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Verizon Frontline launches nationwide App Developer Challenge to drive innovation for first responders
Globenewswire· 2025-10-28 13:00
Core Points - Verizon Frontline is launching the App Developer Challenge to encourage the development of mobile applications aimed at enhancing the safety and efficiency of first responders and public safety agencies [1][4] - The challenge is part of the Verizon Frontline Innovation Program, which focuses on advancing technologies for public safety [2] Challenge Structure - The contest consists of three phases: - Phase 1: Call for Entry from October 28, 2025, to April 2, 2026, where developers can submit their app ideas [2] - Phase 2: Judging and Winner Outreach from April 3, 2026, to May 14, 2026, where a panel will select three semi-finalists who will present their concepts in New York City [3] - Phase 3: Winner Announcement from May 14, 2026, to June 30, 2026, where the grand prize winner will be revealed [3] Commitment to Public Safety - Verizon Frontline has a long-standing commitment to providing advanced networks and solutions for public safety, ensuring first responders have the necessary connectivity and tools for their missions [4][6] - The App Developer Challenge highlights this commitment by inviting innovative ideas that utilize mobile technology to address the needs of public safety professionals [4]
T Expands Public Safety Connectivity Portfolio: Will it Drive Growth?
ZACKS· 2025-10-17 17:10
Core Insights - AT&T has launched FirstNet Fusion, a comprehensive mission-critical communications platform aimed at unifying public safety communications [1][8] - The platform integrates various communication tools, enhancing emergency response capabilities for public safety teams [2][3] Product Overview - FirstNet Fusion combines features such as push-to-talk, NextGen 9-1-1 dispatch, and connectivity for devices, making it accessible to all public safety teams regardless of their existing systems [2] - The platform's Fusion link feature connects legacy land mobile radio systems with modern broadband, facilitating improved communication [2][3] - It is designed to work seamlessly with other public safety systems, enhancing interoperability and reducing vendor lock-in issues [3] Market Position - AT&T is a key player in the public safety sector, with its FirstNet network covering over 2.99 million square miles and expanding based on feedback from first responders [4] - The company plans to deploy 1,000 new cell sites by 2025 to bolster public safety operations in rural areas [4] Competitive Landscape - AT&T faces competition from Verizon and T-Mobile in the public safety connectivity market [5][6] - Verizon's Frontline service is well-regarded among emergency responders and has recently partnered with the Tampa Police Department to enhance communications [5] - T-Mobile's T-Priority service, while lacking federal endorsement, has secured a significant deal with New York City and is expanding its 5G coverage for public safety [6] Financial Performance - AT&T's stock has increased by 20.3% over the past year, outperforming the Wireless National industry's growth of 2% [7][8] - The company's shares are currently trading at a price/earnings ratio of 11.86, which is lower than the industry's 12.54 [9] - Earnings estimates for AT&T for 2025 have remained stable, while estimates for 2026 have decreased [11]
Montgomery County and Verizon Frontline Upgrade Public Safety Vehicles
Globenewswire· 2025-10-16 13:00
Core Insights - Verizon Frontline has completed a communications upgrade for Montgomery County public safety agencies, activating over 600 mobile broadband lines for 5G connectivity in agency vehicles [1][2][3] Group 1: Partnership and Trust - The newly activated lines signify a continuation of the existing relationship between Verizon Frontline and Montgomery County, highlighting the trust the county places in Verizon for secure and reliable connectivity [2] - Montgomery County Sheriff's Office (MCSO) expressed satisfaction with the partnership, emphasizing the importance of reliable network access for their operations [3] Group 2: Impact on Public Safety - The mobile broadband connectivity will enhance the safety and efficiency of first responders by improving the effectiveness of public safety applications crucial for daily and emergency operations [3] - MCSO anticipates immediate benefits from the 5G connectivity, including faster access to critical data and information [3] Group 3: Company Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024 and serves nearly all of the Fortune 500 companies [4] - The company is committed to innovation and meeting customer demands for mobility, reliable connectivity, and security [4]
The City of Buffalo partners with Verizon Business to advance public safety communications
Globenewswire· 2025-09-23 13:00
Core Insights - The City of Buffalo, the Buffalo Police Department (BPD), and Verizon Business have announced a comprehensive communications upgrade aimed at enhancing efficiency and effectiveness in serving the community [1][2]. Group 1: Communications Upgrade Details - The upgrade includes advanced communication tools for city employees and police officers, ensuring they have the necessary resources to meet evolving community needs [2]. - City departments will have access to 5G Ultra Wideband-enabled smartphones and tablets, updated routers, Mi-Fi hotspots, connected laptops, and a Verizon Frontline Network Slice for enhanced connectivity [5]. Group 2: Benefits for Public Safety - The BPD will benefit from real-time information access, enhanced situational awareness, and secure communications, which are critical for their mission in a city with over 250,000 residents [2][5]. - The partnership with Verizon emphasizes the commitment to equipping public safety agencies with cutting-edge technology required for modern policing [2][3]. Group 3: Verizon's Commitment - Verizon has a long-standing commitment to the Buffalo community, including being the exclusive wireless telecommunications partner of the Buffalo Bills and New Highmark Stadium [2]. - Verizon generated revenues of $134.8 billion in 2024, showcasing its strong market position and ability to innovate [4].
VZ Gains From Healthy Demand in Public Safety Domain: Will it Persist?
ZACKS· 2025-09-12 16:05
Core Insights - Verizon Communications Inc. has partnered with the Tampa Police Department to launch a connected officer initiative, equipping patrolling officers with advanced smartphones for law enforcement applications [1][8] Group 1: Partnership and Initiative - The Tampa Police Department is introducing a connected officer initiative with Verizon Frontline, aiming to enhance communication for patrolling officers [1][8] - Verizon will deploy approximately 950 5G Ultra-Wideband-enabled smartphones to improve the police department's communication infrastructure [2][8] Group 2: Network Upgrades - Verizon is conducting significant network upgrades in Florida, focusing on enhancing the fiber network to improve resilience against harsh weather and boost disaster preparedness [2][8] Group 3: Market Context - The global public safety and security market is projected to grow from $516.68 billion in 2024 to $1.1 trillion by 2030, with a compound annual growth rate of 14.3% [4] - The U.S. public safety and security market holds the largest share, presenting an opportunity for Verizon to capitalize on this trend [4] Group 4: Competitive Landscape - Verizon faces competition from T-Mobile and AT&T in the public safety connectivity sector, with T-Mobile expanding its T-Priority 5G coverage and AT&T enhancing its FirstNet infrastructure [5][6] - T-Mobile's T-Priority product is designed for first responders, while AT&T's FirstNet is a dedicated network for public safety [5][6] Group 5: Financial Performance - Verizon's stock has decreased by 0.7% over the past year, contrasting with the Wireless National industry's growth of 14.9% [7] - The company's price/earnings ratio is currently at 9.07, down from the industry average of 13.6 [10]
Tampa Police Department launches “Connected Officer” program with Verizon Frontline
Globenewswire· 2025-09-10 13:00
Core Insights - Verizon Frontline has deployed over 950 5G Ultra Wideband-enabled smartphones for the Tampa Police Department as part of a critical communications upgrade [1][2] - The "Connected Officer" initiative aims to equip every officer with a city-issued smartphone, enhancing efficiency and information security by preventing the use of personal devices for official business [2][4] - The partnership reflects Verizon's commitment to providing advanced network solutions for first responders, ensuring they have the necessary tools to protect communities [3][4] Company Initiatives - Verizon has made significant network upgrades across Florida, including improvements to fiber backhaul and the establishment of three dedicated Emergency Operation Centers to support network restoration [4] - The company has launched the Community Disaster Resilience Initiative in Tampa, focusing on helping communities prepare for and recover from natural disasters through partnerships with local organizations [5] Financial Performance - Verizon Communications Inc. generated revenues of $134.8 billion in 2024, showcasing its strong market presence and commitment to innovation [7]
Verizon Frontline welcomes newest “Verizon Frontline Verified” partners: Radiav and Siyata
Globenewswire· 2025-07-16 13:00
Core Insights - Verizon Frontline has expanded its "Verizon Frontline Verified" program by adding two new partners, Radiav and Siyata, which enhances its commitment to providing reliable 5G-enabled solutions for first responders [1][5]. Group 1: Verizon Frontline Verified Program - The "Verizon Frontline Verified" program designates vendors whose products meet rigorous standards for public safety use on the Verizon network, specifically designed to assist public safety officials during emergencies [6]. - Radiav's Rapid Air Deployable (RAD) is a compact communication unit that integrates multiple connectivity options, including 5G, LTE, satellite, Wi-Fi, and Ethernet, ensuring reliable communication in challenging environments [2][3]. - Siyata's SD7 is a ruggedized Push-to-Talk-over-Cellular handset aimed at providing first responders with high-quality and secure communication tools, representing an upgrade from traditional systems [3][4]. Group 2: Vendor Contributions - Both Radiav and Siyata have co-developed their products alongside first responders, ensuring that their solutions address real-world challenges faced in disaster zones [3]. - The products from both companies are utilized by the Verizon Frontline Crisis Response Team, supporting first responders across the nation with critical connectivity [4][5]. - The partnership with Verizon Frontline enhances the credibility and reliability of the solutions offered by Radiav and Siyata, as they are backed by a leading network in public safety [4]. Group 3: Company Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024, serving millions of customers and nearly all Fortune 500 companies, showcasing its significant market presence and commitment to innovation [9].
Comcast vs. Verizon: Which Telecom Stock is a Better Buy Right Now?
ZACKS· 2025-06-18 16:21
Industry Overview - The U.S. telecommunication industry in 2025 is characterized by high competition and rapid evolution driven by 5G adoption, demand for high-speed broadband, and AI-driven network optimization [2] Verizon Communications, Inc. (VZ) - Verizon is expanding its fiber-optic networks to support 4G LTE and 5G standards, which is contributing to solid customer additions through flexible pricing plans [3] - The company has introduced a three-year price lock guarantee for its myPlan and myHome network plans, aimed at attracting new customers and retaining existing ones [3] - Verizon is facing stiff competition from AT&T and T-Mobile, which is impacting its margins, and it has incurred high capital expenditures for its 5G Ultra-Wideband network and fiber asset deployment [4] - The introduction of network slicing in Verizon Frontline across 50 major markets enhances reliability for first responders, indicating a focus on new revenue opportunities [5] Comcast Corporation (CMCSA) - Comcast Xfinity offers widely accessible broadband services through a Hybrid Fiber-Coaxial (HFC) network, enabling gigabit-plus speeds for residential and business customers [6] - The rollout of DOCSIS 4.0 technology allows Comcast to deliver multi-gigabit symmetrical broadband speeds, enhancing its existing infrastructure [7] - Comcast has introduced a Five-Year Price Guarantee for Xfinity Internet Customers, addressing customer pain points related to pricing and transparency [9] - The company has a diverse revenue stream beyond connectivity, including its Studio business and Peacock streaming service, which saw a 20.6% year-over-year increase in paid subscribers to 41 million [10] - Despite macroeconomic challenges, Comcast's diversified business model provides stability, although it faces increased competition in the fiber broadband space [11] Financial Performance - The Zacks Consensus Estimate for Verizon's 2025 sales and EPS implies year-over-year growth of 1.7% and 2.18%, respectively, with a downward trend in EPS estimates over the past 60 days [12] - Comcast's 2025 sales are projected to decline by 1.35%, while EPS is expected to grow by 0.46%, with a recent upward trend in EPS estimates [12] - Over the past year, Verizon's stock has gained 4.2%, while Comcast's has declined by 6.3% [14] - From a valuation perspective, Comcast appears more attractive with a price/earnings ratio of 7.64 compared to Verizon's 8.77 [15] Investment Outlook - Both Verizon and Comcast are focusing on expanding their fiber broadband infrastructure and customer base, but face increasing competition [16] - Comcast's diverse revenue streams, including streaming and theme parks, offer greater resiliency, making it a potentially better investment option at present [19]
Verizon welcomes Ericsson to the ranks of “Verizon Frontline Verified” partners
GlobeNewswire News Room· 2025-04-30 13:00
Core Insights - Verizon Frontline has announced Ericsson Enterprise Wireless Solutions as the latest partner to achieve "Verizon Frontline Verified" status, enhancing its offerings for public safety and critical communications [1][2]. Group 1: Partnership and Product Verification - Ericsson Enterprise Wireless Solutions is recognized as a market leader in 4G and 5G Wireless WAN edge solutions, providing secure connectivity for various sectors including public safety [2]. - The "Verizon Frontline Verified" program designates vendors whose products meet rigorous standards for public safety use on the Verizon network, ensuring reliability for first responders [3][4]. - Products like the Cradlepoint R980 router, which supports the Verizon Frontline Network Slice, are now verified, enhancing mission-critical communications capabilities for public safety agencies [2][3]. Group 2: Industry Context and Company Performance - Verizon Frontline is built on over three decades of collaboration with public safety officials, tailored to meet the unique needs of first responders [5]. - Verizon Communications Inc. reported revenues of $134.8 billion in 2024, highlighting its significant market presence and commitment to innovation in connectivity and security [6].
Verizon Frontline provides critical Unmanned Aircraft Systems support for New Orleans PD during Mardi Gras
Newsfilter· 2025-04-07 14:00
Core Insights - The Verizon Frontline Crisis Response Team provided UAS support to the New Orleans Police Department during Mardi Gras, marking the first large-scale use of UAS for this event [2][5][9] - The initiative aimed to enhance situational awareness for first responders, with over 140 flights conducted, totaling more than 45 hours in the air [3][9] - Mardi Gras is a significant event for New Orleans, generating over $1 billion for the local economy and attracting millions of attendees [5] Company Overview - Verizon Frontline is designed to meet the unique needs of first responders, developed through three decades of collaboration with public safety officials [8] - The Verizon Frontline Crisis Response Team offers emergency assistance to government agencies and emergency responders at no cost, providing portable cell sites, Wi-Fi hotspots, and other communication solutions [7] Industry Context - The NOPD's mission focuses on maintaining order and protecting life and property through community-oriented policing, emphasizing collaboration with neighborhoods and organizations [6] - The use of UAS technology in public safety operations is an innovative approach to enhance efficiency and reduce risks during large-scale events [4][5]