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OFFON

VERIZON COMMUNICATIONS

(VZ)
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Verizon Signs 5G Deal With Associated British Ports

04/01/2021 | 04:32am EDT

By Dave Sebastian

Verizon Communications Inc. said it has struck a deal with Associated British Ports to deploy private 5G at the Port of Southampton in partnership with Nokia Corp.

The private 5G deal is Verizon's first in Europe, the company said Thursday. Southampton will be the first U.K. mainland port with access to a private 5G network, Verizon said. The port handles goods flowing through supply chains, as well as cars and cruise.

The private 5G platform will provide wireless data network across certain areas within the east and west docks of the port, Verizon said.

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

(END) Dow Jones Newswires

04-01-21 0632ET

Stocks mentioned in the article
ChangeLast1st jan.
NOKIA OYJ -2.37% 4.699 Delayed Quote.49.13%
VERIZON COMMUNICATIONS -0.28% 54.28 Delayed Quote.-7.35%
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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 4,67%
Capitalization 225 B 225 B -
EV / Sales 2021 2,73x
EV / Sales 2022 2,67x
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
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TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 27
Last Close Price 54,28 $
Average target price 60,45 $
Spread / Average Target 11,4%
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