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

Wednesday, November 6, 2019

Verizon adds Co Management to SD-WAN portfolio

Verizon introduced a Co Management service level for its SD WAN managed services portfolio.

The self-service portal enables customers to define intents based on users, applications, sites and their WAN links, and then apply the intents to different policy objects based on business needs. Giving customers self-control of application policies enables them to be more agile and responsive to their specific business needs, and ultimately, therefore, will enhance the overall user experience. Any policies and configurations that are not supported in the Portal or via APIs are still managed by Verizon.

Verizon said the new capabilities will make it easier to manage individual vendor complexities and provide uniform, intent-based interfaces across multi-vendor platforms. This new level of service gives enterprise customers the ability to change SD WAN policies (for example, Application Aware Routing, Quality of Service) through either the Verizon Enterprise Center (VEC) self-service, policy management portal (Portal) or Verizon’s Application Programming Interface (API) platform.

“By adding Co Management to our managed services portfolio, we are giving enterprise customers the ability to define and implement their SD WAN policies across their location based on a rules-based engine, themselves,” said Vickie Lonker, Vice President of Product Management at Verizon. “We listen to customer feedback, understand industry trends and continue to develop innovative SD WAN solutions that can meet the needs of any business customer.”

Next Gen SD-WAN: Driving digital transformation



Two minute video

SD-WAN continues to be a super high-growth area for Verizon.  As enterprises undergo digital transformations, they are embracing SD-WAN because it provides the ability to manage to a business outcome.

Moreover, SD-WAN is fundamental for Zero Trust Networking. When you can virtualize functions and implement policy in coordination to SD-WAN you have the ability to better protect the enterprise.

Shawn Hakl, Senior VP of Business Products at Verizon, talks about why Verizon's customers are embracing SD-WAN technology.

http://www.nginfrastructure.com/sd-wan

Sunday, October 27, 2019

Verizon posts flat revenue of $32.9 billion

Verizon reported Q3 2019 revenue of $32.9 billion, up 0.9 percent from third-quarter 2018. EPS amounted to $1.25, compared with $1.19 in third-quarter 2018.

The company said growth was primarily driven by higher wireless service revenue, partially offset by lower wireless equipment revenue and declines in legacy wireline revenue, predominantly in the Business segment.

"Verizon continued its momentum in the third quarter by driving strong wireless volumes in both our Consumer and Business segments, while delivering solid financial results, highlighted by continued wireless service revenue growth, increased cash flow, and EPS growth," said Chairman and CEO Hans Vestberg. "We are focused on our 5G rollout strategy, looking to deploy next-generation networks while enhancing our industry-leading 4G LTE network."

Year-to-date capital expenditures were $12.3 billion through third-quarter 2019.

Verizon also launched its 5G mobility service in parts of Dallas and Omaha. This brings the number of cities with some 5G from Verizon to 15.

Some highlights

Consumer

  • Total Verizon Consumer revenues were $22.7 billion, an increase of 1.4 percent year over year, driven by 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 193,000 wireless retail postpaid net additions in third-quarter 2019. This consisted of 239,000 phone net additions, more than double the 112,000 phone net additions in third-quarter 2018, and tablet net losses of 176,000, offset by 130,000 other connected device net additions, primarily wearables. Postpaid smartphone net additions were 372,000, an increase from 285,000 postpaid smartphone net additions in third-quarter 2018. This was driven by a 10 percent year over year increase in phone gross additions.
  • Consumer wireless service revenues increased 2.1 percent in third-quarter 2019, driven by customer step-ups to higher-priced plans and an increase in connections per account.
  • Total retail postpaid churn was 1.05 percent in third-quarter 2019, and retail postpaid phone churn was 0.79 percent.
  • In third-quarter 2019, Verizon Consumer Group reported 30,000 Fios Internet net additions and 67,000 Fios Video net losses, reflecting the ongoing shift from traditional linear video to over-the-top offerings. Consumer Fios revenues increased by 1.7 percent, primarily due to the demand for broadband offerings.
  • Segment operating income was $7.5 billion, an increase of 3.8 percent year over year, and segment operating income margin was 33.0 percent. Segment EBITDA (non-GAAP) totaled $10.3 billion in third-quarter 2019, an increase of 0.7 percent year over year. Segment EBITDA margin (non-GAAP) was 45.3 percent, which was down 30 basis points year over year, including approximately 80 basis points from the deferral of commission expense and the lease accounting standard.

Business results

  • Total Verizon Business revenues were $7.9 billion, approximately flat year over year, as growth in wireless service revenue and high quality fiber products was offset by declines in legacy wireline products.
  • Verizon Business Group reported 408,000 wireless retail postpaid net additions in third-quarter 2019, an increase of 12.1 percent year over year. This consisted of 205,000 phone net additions, 112,000 tablet net additions and 91,000 other connected device additions.
  • Total retail postpaid churn was 1.22 percent in third-quarter 2019, and retail postpaid phone churn was 0.98 percent.
  • Segment operating income was $1.0 billion, a decrease of 15.3 percent year over year, and segment operating income margin was 12.4 percent. Segment EBITDA (non-GAAP) totaled $2.0 billion in third-quarter 2019, a decrease of 10.7 percent year over year. Segment EBITDA margin (non-GAAP) was 25.2 percent, down from 28.2 percent in third-quarter 2018, due in part to declines in high margin wholesale revenue and legacy wireline products. This includes headwinds of approximately 50 basis points from the deferral of commission expense and the lease accounting standard.

Wednesday, October 23, 2019

Verizon and Corning collaborate on 5G in buildings

Corning and Intel announced a partnership focused on 5G in buildings.

The work will leverage Corning’s wireless connectivity portfolio and Intel technologies, including second-generation Intel Xeon Scalable processors, Intel FlexRAN 5G and 4G Reference Software, Intel FPGA Programmable Acceleration Card N3000, and 10/25/40Gb Intel Ethernet 700 Series Network Adapters to support 5G innovation as deployments proliferate around the world.

“5G will enable dramatic advances in the way people work and companies create value,” said Michelle Engarto, vice president, Wireless Product Line Management, Corning Optical Communications. “Capturing the benefits will require flexible and scalable infrastructure that can evolve and adapt as fast as software-based applications.  Fiber offers effectively unlimited bandwidth and is protocol agnostic. Virtualization converts a traditional hardware challenge into a software-based solution. By combining fiber and virtualization, Corning and Intel will demonstrate the ultimate in flexibility and scalability for in-building 5G infrastructure.”

The new enterprise platform will be commercially available in 2020.

In addition, Verizon has installed 5G Ultra Wideband service in Corning’s fiber optic cable manufacturing facility in Hickory, NC. The companies are also working together to co-innovate new 5G-enabled solutions that can potentially revolutionize the way goods and services are produced.

“5G will usher in the Fourth Industrial Revolution enabling massive steps forward in robotics and automation that will transform supply chain management and create smarter and more efficient factories,” said Tami Erwin, executive vice president and CEO of Verizon Business Group. “We’re thrilled to collaborate with Corning to explore how 5G will ultimately reshape the way the manufacturing industry operates.”

Corning intros Optical Network Evolution SD-LAN

Corning introduced its Optical Network Evolution SD-LAN solution for in-building local area networks.

The Corning SD-LAN decouples hardware and software layers, creating a flexible platform for deploying traditional Ethernet or passive optical LAN using the same hardware at the edge.

Corning said it developed the solution to enable future-ready connectivity inside buildings with the ability to converge multiple technologies over a single, simplified infrastructure that supports LAN, WiFi, cellular, audiovisual, security, building automation, and more over the lifetime of the building with little to no new cabling. Key benefits include freeing up closets, eliminating or emptying cable trays, and reducing disruption from future network additions.

Corning acquires SpiderCloud, supplier of in-building wireless


Corning announced that it has acquired SpiderCloud Wireless based in Milpitas, California, a supplier of in-building wireless solutions, on undisclosed terms.

SpiderCloud is a developer of scalable small-cell network platforms designed to deliver enhanced coverage and capacity for the delivery of wireless services inside buildings. Small cells are deployed by mobile operators and enterprises to improve network efficiency and end-user services.

Corning stated that the acquisition of SpiderCloud's advanced solutions and established position as a provider to key wireless customers is expected to create new market access opportunities. As a part of Corning, SpiderCloud will become part of the Optical Communications segment and align with its target of increasing annual sales from $3 billion in 2016 to $5 billion by 2020.

Regarding the acquisition, Clark S. Kinlin, EVP, Corning Optical Communications, said, "Wireless connectivity has become more a necessity than an amenity, and mobile operators and enterprise customers are seeking cost-effective solutions to enhance service for users inside buildings… with the acquisition of SpiderCloud Wireless, the combined product solutions will help drive optical convergence and enable fibre-deep architectures within the enterprise LAN".



  • SpiderCloud recently announced commercial availability of its Frequency Agile small cell, the SCRN-220, for its enterprise RAN (E-RAN) platform. The new SCRN-220 is an enterprise-grade LTE small cell that can be software configured for the major U.S. bands, including 2 (1900), 25 (1900), 4 (1700), 66 (2100), 12 (700) and 13 (700), with channel widths of 5, 10, 15 and 20 MHz.

  • The SCRN-220 is based on SpiderCloud's E-RAN architecture that includes a Services Node controlling up to 100 self-organising LTE small cells, capable of delivering coverage and capacity in indoor locations as large as 1.5 million sq feet. The product can support up to 64 active LTE users and offers 150 Mbit/s peak downlink rate.

  • SpiderCloud also recently expanded its E-RAN system with support for LTE-U, leveraging the Qualcomm FSM small cell platform and the SpiderCloud scalable small cell systems. It noted that the new system was one of the first enterprise scale small cell system to receive FCC authorisation to deliver LTE-U capacity in unlicensed spectrum, and also supported software upgrade to LTE-LAA.

  • In June, Corning Optical Communications launched a multiuse platform combining multi-fibre and single-fibre connection points and targeting carriers, operators and municipalities wishing to deploy fibre-deep access networks. Capable of supporting a mix of network architectures on the same fibre backbone, the multiuse platform is designed to enable LTE connectivity and future 5G networks.

Sunday, October 20, 2019

Verizon expands 5G in sports arenas

Verizon’s 5G service will be live in 10 arenas by the end of the 2019-2020 season, including Talking Stick Resort Arena, Chase Center, Pepsi Center, and coming soon to Madison Square Garden.

These arenas together host millions of basketball fans, hockey fans, and concert goers each year.

Last month, Verizon launched its 5G service in 13 NFL stadiums.

“Verizon is leading in 5G development and is transforming how entire industries operate ranging from entertainment to manufacturing,” said Heidi Hemmer, Vice President of Technology at Verizon. “Having this next generation technology in large venues like arenas should not only enhance the game-day experience for sports fans, but provide greater bandwidth for concert-goers, visitors or businesses working inside the venue.”

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.



Monday, October 7, 2019

Verizon tests optical sensing with NEC

Verizon conducted a proof-of-concept test to assess whether fiber optic cables laid in the ground can serve as distributed optical sensors to collect information on city traffic patterns, road conditions, road capacity, and vehicle classification information.

The trial used new optical sensor technology developed by NEC with software underpinned by artificial intelligence (AI) for intelligent traffic monitoring including the measurement of vehicle density, direction, speed, acceleration, deceleration, and more. The trial used fiber already deployed in the ground.

The fiber sensing system coexisted with existing Wavelength Division Multiplexing (WDM) communication channels on the same fiber with minimal impact to data communication capacity. The distributed multi-parameter sensor system evaluated various properties of back-scattering light, which can be used to derive the static strain, dynamic strain, acoustics, vibrations and temperatures for each fiber segment. This allows users to identify detected signatures and to translate those back-scattering signals into actionable information over a wide range of area previously unattainable by conventional sensors. With this unique technology provided by NEC, Verizon is able to use existing telecom networks, which were not built for sensing purposes, to generate valuable new data and to automatically analyze various environments.

“This test marks an important milestone for technology that could provide a huge leap forward for those building smart cities and those tasked to manage them,” said Adam Koeppe, Senior Vice President of Technology Planning and Development with Verizon. “Instead of ripping up tarmac to place road and traffic-sensing technology, cities will be able to simply piggyback Verizon’s existing fiber optic network.”

Results from this trial were reported jointly at OFC 2019 by Verizon and NEC (download PDF at https://www.osapublishing.org/abstract.cfm?uri=OFC-2019-Th4C.7).

“NEC has a strong history of leadership in the area of optical fiber technology. The results obtained from this joint research program with Verizon are a great advancement for smart city business opportunities, especially for safer city solutions such as the conservation of roads and the utilization of traffic information. We are confident that these cutting-edge solutions will provide meaningful new value for optical fiber networks,” said Atsuo Kawamura, Executive Vice President of NEC.

https://www.verizon.com/about/news/verizon-and-nec-just-made-fiber-sensing-whole-lot-easier

Wednesday, October 2, 2019

Next Gen SD-WAN: Driving digital transformation



Two minute video

SD-WAN continues to be a super high-growth area for Verizon.  As enterprises undergo digital transformations, they are embracing SD-WAN because it provides the ability to manage to a business outcome.

Moreover, SD-WAN is fundamental for Zero Trust Networking. When you can virtualize functions and implement policy in coordination to SD-WAN you have the ability to better protect the enterprise.

Shawn Hakl, Senior VP of Business Products at Verizon, talks about why Verizon's customers are embracing SD-WAN technology.

http://www.nginfrastructure.com/sd-wan

Tuesday, September 24, 2019

Verizon and Calix hit 34 Gbps over fiber using bonded NG-PON2

Verizon and Calix achieved 34 Gbps speeds over fiber using a bonded NG-PON2 (Next-Generation Passive Optical Network 2) ONT (Optical Network Terminal) prototype on Verizon’s simplified, increasingly automated fiber network. The demonstration was conducted at the Verizon Innovation Center in Waltham, Massachusetts.

To reach 34 Gbps, Verizon and Calix bonded all four available wavelength channels.

Verizon said it expects NG-PON2 technology will provide faster speeds, lower latency, simplification of operations and increased automation in the fiber network.  To achieve those benefits, NG-PON2 technology must be deployed throughout the entire fiber network.  Last year, Verizon and Calix successfully trialed NG-PON2 on the OLT (Optical Line Terminal).

“We know how important connectivity is to small and mid-size businesses,” said T.J. Fox, Senior Vice President and President of Verizon Business Markets. “These advances will deliver the promise of the cloud for our customers and bring them technology at parity to what previously was only in reach for large enterprises.”

“The AXOS Intelligent Access Edge simplifies the network, dramatically increases service velocity, and creates the foundation to unify both business and residential services into a single access transport,” said Michel Langlois, chief development officer for Calix. “The latest test results demonstrate how this approach enables CSPs to extend the benefits of AXOS all the way to the subscriber edge. With new services becoming increasingly bandwidth-intensive, our work with Verizon has demonstrated that AXOS systems leveraging NG-PON2 will provide the future-proof connectivity needed to meet these demands.”

Verizon goes all in with One Fiber program, NG-PON2


We are big believers in taking fiber all the way to the customer, said Lee Hicks, Verizon, speaking at ADTRAN's Broadband Business Solutions event in Huntsville, Alabama. Verizon's One Fiber program is its multiyear strategy to build a common fiber plant for all services, including consumer, business and mobile backhaul. The carrier starts with a deep base fiber, having invested in its FiOS FTTH network for years. In April 2017, Verizon awarded...


Verizon has selected Calix's AXOS E9-2 Intelligent Edge System to begin large-scale NG-PON2 deployments this quarter. These deployments will include the AXOS RPm (Routing Protocol module for Layer 3) and the AXOS SMm (Subscriber Management module for disaggregated Broadband Network Gateway). Financial terms were not disclosed. Calix said its NG-PON2 converged services platform enables Verizon to deploy a single access network for residential, business,...


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

See also