Verizon Private 5G Networks

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Verizon Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-07-21 08:19
Group 1 - Verizon Communications Inc. is set to release its second-quarter earnings results on July 21, with analysts expecting earnings of $1.20 per share, up from $1.15 per share in the previous year [1] - The projected quarterly revenue for Verizon is $33.55 billion, an increase from $32.8 billion a year earlier [1] - Verizon Business, Thames Freeport, and Nokia Corp. announced a partnership to deploy Verizon Private 5G Networks in key logistics and manufacturing sites along the River Thames Estuary in the U.K. [2] Group 2 - Wells Fargo analyst Eric Luebchow maintained an Equal-Weight rating and raised the price target from $42 to $43 [5] - Morgan Stanley analyst Benjamin Swinburne reinstated an Equal-Weight rating with a price target of $47 [5] - Tigress Financial analyst Ivan Feinseth maintained a Buy rating and increased the price target from $55 to $56 [5] - Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and raised the price target from $48.5 to $49 [5] - Oppenheimer analyst Timothy Horan maintained an Outperform rating and increased the price target from $48 to $50 [5]
Verizon Business wins multisite private 5G contract fueling a multibillion dollar regeneration project
Globenewswire· 2025-06-25 04:01
Core Insights - Verizon Business, Thames Freeport, and Nokia have formed a strategic partnership to implement Verizon Private 5G Networks in key logistics, manufacturing, and innovation sites along the River Thames Estuary in the UK, aiming for a multiyear, multibillion-dollar operational transformation and economic revival in the region [2][4]. Group 1: Economic Impact - The deployment of Private 5G Networks is expected to create a scalable connectivity foundation for advanced data, AI, edge computing, and IoT infrastructure, enhancing port and manufacturing operations [3][10]. - Thames Freeport has already generated 1,400 jobs and aims to reach 5,000 by 2030, focusing on high-skilled training for local communities [4][10]. Group 2: Technological Advancements - The Private 5G Networks will enable capabilities such as AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration [5][9]. - Nokia will provide the hardware and software for the networks, incorporating the Nokia Digital Automation Cloud (DAC) platform and Nokia MX Industrial Edge (MXIE) [5][9]. Group 3: Strategic Goals - The Thames Freeport initiative aims to stimulate trade, foster innovation, support energy transition, create jobs, and improve local living conditions [10][11]. - The use of IoT for autonomous operations and AI for environmental monitoring will enhance operational efficiency and sustainability at the Freeport [11][12].
Nokia selected by Verizon as hardware and software provider for Thames Freeport multisite private 5G deal
Globenewswire· 2025-06-25 04:00
Core Insights - Nokia has been selected by Verizon as the hardware and software provider for the deployment of Private 5G Networks at Thames Freeport, which is expected to drive a multi-year, multi-billion dollar operational transformation in the region [1][5][10] Group 1: Partnership and Economic Impact - The partnership aims to enhance logistics, manufacturing, and innovation across key sites along the River Thames Estuary, contributing to economic revival and job creation [1][3] - Thames Freeport has already created 1,400 jobs and aims to reach 5,000 by 2030, focusing on high-skilled training for local communities [3][10] Group 2: Technological Advancements - The Verizon Private 5G Networks will enable advanced capabilities such as AI-driven data analytics, predictive maintenance, process automation, and real-time logistics orchestration [4][9][11] - The deployment will incorporate Nokia's Digital Automation Cloud (DAC) platform and MX Industrial Edge (MXIE), facilitating a scalable connectivity foundation for IoT and edge computing [4][9] Group 3: Strategic Goals and Future Vision - The initiative is part of a broader mission for economic regeneration, operational excellence, and innovation leadership, aiming to stimulate trade and attract global investment [6][10] - The deployment is positioned as one of the largest commercial private 5G rollouts in a European port, showcasing the potential of private wireless networks for industrial transformation [9][10]