Core Insights - Verizon has launched a program to protect its fiber infrastructure ahead of the nationwide Call Before You Dig day on August 11, aimed at preventing damage from accidental cuts during construction and excavations [1][2]. Technology and Innovation - The company is employing advanced artificial intelligence (AI) and machine learning to analyze over ten million 811 dig requests annually, identifying high-risk excavations by considering historical and current activity at the location, as well as the past performance of the excavator [2][3]. - This AI-driven solution is integrated with Verizon's 811 system and has the potential to reduce several hundred fiber cuts each year [2]. Operational Strategy - Verizon's AI strategy focuses on optimizing internal processes, enhancing products and experiences, and establishing AI-based revenue streams through its network's low latency and high bandwidth capabilities [3]. - The proactive approach aims to keep customers connected and minimize costly repairs resulting from fiber damage [3]. Company Overview - Verizon Communications Inc. generated revenues of $134.0 billion in 2023 and serves millions of customers globally, including nearly all Fortune 500 companies [4]. - The company operates over 1 million miles of fiber, enough to wrap around the Earth 40 times, emphasizing the importance of protecting this infrastructure to maintain service continuity [3][4].

For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center. What you need to know: Verizon is waiving domestic call, text, and data usage for postpaid consumer, small business customers,* and Verizon Prepaid customers impacted by the storm in parts of Florida and Georgia from August 6-12, 2024.For prepaid customers using Straight Talk, Tracfone, Total by Verizon, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page ...

HONOLULU, HI, Aug. 06, 2024 (GLOBE NEWSWIRE) -- To support ongoing wildfire relief efforts following last year’s tragic wildfires in Maui, Verizon is donating $10,000 to the Maui Food Bank. This funding will supply essential resources to Maui Food Bank’s program, Da Market, by enhancing the inventory of fresh produce, nutritious nonperishable items, and vital household goods. This ensures that families in West Maui affected by the wildfires have ongoing access to healthy and culturally appropriate food opti ...

HONOLULU, HI, Aug. 06, 2024 (GLOBE NEWSWIRE) -- To support ongoing wildfire relief efforts following last year's tragic wildfires in Maui, Verizon is donating $10,000 to the Maui Food Bank. This funding will supply essential resources to Maui Food Bank's program, Da Market, by enhancing the inventory of fresh produce, nutritious nonperishable items, and vital household goods. This ensures that families in West Maui affected by the wildfires have ongoing access to healthy and culturally appropriate food opti ...

IRVINE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- In response to recent wildfires in California and Oregon, Verizon is supporting relief and recovery efforts in communities that have been hardest hit by the fires. To support local firefighter needs during the current Lake Fire crisis near Santa Barbara, Verizon has donated $5,000 to the Santa Barbara Firefighters Alliance. Verizon has contributed $5,000 to the American Red Cross Gold Country Region to support relief and recovery efforts for Northern Califor ...

IRVINE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- In response to recent wildfires in California and Oregon, Verizon is supporting relief and recovery efforts in communities that have been hardest hit by the fires. To support local firefighter needs during the current Lake Fire crisis near Santa Barbara, Verizon has donated $5,000 to the Santa Barbara Firefighters Alliance. Verizon has contributed $5,000 to the American Red Cross Gold Country Region to support relief and recovery efforts for Northern Califor ...

Falling interest rates will have a big impact on Verizon.Verizon (VZ -2.86%) has been under pressure recently from rising interest payments on its debt load. But that could ease as interest rates fall. In this video, Travis Hoium quantifies just how important interest rates could be for Verizon's free cash flow.*Stock prices used were end-of-day prices of Aug. 3, 2024. The video was published on Aug. 5, 2024. ...

WASHINGTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- The Emergency Communications Division (ECD) of the Department of Homeland Security (DHS), Cybersecurity and Infrastructure Security Agency (CISA) has awarded Verizon Business a 10-year contract to provide Government Emergency Telecommunications Service (GETS) and Wireless Priority Service (WPS) valued at $176M. This contract, first awarded in 1993, positions Verizon as a key strategic partner in helping DHS improve mission-critical communication systems for nati ...

WASHINGTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- The Emergency Communications Division (ECD) of the Department of Homeland Security (DHS), Cybersecurity and Infrastructure Security Agency (CISA) has awarded Verizon Business a 10-year contract to provide Government Emergency Telecommunications Service (GETS) and Wireless Priority Service (WPS) valued at $176M. This contract, first awarded in 1993, positions Verizon as a key strategic partner in helping DHS improve mission-critical communication systems for nati ...