Verizon Communications

Verizon issues its sixth $1 billion green bond

Retrieved on: 
Monday, February 26, 2024

This follows Verizon’s announcement earlier this month that the company fully allocated the net proceeds of its fifth green bond to renewable energy investments.

Key Points: 
  • This follows Verizon’s announcement earlier this month that the company fully allocated the net proceeds of its fifth green bond to renewable energy investments.
  • Verizon has now issued six green bonds for a total of $6 billion since 2019.
  • "Verizon closed the U.S. telecom industry's first green bond five years ago.
  • Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023.

Verizon and KDDI partner to connect high-tech AFEELA electric vehicle from Sony Honda Mobility

Retrieved on: 
Monday, February 26, 2024

NEW YORK and DALLAS, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Verizon and KDDI today announced plans for a collaboration to bring cutting-edge connected car capabilities to the AFEELA brand's first mass-production electric vehicle in the United States.

Key Points: 
  • AFEELA, a brand of Sony Honda Mobility (SHM), is the high-tech software-defined electric vehicle with highly advanced sensing technology, AI capabilities, and connected features.
  • NEW YORK and DALLAS, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Verizon and KDDI today announced plans for a collaboration to bring cutting-edge connected car capabilities to the AFEELA brand's first mass-production electric vehicle in the United States.
  • “AFEELA,” a new brand of Sony Honda Mobility, was announced at CES® 2023.
  • Sony Honda Mobility (SHM) was established by Sony Group and Honda for the joint development and sale of high-value-added electric vehicles (EVs) and the provision of services for mobility in September 2022.

Verizon’s network remains fully operational

Retrieved on: 
Thursday, February 22, 2024

Verizon issued the following statement:

Key Points: 
  • Verizon issued the following statement:
    Verizon's network remains fully operational.
  • Some customers may have experienced issues this morning when calling or texting those served by another carrier.
  • Our network continues to function normally.
  • The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, and security.

Verizon Business building highly customized private 5G environment for Audi AG automotive test track

Retrieved on: 
Thursday, February 22, 2024

BASKING RIDGE, N.J. and INGOLSTADT, Germany, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Verizon Business and Audi AG today announced a partnership to build a state-of-the-art private wireless network and tech-testing environment at Audi’s automotive test track in Neustadt, Germany. The dynamic, multi-core wireless network is designed to duplicate network conditions in key markets around the world, with custom-built replicas of Verizon’s U.S. public network, local European networks, and the roaming network of Audi’s MVNO partner in Asia-Pacific. Audi and other brands from the Volkswagen Group have access to the track and network.

Key Points: 
  • The dynamic multi-core network marries the onsite private test network with replicas of the Verizon public network in the USA, local European networks, and Audi’s MVNO partner networks in Asia-Pacific.
  • BASKING RIDGE, N.J. and INGOLSTADT, Germany, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Verizon Business and Audi AG today announced a partnership to build a state-of-the-art private wireless network and tech-testing environment at Audi’s automotive test track in Neustadt, Germany.
  • Audi and other brands from the Volkswagen Group have access to the track and network.
  • “Our needs for this test track were complex and multi-dimensional, encompassing many technologies, geographic network conditions, and industry trends.

Verizon Business to demonstrate the impact of connected healthcare at ViVE 2024

Retrieved on: 
Thursday, February 22, 2024

BASKING RIDGE, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Verizon Business will showcase its healthcare solutions at ViVE 2024 (Booth #1510) at the Los Angeles Convention Center in Los Angeles this month.

Key Points: 
  • BASKING RIDGE, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Verizon Business will showcase its healthcare solutions at ViVE 2024 (Booth #1510) at the Los Angeles Convention Center in Los Angeles this month.
  • In 2024, healthcare providers will invest more in technology to enhance patient care, close the digital divide, and safeguard patient information.
  • "Verizon Business is working with leading healthcare enterprises to bridge the digital divide and bring equitable care to various patient populations,” said Scott Lawrence, Senior Vice President Global Solutions, Verizon Business.
  • To schedule a media briefing or a booth tour with an attending Verizon Business executive, please email [email protected] .

Verizon Business Showcases Smart Grid Solutions at DISTRIBUTECH

Retrieved on: 
Wednesday, February 21, 2024

BASKING RIDGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Verizon Business will demonstrate the future of connected energy through innovative smart grid and utility transmission solutions at this year’s DISTRIBUTECH, an annual event that showcases forward-looking technologies that power homes and businesses.

Key Points: 
  • Verizon Business to showcase the latest in smart grid and utility transmission solutions at DISTRIBUTECH International February 27-29.
  • Stop by booth #1233 on the showfloor
    BASKING RIDGE, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Verizon Business will demonstrate the future of connected energy through innovative smart grid and utility transmission solutions at this year’s DISTRIBUTECH, an annual event that showcases forward-looking technologies that power homes and businesses.
  • Intelligent Lighting Solutions for Smart Cities , Brian Rudy, Senior Director- Strategic Orchestration, IIoT, Verizon Business.
  • For more information on Verizon Business’ smart grid solutions, click here or stop by booth #1233 on the showfloor.

Synchronoss to Unveil New Version of AI-Powered Personal Cloud Platform at Mobile World Congress

Retrieved on: 
Wednesday, February 21, 2024

BRIDGEWATER, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced it will showcase the latest version of Synchronoss Personal Cloud at Mobile World Congress on February 26-29, 2024, in Barcelona, Spain.

Key Points: 
  • BRIDGEWATER, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR), a global leader and innovator in personal cloud platforms, today announced it will showcase the latest version of Synchronoss Personal Cloud at Mobile World Congress on February 26-29, 2024, in Barcelona, Spain.
  • Purpose-built for telecom operators and mobile service providers, Synchronoss Personal Cloud delivers a robust platform to backup and manage files, photos, videos, and digital content stored on mobile phones and other devices.
  • “We’re looking forward to unveiling the latest evolution of the Synchronoss Personal Cloud platform at Mobile World Congress,” said Jeff Miller, President and CEO of Synchronoss.
  • The new features of Synchronoss Personal Cloud are being rolled out to millions of subscribers, including cloud users at AT&T, Verizon, and SoftBank.

Ad tiering pays off as 36% of subscribers level up to avoid ads

Retrieved on: 
Tuesday, February 20, 2024

But it’s a dangerous game for subscription providers, with 31% of subscribers saying they’ve canceled at least one service because ads were introduced.

Key Points: 
  • But it’s a dangerous game for subscription providers, with 31% of subscribers saying they’ve canceled at least one service because ads were introduced.
  • Strong objections also remain towards ‘premium ad tiers’, with 78% saying that paid-for subscriptions should never display ads.
  • While 35% of TV and video streamers have paid for an upgrade to avoid watching ads, this figure rises to 48% among music subscribers.
  • While many people predicted that ad tiering would be firmly rejected, in reality subscribers are welcoming the flexibility it provides.

Verizon completes final allocation of its fifth $1 billion green bond

Retrieved on: 
Monday, February 19, 2024

NEW YORK, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Today, Verizon Communications Inc. (NYSE, Nasdaq: VZ) issued its Green Bond Impact Report , outlining the full allocation of the nearly $1 billion of net proceeds from its fifth green bond, which was issued in May 2023 .

Key Points: 
  • NEW YORK, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Today, Verizon Communications Inc. (NYSE, Nasdaq: VZ) issued its Green Bond Impact Report , outlining the full allocation of the nearly $1 billion of net proceeds from its fifth green bond, which was issued in May 2023 .
  • In February 2019, Verizon became the first U.S. telecom company to issue a green bond and remains a leader in the industry with the allocation of five green bonds.
  • The Green Bond Impact Report can be found on the company’s investor relations site at https://www.verizon.com/about/investors/green-bond-reports .
  • Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023.

Avangrid Joins JUST Capital and PayPal’s Worker Financial Wellness Initiative

Retrieved on: 
Wednesday, March 6, 2024

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, is continuing to prioritize their employees’ financial security and health by joining The Worker Financial Wellness Initiative by JUST Capital and PayPal.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, is continuing to prioritize their employees’ financial security and health by joining The Worker Financial Wellness Initiative by JUST Capital and PayPal.
  • The Initiative, established in collaboration with the Financial Health Network and Good Jobs Institute, offers resources to help companies assess and improve workers’ financial health.
  • The Worker Financial Wellness Initiative will cement us as a benefits leader and help us continue to enhance our programs and resources.”
    The Worker Financial Wellness Initiative was launched in 2020 and engages directly with corporate leaders to promote the business value of financial health investment and empower them to perform worker financial health evaluations.
  • Today, the initiative includes companies such as Chipotle, Chobani, Even, Prudential Financial, Synchrony, and Verizon, representing one million American workers.