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Verizon and Vertical Bridge agree to $3.3 billion tower transaction
GlobeNewswire News Room· 2024-09-30 11:00
NEW YORK and BOCA RATON, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Vertical Bridge today announced they have entered into a definitive agreement for Vertical Bridge to obtain the exclusive rights to lease, operate and manage 6,339 wireless communications towers across all 50 states and Washington, D.C. from subsidiaries of Verizon for approximately $3.3 billion, including certain commercial benefits. The transaction is structured as a prepaid lease with upfr ...
Verizon to support Florida and Georgia communities affected by Hurricane Helene Call/Text/Data usage incurred by customers in hardest hit counties will be waived from Sept. 26-Oct. 5
GlobeNewswire News Room· 2024-09-26 21:15
For media: Regular updates can be found here. What you need to know: Verizon to waive 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 Sept. 26-Oct. 5, 2024.For prepaid customers using Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page Plus, we will extend service end dates to Oct. 5, 2024.With year-round preparedness, hardened net ...
Will Sponsorship Deal for FIFA World Cup Fuel Verizon's Stock Growth?
ZACKS· 2024-09-25 17:11
Verizon Communications, Inc. (VZ) recently announced that it has been named the Official Telecommunication Services Sponsor for the FIFA Men’s World Cup 26. The mega event, starting on June 11, 2026, will be jointly hosted by the United States, Mexico and Canada.FIFA has updated the tournament format as now there will be 48 teams. Previously, there were only 32 teams. A total of 104 games will be played across 16 cities, including 11 stadiums in the United States, making it the largest World Cup event ever ...
Verizon is ready to keep customers connected ahead of Hurricane Helene
GlobeNewswire News Room· 2024-09-25 14:47
ALPHARETTA, Ga., Sept. 25, 2024 (GLOBE NEWSWIRE) -- As potential Hurricane Helene approaches the Florida coast, Verizon remains committed to keeping communities and first responders connected. Verizon's Response Team has prepared year-round to respond to extreme weather situations, like hurricanes, by taking part in emergency drills, fortifying the network infrastructure, and ensuring resources are mobilized for rapid response. “Verizon is committed to keeping communities connected. From consumers, to busin ...
Verizon Business and SK Shieldus team up to bolster cybersecurity offerings
GlobeNewswire News Room· 2024-09-25 02:00
Core Insights - Verizon Business and SK Shieldus have formed a strategic partnership to provide cybersecurity solutions tailored for South Korean and Asian enterprises, leveraging their combined expertise and global reach [1][2]. Group 1: Company Overview - Verizon Business collaborates with 99% of Fortune 500 companies and governments globally, offering a range of management and data security services, operating nine Security Operations Centers and six forensics labs, and monitoring 61 billion security events annually [2]. - SK Shieldus, the largest security services provider in South Korea, offers a comprehensive suite of services including physical security, security monitoring, consulting, system integration, and operations, with a customer base exceeding 1,800 across various sectors [3]. Group 2: Strategic Collaboration - The partnership aims to enhance cybersecurity capabilities for enterprises, enabling them to navigate the complex global threat landscape confidently [1][4]. - SK Shieldus' CEO emphasized the collaboration's potential to strengthen cybersecurity services for clients in Asia and globally, leveraging Verizon's extensive technology capabilities [4].
Verizon named Official Telecommunication Services Sponsor for FIFA World Cup 26™ and Official Tournament Supporter for FIFA Women's World Cup 2027™
GlobeNewswire News Room· 2024-09-24 14:30
Deal marks first-ever agreement between FIFA and the world-class network providerVerizon will power experiences for fans and customers leading up to, during, and after FIFA World Cup 26™, while also ensuring state-of-the-art connectivity across stadiumsCollaboration to ensure everyone across the tournament can follow every second of the action NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- An agreement between Verizon and FIFA was announced today, with the world-class network provider named the Official Telec ...
Verizon Business delivers mission-critical connectivity to South Carolina Army National Guard
GlobeNewswire News Room· 2024-09-24 13:30
The South Carolina Army National Guard has selected Verizon as its primary wireless communications partnerContract includes more than 1,000 lines of service, ranging from smartphones to data devices COLUMBIA, S.C., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Verizon Business today announced a new contract with the South Carolina Army National Guard (SCARNG), becoming the primary wireless communications provider of the state-based military component. The deal encompasses connectivity for more than 1,000 devices rangi ...
Verizon Remains An Overlooked Once-In-A-Lifetime Opportunity
Seeking Alpha· 2024-09-23 14:58
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Verizon (NYSE: VZ ) is one of the largest telecommunications companies in the world, with a market capitalization of almost $200 billion. We last recommen ...
Verizon Surges 32% in a Year: Should VZ Stock be in Your Portfolio?
ZACKS· 2024-09-20 13:16
Buoyed by a holistic growth model, Verizon Communications Inc. (VZ) has gained 32% over the past year compared with the industry’s growth of 36.8%. Despite lagging peers like AT&T Inc. (T) and T-Mobile US Inc. (TMUS) , the stock appears poised to gain from customer-focused planning, disciplined engineering and steady infrastructure investments.In addition, Verizon is likely to benefit from the deployment of a cloud-native, container-based, virtualized architecture for higher flexibility, scalability and cos ...
Verizon: Strong Growth Ahead
Seeking Alpha· 2024-09-20 09:09
Investment Analysis - Verizon Communications Inc (NYSE: VZ) has achieved a total return of 38.4% since mid-July 2023, outperforming the S&P 500 [1] - The analysis of VZ stock was initiated over a year ago, indicating a long-term perspective on the company's performance [1] Analyst Background - Daniel Sereda, chief investment analyst at a family office, specializes in filtering critical investment ideas from vast amounts of data [1] - He manages the investing group Beyond the Wall Investing, which provides access to institutional-grade market analysis [1] Subscription Offer - Beyond the Wall Investing offers a free trial and a 10% discount for new subscribers [1] - The service provides high-quality analysis of Wall Street buying and selling ideas [1]