Showing posts with label Verizon. Show all posts
Showing posts with label Verizon. Show all posts

Tuesday, September 10, 2019

Verizon boosts Virtual Communications Express with VoIP, SD-WAN, Webex Calling

Verizon is rolling out enterprise-specific enhancements to its premier cloud calling solution - Virtual Communications Express (VCE).

Verizon is delivering its VCE solution over its global VoIP service, and reinforced with hosted or premise based SD-WAN connectivity. The solution is also now available across Asia, Europe and the U.S.

Verizon is also now offering VCE via a Cisco Collaboration Flex Plan - Webex Calling. This combines hosted UC&C capabilities and Verizon’s VoIP connectivity with the added flexibility of Cisco’s Flex Plan licensing model. Verizon is the only carrier in the market that supports Cisco Webex Calling in Webex Teams on a private MPLS network providing enterprises with greater security for their business communications.

“To compete globally, businesses need their entire global workforce, whether office based or mobile, to be working at their optimum capacity. First class collaboration capabilities are vital,” comments Alla Reznik, executive director of customer experience, global products and services, Verizon. “By leveraging Verizon’s global network strength and market leading VoIP portfolio, we have developed an enhanced collaboration solution that delivers powerful hosted UC&C features underpinned by superior network connectivity and performance. This enterprise-grade solution will take global business collaboration to the next level.”

"Cisco is excited to be partnering with Verizon and we're delighted to deliver the power of a Single Platform bringing together Webex Calling, Teams and Meetings as the best Enterprise Collaboration solution for our customers. Verizon’s specific enhancements to VCE enables enterprises to heighten employee collaboration by providing a more productive, secure and cohesive environment, " comments Sri Srinivasan, Cisco senior vice president and general manager, collaboration.

SD-WAN: Linking Policy to Carrier Networks for Improved Customer Experience



MEF Annual Meeting – July 2019, Shawn Hakl, Senior Vice President Business Products, Verizon, highlights the importance of the industry’s new SD-WAN services standard published by MEF. Among other things, standardization will help link policy to carrier networks to deliver a greater customer experience.

“SD-WAN is really the control plane for which virtualized functions will be implemented. As we see more capabilities built into the intelligent network – the Software-Defined Network – at the core of carriers, SD-WAN will really be the way that you interface policy with the carrier network.” This will be expressed in ways like enabling users to select slices in a 5G network.

“The work that the MEF is doing around standardization of the SD-WAN spec just makes it easier for that integration to work across multiple types of underlying transport. And what that means to the end user is that it lets them get an overall experience from the network relative to their apps. So you can support a broader range of use cases with specialized needs coming across the network. You can build a better end-to-end application experience, meaning you’ll hit price points more effectively and, more importantly, your guaranteed service resiliency and service capability in an always-on connected world.”

Sunday, September 8, 2019

Verizon debuts 5G in 13 NFL stadiums

Verizon activated its 5G service in 13 NFL stadiums this past Kickoff Weekend, including:

Bank of America Stadium (Carolina Panthers)
Empower Field at Mile High (Denver Broncos)
CenturyLink Field (Seattle Seahawks)
Ford Field (Detroit Lions)
Gillette Stadium (New England Patriots)
Hard Rock Stadium (Miami Dolphins)
Lucas Oil Stadium (Indianapolis Colts)
MetLife Stadium (New York Giants and New York Jets)
M&T Bank Stadium (Baltimore Ravens)
NRG Stadium (Houston Texans)
Soldier Field (Chicago Bears)
U.S. Bank Stadium (Minnesota Vikings)

Monday, September 2, 2019

Embracing MEF LSO APIs for Better, Automated Customer Experience



MEF Annual Meeting – July 2019, Shawn Hakl, SVP of Business Products, Verizon, shares his excitement about MEF’s work in standardizing LSO (Lifecycle Service Orchestration) that enable end-to-end orchestration of services across service providers and over multiple network technology domains. He is particularly excited about the potential impact of LSO Sonata API adoption for inter-provider service automation.

“We just came out of a pretty exciting Board Meeting about the progression of LSO standards at MEF. I think people should be really excited about what’s coming. I think there’s a lot more clarity on the use cases and how carriers will adopt this technology and how it will meaningfully impact our customers.”

“Where the network orchestration component comes in is how what was previously done manually or with physical settings in the equipment can now be done through automation. Network orchestration is the technology that will allow us to integrate functions and deliver outcomes through the network. And it allows for interoperability of functions between each other – the interoperability between carriers – and really builds the basis for what our customers are asking for:  a fully automated experience controlled through a software-based implementation.”

“So, what’s exciting about the work with LSO Sonata is that you’ve actually seen multiple carriers implement it…What we all recognize as an industry is that if we continue to have to invest in automation between functions at an individual, piece-by-piece fashion for every function and every NFV it is going to be incredibly inefficient and get in way of the experience.”

“Now, really there is a compelling case for the carriers to standardize the implementation across the board and drive a lot of value for our customers.”

To learn more about MEF LSO Sonata APIs for inter-provider service automation, download this FAQ document:  https://www.mef.net/images/LSO-Sonata-FAQ-August-2019.pdf.

To explore the latest on LSO innovations and engage with industry-leading service and technology experts such as Shawn Hakl, attend MEF19 (http://www.MEF19.com), held 18-22 November 2019 in Los Angeles, California.

Wednesday, August 28, 2019

Verizon Australia to provide business services via NBN Co.

Verizon Australia will provide NBN Co. sourced business connectivity services to Australian enterprise and government customers.

Verizon has provided managed network and security services to enterprise and government customers in Australia for over 20 years including 75-plus Commonwealth and State Government agencies in Australia.

Verizon said its enterprise customers will continue to be able to take advantage of the company’s entire suite of Managed Network Services - including Software Defined Networking (SDN) and Virtual Network Service (VNS) bundles - with Enterprise Ethernet connectivity directly sourced from NBN Co.’s enterprise-grade infrastructure.

Robert Le Busque, regional managing director of Verizon in Australia, New Zealand and India said, “A robust network is the backbone of any business, and particularly today, where digital business is the norm, and organisations are increasingly looking for scalable, flexible network capacity to support global growth. Verizon is pleased to be able to present a compelling alternative to Australian enterprises and government businesses.”

Verizon manages 500,000+ network, hosting, and security devices and 5,000+ networks in 150+ countries with a global IP network spanning over 1.3 million network route kilometers.

Thursday, August 22, 2019

Verizon signs Boingo to bring 5G in airports, office buildings, stadiums, etc.

Verizon is working with Boingo Wireless to bring 5G Ultra Wideband service indoors and to public spaces – places like airports, stadiums and arenas, office buildings, hotels, etc.

Boingo is a leading distributed antenna system (DAS), small cells and Wi-Fi provider.

The companies confirmed that they are working together to architect a hyper-dense network designed for large and small indoor spaces as part of Verizon’s ongoing 5G network expansions.

In addition, Verizon announced the expansion of its 5G service to Phoenix, Arizona. Initially, Verizon 5G Ultra Wideband service will be concentrated in Downtown Phoenix around several well-known landmarks, including: Phoenix Convention Center, Talking Stick Resort Arena, The Orpheum Theatre, CityScape, and Chase Field. It will also be available in Tempe, on the Arizona State University campus.


Thursday, August 15, 2019

SD-WAN: Linking Policy to Carrier Networks for Improved Customer Experience



MEF Annual Meeting – July 2019, Shawn Hakl, Senior Vice President Business Products, Verizon, highlights the importance of the industry’s new SD-WAN services standard published by MEF. Among other things, standardization will help link policy to carrier networks to deliver a greater customer experience.

“SD-WAN is really the control plane for which virtualized functions will be implemented. As we see more capabilities built into the intelligent network – the Software-Defined Network – at the core of carriers, SD-WAN will really be the way that you interface policy with the carrier network.” This will be expressed in ways like enabling users to select slices in a 5G network.

“The work that the MEF is doing around standardization of the SD-WAN spec just makes it easier for that integration to work across multiple types of underlying transport. And what that means to the end user is that it lets them get an overall experience from the network relative to their apps. So you can support a broader range of use cases with specialized needs coming across the network. You can build a better end-to-end application experience, meaning you’ll hit price points more effectively and, more importantly, your guaranteed service resiliency and service capability in an always-on connected world.”

To explore the latest on SD-WAN innovations and engage with industry-leading service and technology experts like Shawn Hakl, attend MEF19 (http://www.MEF19.com), held 18-22 November 2019 in Los Angeles, California.


Sunday, August 4, 2019

Verizon's CAPEX amounted to $8 billion in 1H2019

Last week, Verizon reported wireless service revenue growth, but lower wireless equipment revenue and wireline service revenue.

Consolidated Q2 operating revenues amounted to $32.1 billion, down 0.4 percent from second-quarter 2018.  EPS was 95 cents, compared with $1.00 in second-quarter 2018. On an adjusted basis (non-GAAP), second-quarter 2019 EPS, excluding a special item, was $1.23, compared with adjusted EPS of $1.20 in second-quarter 2018. Verizon’s second-quarter 2019 EPS included 28 cents in early debt redemption costs.



First half 2019 capital expenditures totaled $8.0 billion -- a figure that reflects the launch and build-out of its 5G network, the growth in data and video traffic on the company's 4G LTE network, the deployment of significant fiber in markets nationwide and the upgrade to Verizon's Intelligent Edge Network architecture.

Some highlights

  • Verizon Consumer revenues were $22.0 billion, flat year over year, reflecting continued strong growth in wireless service revenue and Fios service offerings, offset by declines in wireless equipment and legacy wireline services.
  • Verizon Consumer Group reported 126,000 wireless retail postpaid net additions in second-quarter 2019, consisting of 73,000 phone net additions and tablet net losses of 134,000, offset by 187,000 other connected device net additions, primarily wearables. 
  • Postpaid smartphone net additions were 209,000, up 17 percent year over year, driven by a 5 percent year over year increase in phone gross additions.
  • Consumer wireless service revenues increased 2.5 percent in second-quarter 2019, driven by customer step-ups to higher-priced plans and an increase in connections per account.
  • Total retail postpaid churn was 0.97 percent in second-quarter 2019, and retail postpaid phone churn was 0.72 percent.
  • In second-quarter 2019, Verizon Consumer Group reported 28,000 Fios Internet net additions and 52,000 Fios Video net losses, reflecting the ongoing shift from traditional linear video to over-the-top offerings. Fios revenues increased by 1.2 percent, primarily due to the demand for broadband offerings.
  • Segment operating income was $7.3 billion, an increase of 3.9 percent year over year, and segment operating income margin was 33.4 percent. Segment EBITDA (non-GAAP) totaled $10.2 billion in second-quarter 2019, an increase of 1.6 percent year over year. Segment EBITDA margin (non-GAAP) was 46.5 percent, including approximately 100 basis points in headwinds from the deferral of commission expense and the lease accounting standard.
  • Total Verizon Business revenues were $7.8 billion, down 1.1 percent year over year, as growth in wireless services and high quality fiber products was offset by declines in legacy products.
  • Verizon Business Group reported 325,000 wireless retail postpaid net additions in second-quarter 2019, consisting of 172,000 phone net additions, 90,000 tablet net additions and 63,000 other connected device additions.
  • Total retail postpaid churn was 1.21 percent in second-quarter 2019, and retail postpaid phone churn was 0.97 percent.
  • Segment operating income was $1.1 billion, a decrease of 2.7 percent year over year, and segment operating income margin was 13.8 percent. Segment EBITDA (non-GAAP) totaled $2.1 billion in second-quarter 2019, a decrease of 2.0 percent year over year. Segment EBITDA margin (non-GAAP) was 27.3 percent, down 20 basis points year over year due to declines in legacy wireline product revenues.

Wednesday, July 31, 2019

Verizon expands 5G to areas of Atlanta, Detroit, Indy and Wash DC

Verizon launched its 5G Ultra Wideband service in four additional U.S. cities. Customers in parts of Washington DC, Atlanta, Detroit, and Indianapolis will now be able to access Verizon’s 5G Ultra Wideband network, joining Chicago, Denver, Minneapolis, Providence and St. Paul as Verizon’s first 5G mobility cities.

“Verizon continues its steady expansion of 5G Ultra Wideband service and is excited to bring the 5G future to Atlanta, Detroit, Indianapolis and Washington, DC,” said Kyle Malady, Verizon’s chief technology officer. “Customers in these cities are at the forefront of game-changing technology, with access to download speeds and bandwidth that will power the future of consumer, business and government mobile applications. Similarly, cities that embrace new technology, like 5G Ultra Wideband, have a leg up in competition to attract businesses and create jobs.”

Verizon’s 5G is typically available in dense, urban areas where people tend to congregate – public parks, monuments, outside museums, on college campuses and in stadiums.

Monday, July 22, 2019

Verizon launches MPLS-based connectivity to Equinix data centers worldwide

Verizon launched a Software-Defined Interconnect (SDI) solution that provides Private IP network direct connectivity to 115 Equinix International Business Exchange (IBX) data centers around the globe within minutes. 

Verizon's SDI solution leverages an automated Application Program Interface (API) to quickly and simply integrate pre-provisioned Verizon Private IP bandwidth via the Equinix Cloud Exchange Fabric (ECX Fabric) while eliminating the need for dedicated physical connectivity.

“SDI is an addition to our best-in-class software-defined suite of services that can deliver performance ‘at the edge’ and support real-time interactions for our customers,” said Vickie Lonker, vice president of product management and development for Verizon. “Think about how many devices are connected to data centers, the amount of data generated, and then multiply that when 5G becomes ubiquitous. Enabling enterprises to virtually connect to Verizon’s private IP services by coupling our technology with the proven ECX Fabric makes it easy to provision and manage data-intensive network traffic in real-time, lifting a key barrier to digital transformation.”

Verizon notes that its private Multiprotocol Label Switching (MPLS) network is seeing high double-digit traffic growth year-over-year, and the adoption of colocation services continues to proliferate as more businesses grapple with complex cloud deployments to achieve greater efficiency, flexibility and additional functionality in data management.

Verizon manages 500,000+ network, hosting, and security devices and 4,000+ networks in 150+ countries.

Thursday, May 9, 2019

Verizon tests full virtualization of baseband functions

In a trial environment conducted with Nokia and Intel in California, Verizon achieved full virtualization of baseband functions – the heaviest portion of computing on the Radio Access Network (RAN).

Intel provided its Xeon Scalable processor-based platforms and FlexRAN reference architecture while Nokia provided its new AirScale All-in-Cloud Base Station architecture.

Verizon said this virtualization will enable the network to be hardware agnostic, using Common Off-The-Shelf (COTS) hardware, leading to greater flexibility and speed to deployment of products and services.

“Having virtualized the core of the network last year, this significant step forward in virtualizing the RAN edge is a critical piece of providing the next generation of wireless solutions for consumers and enterprises,” said Adam Koeppe, Senior Vice President of Network Planning.  “With a virtualized baseband unit, we will lay the foundation to be able to move computing functionality to the edge of the network and will be able to rapidly respond to customers’ varied latency and computing needs.”

"Nokia is a leader in driving and commercializing Cloud RAN innovations, and we are excited to be a part of this collaborative work that represents a key milestone for Verizon’s cloud migration,” said Michael Clever, Senior Vice President and Head of Cloud RAN, Nokia. “This successful trial is an important step in offering flexible and scalable capacity, plus continuous software delivery.”

https://www.verizon.com/about/news/verizon-multi-access-edge-compute-network-slicing

Monday, May 6, 2019

Infinera supplies software automation capabilities to Verizon

Infinera will provide new automation technology to Verizon to facilitate the migration of its time-division multiplexing (TDM) network to a new Ethernet-based network. In addition, Infinera said it will integrate its open API- and YANG-driven data model software capabilities with the Verizon Base Network Controller (BNC), enabling full lifecycle automation including install, commission, service provisioning, and control. The overall solution is designed to enable a zero-touch, fully automated, extensible, and programmable infrastructure by leveraging open networking principles and capabilities, including software-defined networking control of multi-vendor elements via open programmable interfaces and model-driven management and operations. The solution supports rapid service activation at the optical layer while reducing parallel proprietary systems.

Infinera said its solution enables visualization of the complete network, the ability to run multiple migration scenarios, and the efficient management of existing customer traffic. The migration provides a scalable solution that can be applied to multiple systems and use cases, including TDM, Ethernet over Synchronous Optical Networking (SONET), and ultra-long haul.

“Verizon has always been relentless when it comes to technology innovation,” said Stephen Owens, Director of Network Infrastructure Planning at Verizon. “We are able to simplify network operations and reduce costs through virtualization and automation. This is one example.”

“We are pleased to extend our collaboration with Verizon and help them advance their infrastructure network with a software-driven approach to network evolution and next-generation service enablement,” said Bob Jandro, Senior Vice President, Worldwide Sales at Infinera.

https://www.infinera.com/infinera-software-and-open-networking-solutions-being-used-by-verizon-as-tools-for-automation/

Thursday, April 25, 2019

Verizon names 20 more U.S. cities for 5G in 2019

Verizon, which officially activated its 5G mobile network in parts of Minneapolis and Chicago earlier this month, names 20 additional cities where it will launch 5G this year:  Atlanta, Boston, Charlotte, Cincinnati, Cleveland, Columbus, Dallas, Des Moines, Denver, Detroit, Houston, Indianapolis, Kansas City, Little Rock, Memphis, Phoenix, Providence, San Diego, Salt Lake City and Washington DC.

Early customers in Chicago and Minneapolis should expect typical download speeds of 450 Mbps, with peak speeds of nearly 1 Gbps, and latency less than 30 milliseconds.

Verizon also began accepting preorders for the Samsung Galaxy S10 5G — Samsung’s first 5G smartphone in the U.S.

Tuesday, April 23, 2019

Verizon posts rising earnings, fewer wireless subscribers

Verizon reported Q1 2019 revenue of$32.1 billion, up 1.1 percent from first-quarter 2018, primarily driven by strong wireless service revenue growth. Verizon reported EPS of $1.22, compared with $1.11 in first-quarter 2018. On an adjusted basis (non-GAAP), first-quarter 2019 EPS was $1.20, excluding a special item, compared with adjusted EPS of $1.17 in first-quarter 2018.

“Verizon began 2019 by extending our leadership position in 4G, driving innovation in 5G and expanding our high-valued customer relationships,” said Chairman and CEO Hans Vestberg. “2019 is shaping up to be an exciting year for Verizon. We are leading the world in the development of new technologies with the launch of our 5G Ultra Wideband network. Our ambition remains unchanged to provide the most advanced next-generation networks in the world.”

Wireless results

  • Verizon reported 61,000 retail postpaid net additions in first-quarter 2019, consisting of 44,000 phone net losses and tablet net losses of 156,000, offset by 261,000 other connected device net additions, primarily wearables. Postpaid smartphone net additions were 174,000.
  • Total revenues were $22.7 billion, an increase of 3.7 percent year over year, primarily driven by continued strong service revenue performance.
  • Service revenues increased 4.4 percent in first-quarter 2019, driven by customer step-ups to higher-priced plans, contributions from strong retail postpaid net additions in fourth-quarter 2018 and an increase in connections per account.
  • Total retail postpaid churn was 1.12 percent in first-quarter 2019, and retail postpaid phone churn was 0.84 percent.
  • Segment operating income was $8.5 billion, an increase of 5.2 percent year over year. Segment EBITDA (non-GAAP) totaled $10.8 billion in first-quarter 2019, an increase of 2.7 percent year over year. Segment EBITDA margin (non-GAAP) was 47.4 percent, including approximately 85 basis points in headwinds primarily from the deferral of commission expense and the new lease accounting standard.

Wireline results

  • Total wireline revenues decreased 3.9 percent year over year in first-quarter 2019 to $7.3 billion, as growth in high-quality fiber products was offset by pricing pressures on legacy products and technology shifts.
  • Total Fios revenues grew 3.6 percent year over year to $3.1 billion. In first-quarter 2019, Verizon added a net of 52,000 Fios Internet connections and lost a net of 53,000 Fios Video connections, continuing to reflect the shift from traditional linear video to over-the-top offerings.
  • Wireline operating loss was $88 million in first-quarter 2019, and segment operating loss margin was 1.2 percent. Segment EBITDA (non-GAAP) was $1.5 billion in first-quarter 2019. Segment EBITDA margin (non-GAAP) was 20.3 percent in first-quarter 2019, compared with 21.2 percent in first-quarter 2018.

https://www.verizon.com/about/investors/quarterly-reports/1q-2019-quarter-earnings-conference-call-webcast

Verizon to offer YouTube TV

Verizon and Google announced a content partnership to offer YouTube TV to Verizon customers nationwide on whatever platform they choose.

YouTube TV offers cable-free live TV that can be watched on any screen (phone, tablet, TV, computer) and includes over 70 networks such as ABC, CBS, FOX and NBC plus popular cable networks like HGTV, Food Network, TNT, TBS, CNN, ESPN, FX and on-demand programming. A YouTube TV membership includes six accounts per household, each with its own unique recommendations and personal DVR with no storage space limits.

“Our network and technology leadership uniquely positions us to lead the content revolution, which centers around choice for our customers,” said Erin McPherson, head of content strategy and acquisition, Verizon. “As we pave the path forward on 5G, we’ll continue to bring our customers options and access to premium content by teaming up with the best providers in the industry and leveraging our network as-a service strategy. We were first in the world to bring commercial 5G to our customers and now another first on the content front as we offer our customers access to YouTube TV on whatever platform they choose.”

"YouTube TV has become known for its best-in-class user experience that enhances the way users watch live TV today," said Heather Rivera, Global Head of Product Partnerships at YouTube. "With this partnership, we're making it simple and seamless for Verizon's customers to sign up to enjoy YouTube TV on-the-go on their mobile phones or tablets or at home on their big screen devices."

Monday, April 22, 2019

Verizon sets 2035 target for carbon neutrality

Verizon announced a commitment to go carbon neutral by 2035.

“Sustainability and social responsibility are part of Verizon’s DNA,” said James Gowen, Chief Sustainability Officer and Vice President of Supply Chain Operations at Verizon.  “As an emerging leader in sustainability, Verizon understands its responsibility to continuously evolve and innovate to meet new challenges and expectations.”

Verizon highlights the following milestones and commitments

  • A 28% Carbon Intensity reduction since 2016 with the goal set for a 50% carbon intensity reduction by 2025
  • A green energy initiative which has offset 20,000 metric tons of CO2
  • A 2025 commitment to source renewable energy equivalent to 50% of Verizon's total electricity usage
  • Carbon abatement will enable customers to also reduce their carbon footprint
  • Verizon solutions have enabled the avoidance of 8.2 million metric tons of CO2 emissions, the equivalent to removing 1.6 million cars off the road for one year
  • 278 ENERGY STAR-certified buildings and 22 onsite renewable energy installations
  • 28,000 Green Team employees in 44 countries
  • Two million trees planted by 2030 with more than 700,000 planted already

Verizon raises $1 billion "Green Bond"

Verizon Communications has closed a $1 billion "Green Bond" to fund a variety of new and existing green investments. The company expects to allocate a majority of the funds within three years to support its long-term commitment to minimize its environmental impact, drive operating efficiencies and benefit the communities it serves.

Investments will focus on renewable energy, energy efficiency, green buildings, sustainable water management, and biodiversity and conservation,

“Verizon is committed to reducing the environmental impact of its operations, and this funding will support those efforts,” said Chief Sustainability Officer Jim Gowen. “As good corporate citizens, we have made it a priority to deploy more green energy resources, such as solar and fuel cell technology, into our facilities.”

Verizon launched its first formal sustainability program in 2009. The company has committed to source renewable energy equivalent to 50 percent of its total electricity usage by 2025.

Wednesday, March 13, 2019

Verizon preps 5G launch in Chicago and Minneapolis on April 11

Verizon confirmed plans to launch its 5G Ultra Wideband Network in Chicago and Minneapolis on April 11, and in more than 30 markets across the country by the end of the year. The company previously launched a 5G fixed service for home broadband in October 2018 in certain neighborhoods of Houston, Los Angeles, Sacramento and Indianapolis.

Verizon is offering the new 5G moto mod, which pairs with the moto z3, to form a 5G-enabled smartphone.

Verizon will offer unlimited 5G data for $10 per month (with the first three months free) above the cost of a current 4G plan.

“Continuing our track record of 5G ‘firsts,’ we are thrilled to bring the first 5G-upgradeable smartphone exclusively to Verizon customers," said Verizon’s chief technology officer, Kyle Malady. “Not all 5G networks are the same. Verizon’s 5G Ultra Wideband network is built by the company with the nation’s best and most reliable 4G LTE network. It will change the way we live, work, learn and play, starting in Chicago and Minneapolis and rapidly expanding to more than 30 U.S. markets this year.”




Verizon provides network transformation update

Verizon provided a broad update on its 5G vision, saying it will pursue a multi use case strategy encompassing deep fiber access, spectrum, software-defined networking and multi-access edge computing (MEC) platforms as key technologies for enhancing the user experience.

Some key points from the recent Investor Briefing:
  • Verizon confirmed plans to launch its 5G Ultra Wideband Network in more than 30 U.S. cities in 2019.
  • Verizon 5G Mobility will launch in the first half of 2019, and Verizon 5G Home will expand coverage to more markets in the second half of 2019. 
  • 5G Mobility and 5G Home are expected to contribute more meaningfully to growth in 2021. 
  • Verizon's Mobile Edge Computing platform, which will enable real-time enterprise applications, is expected to launch in fourth-quarter 2019.
  • Verizon’s 4G LTE network currently covers 2.6 million square miles. The network coverage includes LTE Advanced features in 1,500 markets across the country, which provide significantly more capacity and faster peak data speeds.
  • Verizon Intelligent Edge Network (iEN), which will be the multipurpose network that serves as the foundation for the company’s network-as-a-service strategy, is rolling out in more than 60 cities across the U.S., with more than 25,000 Verizon-owned fiber miles expected to be deployed by year-end. One Fiber opens new revenue opportunities while also bringing cost efficiencies.
  • Verizon will be deploying Next Gen PON 2 nationwide wherever it deploys fiber assets. 
  • Verizon is on track to deliver against its goal to achieve $10 billion in cumulative cash savings by 2021.

Sunday, March 3, 2019

Verizon acquires ProtectWise for cloud network detection/response

Verizon has acquired ProtectWise, a Colorado-based company which provides cloud-delivered Network Detection and Response. Financial terms were not disclosed.

"Integrating ProtectWise's capabilities with Verizon's leading global network services further enhances our ability to detect and respond to security threats," said Alex Schlager, executive director, product management and development, Verizon. "In addition, as we rapidly expand our 5G footprint, increasing our capacity and capabilities in network detection and response will secure our customers as they adapt and expand with the next generation of connectivity."

“ProtectWise has dedicated the last five years to building a next-generation Network Detection and Response platform that’s been recognized as one of the leading technologies in the cybersecurity industry,” said Scott Chasin, ProtectWise CEO and Co-Founder. “Our technology and the outstanding team behind it will be great assets to Verizon as the company expands its enterprise security offerings. We look forward to becoming a part of Verizon to deliver immediate value to our customers, partners and team based on the company’s strong security market presence and global reach.”

Sunday, February 24, 2019

Cisco and Verizon partner on 5G SD-WAN

Verizon’s Virtual Network Services will support 5G devices on Cisco’s SD-WAN platform.

This will enable enterprises to leverage the performance of 5G when using services such as network slicing and mobile edge computing.

“These solutions highlight what a transformative platform 5G will be for enterprises,” said Shawn Hakl, senior vice president, Business Products, Verizon. “Cisco has been a close technology partner in driving SD-WAN based transformation in campus and branch environments, and we look forward to bridging those same best practices to mobile devices.”

“We’re excited to partner with Verizon to take the next step in SD-WAN. 5G is a transformational technology, and when combined with Cisco SD-WAN, users’ application experience can be better than ever before,” said Scott Harrell, senior vice president and general manager, Enterprise Networking Business, Cisco.“Verizon’s new Mobile SD-WAN will help enterprise customers quickly and easily transition to 5G, giving them an edge as we embrace the next generation of mobile connectivity.”

Sunday, February 10, 2019

Verizon raises $1 billion "Green Bond"

Verizon Communications has closed a $1 billion "Green Bond" to fund a variety of new and existing green investments. The company expects to allocate a majority of the funds within three years to support its long-term commitment to minimize its environmental impact, drive operating efficiencies and benefit the communities it serves.

Investments will focus on renewable energy, energy efficiency, green buildings, sustainable water management, and biodiversity and conservation,

“Verizon is committed to reducing the environmental impact of its operations, and this funding will support those efforts,” said Chief Sustainability Officer Jim Gowen. “As good corporate citizens, we have made it a priority to deploy more green energy resources, such as solar and fuel cell technology, into our facilities.”

Verizon launched its first formal sustainability program in 2009. The company has committed to source renewable energy equivalent to 50 percent of its total electricity usage by 2025.

Friday, February 8, 2019

Verizon names Hans Vestberg as Chairman

Verizon Communications' Board of Directors elected Hans E. Vestberg as chairman, effective March 8, 2019, replacing Lowell C. McAdam, who is retiring.

In addition, the Board elected Clarence Otis, Jr., as lead director, effective March 8, 2019. Otis will succeed M. Frances Keeth, who is retiring from the Board in May in accordance with the Board’s mandatory retirement policy.

Vestberg has been CEO since Aug. 1, 2018, with responsibility for all business operations at Verizon, including the strategic direction of the company. He has served on Verizon’s Board since June 2018.

Verizon appoints Hans Vestberg as next CEO - former boss of Ericsson

Verizon Communications named Hans E. Vestberg to succeed Lowell C. McAdam as CEO, effective August 1, 2018.

Vestberg, 52, is the former CEO of Ericsson and currently serves as Executive Vice President and President of Global Networks and Chief Technology Officer. From 2007 to 2009, Vestberg served as Chief Financial Officer at Ericsson, and he previously served in a number of leadership positions at Ericsson. From 2009 till 2016, Vestberg led Ericsson during a period of significant industry and company transformation. He joined Ericsson in 1991 and earning a Bachelor of Business Administration degree from the University of Uppsala, Sweden.

McAdam, 64, has served as CEO of Verizon since 2011 and as chairman since 2012. During his tenure, Verizon took over complete ownership of Verizon Wireless in 2014 through a $130 billion purchase of Vodafone’s 45 percent stake in the company. McAdam also led the acquisitions of major media, fiber and telematics assets, including AOL, Yahoo!, XO Communications and the purchase of millions of miles of optical fiber from Corning. 

See also