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Verizon to redeem debt securities on April 23, 2025
Newsfilter· 2025-03-24 12:20
Core Points - Verizon Communications Inc. announced the redemption of $984,778,000 of its 2.625% Notes due 2026 on April 23, 2025 [1] - The redemption price will be the greater of 100% of the principal amount or the present value of remaining scheduled payments discounted at the Treasury Rate plus 20 basis points [1] Redemption Details - The specific notes being redeemed have the following identifiers: CUSIP: 92343V DD3, ISIN: US92343VDD38, Common Code: 146607594 [1] - The calculation of the redemption price will occur on the third business day preceding the redemption date [1]
Is Verizon's 6.2%-Yielding Dividend Still Safe After This Announcement?
The Motley Fool· 2025-03-20 09:40
Core Viewpoint - Verizon Communications offers a high dividend yield of around 6.2%, but concerns about the sustainability of this yield have arisen due to recent performance warnings and competitive pressures [1][2]. Financial Performance - Verizon's share prices have decreased by 17% over the past three years, indicating a lack of excitement in the business [2]. - For 2025, Verizon projects wireless service revenue growth between 2% and 2.8%, following a disappointing 2024 where revenue was $134.8 billion, rising by less than 1% [4]. - The company currently pays approximately $2.8 billion quarterly in dividends, totaling around $11.4 billion annually [7]. Dividend Sustainability - The payout ratio stands at 64%, providing a buffer against potential earnings pressure [6]. - Verizon's projected free cash flow for 2025 is between $17.5 billion and $18.5 billion, significantly exceeding its dividend obligations [7]. Market Position - Despite recent warnings affecting stock performance, Verizon's share price has increased by about 9% this year, closing at $43.65, above its 52-week low of $37.59 [8]. - The stock is trading at less than 11 times its trailing earnings, suggesting it may be an undervalued investment opportunity [9].
Verizon Introduces AI Assistant for Small Businesses: Stock to Gain?
ZACKS· 2025-03-19 16:30
Core Insights - Verizon Communications Inc. has launched Verizon Business Assistant, a generative AI-powered solution aimed at supporting small business owners by streamlining customer interactions and providing automated responses [1][2] Group 1: Product Features - The solution utilizes generative AI to answer customer inquiries and connects to a live agent when necessary, enhancing the customer experience [2] - It expands its knowledge base with each interaction, improving response quality over time, while allowing business owners to control training and response settings [2] - An insight dashboard provides valuable information on customer behavior and engagement trends, aiding decision-making [2] Group 2: Market Position and Strategy - The Verizon Business Solution offers small businesses access to AI capabilities similar to those of larger organizations, enhancing operational efficiency through automation and customer insights [4] - Verizon's strategy focuses on identifying market gaps and realigning innovation, which is expected to positively impact commercial prospects in the long term [4] Group 3: Stock Performance - Verizon's shares have increased by 10.2% over the past year, in contrast to the industry's growth of 40.7% [5]
Verizon customers are the first in the US to enjoy satellite texting to any device with select Android smartphones
GlobeNewswire· 2025-03-19 14:30
Core Viewpoint - Verizon has announced a significant expansion of its satellite texting capabilities, allowing customers to send text messages via satellite outside terrestrial cellular network coverage using select Android devices [1][2]. Group 1: Satellite Texting Capabilities - The new service enables customers to send text messages to any other customer device via satellite when outside the reach of terrestrial cellular networks [1]. - The rollout of this service begins today and will continue over the next two weeks [1]. Group 2: Commitment to Connectivity - Joe Russo, EVP & President of Global Network and Technology, emphasized Verizon's commitment to keeping customers connected wherever they are, highlighting the company's extensive network coverage [2]. - Verizon's strategic approach includes not only satellite-to-cellular messaging but also testing data services and video calling via satellite connectivity [2]. Group 3: Company Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024 and serves nearly all of the Fortune 500 companies [3]. - The company is headquartered in New York City and is dedicated to innovation to meet customer needs [3].
Verizon named a Leader in Gartner® Magic Quadrant™ for Managed IoT Connectivity Services, Worldwide
Newsfilter· 2025-03-19 12:30
Core Insights - Verizon has been recognized as a Leader in the Gartner Magic Quadrant for Managed IoT Connectivity Services, based on its "Completeness of Vision" and "Ability to Execute" in managed IoT services [1][9] - The recognition highlights Verizon's strong end-to-end IoT offerings across various industries and geographies, enhancing capabilities such as data-driven automation, asset tracking, and cybersecurity [2][9] - Verizon was also named a Leader in the first-ever Gartner Magic Quadrant for 4G and 5G Private Mobile Network Services, further solidifying its position in the IoT and mobile network sectors [3] Managed IoT Connectivity Services - Gartner defines managed IoT connectivity services as enabling secured connectivity, data collection, analysis, and decision services for businesses to monitor and control assets [4] - Leaders in this market invest in future IoT developments, demonstrating a clear vision and exceeding expectations in performance [4][9] - The evaluation criteria for "Ability to Execute" include customer experience, product quality, sales execution, and operational efficiency [5][6] Completeness of Vision - The "Completeness of Vision" evaluates service providers on their ability to articulate market direction, innovations, and customer needs [7] - High weighting is given to market understanding, sales strategy, and innovation in this evaluation [8] - Verizon's recognition as a Leader reflects its ability to shape the market and provide value across multiple geographies [9] Customer Recognition - In June 2024, Verizon was named a 2024 Gartner® Peer Insights™ Customers' Choice for IoT, based on positive feedback from customers and end users [2][9] - This recognition indicates that Verizon meets or exceeds market averages in overall experience and user interest [2] Company Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024 and serves nearly all of the Fortune 500 companies [13] - The company focuses on delivering mobility, reliable network connectivity, and security to its customers worldwide [13]
Can VZ Capitalize on Santander Tie-Up to Boost Customer Benefits?
ZACKS· 2025-03-18 14:40
Core Insights - Verizon Communications Inc. is reportedly considering a partnership with Banco Santander to enhance customer satisfaction through extended bill credits for customers opening high-yield savings accounts with Santander's digital bank platform [1][3] - Santander aims to strengthen its presence in the U.S. by leveraging Verizon's customer base to develop its technology platform for consumer banking [2][3] - The partnership is part of Santander's strategy to establish itself as a full-service digital bank in the U.S. after launching its digital bank in October 2024 [3] Verizon's Business Strategy - Verizon focuses on a customer-centric model, delivering faster peak data speeds and capacity through disciplined engineering and infrastructure investments [4] - The company is experiencing significant 5G adoption and momentum in fixed wireless broadband, with various pricing plans leading to solid customer additions [5] - Verizon's growth strategy includes expanding its 5G mobility, nationwide broadband, and mobile edge compute solutions [6] Market Performance - Verizon's stock has gained 9.3% over the past year, while the industry has grown by 40.6% [7]
Verizon Business launches industry-first GenAI Assistant for small businesses
GlobeNewswire· 2025-03-18 13:00
Core Insights - Verizon Business has launched a new product, the Verizon Business Assistant, which utilizes Generative Artificial Intelligence (GenAI) to enhance operations for small businesses by automating customer interactions and improving engagement [2][4]. Group 1: Product Features and Functionality - The Business Assistant provides instant text responses to frequently asked questions and learns from interactions to build a knowledge base, ultimately reducing the need for human intervention [3][8]. - It allows small businesses to respond to customer inquiries 24/7, thereby increasing efficiency and customer service capabilities [7][8]. - Key features include automated responses, live team member handoff for complex inquiries, continuous learning to improve accuracy, and an insights dashboard for tracking customer trends [8]. Group 2: Market Demand and Business Impact - There is a growing demand from small business owners for technology that enhances operational efficiency and customer connection, particularly among younger generations [4][7]. - The solution aims to empower small businesses by providing them with access to AI tools that were previously more accessible to larger enterprises [7]. - By implementing the Business Assistant, small business owners can focus on higher-value tasks while ensuring customers receive timely and accurate responses [3][4]. Group 3: Company Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024 and serves nearly all of the Fortune 500 companies, indicating its strong market presence and commitment to innovation [9].
Verizon Business supercharges IT security offering with Trusted Connection cybersecurity launch
GlobeNewswire· 2025-03-12 12:30
Verizon Business takes first-of-its-kind approach to network-native security for business with end-to-end solution that can be embedded in customer networksWhat you need to know: Trusted Connection is a Zero Trust Network Access (ZTNA) service for businesses that allows them to secure their devices, network, and cloud-hosted applications. It constantly verifies who’s accessing what and from where.It’s powerful technology that’s easy to use and ideal for midsize businesses. Trusted Connection combines networ ...
Why Verizon Stock Sank Today
The Motley Fool· 2025-03-11 20:58
Verizon (VZ -6.58%) stock lost ground in Tuesday's trading. The telecom giant's share price ended the daily session down 6.6%, and had been off as much as 8.4% earlier in trading.Verizon stock moved lower today following cautious guidance from the company. Management expects that subscriber growth will be pressured in the near term, and investors sold shares in response.Verizon stock sinks on tough wireless outlookCompetition for new wireless subscribers continues to be intense, and Verizon says that the dy ...
Verizon slumps on warning of softer quarter
Proactiveinvestors NA· 2025-03-11 14:09
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...