Tag: Verizon

September 19, 2022

CEO Hans Vestberg is focused on creating a Verizon turnaround and sustainable comeback. This has been the challenge he has been wrestling with since taking over the leadership position in 2018 from Lowell McAdam. Let’s take a closer look at […]

September 15, 2022

Verizon will deploy a private 5G network inside an aircraft maintenance hangar on Joint Base Pearl Harbor-Hickam (JBPHH) as part of an $11.5 million Tranche 2 award from the U.S. Department of Defense (DoD). The private network, which will provide […]

September 13, 2022

Verizon announced that it has now deployed over 8,000 virtualized cell sites with a goal of deploying over 20,000 by the end of 2025. This technology milestone allows Verizon to rapidly respond to customers’ varied latency and computing needs, and […]

September 13, 2022

Verizon said it has already deployed over 8,000 virtualized RAN (vRAN) cell sites with a goal of deploying over 20,000 by the end of 2025, the telco said in a release. The carrier said that the deployment of this technology […]

September 6, 2022

The Federal Communications Commission’s auction of 2.5 GHz overlay licenses wrapped up last week after about a month of bidding. Winning bidders have been announced, and as expected, T-Mobile US used the auction as a way to bolster its 2.5 […]

September 1, 2022

American Tower Corporation’s U.S. Division has long-term facilities leasing deals with all four U.S. carriers with Verizon this week entering into a new arrangement to support its ongoing 5G deployment. Speaking earlier this month at Cowen 8th Annual Communications Infrastructure […]

August 31, 2022

Verizon and American Tower Corporation have announced a long-term lease agreement designed to support the carrier’s 5G network deployment across the tower company’s U.S. communications sites. According to the pair, the deal will “provide a simplified and efficient leasing process […]

August 18, 2022

The U.S. Department of Defense (DoD) has awarded Verizon a new $28.35 million contract. Verizon will provide Naval Computer and Telecommunications Area Master Station Atlantic with integrated voice and data services via central office-based facilities to defense activities at Naval […]

August 15, 2022

On the heels of agreeing to spend $3.5 billion to acquire formerly-leased 600 MHz spectrum in 17 partial economic areas, T-Mobile US CFO Peter Osvaldik joined the virtual Oppenheimer 25th Annual Technology, Internet and Communications last week to give an […]

August 12, 2022

Japanese pharmaceutical company Astellas Pharma has selected Verizon Business to manage its global network infrastructure. The advanced network management solutions should help the company reduce drug development timelines and healthcare costs, as well as take advantage of new revenue opportunities, […]

August 12, 2022

Sowmyanarayan Sampath, the new head of Verizon Business, this week discussed what he sees as three technology trends that, when coupled with the operator’s 5G network, can grow total addressable market by $90 billion. Speaking at the Oppenheimer 25th Annual […]

August 5, 2022

The Federal Communications Commission’s 2.5 GHz auction has rounded up just $143 million in gross bids after nine rounds. The auction raised about $103 million in its first day, with six hours of bidding. IT has only brought that total […]

August 3, 2022

Verizon announced it is currently working to increase the capacity of its fiber network by upgrading older router equipment with new equipment, capable of utilizing the latest 400 Gbps-per-port optical technology. The U.S. carrier said that once the overhaul of […]

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 […]

July 27, 2022

T-Mobile US beat expectations on customer additions for the second quarter of 2022 and has raised its expectations for the year in a number of areas, continuing a strong showing while AT&T and Verizon pull back on their guidance. T-Mo […]

July 25, 2022

After recent successful trials, Verizon has started deploying with 100 MHz of C-band spectrum in many markets across the US – a significant increase from the 60 MHz of spectrum it has deployed in 5G markets to date. Almost doubling […]

July 22, 2022

Verizon saw lower profits, flat revenues and just 12,000 postpaid phone net additions during the second quarter, and it has cut its full-year expectations on growth in wireless service revenue and overall company revenues. In Q2, Verizon’s consumer segment posted […]

July 21, 2022

Verizon Business announced plans to build a 5G NonStandalone private network at one of the port of Virginia’s main container terminals that will combine 5G small cells with an LTE packet core and supporting radios — a solution that the […]

July 20, 2022

Verizon Public Sector announced an over $400 million Enterprise Infrastructure Solutions (EIS) task order with the Federal Bureau of Investigation (FBI) to help the agency meet increasing demands for data bandwidth around the globe successfully. Verizon’s EIS task order with […]

July 19, 2022

Verizon says it has started to expand its 5G service with the deployment of 100 megahertz of C-Band spectrum in many markets across the U.S. following recent trials. The carrier said in a release this new deployment represents a “significant […]