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

Wednesday, July 21, 2021

Verizon reports increased 5G adoption and record 2Q

 Citing wireless revenue growth, strong Fios and Verizon Media results, and increased wireless equipment revenue, Verizon reported consolidated operating revenues in second-quarter 2021 of $33.8 billion, up 10.9 percent from second-quarter 2020, and an increase of 5.3 percent from second-quarter 2019. Verizon reported EPS of $1.40, compared with $1.13 in second-quarter 2020. 

Capital expenditures in first-half 2021 were $8.7 billion, including more than $160 million for C-band expansion.

“Second quarter results were exceptional, both financially and operationally,” said Verizon Chief Financial Officer Matt Ellis. “Our strong first half performance and the momentum in our business gives us the confidence to raise our total wireless service revenue growth guidance to between 3.5 percent and 4 percent, an update from prior guidance for 2021 total wireless service revenue growth of at least 3 percent. We are also raising our adjusted EPS guidance* to the range of $5.25 to $5.35, an update from prior guidance for 2021 adjusted EPS of $5.00 to $5.15."

Some highlights

Consumer

  • Consumer ended second-quarter 2021 with approximately 20 percent of wireless phone customers having 5G-capable devices.
  • Total Verizon Consumer revenues were $23.5 billion, an increase of 11.2 percent year over year, and an increase of 6.7 percent from second-quarter 2019. 
  • Total wireless retail postpaid churn was 0.83 percent in second-quarter 2021. Wireless retail postpaid phone churn was 0.65 percent, a record-low retail postpaid phone churn outside of second-quarter 2020 and third-quarter 2020, which were heavily impacted by the pandemic. 
  • In second-quarter 2021, Consumer reported 350,000 wireless retail postpaid net additions. This consisted of 197,000 phone net additions and 234,000 other connected device net additions, offset by 81,000 tablet net losses.
  • There were 92,000 Fios Internet net additions in second-quarter 2021. Consumer Fios revenues of $2.9 billion in second-quarter 2021 were the highest since the company's new operating structure was introduced in 2019. The company's trailing 12-month total Fios Internet net addition performance is the highest since 2015. Consumer reported 62,000 Fios Video net losses in second-quarter 2021.

Business

  • Total Verizon Business revenues were $7.8 billion, up 3.7 percent year over year, and relatively flat from second-quarter 2019.
  • Business wireless service revenues were $3.1 billion in second-quarter 2021, an 8.0 percent increase year over year, and an increase of 11.4 percent from second-quarter 2019. This increase was led by Small and Medium Business and Global Enterprise. 
  • Total wireless retail postpaid churn was 1.30 percent in second-quarter 2021, and wireless retail postpaid phone churn was 1.07 percent.
  • Business reported 178,000 wireless retail postpaid net additions in second-quarter 2021, including 78,000 phone net additions.

Thursday, July 15, 2021

Ericsson and Verizon sign multi-year $8.3 billion 5G deal

Ericsson confirmed a multi-year 5G supply agreement with Verizon valued at $8.3 billion.

Under the agreement, Verizon will deploy Ericsson's 5G MIMO C-band, low-band and millimeter wave (mmWave) solutions to enhance and expand Verizon's 5G Ultra Wideband coverage, network performance and user experience. Ericsson's technology solutions, including Massive MIMO, Ericsson Spectrum Sharing and Ericsson Cloud RAN, complement the high-performing Ericsson Radio System portfolio to support 5G services. Ericsson’s industry-leading software functionality provides end-users with the speed and performance they expect from 5G networks.


Niklas Heuveldop, President and Head of Ericsson North America, says: “This is a significant strategic partnership for both companies and what we’re most excited about is bringing the benefits of 5G to U.S. consumers, enterprises and the public sector. We’re looking forward to working with Verizon to leverage solutions like Cloud RAN and our Street Macro, adding depth and versatility to 5G network rollouts across the U.S.”

“With this new agreement, we will be able to continue driving innovation and widespread adoption of 5G,” says Kyle Malady, Chief Technology Officer for Verizon. “We are pleased to continue this work through our long-standing relationship with Ericsson.”

  • In 2020, Verizon was the first communications service provider to receive a commercial 5G mmWave Street Macro base station from Ericsson's new state-of-the-art U.S. smart factory in Lewisville, Texas. 

Verizon tests carrier aggregation of C-Band + mmWave

Verizon achieved speeds of 4.3 Gbps in a trial of carrier aggregation using its newly acquired national footprint of C-band spectrum and its existing mmWave spectrum. 

The lab trial aggregated 100 MHz of C-band spectrum together with 600 MHz of mmWave spectrum to provide greater efficiency for data sessions transmitting over the wireless network. The basebands and radios used were from Ericsson’s industry-leading Ericsson Radio System portfolio including the RAN Compute Baseband 6648, Antenna-Integrated Radio (AIR) 6449 for the C-band spectrum, and the Streetmacro 6701 for mmWave. The radios leverage massive Multiple Input Multiple Output (MIMO) architectures. The device used in this lab trial was a pre-market test device based on MediaTek’s M80 modem, which combines mmWave and sub-6 GHz 5G technologies onto a single chip.


“The depth of our spectrum portfolio, now the strongest in the industry, allows us to quickly expand access to a world-class 5G experience for our mobile and fixed broadband customers, providing high speeds, low latencies and enormous capacity,” said Adam Koeppe, Senior Vice President of Technology Planning at Verizon. “These lab trials demonstrate the exceptional network performance our customers will receive as we are able to integrate our newly acquired C-band spectrum with mmWave spectrum.” 

The trial follows the recent announcement of new agreements with Verizon’s tower partners, Crown and SBA Communications, which provide for process improvements including standardizing and reducing forms and minimizing legal reviews. Additionally, Verizon has already started installation of C-band equipment from Ericsson and Samsung Electronics Co., Ltd to speed deployment of its 5G Ultra Wideband and fixed wireless broadband service. These combined efforts, along with ongoing lab trials to optimize 5G technology on C-band spectrum will allow Verizon to offer expanded mobility and broadband services to millions more consumers and businesses as soon as the spectrum is cleared. 

In the first quarter of 2022, Verizon expects to put into service the new 5G C-band spectrum in the initial 46 markets and to provide 5G Ultra Wideband service to 100 million people. Over 2022 and 2023, coverage is expected to increase to more than 175 million people and by 2024 and beyond, when the remaining C-band spectrum is cleared, more than 250 million people are expected to have access to Verizon’s 5G Ultra Wideband service on C-band spectrum.

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. 

Monday, June 28, 2021

Verizon to build 5G core on hybrid cloud with IBM and Red Hat

Verizon has chosen IBM and Red Hat to help build and deploy an open hybrid cloud platform with automated operations and service orchestration as the foundation of its 5G core.

IBM Global Business Services is also integrating Telco Network Cloud solutions into Verizon’s Service Orchestration Platform to automate and manage services much more efficiently. This integration is designed to improve the service quality, predictably and automation of virtual network functions and comply with Open Network Automation Platform interfaces.


Steve Canepa, Global GM & Managing Director, IBM Communications, states "Verizon is a great example of a communication services provider that is on the forefront of this transformation, by embracing an open hybrid cloud platform that enables a world-class operations environment, aligned to their next-gen vision of an intelligent, highly automated and efficient 5G network. With this transformation, they can scale and deploy new services across a variety of environments, speeding innovation that delivers new value to customers."


Saturday, June 19, 2021

Verizon wins $495m contract to manage Defense Research Network

Verizon Public Sector was awarded a $495 million contract by the U.S. Department of Defense (DoD) to deliver a next-generation, high-bandwidth, low-latency, Layer 2 wide area network in support of critical research. 

Verizon’s solution includes switch, router, firewall and Edge Compute capabilities, connecting 200 different Research, Development, Test, and Evaluation (RDT&E) laboratories and High Performance Computing (HPC) locations at speeds up to 400 Gbps. 


“Investments across Verizon’s enterprise business enable the kind of tailored solutions our team will deliver to the U.S. Department of Defense and the Defense Research and Engineering Network,” said Jennifer Chronis, Senior Vice President for Public Sector at Verizon. “Our managed services solutions will create a next-generation user experience for research teams utilizing the DREN platform while also enhancing security across the network.”

https://www.verizon.com/about/news/us-dept-defense-awards-verizon-495m-contract

Monday, May 10, 2021

Verizon tests carrier aggregation of C-Band + mmWave

Verizon achieved speeds of 4.3 Gbps in a trial of carrier aggregation using its newly acquired national footprint of C-band spectrum and its existing mmWave spectrum. 

The lab trial aggregated 100 MHz of C-band spectrum together with 600 MHz of mmWave spectrum to provide greater efficiency for data sessions transmitting over the wireless network. The basebands and radios used were from Ericsson’s industry-leading Ericsson Radio System portfolio including the RAN Compute Baseband 6648, Antenna-Integrated Radio (AIR) 6449 for the C-band spectrum, and the Streetmacro 6701 for mmWave. The radios leverage massive Multiple Input Multiple Output (MIMO) architectures. The device used in this lab trial was a pre-market test device based on MediaTek’s M80 modem, which combines mmWave and sub-6 GHz 5G technologies onto a single chip.


“The depth of our spectrum portfolio, now the strongest in the industry, allows us to quickly expand access to a world-class 5G experience for our mobile and fixed broadband customers, providing high speeds, low latencies and enormous capacity,” said Adam Koeppe, Senior Vice President of Technology Planning at Verizon. “These lab trials demonstrate the exceptional network performance our customers will receive as we are able to integrate our newly acquired C-band spectrum with mmWave spectrum.” 

The trial follows the recent announcement of new agreements with Verizon’s tower partners, Crown and SBA Communications, which provide for process improvements including standardizing and reducing forms and minimizing legal reviews. Additionally, Verizon has already started installation of C-band equipment from Ericsson and Samsung Electronics Co., Ltd to speed deployment of its 5G Ultra Wideband and fixed wireless broadband service. These combined efforts, along with ongoing lab trials to optimize 5G technology on C-band spectrum will allow Verizon to offer expanded mobility and broadband services to millions more consumers and businesses as soon as the spectrum is cleared. 

In the first quarter of 2022, Verizon expects to put into service the new 5G C-band spectrum in the initial 46 markets and to provide 5G Ultra Wideband service to 100 million people. Over 2022 and 2023, coverage is expected to increase to more than 175 million people and by 2024 and beyond, when the remaining C-band spectrum is cleared, more than 250 million people are expected to have access to Verizon’s 5G Ultra Wideband service on C-band spectrum.


Monday, April 19, 2021

Verizon begins C-band rollout with Ericsson and Samsung

Verizon confirmed that the installation of C-band equipment from Ericsson and Samsung Electronics Co. is now underway. 

Ericsson is providing its Antenna-Integrated Radio (AIR) product, which features a massive Multiple Input Multiple Output (MIMO) architecture with Ericsson Uplink Booster and advanced beamforming technology.  Samsung is also supplying Massive MIMO radios and fully virtualized RAN (vRAN) solutions.

Verizon secured an average of 161 MHz of C-band spectrum nationwide in the recent FCC auction,  Verizon's rollout requires new network equipment including basebands, radios and antennas to be placed on existing towers.

“We’re moving fast, with cooperation from our equipment partners, to have everything in place as soon as this C-band spectrum is cleared for use,” said Kyle Malady, Chief Technology Officer at Verizon. “This is a massive undertaking designed to add this game-changing capability as quickly as possible to the network our customers already rely on for consistent, superior performance when they need it most.”

In the first quarter of 2022, Verizon expects to put into service the new 5G C-band spectrum in the initial 46 markets and to provide 5G Ultra Wideband service to 100 million people. Over 2022 and 2023, coverage is expected to increase to more than 175 million people and by 2024 and beyond, when the remaining C-band spectrum is cleared, more than 250 million people are expected to have access to Verizon’s 5G Ultra Wideband service on C-band spectrum.

Verizon’s spectrum bands are contiguous, which will streamline deployment across the mainland United States. Also helping to speed deployment are the recently signed and announced agreements with Verizon’s tower partners, Crown and SBA Communications, which provide for process improvements including standardizing and reducing forms and minimizing legal reviews, allowing Verizon engineering teams to expedite deployment of C-band equipment. Both agreements establish terms for leasing space on existing towers for C-band equipment.

https://www.verizon.com/about/news/verizon-starts-c-band-equipment-deployment


Thursday, April 15, 2021

Verizon launches Hyper Precise Location service with centimeter accuracy

Verizon Business launched its Hyper Precise Location kinematics service with availability in more than 100 major U.S. markets. 

HPL is software as a service (SaaS) that provides a stream of real-time global navigation satellite system (GNSS) correction data to device receivers, enabling location accuracy within 1-2 centimeters, for users on 5G and 4G networks. 

When paired with Verizon’s 5G Edge capabilities, HPL provides the precise positioning data that emerging Cellular Vehicle to Everything (C-V2X) technology relies upon in certain safety applications. Verizon recently teamed with automakers to demonstrate vehicle-pedestrian safety scenarios made possible through HPL, 5G Edge and C-V2X.

“Hyper Precise Location stands to boost or enable next-gen technologies across industries, from intelligent-driving to drone delivery to highly automated operations within construction, agriculture, and much more,” said TJ Fox, SVP of Industrial IoT and Automotive for Verizon Business. “HPL’s fast expanding coverage area, API friendliness, privacy protection, and use of open-delivery standards make it ideal for developers and customers demanding precision and flexibility.”

In August, Verizon announced it is also developing HPL next-gen road safety and highly advanced driving solutions through partnerships with location and mapping expert HERE Technologies (HERE) and Renovo, the automotive software company. HPL can also support other emerging technologies that depend on high-level location accuracy, such as delivery drones, and advanced IoT applications, such as infrastructure monitoring, critical asset tracking, and high value shipping.

Verizon offers 10-year price lock on fixed 5G business service

Verizon Business is expanding its 5G fixed-wireless connectivity offering to 21 new U.S. cities this month. 

Offerings include 100, 200, and 400 Mbps plans serving large Enterprise and Small & Medium Business customers, with no data limits. Verizon is offering a 10 year price lock for new customers, no long-term contract required. 


The expansion includes parts of Anaheim, Atlanta, Cincinnati, Cleveland, Dallas, Denver, Detroit, Indianapolis, Kansas City (MO), Las Vegas, Miami, Minneapolis, Phoenix, Sacramento, Salt Lake City, San Diego, San Francisco, San Jose, St. Louis, and St. Paul, with parts of Riverside-Corona, CA becoming available on April 22. The service previously launched in parts of Chicago, Houston and Los Angeles. Additional cities will be announced on a rolling basis.

https://www.verizon.com/about/news/verizon-business-5g-business-internet-21-us-cities


Thursday, April 8, 2021

Verizon extends rollout of fixed 5G Home Internet to more cities

Verizon expanded its fixed 5G Home Internet service to more cities, including parts of Milwaukee and Tampa.

Verizon 5G Home Internet is now available in 30 markets.

The carrier says most customers can experience max download speeds up to 1 Gbps, with typical download speeds of 300 Mbps.


https://www.verizon.com/about/news/verizon-5G-home-internet-is-available-in-more-cities

Verizon & Honda test 5G for connected and autonomous vehicles

Honda and Verizon, in partnership with the University of Michigan’s Mcity, a test bed for connected and autonomous vehicles, are testing how new connected safety technology using 5G and mobile edge computing (MEC) could ensure fast, reliable communication between road infrastructure, vehicles and pedestrians sharing the road thus reducing collisions and saving lives. 

Since 2017, Honda has been developing a technology to realize a collision-free society called SAFE SWARM. Using Cellular Vehicle-to-Everything (C-V2X) communication, Honda SAFE SWARM enables vehicles to communicate with other road users and share key information such as location, speed, and vehicle sensor data. One limitation of this approach is the need to outfit each vehicle with onboard artificial intelligence (AI) capabilities. The use of 5G helps move the AI capabilities from the vehicle to the MEC, reducing the need for AI onboard each vehicle.

The partners highlighted three safety scenarios:

  • Pedestrian Scenario: A pedestrian is crossing a street at an intersection. An approaching driver cannot see the pedestrian due to a building obstructing the view. Smart cameras mounted in the intersection relay information to MEC using the 5G network. Verizon’s MEC and V2X software platforms detect the pedestrian and vehicle and determine the precise location of road users assisted by Verizon’s Hyper Precise Location services. A visual warning message is then sent alerting the driver of the potential danger.
  • Emergency Vehicle Warning Scenario: A driver cannot see an approaching emergency vehicle and cannot hear its siren due to the high volume of in-vehicle audio. Verizon’s MEC and V2X software receive a safety message from the emergency vehicle and send a warning message to nearby vehicles. The driver receives a visual warning.
  • Red Light Runner Scenario: A vehicle fails to stop at a red light. Using data from the smart cameras, MEC and V2X software detect the vehicle and send a red-light-runner visual warning message to other vehicles approaching the intersection.

“Honda’s research collaboration with Verizon is an important step in our multi-year effort to develop connected vehicle safety technology to realize our vision for a collision-free society,” said Ehsan Moradi Pari, Ph.D, research group lead at Honda’s Advanced Technology Research Division. “While the research is preliminary and not intended as a product feature at this time, 5G-enabled vehicle communication and MEC have the potential to advance safety for everyone sharing the road.”

“The ability to move computing power to the edge of our 5G network is an essential building block for autonomous and connected vehicles, helping cars to communicate with each other in near real-time and with sensors and cameras installed in streets and traffic lights,” said Sanyogita Shamsunder, vice president of Technology Development and 5G Labs at Verizon. “When you consider that roughly 42,000 people were killed in car accidents last year and 94% of accidents are caused by human error, our new technologies including 5G and MEC can help drivers ‘see’ things before the human eye can register and react helping to prevent collisions and save lives.”


Monday, April 5, 2021

Verizon Business teams with AWS on mobile edge computing

Verizon Business and Amazon Web Services (AWS) will be expanding their 5G collaboration to deliver private mobile edge computing (MEC) to enterprise customers in the U.S. 

The solution will fully integrate Verizon’s Private 5G networks and Private Edge platform with AWS Outposts, a fully managed service that offers the same AWS infrastructure, services, APIs, and tools to virtually any datacenter, co-location space, or on-premises facility for a truly consistent hybrid experience.  The platform supports unified connectivity, compute and storage, without having the need for the customer to own extensive networking and IT infrastructure. The new, fully managed private MEC solution will support a wide range of industrial manufacturing applications, such as autonomous mobile robots (AMRs), predictive maintenance, quality assurance, and near real-time monitoring and hazard alerts. Verizon’s Private 5G Edge platform will give customers a reliable, secure, high bandwidth, low latency connection to AWS services, APIs, and tools running on AWS Outposts. Additionally, two smaller AWS Outposts — 1U and 2U form factors — will give customers options to deploy AWS on-premises in space-constrained locations.


The companies said their solution will enable real-time enterprise applications like intelligent logistics, predictive maintenance, robotics, factory automation, etc. Corning will be the first company to leverage this private MEC solution.

“Verizon’s 5G is the platform for 21st century innovation and customers are looking to rapidly innovate, improve performance, and create new revenue streams,” said Tami Erwin, CEO of Verizon Business. “Developers are already creating new latency-dependent solutions that run on the Verizon/AWS public MEC service launched last year. Our private MEC offering will unlock that same potential for enterprise customers who need to maintain a secure, closed environment in factories, warehouses and other facilities.”

“Private MEC is a natural expansion of our collaboration with Verizon,” said Dave Brown, Vice President Elastic Compute Cloud (EC2) at AWS. “Customers are already leveraging AWS Wavelength's ability to provide ultra-low latency access to end users for use cases like video distribution, inference at the edge, AR/VR, and connected vehicles. Now, Private 5G MEC from AWS and Verizon brings ultra-low latency to dedicated, closed, on-premises environments for use cases such as autonomous mobile robots, quality assurance, and hazard alerting.”

“We’re living through one of the greatest communications evolutions in history – and at the center of it all are optical networks. At Corning, our vision is to accelerate the ways in which innovation improves people’s lives and brings the world closer together, which includes partnering with industry leaders such as Verizon and AWS to make the promise of 5G a reality,” said Michael A. Bell, senior vice president and general manager of Corning’s Optical Communications business. “We believe 5G will revolutionize the way people and companies interact with technology, and we’re excited to advance these developments in our own plant, where we manufacture the optical cable needed to support the networks. Now, with Verizon’s 5G network and mobile edge computing solution using AWS Outposts, we’re leveraging technologies like autonomous mobile robots to demonstrate how manufacturers can increase efficiency.” 

Verizon 5G Edge with AWS Wavelength now available in eight cities

Verizon has activated its 5G Edge with AWS Wavelength service in Las Vegas, its eighth mobile edge computing location.  Verizon and AWS announced their partnership at AWS re:Invent in 2019 and have since launched mobile edge computing (MEC) capabilities in Atlanta, the San Francisco Bay Area, Boston, Dallas, Las Vegas, Miami, New York and Washington, DC, with plans to add two additional cities by year end.Verizon 5G Edge with AWS Wavelength...

Measuring the latency of AWS Wavelength on Verizon 5G

AvidThink recently performed a series of basic throughput and latency tests on AWS Wavelength on Verizon’s network: Part 1 - https://avidthink.com/analysis/aws-wavelength-verizon-real-world-perspective/ Part 2 - https://avidthink.com/analysis/aws-wavelength-verizon-real-world-perspectives-part-2/ In this video, Roy Chua, founder and principal of AvidThink, and Jim Carroll, Editor of Converge! Network Digest, discuss the test methodology...


Wednesday, March 31, 2021

Verizon to shut off 3G CDMA network on December 31, 2022

Verizon confirmed plans to definitively shut off its 3G CDMA network on December 31, 2022. The company says the date will not be extended again and notes that its final day of operations is months after competitors will have shut down their 3G services. 


In 2016, Verizon first announced plans for decommissioning its 3G network by the end of 2020. The deadline was extended so as to minimize potential disruption for customers who had not yet upgraded their phones. Currently, 99% of Verizon customers are using its 4G LTE or 5G service.

https://www.verizon.com/about/news/3g-cdma-network-shut-date-set-december-31-2022

Sunday, March 14, 2021

Verizon expands fixed 5G Home service to 10 more cities


Verizon is expanding its fixed 5G Home Internet service to 10 more cities including Cleveland, OH; Las Vegas, NV; Louisville, KY; Omaha, NE; San Diego, CA; Charlotte, NC; Cincinnati, OH; Hartford, CT; Kansas City, MO and Salt Lake City, UT.

As it activates its newly acquired C-band spectrum, Verizon anticipates expanding the service to roughly 15 million homes by the end of 2021.

“We continue to lead the industry with ever-expanding broadband and mobility options for our customers, and our new C-band spectrum holdings, in combination with our extensive mmWave spectrum holdings, will only accelerate that for customers,” said Ronan Dunne, CEO, Verizon Consumer Group. “5G internet disrupts the current delivery of broadband internet service and provides speed and reliability, possible only because of our winning network combination. That’s 5G Built Right.”

Verizon's 5G Home Internet has no data limits and offers speeds up to 1 Gbps. It is priced at $50 a month for Verizon customers with a qualifying mobile plan, and $70 a month for non-Verizon customers. 

https://www.verizon.com/home/internet-service-provider/


Tuesday, February 23, 2021

Samsung intros indoor 5G mmWave Small Cell

Samsung Electronics introduced a 5G mmWave small cell for indoor use within enterprises, including manufacturing or distribution facilities, corporate offices, and entertainment or public venues (such as shopping centers, stadiums or hotels). The first version of Samsung’s Link Cell will support 28GHz and has the capability to combine four 100MHz bandwidth of frequencies.

Verizon will be the first U.S. wireless operator to commercially deploy Samsung’s Link Cell, which the wireless provider will use to extend the footprint of its 5G Ultra Wideband network. 

In addition, Samsung is introducing Link Hub and Link HubPro small cells to provide low and mid-band support to operators and enterprises. Link Hub is designed for venues with existing Distributed Antenna Systems (DAS), providing low and mid-band 5G service across an existing in-building infrastructure. Link HubPro is an active antenna system, which includes a hub and indoor radios for mid-to-large enterprises with support for various spectrum options. Link Hub and Link HubPro are expected to begin commercial rollouts beginning 1Q 2021.


Tuesday, February 16, 2021

Verizon to acquire Austrian-based incubed IT for robot automation

Verizon agreed to acquire incubed IT GmbH, a privately-held company based in Hart bei Graz, Austria. Financial terms were not disclosed.

incubed IT's software platform offers autonomous navigation tools to administer, manage and optimize mixed fleets of robots in industrial settings. The software enables robots to localize and navigate autonomously and can be easily integrated into nearly any mobile robot.

Verizon said incubed IT’s autonomous software will enable enterprise customers to gain new efficiencies as they scale their autonomous mobile robot fleets using 5G.

“This acquisition further demonstrates Verizon’s commitment to developing new and innovative businesses and use cases leveraging the power of 5G,” said Rima Qureshi, Chief Strategy Officer at Verizon. “Mobile robot orchestration is a real and emerging challenge faced by enterprises today. By integrating incubed IT’s autonomous software with Verizon’s 5G platform, we will have the ability to power robotic automation at scale. This will create new opportunities for enterprise customers to better and more effectively monitor and optimize their business processes.”

“incubed IT’s next-generation software and autonomous fleet management server are foundational components for the future of terrestrial robotics,” said Elise Neel, Vice President of Verizon New Business Incubation. “When we combine incubed IT’s capabilities with the reliability, responsiveness and vast capabilities of Verizon’s 5G platform, we will enable faster, less expensive and more effective adoption of robotic automation for enterprises everywhere.”


Sunday, January 31, 2021

Verizon signs power purchase deal for 152MW solar farm in Indiana


Verizon has entered into a power purchase agreement (VPPA) with Lightsource bp that will enable construction of a new 152.5 megawatt ac solar farm in Indiana.

The Bellflower solar farm, located about 40 miles east of Indianapolis in Henry and Rush Counties, is expected to become operational in 2022.

“Through their corporate sustainability commitment, Verizon is spurring development of clean and affordable energy sources in the U.S. that benefit us all,” said Kevin Smith, CEO of Lightsource bp in the Americas. “Working together, we’re reducing carbon emissions from electricity generation for the overall grid while delivering substantial local economic benefits. Adding initiatives to enhance local biodiversity further multiplies solar’s contribution to preserving our planet for future generations.”

“Last year, Verizon issued its second $1 billion green bond, which will be used to fund long-term renewable energy purchase agreements – including this agreement with Lightsource bp – that support the construction of solar and wind facilities. These facilities will bring new renewable energy to the grids that power our networks,” said James Gowen, Verizon’s chief sustainability officer and vice president, supply chain operations. “Verizon is committed to supporting the transition to a greener grid by making substantial investments in renewable energy.”

Tuesday, January 26, 2021

Verizon reports flat trends, continue buildout of 5G Ultra Wideband

Verizon reported total 4Q 2020 revenue of $23.9 billion, a decrease of 1.2 percent year over year. Earnings per share (EPS) amounted to $1.11, compared with $1.23 in 4Q 2019. Net income was $4.7 billion, a decline of 9.6 percent from fourth-quarter 2019, and adjusted EBITDA (non-GAAP) of  $11.7 billion, an increase of 5.3 percent from fourth-quarter 2019.

"Verizon finished the fourth quarter with strong financial performance," said Verizon Chairman and CEO Hans Vestberg. "2020 was marked by transformational change, including the launch of our 5G nationwide network. We witnessed a mass shift toward virtual collaboration, touchless retail and delivery, remote work, distance learning, and telemedicine. We continued to execute our multi-use network strategy; we were recognized by RootMetrics as the best overall wireless provider, undefeated in all categories; and we continue to be the partner of choice for the world’s most innovative brands. 

Some highlights

  • Full-year 2020 capital expenditures were $18.2 billion. Capital expenditures continue to support the growth in traffic on the company's 4G LTE network and the continued build-out of the company's 5G Ultra Wideband and nationwide networks. 
  • For 2021, capital spending is expected to be in the range of $17.5 billion to $18.5 billion, including the further expansion of 5G Ultra Wideband in new and existing markets, the densification of the wireless network to manage future traffic demands, and the continued deployment of the company's fiber infrastructure. 

Consumer

  • Total Verizon Consumer revenues were $23.9 billion, a decrease of 1.2 percent year over year, primarily driven by a decline in wireless equipment revenue due to softer volumes in the quarter. For full-year 2020, total Consumer revenues were $88.5 billion, a decrease of 2.8 percent from full-year 2019, driven by a decline in wireless equipment revenue.
  • In fourth-quarter 2020, Consumer reported 357,000 wireless retail postpaid net additions.This consisted of 163,000 phone net additions and 81,000 tablet net losses, offset by 275,000 other connected device net additions. Postpaid smartphone net additions were 284,000.
  • Consumer wireless service revenues were $13.6 billion in fourth-quarter 2020, a 1.2 percent increase year over year. Full-year 2020 Consumer wireless service revenues were $53.6 billion, a 0.3 percent decrease from full-year 2019.
  • Total retail postpaid churn was 0.96 percent in fourth-quarter 2020, and retail postpaid phone churn was 0.76 percent. 
  • Consumer reported 92,000 Fios Internet net additions in fourth-quarter 2020, an increase from 35,000 Fios Internet net additions in fourth-quarter 2019. Consumer and Business reported 95,000 total Fios Internet net additions in fourth-quarter 2020, the most fourth-quarter total Fios Internet net additions since 2014. Consumer reported 72,000 Fios Video net losses in fourth-quarter 2020, reflecting the ongoing shift from traditional linear video to over-the-top offerings. 

Business results

  • Total Verizon Business revenues were $8.1 billion, down 0.3 percent year over year. Wireless service revenue growth was offset by reductions in wireless equipment volumes and secular pressure on legacy wireline products. For full-year 2020, total Verizon Business revenues were $31.0 billion, a decrease of 1.5 percent from full-year 2019. 
  • Business reported 346,000 wireless retail postpaid net additions in fourth-quarter 2020. This consisted of 116,000 phone net additions, 116,000 tablet net additions, and 114,000 other connected device additions.
  • Business wireless service revenues were $3.1 billion in fourth-quarter 2020, a 7.1 percent increase year over year. Full-year 2020 Business wireless service revenues were $11.8 billion, a 5.5 percent increase from full-year 2019.
  • Total retail postpaid churn was 1.19 percent in fourth-quarter 2020, and retail postpaid phone churn was 0.98 percent.  



Verizon suffers fiber cut in Brooklyn

 Following widespread outages on the East Coast, Verizon confirmed a fiber cut in Brooklyn.





Thursday, January 21, 2021

Verizon deploys Samsung’s virtualized 5G RAN

Samsung Electronics Co. Ltd. confirmed that Verizon has now commercially deployed its vRAN 2.0 solutions.

The deployment included Dynamic Spectrum Sharing (DSS) technology in Verizon’s 5G Nationwide network – enabling 5G and 4G LTE to work simultaneously in the same spectrum band.

Samsung said its fully virtualized 5G RAN solution takes all of the radio network functions that can be software-enabled and breaks them down into a virtualized Central Unit (vCU) and Distributed Unit (vDU), as well as a range of radio units. 5G vRAN, with its cloud-native, container-based architecture, replaces dedicated baseband hardware with software elements that can be operated on Common Off-The-Shelf (COTS) servers, an advancement over static, hardware-bound networks.

“We are committed to providing reliable, secure, and flexible network solutions that deliver the power of 5G around the world,” said Magnus Ojert, Vice President, Networks Division, Samsung Electronics America. “We believe vRAN’s next phase of innovation will accelerate what’s possible for society and look forward to collaborating with an industry-leader like Verizon to make 5G a reality for millions in 2021.”

“Verizon is committed to delivering the most advanced technology in the industry for our customers,” said Bill Stone, Vice President of Planning and Technology for Verizon. “We continue to push the boundaries of innovation in 5G, and deploying virtualization into our network from the core to the far edge is yet another way we are making our network more scalable and programmable to deliver the many promises of 5G.”

Samsung has also just posted a white paper on DSS.

https://news.samsung.com/us/samsung-expands-5g-technology-leadership-with-fully-virtualized-commercial-5g-ran/


Samsung wins huge 5G contract with Verizon

Samsung Electronics America has won a contract valued at approximately US$6.6 billion (7.9 trillion won) to supply network infrastructure to Verizon. The announcement was made in a financial disclosure posted by Samsung in Korea. The contract runs through 2025.

The contract is likely the largest 5G infrastructure deal to date for Samsung and likely comes as a loss to one of Verizon's European suppliers.

http://dart.fss.or.kr/dsaf001/main.do?rcpNo=20200907800091

Thursday, January 7, 2021

Verizon expands 5G Home fixed wireless access


Verizon will begin offering its 5G Home Internet service in parts of Arlington, TX; Miami, FL; Anaheim, CA; San Francisco, CA and St. Louis, MO, and Phoenix, AZ. The service offers max download speeds of up to 1 Gbps, depending on location, with typical download speeds of 300 Mbps.

“We ended 2020 with 2,700 cities with Nationwide 5G service serving 230 million people, 61 cities with Ultra Wideband service, and 12 cities with access to our 5G Home service; and we’re not slowing down,” said Kyle Malady, Chief Technology Officer for Verizon. “We're rolling out new services to more customers continuing the digital transformation Verizon has been driving.”

https://www.verizon.com/coverage-map