image credit: Adobe Stock

Verizon CEO: ‘Private networks are the gateway to’ MEC

August 1, 2022


While it’s weathering a rough second quarter, Verizon still sees material revenue opportunities from delivering private 5G networks, mobile edge computing and other services into the enterprise and government sectors. Speaking on an earnings call last week, CEO Hans Vestberg said, “Private networks are the gateway to mobile edge compute, which can deliver game-changing customer outcomes, including revenue growth, new customer experiences and cost savings.”

“This trend will continue to create growth opportunities for us across a range of industries, as we are a market leader in 5G private networks and in mobile edge compute,” Vestberg said.

Read More on RCR Wireless News