Verizon Business has introduced a unique method for network-native security aimed at businesses, offering a complete solution that can be integrated into customer networks. This innovative approach is the first of its kind in the industry.
Verizon (VZ -6.58%) shares fell during trading on Tuesday. The company's stock price finished the day down by 6.6%, having dropped as much as 8.4% at one point during the day.
U.S. Transportation Secretary Sean Duffy stated that Verizon is "not progressing quickly enough" in its $2.4 billion telecom contract with the Federal Aviation Administration, which lasts for 15 years.
Verizon Communications Inc. (NYSE:VZ) will be participating in the 33rd Annual Media, Internet & Telecom Conference hosted by Deutsche Bank on March 11, 2025, at 8:00 AM ET. Frank Boulben, the Chief Revenue Officer of Verizon Consumer, will be among the company representatives. Bryan Kraft from Deutsche Bank will also be part of the conference call.
On March 11, 2025, at 8:00 a.m. ET, Frank Boulben, who is the senior vice president and chief revenue officer for Verizon's Consumer Group, will speak at the Deutsche Bank Media, Internet & Telecom Conference. His speech will be available to watch online, and details on how to access it can be found on Verizon's Investor Relations website, www.verizon.com/about/investors.
Verizon offers a high dividend yield of more than 6%, making it appealing to investors seeking reliable income. However, its stock performance has significantly underperformed compared to the S&P 500 index over the past 1, 3, 5, and 10 years, mainly because of limited earnings growth potential. Although Verizon gained 408,000 new broadband customers in the last quarter, its overall revenue growth expectations are still quite low.
Users of Zacks.com have been paying a lot of attention to Verizon (VZ) lately. Therefore, it's important to understand the factors that could influence the future of the stock.
Here’s what you should know: Singtel has partnered with Bell Canada and Telenor IoT as Mobile Network Operator (MNO) partners to offer international IoT connectivity through Verizon's Global IoT Orchestration, which is now available for commercial use. Skylo is providing satellite-IoT connectivity and services to ensure network reliability in places where traditional connectivity is difficult.
Verizon's stock continues to appeal to investors looking for income because of its dividend. However, there hasn't been much growth for VZ stock recently.
Verizon Communications Inc. (NYSE:VZ) will be participating in the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2025, at 11:30 AM ET. The Chief Financial Officer, Tony Skiadas, will be representing the company. Ben Swinburne from Morgan Stanley will also be part of the conference call.