Last month, AST SpaceMobile agreed a new partnership with Verizon, promising to use its upcoming satellite network to deliver ubiquitous connectivity across the US. Now, weeks later, the company’s value continues to surge, with its share price rising 70% to its highest level since November 2022.
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Verizon secures $2.7bn US navy contract
The US Department of the Navy has chosen Verizon’s government, education, and public safety arm, Verizon Public Sector, to provide wireless services, in a contract worth up to $2.67 billion over 10 years.
T-Mobile and Verizon to buy US Cellular, reports say
US mobile operators T-Mobile and Verizon are in discussions to separately buy parts of smaller rival US Cellular, according to a report from the Wall Street Journal.
Verizon Business and Cummins deal combines private 5G and neutral host tech
Verizon Business and Cummins Inc have announced an agreement to implement Verizon’s all-new Neutral Host Network product at Cummins’ Jamestown Engine Plant (JEP) in Lakewood, NY.
Ribbon Selected to Provide Advanced Voice Network Platform and Services for Verizon
Multi-year program delivers significant cost efficiencies, technology advancements and environmental benefits
Verizon rolls out connectivity upgrades in Detroit for NFL Draft
Verizon has spent approximately $25 million on upgrading infrastructure in Detroit in anticipation of the NFL Draft. Mayor Mike Duggan predicted at least 300,000 visitors will descend on the city for draft events from 25 – 27 April.
Verizon’s Innovative Learning initiative reaches 7m students
Verizon has announced that Verizon Innovative Learning, the company’s award-winning education initiative focused on supporting digital equity and inclusion for students nationwide, has reached seven million students with digital skills training
Verizon to deploy private 5G network at Audi test track
Verizon Business and Audi AG today announced a partnership to build a state-of-the-art private wireless network and tech-testing environment at Audi’s automotive test track in Neustadt, Germany
Verizon to trial private 5G networks at NHL stadiums
Verizon, the “Official 5G Network of the NHL,” and the National Hockey League (NHL®) today announced a multi-year sponsorship renewal continuing Verizon’s role as the League’s Official 5G Partner, Official Wireless Services Partner and Official Mobile Edge Computing Partner in the United States
Data breach at Verizon impacts 63,000 employees
News The breach was seemingly caused inadvertently by a fellow staff member This week, US mobile giant Verizon has informed authorities that the personal data of 63,206 people – primarily the company’s own employees – have been compromised by a data breach. This...
Verizon and AT&T release financial results as market spending slackens
News The two firms have released their financial results for Q4 of 2023, both of which reflect current market conditions Verizon have released their annual earnings report, in which total revenue for 2023 stood at $134 billion, a 2.2% year-on-year decrease....
Verizon’s ‘Dragon Tower’ breathes 5G into Hawaiian military base
The 5G mobile mast will provide secure, high speed communications services for service members if the U.S. Army Garrison Hawaii and their family on the Helemano Military Reservation (HMR)
Verizon doubles down with second private 5G deployment at Port of Virginia
The private 5G network will enable new technologies including drones, autonomous vehicles, and push-to-talk mobile capabilities
Verizon and AT&T subscribers draw up class action lawsuit against T-Mobile
This week, a federal judge has ordered T-Mobile US must face a lawsuit from Verizon and AT&T customers over price increases.
More specifically, the customers (all seven of them) are claiming that T-Mobile’s $23 billion merger with Sprint back in April 2020 damaged competition in the market to such an extent that AT&T and Verizon were able drive up prices for their wireless services
Verizon gains full access to C-band after satellite exodus
News The operator has gained access to all of the spectrum it purchased at auction roughly four months ahead of schedule Back in 2021, Verizon paid a whopping $45.5 billion at auction for 5G spectrum in the C-band, planning on using it at the backbone of their...
Verizon strikes $2.1bn Managed Network Services deal with HCLTech
News The partnership will see HCLTech become Verizon Business’s “primary Managed Network Services (MNS) collaborator” This week, Verizon Business has announced a major partnership with Indian ICT firm HCLTech that onlookers suggest could be worth up to $2.1 billion....
Verizon Business leverages eSIM for new global IoT platform
News Bell Canada and Telenor will be the global platforms first partners, focussing on expanding the companies’ eSIM-based network access and service footprints Today, Verizon Business has announced the launch of its new eSIM-based IoT platform, dubbed Verizon Global...
Verizon strikes mobile tower deal with Vertical Bridge
News The deal will see Vertical Bridge build towers across the US to help Verizon expand the reach of its 4G and 5G Ultra Wideband services This week, Verizon has announced it’s a new deal with Vertical Bridge that will see the infrastructure specialist build new...
Verizon shuffles executive team in search of growth
News Changes include CFO Matt Ellis will stepping down for his role, as well as new CEO appointments for Verizon Consumer Group (VCG) and Verizon Business Group (VBG) Verizon’s latest financial results, reported in January, were something of a disappointment, with the...
Verizon records 5G upload speeds of over 1Gbps
Press Release Verizon engineers continue to drive the evolution of 5G Ultra Wideband technology achieving 1.26 Gbps in upload speed. With uploading data becoming increasingly important for video chats, uploading large files or live streaming video, this significant...
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