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.
T-Mobile US and Verizon are reportedly in talks to acquire UScellular, with negotiations underway to divide the telco’s assets between them. According to sources cited by the Wall Street Journal, both major mobile network operators (MNOs) are strategizing separate deals to secure portions of UScellular’s operations.
Cummins Inc, a global leader in manufacturing heavy-duty truck engines, has sealed a groundbreaking deal with Verizon Business to introduce cutting-edge wireless networks at its Jamestown Engine Plant (JEP) in Lakewood, NY. The collaboration entails the deployment of Verizon’s innovative Neutral Host Network alongside a Private 5G Network within the premises of JEP, aiming to cater to both public and private connectivity needs.
Verizon’s laudable initiative, Verizon Innovative Learning, has achieved a milestone by bringing digital skills training to seven million students, aiming to address digital inclusion. Their ongoing efforts focus on underserved Title I schools, providing them with an integrated technology curriculum, advanced tech tools and free internet connectivity.
In a significant move towards enhancing developer access to advanced network capabilities, Ericsson’s Vonage has teamed up with telecommunications giant Verizon. This collaboration, formalized through a memorandum of understanding, aims to integrate Verizon’s network APIs (Application Programming Interfaces) into the Vonage platform. This integration is expected to foster deeper consumer engagement and loyalty by enabling enterprises to offer a more seamless and enriched customer experience across various stages of the customer journey.
In a significant security incident, US telecom giant Verizon suffered a serious data breach impacting over 63,000 workers. Despite occurring last September, the leak wasn’t detected until December. Delving into the possible causes reveals potential insider wrongdoing. With the exposed data consisting of extensive personal details, Verizon claims that it hasn’t been shared externally yet. As the company probes into the breach, it offers its affected staff credit monitoring and identity theft protection for two years.
Verizon has inked a new deal with the US Department of Defense (DoD) to install a 5G tower on Oahu, Hawaii. The $1 million project aims to address the longstanding issue of poor connectivity in the area surrounding the Army and Air Force Exchange Service’s (Exchange) HMR Express.
As Santa Claus gears up for his global sleigh ride, Verizon’s holiday tech squad is set to collaborate with the North American Aerospace Defense Command (NORAD) for the 21st consecutive year. In a bid to enhance NORAD’s capabilities in tracking Santa’s journey on Christmas Eve, Verizon will leverage its robust network infrastructure.
Verizon Public Sector has clinched a $15 million task order to upgrade voice and data services for the U.S. Navy’s Morale, Welfare and Recreation (MWR) division. The contract, granted under the federal government’s Enterprise Infrastructure Solutions (EIS) procurement initiative, will witness Verizon integrating innovative technologies and services for voice across MWR’s global locations.
