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OFFON

VERIZON COMMUNICATIONS

(VZ)
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Verizon Communications Inc. Announces More 5G for All

01/07/2021 | 12:02pm EDT

Verizon Communications Inc. announced more 5G for all. Customers who received access to Verizon’s Nationwide 5G service last year, built with the most advanced technology available in the industry, will now have access to Verizon’s expanded coverage of 5G Ultra Wideband, the world’s fastest 5G* and 5G Home Internet. Beginning January 14, customers in parts of Arlington, TX; Miami, FL; Anaheim, CA; San Francisco, CA and St. Louis, MO can sign up for Verizon’s blazing fast 5G Home Internet. Beginning January 28th, customers in Phoenix, AZ will have access to the super fast home internet service. Also later this month customers in parts of Colorado Springs, CO; Columbia, SC and Knoxville, TN will have access to the unprecedented performance of Verizon’s 5G Ultra Wideband service. These days, fast, reliable home Internet changes everything. 5G Home Internet is ideal for people working remotely and connecting on video conference platforms, like BlueJeans, schooling at home or streaming their favorite tv show or movie. It’s super fast, with max download speeds of up to 1 Gbps, depending on location, with typical download speeds of 300 Mbps. Customers in Colorado Springs, CO; Columbia, SC and Knoxville, TN will soon experience ultra-fast wireless speeds, up to 4 Gbps in some places, allowing them to download and stream movies and TV shows in seconds, collaborate with colleagues remotely in near real time, and take advantage of new immersive customer experiences never before available wirelessly. Enterprise customers in these markets will soon have access to the technology that can dramatically accelerate their digital transformation, revolutionizing how they interact with their customers, track inventory, manage operations and engage with their workforce. Enterprise customers looking to take advantage of Verizon 5G can trade in their entire fleet of smartphones, from Verizon or any carrier, and upgrade to any model in the iPhone 12 lineup for zero upfront cost, with zero to low cost per month.


© S&P Capital IQ 2021
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Analyst Recommendations on VERIZON COMMUNICATIONS
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Financials (USD)
Sales 2021 135 B - -
Net income 2021 21 815 M - -
Net Debt 2021 144 B - -
P/E ratio 2021 10,3x
Yield 2021 4,66%
Capitalization 225 B 225 B -
EV / Sales 2021 2,73x
EV / Sales 2022 2,68x
Nbr of Employees 132 200
Free-Float 96,5%
Chart VERIZON COMMUNICATIONS
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Verizon Communications Technical Analysis Chart | VZ | US92343V1044 | MarketScreener
Technical analysis trends VERIZON COMMUNICATIONS
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 28
Last Close Price 54,37 $
Average target price 60,29 $
Spread / Average Target 10,9%
EPS Revisions
Managers and Directors
Hans Erik Vestberg Chairman & Chief Executive Officer
Matthew D. Ellis Chief Financial Officer & Executive Vice President
Kyle J. Malady Chief Technology Officer & Executive VP
Shankar Arumugavelu Global Chief Information Officer
Craig Silliman Chief Administrative & Legal Officer, Executive VP
Sector and Competitors