Verizon Communications Inc. (VZ) Expands 5G Ultra Wideband and AI Wearable Partnerships with Meta

Core Insights - Verizon Communications Inc. is recognized as one of the most undervalued stocks in the Dow, bolstered by strong financial performance, consistent dividend growth, and strategic technology partnerships [1][2]. Financial Performance - In Q2 2025, Verizon reported robust performance, leading to upward revisions in guidance for adjusted EBITDA, EPS, and free cash flow [2]. - The company announced a 1.8% increase in its dividend to $0.69 per share, effective November 3, 2025, marking the 19th consecutive year of dividend growth and resulting in a yield of 6.3% with a sustainable payout ratio of approximately 63% [2]. Technological Advancements - Verizon is at the forefront of wireless technology, co-launching the Industry 6G Alliance with major partners like Ericsson, Samsung, Nokia, Meta, and Qualcomm to advance next-generation connectivity [3]. - The expansion of its 5G Ultra Wideband network is focused on mission-critical applications, including the deployment of over 950 5G-enabled smartphones to the Tampa Police Department as part of the Verizon Frontline initiative [3]. Strategic Partnerships - In September 2025, Verizon deepened its collaboration with Meta by becoming the first carrier to offer AI-powered Meta Ray-Ban Display glasses, showcasing its commitment to integrating advanced wearable technology into its network [4]. Corporate Developments - Verizon is relocating its headquarters to PENN 2 in Midtown Manhattan, with completion expected by 2026, emphasizing its long-term corporate presence [5].