Funding supports the American Red Cross and the Los Angeles Fire Department FoundationNEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The Verizon Foundation is stepping up to support communities devastated by the Southern California fires and windstorms with a total of $1 million in donations. The contributions aim to provide much-needed aid and resources to support firefighters and the community. The donations include $500K to the American Red Cross and $500K to the Los Angeles Fire Department Foundation (LAFD ...

Verizon Communications Inc. (VZ) recently achieved a significant 5G network speed breakthrough with a 5.5 gigabit per second (Gbps) download speed. The trial was undertaken in a 5G lab environment in association with Samsung Electronics Co., Ltd., and MediaTek using carrier aggregation – a technology that combines multiple channels of both FDD (Frequency Division Duplex) and TDD (Time Division Duplex) spectrum bands for greater data transmission efficiency over wireless networks.Virtualization Technology: A ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Verizon Communications (VZ) , which belongs to the Zacks Wireless National industry, could be a great candidate to consider.This largest U.S. cellphone carrier has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 0.86%.For the mo ...

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]

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 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 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 ...

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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 ...

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 ...