the market's current and future direction, innovations, customer needs, and competitive forces [6] - High weighting is placed on Market Understanding, Innovation, and Offering Strategy, while medium weighting is given to Vertical/Industry Strategy and Business Model [7] Market Definition - Gartner defines 4G and 5G private mobile network (PMN) services as private wireless network deployment, operation, and management services for the exclusive use by a given organization, providing dedicated connectivity for people and assets in an enterprise setting [3] - These services are delivered as an end-to-end service covering design, architecting, deployment, and management, based on 3GPP standards, in a specific enterprise location with dedicated or shared assets like spectrum or core network [3] Company Overview - Verizon Communications Inc powers and empowers millions of customers with mobility, reliable network connectivity, and security, generating revenues of $134 0 billion in 2023 [10] - The company serves nearly all of the Fortune 500 and continues to innovate to meet customer needs [10]
Verizon offers relief to customers impacted by the Southern California Wildfires and Windstorm
GlobeNewswire· 2025-01-09 16:58
Call/Text/Data usage incurred by customers in California’s hardest hit counties will be waived from Jan. 9- Jan. 18 What you need to know: Verizon is waiving domestic call/text/data usage incurred Jan. 9 - Jan. 18 for prepaid and postpaid consumer and small business customers* in Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura countiesFor prepaid customers in the same counties using Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page ...
Verizon's Southern California wildfire response
Newsfilter· 2025-01-08 23:56
Verizon is offering community resources and stands ready to deploy mission-critical communications assets to keep Southern California communities connected amid the wildfires Also waiving call/text/data charges for customers in hardest hit areas IRVINE, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) -- The powerful windstorm in Southern California has sparked multiple fires, including the Palisades, Eaton, Hurst, and Woodley fires. In response, Verizon remains committed to maintaining the safety and connectivity of ...
Verizon’s Southern California wildfire response
GlobeNewswire· 2025-01-08 23:56
Verizon is offering community resources and stands ready to deploy mission-critical communications assets to keep Southern California communities connected amid the wildfires Also waiving call/text/data charges for customers in hardest hit areas IRVINE, Calif., Jan. 08, 2025 (GLOBE NEWSWIRE) -- The powerful windstorm in Southern California has sparked multiple fires, including the Palisades, Eaton, Hurst, and Woodley fires. In response, Verizon remains committed to maintaining the safety and connectivity of ...
Verizon Communications Shares Cross 7% Yield Mark
Forbes· 2025-01-08 20:24
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Verizon shatters speed barriers with 5.5 Gbps breakthrough
GlobeNewswire· 2025-01-07 14:30
Continued network enhancements prepare network for evolving customer needsBASKING RIDGE, N.J., Jan. 07, 2025 (GLOBE NEWSWIRE) -- When customers choose Verizon—they're not just choosing a network, but a future-ready partner. In anticipation of the evolving landscape of mobile consumption, where video calls are replacing traditional voice calls, streaming dominates entertainment, gaming has moved to the cloud, and factories are running their operations on 5G private networks, Verizon engineers are pushing the ...
Verizon selected by the U.S. Air Force for 5G and network upgrades at 35 installations
GlobeNewswire· 2025-01-07 14:00
Through the Air Force’s Offer to Lease program Verizon Business is now delivering network upgrades at over 85% of U.S. Air Force Bases across the United StatesWASHINGTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- The U.S. Air Force (USAF) has selected Verizon Business to install 5G and/or 4G LTE network enhancements on 35 Air Force installations located throughout the United States. Through the Air Force’s Offer to Lease (OTL) program, Verizon Business will deliver network enhancements like C-Band carrier adds, new ...
VZ to Unveil Advanced Solutions at EDGE 25: Stock to Gain?
ZACKS· 2025-01-03 17:00
Verizon Communications' Participation in EDGE 25 - Verizon Communications will unveil a suite of cutting-edge solutions at the 20th annual EDGE conference, scheduled for Jan 5-7, 2025 [1] - The conference will bring together senior leaders from local, state, and federal government agencies, as well as NATO partner nations, for high-quality technical programs [1] - Verizon Frontline will showcase advanced solutions aimed at improving operational efficiency and communication in critical environments [2] - Key highlights include the Unmanned Aerial Systems trailer for advanced aerial surveillance and communication, and the Tactical Awareness Kit for real-time situational awareness [2] - The Rapid Response Connectivity Unit will be demonstrated, providing 5G, 4G LTE, Wi-Fi, and satellite backhaul support for up to 120 users in areas with poor or no cellular coverage [3] Verizon's Technological Advancements and Market Position - Verizon Communications continues to deploy the latest 4G LTE Advanced technologies to deliver faster peak data speeds and capacity [4] - The company is aggressively expanding its fiber optics networks to support 4G LTE, 5G wireless standards, and wireline connections [4] - Verizon's participation in EDGE 25 underscores its commitment to delivering cutting-edge technologies for effective, secure, and reliable communications in critical missions [5] - The event is expected to drive demand in government, military, and public safety sectors, potentially increasing revenues and providing upward momentum for VZ's stock [5] Stock Performance and Industry Comparison - Shares of Verizon Communications have gained 2.2% over the past year, compared to the industry's 22.5% growth [6] - Verizon Communications currently carries a Zacks Rank 3 (Hold) [8] Industry Competitors and Key Picks - Ubiquiti Inc (UI) sports a Zacks Rank 1 (Strong Buy) and delivered an earnings surprise of 20.9% in the last reported quarter [8][9] - InterDigital, Inc (IDCC) has a Zacks Rank of 1 and a long-term growth expectation of 17.44%, pioneering advanced mobile technologies for wireless communications [9][10] - Keysight Technologies, Inc (KEYS) sports a Zacks Rank of 1 and delivered an earnings surprise of 5.10% in the last reported quarter, benefiting from trends in electronic content in vehicles and space applications [11]
Verizon announces first-ever “Super Bowl FanFest” bringing a Super Bowl LIX experience to 30 NFL cities across the country
GlobeNewswire· 2025-01-03 13:30
Verizon customers can bring guests to the once-in-a-lifetime fan experience, with activities including on-field access, meet and greets with local NFL legends, and moreNEW YORK, Jan. 03, 2025 (GLOBE NEWSWIRE) -- In a first-of-its-kind event, Verizon is transforming stadiums and venues across all 30 NFL markets into a nationwide FanFest unlike any other. Fans will enjoy free celebrations on Super Bowl LIX Sunday with food and beverages from locally-owned small businesses, meet and greets with local football ...
Verizon announces first-ever "Super Bowl FanFest" bringing a Super Bowl LIX experience to 30 NFL cities across the country
Newsfilter· 2025-01-03 13:30
NEW YORK, Jan. 03, 2025 (GLOBE NEWSWIRE) -- In a first-of-its-kind event, Verizon is transforming stadiums and venues across all 30 NFL markets into a nationwide FanFest unlike any other. Fans will enjoy free celebrations on Super Bowl LIX Sunday with food and beverages from locally-owned small businesses, meet and greets with local football heroes, live local music acts, interactive games and unique football fan experiences – and in select cities, experiencing Super Bowl LIX activities on the field. Verizo ...