reports
- Jonathan Chaplin
1Q24 Wireless Trends
We have updated NPS and industry trends for the latest quarter of data. Customer growth has settled in a tight range of 2%+. Revenue per customer accelerated, driving an uptick in service revenue and EBITDA growth for the group. NPS trends continue to improve for the wireless industry, with Dish now leading the pack. We run through thoughts on both trends in this note.
Verizon elects Caroline A. Litchfield to its Board of Directors
Verizon elects Caroline A. Litchfield to its Board of Directors NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced the election of Caroline A. Litchfield, Executive Vice President and Chief Financial Officer of Merck & Co., Inc., to the Verizon Board of Directors, effective October 1, 2024. “Caroline is an accomplished leader who brings to Verizon significant financial, strategic planning and risk management expertise acquired during her 34-year career at Merck. She has deep experience in finance, business operations, stakeholder ma...
- Jonathan Chaplin
Verizon Model Update
We have updated our Verizon model following comments at recent conferences. Our Consumer subscriber and EBITDA metrics are unchanged. We lowered consolidated EBITDA on weakness in Business and Corporate & Other (handset insurance). Consensus looks low on postpaid phone adds, high on FiOS adds, and high on FCF (big taxes this quarter; all timing). No material changes to full year. Verizon should post gradually improving results against a benign competitive environment. They are also the least exp...
Verizon Introduces New Customer-First Programs and Benefits, Refreshes...
Verizon Introduces New Customer-First Programs and Benefits, Refreshes the Brand NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- Verizon is announcing new programs and benefits that continue to give customers more choices and flexibility, and advance the momentum in the business. Verizon is also refreshing its brand, bringing forward the energy and vibrancy of how people live, work and play, powered by Verizon. The refreshed branding and creative formats will be rolling out across the company’s consumer, business and network footprints. Verizon is introducing new choices and flexibility fo...
Verizon introduce nuevos programas y beneficios centrados en el client...
Verizon introduce nuevos programas y beneficios centrados en el cliente y renueva su marca NUEVA YORK, June 26, 2024 (GLOBE NEWSWIRE) -- Hoy, Verizon anuncia nuevos programas y beneficios que siguen brindando a los clientes más opciones y flexibilidad, y avanzan el impulso del negocio. Verizon también renueva la marca reflejando la energía y vitalidad de cómo las personas viven, trabajan y se divierten, impulsados por Verizon. Los nuevos formatos creativos de la marca se implementarán en las áreas de consumo, negocios y red de la compañía. Verizon está introduciendo nuevas opciones y...
Introducing myHome: Home internet and entertainment made simple
Introducing myHome: Home internet and entertainment made simple Choose what you want, change when you need Home internet with price guarantees. The best entertainment and connected home perks. All in one place. With unbeatable savings. NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- The world of home internet and entertainment has become very complicated. Today, Verizon is launching myHome to make it easy for customers to choose, and save. With myHome, customers get the choice, flexibility and value they deserve – with savings on entertainment they love. myHome is the only one-stop-shop...
myHome: internet residencial y entretenimiento simple
myHome: internet residencial y entretenimiento simple Elige lo que quieras, cambia cuando lo necesites Internet residencial con precio garantizado. El mejor entretenimiento y beneficios de un hogar conectado. Todo en un solo lugar. Con ahorros inigualables. NUEVA YORK, N.Y., June 26, 2024 (GLOBE NEWSWIRE) -- El mundo del internet residencial y entretenimiento se ha vuelto muy complicado. Hoy, Verizon lanza myHome para que los clientes puedan fácilmente elegir y ahorrar. Con myHome, los clientes obtienen las opciones, la flexibilidad y el precio que merecen, con ahorros en el entretenim...
Verizon Business, Monarch Tractor drive sustainable farming practices ...
Verizon Business, Monarch Tractor drive sustainable farming practices through network connectivity What you need to know: Verizon Business and Monarch Tractor have joined together to support more sustainable farming practices through the use of Verizon’s network connectivity.Monarch’s autonomous tractors stay connected even in remote agricultural areas, leveraging the power of Verizon’s award-winning wireless networks.Monarch Tractor’s Monarch MK-V platform, integrated with Verizon’s technology, enables autonomous operations, near real-time visibility, and alerts for farmers. NEW YORK, Ju...
Verizon brings portable connectivity to sports and entertainment with ...
Verizon brings portable connectivity to sports and entertainment with new “Network in a Box” ST. LOUIS, Mo., June 24, 2024 (GLOBE NEWSWIRE) -- With connectivity becoming increasingly critical to every aspect of large sports and entertainment events, Verizon has unveiled an innovative, first-of-its-kind portable private network. The prototype solution provides secure, reliable, private connectivity for critical communications needed for operations, security, event production and the fan experience in stadiums or other venues when a permanent private network is not available. Verizon u...
Verizon Frontline showcases advanced communications solutions at TechN...
Verizon Frontline showcases advanced communications solutions at TechNet Cyber BALTIMORE, Md., June 24, 2024 (GLOBE NEWSWIRE) -- Verizon Frontline will demonstrate a number of innovative solutions designed to deliver mission-critical communications capabilities to public safety, government and military agencies during AFCEA’s annual TechNet Cyber event. Taking place June 25-27 at the Baltimore Convention Center, AFCEA TechNet Cyber brings together leaders from all areas of government to discuss the policy, strategic architecture, operations and command & control — along with the joint ...
Verizon to grant $61K to Latino-serving orgs, host STEM forum, offer f...
Verizon to grant $61K to Latino-serving orgs, host STEM forum, offer free headshots at Boston event BOSTON, June 24, 2024 (GLOBE NEWSWIRE) -- From 3 to 6 p.m. on Tuesday, June 25, Verizon will host the next event in the company's “Connected by Culture” series at Boston’s Downtown Crossing store (340 Washington St.). In addition to providing the Boston community with career and networking opportunities, the event will celebrate Verizon’s $61,000 in new donations to local Latino-serving organizations that boost STEM education, digital inclusion, youth empowerment, and small businesses. ...
Verizon offers soccer fans the chance to win tickets to the most antic...
Verizon offers soccer fans the chance to win tickets to the most anticipated match of the summer #SorteoALaFinal will take four lucky winners and their plus ones to Miami for a “VIP experience” of soccer’s top men's tournament final contested among national teams from South and North America NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Starting today through June 27, Verizon is inviting all soccer fans to participate in #SorteoALaFinal sweepstakes on the brand’s @TuVerizon Instagram for a chance to win a round-trip to Miami and attend the final match of the most anticipated internatio...
Verizon ofrece a los fans del fútbol la oportunidad de asistir al part...
Verizon ofrece a los fans del fútbol la oportunidad de asistir al partido más esperado del verano #SorteoALaFinal le dará la oportunidad a cuatro afortunados ganadores y sus acompañantes de ganar una “experiencia VIP” que los llevará a Miami para disfrutar de la final del torneo de fútbol masculino más importante disputada entre equipos nacionales de América del Sur y América del Norte NUEVA YORK, June 20, 2024 (GLOBE NEWSWIRE) -- A partir de hoy y hasta el 27 de junio, Verizon invita a todos los fanáticos del fútbol a participar en el sorteo #SorteoALaFinal en @TuVerizon, el Insta...
Verizon Business Complete: a new smartphone management solution for al...
Verizon Business Complete: a new smartphone management solution for all businesses Verizon Business is the only U.S. carrier offering an end-to-end smartphone management for midsize businesses and enterprises Now customers can have flexibility, scale and peace of mind when it comes to managing their business’ smartphone needs BASKING RIDGE, N.J., June 20, 2024 (GLOBE NEWSWIRE) -- Smartphone management is complex, especially for midsize and enterprise businesses that often conduct business outside of an office setting. This is why Verizon Business today announced an end-to-end smartphone...
- Blair Levin
NSR Policy: Update on Bulk Billing
In the last few months, most of our writings have been on the interplay of the fate of the Affordable Connectivity Program (ACP), Spectrum, Title II, and potential state actions related to low-income broadband affordability. This has reflected the potential immediate market consequences those policy processes could have.
Verizon Frontline connects Utah first responders during search and res...
Verizon Frontline connects Utah first responders during search and rescue training SEVIER, Utah, June 19, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently delivered mission-critical communications capabilities in support of the Sevier County Sheriff’s Office and multiple other public safety agencies during the annual Utah Search and Rescue (SAR) Conference at Fish Lake. At the request of the Sevier County Sheriff’s Office, the Verizon Frontline Crisis Response Team delivered a Satellite Picocell on Trailer (SPOT), a Rapid Response Connectivity Unit (RRCU) and ...
Verizon expands network capacity across Alaska
Verizon expands network capacity across Alaska New capacity comes as Verizon marks its tenth anniversary serving Alaska IRVINE, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- Verizon recently expanded its network across Alaska, adding additional spectrum at 89 cell sites across the state to increase network capacity by approximately 30 percent. This newly expanded capacity benefits residents, businesses, and visitors in Kenai, Soldotna, Anchor Point, Homer, Seward, Meadow Lake, Denali Park, Two Rivers, and Pleasant Valley. This additional spectrum allows Verizon to provide greater bandwidth...
Verizon Business Recognized as a 2024 Gartner® Peer Insights™ Customer...
Verizon Business Recognized as a 2024 Gartner® Peer Insights™ Customers' Choice for IoT The distinction of 2024 Gartner Peer Insights Customers’ Choice for Managed IoT Connectivity Services, Worldwide1, reflects ratings from customers and end-users of IoT services. Customers’ Choice vendors meet or exceed both the market average Overall Experience and the market average User Interest and Adoption NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Today, Verizon Business announced it was named a Customers’ Choice in the 2024 Gartner Peer Insights “Voice of the Customer” for Managed IoT Connect...
Verizon gives beach goers a boost with expanded 5G service in Myrtle B...
Verizon gives beach goers a boost with expanded 5G service in Myrtle Beach and Hilton Head, SC Survey shows 75% of beachgoers typically use their phone at the beach, just under two thirds who bring their phone say they’ve used it for work What you need to know: Verizon recently added 20 new small cells and added 5G capacity to 31 existing cell sites in Myrtle Beach, and added a new cell site to offer expanded 4G and 5G coverage and added 5G capacity to eight existing cell sites in Hilton Head.Beachgoers are more likely to bring their phones to the beach than a chair, umbrella...
Verizon upgrades network along Jersey Shore to bolster public safety, ...
Verizon upgrades network along Jersey Shore to bolster public safety, handle massive data increase Sea Girt, Lavallette, Seaside Park, Ortley Beach get network upgrades for summer BASKING RIDGE, N.J., June 18, 2024 (GLOBE NEWSWIRE) -- With people flocking to the Jersey Shore for sunshine, beaches and endless options for summer fun, Verizon has seen a massive increase in data usage on its network – even on the boardwalk and the sand. To address this surge and prepare for the continued influx expected throughout the summer months, Verizon recently completed major upgrades to the network s...
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