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Verizon partners with U.S. military in extreme training to prepare for natural disaster response
Newsfilter· 2024-02-29 14:30
HATTIESBURG, Miss., Feb. 29, 2024 (GLOBE NEWSWIRE) -- With hurricane season just months away, Verizon recently teamed with the U.S. military in a training exercise to ensure its people and assets are prepared for rapid recovery efforts when critical communications need to be restored during natural disasters. For the first time, Verizon's Response Team worked alongside the Air Force, Mississippi National Guard and Mississippi Emergency Management Agency (MEMA) in a six-day training that took place in and ar ...
Is Verizon's 6.6% Dividend Yield Sustainable?
The Motley Fool· 2024-02-29 13:16
Verizon Communications (VZ 0.43%) shares currently yield roughly 6.6%. Investors are often attracted to high-yield stocks for their income potential. However, high dividend yields can sometimes be a sign that the dividend is not safe because market participants often anticipate a cut to the payout in advance.Recent examples of high-profile companies that have slashed their dividends include Verizon peer AT&T (NYSE: T), which cut its payout nearly in half in 2022, and Walgreens Boots Alliance, which recently ...
Verizon announces cap increase and early participation results for tender offers for five series of its debt securities
Newsfilter· 2024-02-29 08:00
NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ("Verizon") ((NYSE, NASDAQ:VZ) today announced, in connection with Verizon's previously announced Offers (as defined below) to purchase its outstanding Notes (as defined below), the early participation results for the Offers as of 4:00 p.m. (London time) on February 28, 2024 (the "Early Participation Date"). In connection with the Offers (as defined below), all Notes (as defined below) validly tendered and not validly withdrawn at or pr ...
Verizon Communications (VZ) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-02-28 23:46
Verizon Communications (VZ) ended the recent trading session at $40.10, demonstrating a +0.43% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.17% for the day. Elsewhere, the Dow saw a downswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.55%.The largest U.S. cellphone carrier's shares have seen a decrease of 5.98% over the last month, not keeping up with the Computer and Technology sector's gain of 2.65% and the S&P 500's gain of 3.98%.I ...
Verizon announces new Netflix Premium and AMC+ Ad-Free streaming bundle
Newsfilter· 2024-02-28 15:00
NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Verizon customers who combine select home internet plans with select 5G mobile plans can save up to $300 a year on their bill – and can now get access to new deals from leading content partners. Verizon today announced a new, exclusive streaming bundle: Netflix Premium and AMC+ Ad-Free together for just $25.99/month1. This is the first time the streaming services have been offered together at this price ($5.99 in monthly savings2), available only to Verizon custom ...
Verizon (VZ) Network Solution Boosts Xerox's IT Modernization
Zacks Investment Research· 2024-02-28 13:30
Verizon Communications Inc. (VZ) revealed that Xerox Holdings Corporation (XRX) opted to deploy Verizon’s Network as a Service solutions (NaaS) to upgrade its IT infrastructure. Verizon NaaS brings greater agility and flexibility to the enterprise’s IT framework by mixing virtual and on-site assets.It is a digital-first, integrated solution that seamlessly connects users with applications across the cloud, data centers, corporate offices and remote workers worldwide. NaaS solution brings more transparency a ...
Verizon Frontline connects first responders at nation's largest cross-country ski race
Newsfilter· 2024-02-27 14:00
CABLE, Wis., Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently completed a deployment in support of the Sawyer and Bayfield County Sheriff's Offices during the 2024 American Birkebeiner race in Northern Wisconsin. Held annually, the American Birkebeiner is a cross-country ski race across 50 kilometers of austere terrain stretching from Cable to Hayward, Wis. The race attracts more than 15,000 participants and 30,000 spectators, making it North America's largest cross-coun ...
Xerox to deploy Verizon Network as a Service Solutions framework for IT modernization
Newsfilter· 2024-02-27 09:00
NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced Xerox Holdings Corporation (NASDAQ:XRX) is adopting Verizon's Network as a Service (NaaS) Solutions framework to accelerate the organization's Reinvention and operating model evolution. With the flexibility to dynamically scale network resources, Xerox can create a more efficient IT environment and redirect resources toward innovation and growth. "This collaboration with Xerox underscores our commitment to enabling our customers to ...
Verizon (VZ) & KDDI to Offer Cellular Connectivity to AFEELA
Zacks Investment Research· 2024-02-26 15:16
Verizon Communications Inc. (VZ) recently announced its intention to team up with KDDI Corporation to provide innovative connected car capabilities to AFEELA's first mass-production electric vehicles (EVs) in the United States. AFEELA is a brand of Sony Honda Mobility (SHM), which was established by Sony and Honda for the development of EVs. AFEELA is an advanced software-defined EV that features pioneering sensing technology coupled with AI functionalities and connected features.Japan-based telecom operato ...
Verizon issues its sixth $1 billion green bond
Newsfilter· 2024-02-26 14:30
NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 23, Verizon Communications Inc. ((NYSE, NASDAQ:VZ) settled its sixth green bond offering of $1 billion, with the net proceeds expected to be allocated entirely toward renewable energy investments to accelerate the transition to greener electrical grids across the U.S. This follows Verizon's announcement earlier this month that the company fully allocated the net proceeds of its fifth green bond to renewable energy investments. Verizon has now issued si ...