Verizon small business survey finds growing optimism; security remains a top concern
September 08 2021 - 8:00AM
Verizon Business today released findings from its third Small
Business Recovery Survey, conducted by Morning Consult. With
responses from 600 small and midsize businesses, the data shows
that despite challenges such as labor and supply shortage
constraints and heightened cybersecurity concerns, there is greater
optimism among business owners, who are adopting technology to
scale their businesses. Full results of the survey -- the third
release in an ongoing series -- are available [here].
“There is still a long road ahead for recovery but there is an
overwhelming sense of optimism; that technology will enable the
competitive edge our customers need to scale their business for the
future,” said Sampath Sowmyanarayan, Chief Revenue Officer for
Verizon Business. “As our customers enter their next phase of
growth, technology that addresses security, reliable connectivity
and enables mobility will be integral to their success.”
Special discounts and no activation fees for small and
medium businesses
To celebrate National Small Business Week, Verizon Business is
bringing back Small Business Days September 13-17th, where small
and medium businesses can visit a participating store or book a
virtual appointment at verizon.com/stores to access special
discounts and jumpstart areas of their business including
communications, connectivity, and security. Beyond advice and
support, starting 9/13, small and medium business owners will be
able to take advantage of limited time offers and get up to $1,000
off a new 5G phone with trade-in and new line. Additionally, there
are no activation fees. A complete list of offers can be found
here.
5G Business Internet Expansion
52% of small businesses either purchased or upgraded Internet
connections to enable high-capacity activities needed to conduct
business. This trend is parallel with Verizon's rapid expansion of
its 5G Business Internet offering, which becomes available in parts
of seven more U.S. cities tomorrow: Louisville, KY; Charlotte, NC;
Hartford, CT; Fremont, CA; Orlando, FL; Sarasota, FL; and
Pensacola, FL. That brings the total number of cities with 5G
Business Internet service availability to 54.
Powered by Verizon 5G Ultra Wideband, 5G Business Internet is a
fixed-wireless broadband alternative to cable for businesses of all
sizes. Verizon will continue to bring 5G Business Internet into new
cities on an ongoing basis as it readies deployment of its recently
acquired C-Band assets, which is expected to expand availability of
the service in cities where it is offered. Verizon Business also
offers fixed-wireless LTE Business Internet.
As part of Verizon's responsible business plan, Citizen Verizon,
the company has made a multi-year commitment to bring one million
small businesses forward by 2030 with resources to help them
succeed in the digital economy. Earlier in 2021, Verizon committed
$10 million to small business support through the nonprofit Local
Initiatives Support Corporation (LISC), focusing on business owners
in historically underserved communities. On September 13, 2021,
Verizon will launch a customized online program for diverse small
business owners, offering personalized content, coaching, community
and more to succeed in today's digital economy. Learn more
here.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on
June 30, 2000 and is one of the world’s leading providers of
technology, communications, information and entertainment products
and services. Headquartered in New York City and with a presence
around the world, Verizon generated revenues of $128.3 billion in
2020. The company offers data, video in and voice services and
solutions on its award-winning networks and platforms, delivering
on customers’ demand for mobility, reliable network connectivity,
security and control.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media
contacts and other resources are available at verizon.com/news.
News releases are also available through an RSS feed. To subscribe,
visit www.verizon.com/about/rss-feeds/.
Media contact:Claudia
Russoclaudia.russo@verizon.com201.400.5325
Verizon Communications (NYSE:VZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Verizon Communications (NYSE:VZ)
Historical Stock Chart
From Apr 2023 to Apr 2024