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OFFON

VERIZON COMMUNICATIONS

(VZ)
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Verizon Internet Outage Disrupts Usage in Northeast

01/26/2021 | 01:44pm EDT

By Dave Sebastian

Verizon Communications Inc. said a fiber cut in Brooklyn, N.Y., has caused an outage of its service, with users of several applications reporting problems accessing services.

Network engineers writing on public message boards reported trouble reaching Verizon Communications from around 11:30 a.m. Eastern Time Tuesday through the early afternoon. The lapse affected customers around New York, Philadelphia and Washington, D.C.

A Verizon spokesman said the company was "aware of an issue impacting the quality of Fios service throughout the Northeast corridor" and said network technicians were working to find its cause.

Users of several applications reported problems accessing services in what seemed to be a result of widespread internet outage on the East Coast.

Several Twitter users reported problems with services on Google's Gmail, Slack Technologies Inc., Zoom Video Communications Inc. and Amazon Web Services.

At 12:20 Eastern, Amazon Web Services said on its status page that it was "investigating connectivity issues with an internet provider, mainly affecting the East Coast of the United States, outside of the AWS Network."

Zoom's status page noted degraded performance across much of its platform.

Google and Slack's status pages showed no current problems. A Slack spokesman said the platform "is currently up and running."

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

01-26-21 1344ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 0.15% 2827.36 Delayed Quote.61.32%
SLACK TECHNOLOGIES, INC. 0.09% 45.2 End-of-day quote.7.01%
VERIZON COMMUNICATIONS 0.67% 52.27 Delayed Quote.-11.63%
ZOOM VIDEO COMMUNICATIONS, INC. -0.26% 266.32 Delayed Quote.-21.05%
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Analyst Recommendations on VERIZON COMMUNICATIONS
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Financials (USD)
Sales 2021 134 B - -
Net income 2021 21 782 M - -
Net Debt 2021 144 B - -
P/E ratio 2021 9,98x
Yield 2021 4,85%
Capitalization 216 B 216 B -
EV / Sales 2021 2,69x
EV / Sales 2022 2,67x
Nbr of Employees 132 200
Free-Float 96,5%
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Verizon Communications Technical Analysis Chart | VZ | US92343V1044 | MarketScreener
Technical analysis trends VERIZON COMMUNICATIONS
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 27
Last Close Price 52,27 $
Average target price 60,20 $
Spread / Average Target 15,2%
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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
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