These additional funds are provided on top of the $1 Million announced earlier this month — $500k to the American Red Cross and $500k to the Los Angeles Fire Department FoundationNEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Verizon Foundation is providing an additional $500,000 to support the work of four community partners delivering on-the-ground resources to those directly affected by the Southern California fires and windstorms. These funds add to $1 million already provided to the American Red Cross ...

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- On Jan. 3, Verizon announced its first-ever Super Bowl FanFest for customers and fans, bringing the excitement of Super Bowl LIX to stadiums and iconic venues in 30 cities across the country. The FanFests received overwhelming interest; all 100,000+ free tickets have been claimed and events are at capacity. Each event was designed to accommodate a few thousand guests, allowing them to enjoy the expansive stadiums and venues with exclusive access, including on-fiel ...

Thousands of tickets have been donated to organizations supporting first responders in Los Angeles, and expanded experiences will be held for fans in Philadelphia and Kansas CityNEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- On Jan. 3, Verizon announced its first-ever Super Bowl FanFest for customers and fans, bringing the excitement of Super Bowl LIX to stadiums and iconic venues in 30 cities across the country. The FanFests received overwhelming interest; all 100,000+ free tickets have been claimed and event ...

Verizon Communications (VZ -0.20%) continued to post strong subscriber growth in the fourth quarter, helping lift the stock. However, the stock has nonetheless traded lower over the past year. With an attractive forward dividend yield of about 6.7%, the question is whether now is a good time to buy the stock. Let's take a closer look at its most recent results to find out. Wireless subscriber growth leads the wayVerizon's wireless business continues to be its biggest contributor, with revenue rising 3.1% ye ...

Like most companies, Verizon Communications (VZ -0.20%) is looking at how it can best leverage the power of artificial intelligence (AI). The telecom giant is already using the technology to enhance the customer experience and drive efficiencies in its business. It sees an even greater market opportunity to leverage its assets to connect the AI ecosystem. The company estimates that there is a total addressable market of more than $40 billion by 2030. Here's a look at how Verizon could become a major player ...

CHARLOTTE, N.C., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Verizon is teaming with ForgiveCo to eliminate $10 million in consumer debt for 6,500 Western North Carolinians. The debt relief campaign is part of Verizon's ongoing commitment to recovery following Hurricane Helene's sweeping devastation. Hundreds of North Carolina families are currently learning that Verizon has cleared their medical, financial, and other debts of necessity. The debt relief was implemented by ForgiveCo, whose "random acts of kindness" mo ...

FCC authorizes Verizon and AST to test satellite to cell phone voice, full data and video applicationsNEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Today, Verizon is pushing the boundaries of satellite and terrestrial telecommunications convergence. Satellites are no longer reserved for the extraordinary—they are woven into the everyday, and are being used to help connect and power customers’ lives. A lot has changed since 2014 when Verizon’s famous test man roamed the country asking “Can you hear me now?” No ...

NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Today, Verizon is pushing the boundaries of satellite and terrestrial telecommunications convergence. Satellites are no longer reserved for the extraordinary—they are woven into the everyday, and are being used to help connect and power customers' lives. A lot has changed since 2014 when Verizon's famous test man roamed the country asking "Can you hear me now?" Now he's back, and reaching the limits of space with the help of American icon and astronaut Buzz Aldrin ...

Core Viewpoint - Verizon is maintaining strong cash flow, which is favorable for dividend investors [1] Group 1: Company Performance - Verizon's stock is not highly favored by Wall Street, yet the company consistently generates cash on a quarterly basis [1] - The company's ability to produce cash flow is highlighted as a significant reason for potential investment [1] Group 2: Investment Appeal - The dividend offered by Verizon is emphasized as a compelling reason to consider owning the stock [1]

Core Insights - The U.S. Coast Guard has awarded Verizon Business an 8-year Enterprise Infrastructure Solutions (EIS) task order valued at up to $66 million [1] - Verizon will phase out end-of-life TDM services and implement cellular-based POTS replacements for essential voice communications, including Contact Center as a Service (CCaaS) [2] - Verizon's strong relationship with federal agencies, including the Department of Homeland Security and the Department of Defense, highlights the trust in its enterprise solutions [3] - The base task order lasts 12 months but can extend to eight years, covering various EIS services such as internet protocol service and managed security services [3] - Verizon has secured significant contracts with the U.S. Armed Forces, including a 10-year, $2.67 billion contract with the U.S. Navy [4] - Verizon generated revenues of $134.8 billion in 2024, serving a wide range of customers including nearly all Fortune 500 companies [5]