Core Insights - Verizon Business has completed the deployment of a 100G dedicated optical ring at Monumental Sports & Entertainment, enhancing network connectivity and broadcast workflows [1][8] - The media and entertainment industry is transitioning to IP-based, flexible production models, which Verizon's optical network offerings are well-positioned to support [2] - Verizon has secured customer wins in the entertainment sector, including advanced network services at the St. Louis Blues' stadium [3] Financial Performance - Verizon Business segment revenues declined by 2.8% year over year to $7.14 billion in Q3, reflecting soft demand trends [4] - The company's shares currently trade at a price/earnings ratio of 8.44, down from 12.29 for the industry [9] Competitive Landscape - Verizon faces competition from AT&T and T-Mobile, both of which have expanded their presence in the media and entertainment sector [5] - AT&T has upgraded connectivity in the Caesars Superdome and surrounding areas to enhance the fan experience [6] Future Outlook - The recent optical ring deployment is expected to boost network resiliency and optimize operations ahead of the 2025-26 NHL/NBA seasons [2][8] - Earnings estimates for 2025 have remained unchanged, while estimates for 2026 have declined over the past 60 days [10]

100G Optical Network Backbone enables broadcast innovation for the Washington Capitals, Washington Wizards, Washington Mystics, and Capital City Go-GoNEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Verizon Business today announced the completion of a new 100G dedicated optical ring. This ring will serve as the core broadcast, content creation engine, and corporate network for Monumental Sports & Entertainment (MSE), the owners and operators of the independent regional media platform Monumental Sports Network (M ...