Semtech AirLink XR60 5G router supports the Verizon Frontline Network SliceBASKING RIDGE, N.J., June 25, 2025 (GLOBE NEWSWIRE) -- Verizon Frontline today announced that several products from Semtech, formerly Sierra Wireless, have achieved “Verizon Frontline Verified” status. This includes the AirLink® XR60 5G Router, which supports the recently-launched Verizon Frontline Network Slice. The AirLink® XR60 5G Router is military-grade and delivers high-performance 5G and Wi-Fi 6 connectivity with intelligent h ...

WHEELING, W.Va., June 25, 2025 (GLOBE NEWSWIRE) -- On June 15, devastating heavy rains and flash flooding severely impacted Ohio and Marion counties in West Virginia. This rare event saw up to 3 to 4 inches of rainfall in less than an hour in localized areas. Multiple fatalities and extensive damage to roads, bridges, buildings and homes have been reported. Thousands were left without power and the National Guard has been mobilized to support local emergency operations. In response to this disaster, Verizon ...

Core Insights - Verizon Business, Thames Freeport, and Nokia have formed a strategic partnership to implement Verizon Private 5G Networks in key logistics, manufacturing, and innovation sites along the River Thames Estuary in the UK, aiming for a multiyear, multibillion-dollar operational transformation and economic revival in the region [2][4]. Group 1: Economic Impact - The deployment of Private 5G Networks is expected to create a scalable connectivity foundation for advanced data, AI, edge computing, and IoT infrastructure, enhancing port and manufacturing operations [3][10]. - Thames Freeport has already generated 1,400 jobs and aims to reach 5,000 by 2030, focusing on high-skilled training for local communities [4][10]. Group 2: Technological Advancements - The Private 5G Networks will enable capabilities such as AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration [5][9]. - Nokia will provide the hardware and software for the networks, incorporating the Nokia Digital Automation Cloud (DAC) platform and Nokia MX Industrial Edge (MXIE) [5][9]. Group 3: Strategic Goals - The Thames Freeport initiative aims to stimulate trade, foster innovation, support energy transition, create jobs, and improve local living conditions [10][11]. - The use of IoT for autonomous operations and AI for environmental monitoring will enhance operational efficiency and sustainability at the Freeport [11][12].

NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) -- Verizon today announced its most significant customer experience transformation, designed to empower customers with easier, more personalized support. This evolution, a key component of Verizon's multi-year consumer strategy, introduces immediate and ongoing enhancements across customer care, digital services, and retail, leading the industry across every service dimension, built on America’s largest, fastest and most reliable 5G network at home and on the go. "To ...

NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (“Verizon”) (NYSE, Nasdaq: VZ) today announced the final results of its Exchange Offers (as defined below) and its Cash Offers (as defined below). Exchange Offers The first transaction consists of 10 separate private offers to exchange (the “Exchange Offers”) any and all of the outstanding series of notes listed in the table below (as used in the context of the Exchange Offers and the Cash Offers (as defined below), collectively the “Ol ...

Core Points - Verizon Communications Inc. announced the expiration and preliminary results of its Exchange Offers and Cash Offers for its outstanding notes [1][4][17] - The Exchange Offers involved exchanging Old Notes for newly issued 5.401% Notes due 2037, with a settlement date expected on June 25, 2025 [3][4] - The Cash Offers also expired on June 18, 2025, with a similar settlement date anticipated [17][18] Exchange Offers - The Exchange Offers included 10 separate private offers to exchange various series of Old Notes for New Notes [3][4] - The total principal amount of Old Notes tendered for exchange was detailed in a table, showing significant amounts for each series [6][7] - The acceptance of Old Notes for exchange was based on a "waterfall" methodology, with a maximum aggregate principal amount of New Notes capped at $2.5 billion [10][11] Cash Offers - The Cash Offers consisted of 10 separate offers to purchase Old Notes for cash, with terms outlined in the Offer to Purchase [16][18] - A table indicated the aggregate principal amount of each series of Old Notes tendered for purchase, with notable amounts for several series [18][19] - Similar to the Exchange Offers, the Cash Offers utilized a "waterfall" methodology for acceptance based on priority levels [20][21] Additional Information - Global Bondholder Services Corporation acted as the Information Agent and Exchange Agent for the Exchange Offers, and also for the Cash Offers [14][24] - The final principal amounts of each series of Old Notes validly tendered and accepted for exchange and purchase will be announced by June 23, 2025 [23]

Core Viewpoint - Verizon Communications Inc. has announced the pricing terms for two related transactions involving the repurchase of 10 series of its outstanding notes through Exchange Offers and Cash Offers [1][2]. Exchange Offers - The Exchange Offers consist of 10 separate private offers to exchange outstanding series of notes for newly issued debt securities, referred to as New Notes [3][4]. - The Exchange Offers will expire at 5:00 p.m. (Eastern time) on June 18, 2025, with a settlement date expected on June 25, 2025 [4][9]. - Eligible holders must complete an Eligibility Letter to participate, certifying their status as either a qualified institutional buyer or a non-U.S. qualified offeree [3][4]. - The Total Exchange Price for each series of Old Notes will be based on the fixed spread and yield of the specified Reference U.S. Treasury Security as of the Price Determination Date [11][12]. - Verizon will accept Old Notes for exchange using a "waterfall" methodology, subject to a maximum aggregate principal amount of New Notes capped at $2.5 billion [10][12]. Cash Offers - The Cash Offers consist of 10 separate offers to purchase Old Notes for cash, available only to holders who are not Exchange Offer Eligible Holders [22][23]. - Similar to the Exchange Offers, the Cash Offers will expire at 5:00 p.m. (Eastern time) on June 18, 2025, with a settlement date expected on June 25, 2025 [24][29]. - The Total Consideration for each series of Old Notes will be determined based on the yield corresponding to the bid side price of the applicable Reference U.S. Treasury Security [25][31]. - Verizon's obligation to complete a Cash Offer is conditioned on the Maximum Total Consideration Amount not exceeding $300 million [34][35]. New Notes - The New Notes will mature on July 2, 2037, with a coupon rate of 5.401% based on the Reference U.S. Treasury Security [14][15]. - Verizon will not complete the Exchange Offers if the aggregate principal amount of New Notes issued would be less than $750 million [15][16]. Additional Information - Global Bondholder Services Corporation is acting as the Information Agent and Exchange Agent for the Exchange Offers, and as the Tender Agent for the Cash Offers [21][39]. - Holders are advised to check with their intermediaries regarding submission deadlines for participation in the Offers [41].

Industry Overview - The U.S. telecommunication industry in 2025 is characterized by high competition and rapid evolution driven by 5G adoption, demand for high-speed broadband, and AI-driven network optimization [2] Verizon Communications, Inc. (VZ) - Verizon is expanding its fiber-optic networks to support 4G LTE and 5G standards, which is contributing to solid customer additions through flexible pricing plans [3] - The company has introduced a three-year price lock guarantee for its myPlan and myHome network plans, aimed at attracting new customers and retaining existing ones [3] - Verizon is facing stiff competition from AT&T and T-Mobile, which is impacting its margins, and it has incurred high capital expenditures for its 5G Ultra-Wideband network and fiber asset deployment [4] - The introduction of network slicing in Verizon Frontline across 50 major markets enhances reliability for first responders, indicating a focus on new revenue opportunities [5] Comcast Corporation (CMCSA) - Comcast Xfinity offers widely accessible broadband services through a Hybrid Fiber-Coaxial (HFC) network, enabling gigabit-plus speeds for residential and business customers [6] - The rollout of DOCSIS 4.0 technology allows Comcast to deliver multi-gigabit symmetrical broadband speeds, enhancing its existing infrastructure [7] - Comcast has introduced a Five-Year Price Guarantee for Xfinity Internet Customers, addressing customer pain points related to pricing and transparency [9] - The company has a diverse revenue stream beyond connectivity, including its Studio business and Peacock streaming service, which saw a 20.6% year-over-year increase in paid subscribers to 41 million [10] - Despite macroeconomic challenges, Comcast's diversified business model provides stability, although it faces increased competition in the fiber broadband space [11] Financial Performance - The Zacks Consensus Estimate for Verizon's 2025 sales and EPS implies year-over-year growth of 1.7% and 2.18%, respectively, with a downward trend in EPS estimates over the past 60 days [12] - Comcast's 2025 sales are projected to decline by 1.35%, while EPS is expected to grow by 0.46%, with a recent upward trend in EPS estimates [12] - Over the past year, Verizon's stock has gained 4.2%, while Comcast's has declined by 6.3% [14] - From a valuation perspective, Comcast appears more attractive with a price/earnings ratio of 7.64 compared to Verizon's 8.77 [15] Investment Outlook - Both Verizon and Comcast are focusing on expanding their fiber broadband infrastructure and customer base, but face increasing competition [16] - Comcast's diverse revenue streams, including streaming and theme parks, offer greater resiliency, making it a potentially better investment option at present [19]

Core Viewpoint - The National Advertising Division (NAD) found that Verizon's claims regarding its Satellite Texting services and "largest network" advertising were partially supported but recommended modifications for clearer disclosures in future advertising [1][5][8]. Satellite Claims - NAD reviewed Verizon's claims that it is "conquering dead zones with satellite" and found that these claims do not imply exclusivity over the functionality [2][3]. - The partnership with AST SpaceMobile, currently in testing, does not substantiate the claims made by Verizon regarding satellite texting [3]. - A previous commercial's disclosure about satellite connectivity was deemed insufficiently clear regarding the requirement for newer phone models [4]. - NAD concluded that while Verizon has a reasonable basis for its satellite claims, future advertising must include clear and conspicuous disclosures about the availability of satellite texting features [5]. "Largest Network" Claims - T-Mobile challenged Verizon's claim of having "America's largest network," arguing that this typically refers to geographic coverage rather than subscriber numbers [6]. - NAD found the term "largest network" ambiguous and noted that "postpaid phone connections" may not clearly indicate Verizon subscribers [7][8]. - NAD recommended that Verizon modify its disclosure to clarify what "postpaid phone connections" refers to, ensuring that the claims can be substantiated with appropriate qualifications [8]. Compliance and Discontinuation - Verizon has permanently discontinued the challenged implied claims related to satellite-supported texting and its wireless network, and NAD will treat these claims as recommended for discontinuation for compliance purposes [9]. - Verizon stated it will comply with NAD's recommendations regarding advertising practices [9].

Core Insights - Verizon Communications, Inc. is experiencing significant growth in 5G adoption and fixed wireless broadband, with 2.4 million wireless retail postpaid gross ads and 3.6 million wireless postpaid upgrades in Q1 2025 [1] - The company has a total of 2,035 MHz of spectrum, particularly benefiting from the C-band spectrum, which enhances coverage and speeds for 5G networks [2] - Strategic partnerships with companies like Ericsson, Qualcomm, Samsung, and MediaTek are enhancing Verizon's 5G capabilities, achieving uplink speeds of 480 Mbps and download speeds of 5.5 Gbps [3] Competitive Landscape - Verizon faces competition from T-Mobile and AT&T in the wireless industry [4] - T-Mobile's 5G network covers 98% of the U.S. population, utilizing mid-band 2.5 GHz spectrum for extensive coverage and fast speeds [5] - AT&T's 5G network currently covers 295 million people, employing millimeter wave spectrum in dense areas and mid/low-band spectrum in suburban and rural regions [6] Financial Performance and Valuation - Verizon's stock has gained 8.8% over the past year, while the Wireless National industry has grown by 28.3% [7] - The company is advancing its 5G footprint through spectrum depth and collaborations, but its earnings outlook has softened, with valuation below sector averages [8] - Verizon's shares currently trade at a price/earnings ratio of 9.05, lower than the industry average of 13.34 but above its historical mean of 8.95 [9] - Earnings estimates for 2025 have declined by 0.21% to $4.69, while estimates for 2026 remain unchanged at $4.86 [10]