Verizon
Verizon expands free Home Internet program to help bridge digital divide
Verizon announced that select 5G Home and LTE Home Internet services are available for free to qualifying households through the new Verizon Forward Program.
Verizon launches 5G Innovation Hub with the University of South Carolina (Verizon)
Submitted by grace@benton.org on Fri, 09/16/2022 - 15:13Verizon completes C-band trial, will soon begin commercial deployment (Verizon)
Submitted by dclay@benton.org on Mon, 09/12/2022 - 15:58Report: 2022 Mobile Security Index (Verizon)
Submitted by dclay@benton.org on Wed, 08/10/2022 - 10:38Data usage on Verizon's 5G Ultra Wideband network has increased 249 percent (Verizon)
Submitted by grace@benton.org on Wed, 08/03/2022 - 13:13Verizon reports low fiber gains in second quarter 2022 results
Verizon reported its second quarter 2022 results on July 22. Total revenue for the company was $33.8 billion, relatively flat from second-quarter 2021. Its net income was $5.3 billion, a decrease of 10.7 percent from second-quarter 2021. Total broadband net additions reached 268,000, including 256,000 fixed wireless net additions. This was an increase of 39,000 from first-quarter 2022, and fixed wireless net additions increased 62,000 from first-quarter 2022. Verizon had 36,000 Fios Internet net additions.
Verizon awarded over $400 million modernization contract with FBI (Verizon)
Submitted by grace@benton.org on Tue, 07/19/2022 - 13:28Verizon delivers faster connections to 64 Native American reservations in 13 states
Verizon will deliver enhanced connectivity to approximately 80 Bureau of Indian Education (BIE) schools operated by Native American tribes on 64 reservations in 13 states. Verizon’s network investment across diverse tribal lands is expected to lead to reliable, high-speed internet service and connected devices for thousands of students. The work will support BIE's mission to provide quality education opportunities from early childhood through life in accordance with a tribe's needs for cultural and economic well-being.
Verizon sees strong wireless growth in 2022
Verizon reported first-quarter 2022 results that showed strong growth in its wireless business. Consolidated revenues for first-quarter 2022 totaled $33.6 billion, up 2.1 percent from first-quarter 2021. Verizon's growth in first-quarter 2022 was driven by the first full quarter of ownership of TracFone Wireless, higher equipment revenue, and strong wireless service revenue growth. The company saw a total wireless service revenue of $18.3 billion, a 9.5 percent increase year over year.