A Verizon network outage caused widespread disruptions across the United States on Monday. Customers reported issues from California to New York, with concentrations in cities like Chicago and Phoenix. Verizon acknowledged the problem and initiated immediate recovery efforts.
Verizon has entered a $3.3 billion leaseback agreement with Vertical Bridge, impacting over 6,300 towers across the U.S. This marks one of the largest tower transactions in a decade. Verizon retains tower ownership while Vertical Bridge manages operation, enhancing their existing portfolio and bolstering U.S. wireless infrastructure.
Verizon Business has partnered with Vay Technology to enhance Vay’s innovative driverless fleets with cutting-edge 5G connectivity. Vay’s remote-operated electric vehicles will leverage Verizon’s robust mobile network, revolutionizing the VoIP landscape with teleoperation-ready cars and seamless data management.
Verizon’s acquisition of Frontier Communications for $20 billion will expand its fiber footprint to 25 million premises across 31 states and Washington, D.C. This strategic move aims to enhance Verizon’s fiber and fixed wireless access services, accelerating premium broadband offerings and boosting overall service revenue.
Verizon Business 2024 Mobile Security Index unveils rising cybersecurity threats from mobile and IoT devices. With 95% of businesses actively using IoT, security concerns have intensified. The report emphasizes the need for enhanced mobile security, especially in critical sectors. Investing in advanced cybersecurity solutions is crucial as IoT becomes more integral to business operations.
This week, reports indicate that Verizon is considering selling up to 6,000 telecom towers across the US. This potential $3 billion sale aligns with a broader industry trend where telecom giants divest tower portfolios. For VoIP providers, this could mean enhanced infrastructure for better service delivery.
Verizon strongly opposes the Public Safety Spectrum Alliance’s proposal to allocate the 4.9 GHz band to FirstNet, operated by AT&T. Verizon argues this would disrupt competitive balance and unfairly benefit AT&T. This debate within the FCC could significantly affect public safety communications and commercial wireless use, making it a critical issue for the voip industry.
Verizon has introduced a new prototype, the “network in a box” (NIB), aiming to bridge the gap between public and private network deployments. This innovative solution targets customers who desire the advantages of a private mobile network—such as enhanced performance, reliability, privacy, and security—without the need for a permanent setup due to financial or practical constraints.
Last month, AST SpaceMobile secured a partnership with Verizon to leverage its upcoming satellite network for comprehensive connectivity across the U.S. Since then, the company’s value has surged, with its share price climbing 70%, marking its highest level since November 2022.
Verizon has entered into a $100 million agreement with AST SpaceMobile to extend satellite coverage across the United States. This partnership aims to achieve 100% geographical coverage by utilizing the 850 MHz spectrum, particularly in areas lacking traditional terrestrial service.