Verizon’s telecom landscape is buzzing with the strategic hiring of industry veteran Dan Schulman. His impressive track record, ranging from AT&T to PayPal, brings a fresh perspective to Verizon’s quest for growth.
Verizon has set a new precedent with its recent achievement of 1.6 Tbps speeds over its live fiber network. This milestone, using cutting-edge WaveLogic 6 Extreme technology, meets the surging demand for AI data processing efficiently.
Verizon’s deployment of an Open RAN Distributed Antenna System (DAS) at the University of Texas and Austin Convention Center showcases an innovative leap in telecommunications. Open RAN is pivotal for flexible and efficient network services by utilizing components from multiple vendors.
Knightscope, a California-based innovator, is revolutionizing public safety with autonomous robots like the K5. Equipped with cameras, thermal imaging, and GPS, these 400-pound sentinels patrol areas like campuses and parking lots, detecting anomalies with Verizon-powered connectivity.
Verizon has extended its Global Network Solutions contract with the Department of Defense, enhancing secure communication networks in Southwest Asia. This vital partnership reflects Verizon’s pivotal role in evolving communication technology.
UScellular is selling $1 billion worth of spectrum to Verizon as part of its shift towards becoming an infrastructure-focused company. This sale accompanies a $4.4 billion acquisition of its wireless operations by T-Mobile.
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.
