VZ Verizon Communications Inc.

Verizon makes massive network investments in Austin

Verizon makes massive network investments in Austin

New cell sites, expanded 5G service, increased capacity and upgraded fiber are key additions to Verizon’s efforts to keep up with population and data usage growth

AUSTIN, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Responding to an unexpected to Texas during and following the pandemic, Verizon pledged significantly more investment in the state to manage the increased usage on its network. As part of the in the Lone Star state, Verizon engineers have been busy at work adding capacity, coverage and upgrading service in Austin, TX.

“We know how critical reliable, consistent, high-performing wireless connectivity is, and we are working hard to deliver the highest quality service possible to Austin,” said Phillip French, Vice President of Engineering and Operations for Verizon. “Our teams are committed in Austin and across Texas, where we’re seeing tremendous growth, to out-work our competitors every day in order to meet our promise to our customers.”

In 2023, Verizon engineers in Austin have turned on 11 new macro cell sites (large coverage cell sites) and 91 new small cell sites, adding capacity and coverage in Pflugerville, Georgetown, Leander, Buda, Circle C and The Domain areas. And they are not slowing down. Sixteen additional macro cell sites will be coming online in the next few months which will add capacity and coverage to Del Valle, Georgetown, Bee Cave, East Austin, Creedmore, Leander, NW Austin, Mueller, East Kyle, Austin Executive Airport, and Pflugerville.

Along with these new cell sites, Verizon engineers have been dramatically expanding access to 5G service throughout Austin using Verizon’s newly acquired C-band spectrum. As of last month, Austin residents and visitors are now able to use , more than doubling the 5G bandwidth available to serve customers throughout Austin. This allows Verizon to more quickly expand and enhance its 5G Ultra Wideband network, providing much greater capacity to accommodate more customers and more robust services, as well as enable higher data speeds. This additional spectrum will also allow Verizon to offer 5G Home broadband and Business Internet services to more customers throughout Austin.

The Moody Center, home to many legendary concerts, performances and sporting events has also recently gotten an upgrade. The Center has been modernized with a Verizon managed Distributed Antenna System (DAS), a wireless network of antennas throughout the arena allowing for better performance and greater capacity to accommodate fans’ needs. The speeds and capacity provided by this state-of-the-art system rivals any NBA Arena.

Lastly, the addition of 5G service and the many additional wireless solutions allow far more data to travel on the wireless network in McAllen. That exponential increase in data carried into and out of the cell sites serving the community requires upgraded fiber optic cable links. Fiber optic cables are used to move data between cell sites and connect those sites to the rest of the network. Verizon has increased the capacity on the fiber connections in many cell sites in the McAllen area so they can carry 10 times the amount of data.

MEDIA CONTACT:

Karen Schulz

864.561.1527



EN
06/09/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Verizon Communications Inc.

Moody's Ratings assigns Baa2 ratings to Verizon's proposed junior subo...

Moody's Ratings (Moody's) assigned Baa2 ratings to Verizon Communications Inc.'s (Verizon) proposed Euro and Sterling junior subordinated notes. All other ratings, including the company's Baa1 long term issuer rating, Baa1 senior unsecured notes ratings, (P)Baa1 senior unsecured MTN program ratings,...

 PRESS RELEASE

Verizon to speak at Barclays Communications and Content Symposium on F...

Verizon to speak at Barclays Communications and Content Symposium on February 24 NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Tony Skiadas, executive vice president and chief financial officer at Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Barclays Communications and Content Symposium on Tuesday, February 24, at 8:00 a.m. ET. The session will be webcast, with access instructions available on Verizon’s Investor Relations website, . Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand fo...

Verizon Communications Inc: 1 director

A director at Verizon Communications Inc sold 9,579 shares at 44.880USD and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...

Blair Levin
  • Blair Levin

T Threats Limited in Senate FirstNet Hearing; House Hearing This Week

In a legislative battle pitting the interests of T v. VZ and TMUS, the Senate held a hearing last week on the reauthorization of the FirstNet Authority (FNA), with the House holding another one this coming Wednesday. In this note, we analyze the first hearing as well as a draft House bill with an eye toward whether the upcoming Congressional action is likely to change the current economics of public safety communications for T, VZ, and TMUS.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch