With its beautiful, pristine beaches, lovely mountain views,
bustling cities, nationally recognized universities and high tech
industries, North Carolina has a lot to offer. It’s no wonder that
since 2010, the state has added over a million residents, and
welcomes tens of millions of visitors each year. And Verizon is
there to support customers and communities in North Carolina in a
number of critical ways. Verizon has continued to grow the strength
and reliability of the network that serves the state. Citizen
Verizon, the company’s responsible business plan for economic,
environmental and social advancement, continues to provide
financial contributions to help vulnerable communities. Verizon
Frontline provides mission-critical communications capabilities to
the first responders who serve the state.
Growing the strength and reliability of the
network
In 2021, Verizon invested over $200 million in its network in
North Carolina. That investment expanded capacity on the company’s
4G LTE network and introduced 5G service to nearly 2.5 million
customers throughout the state, and North Carolinians are loving
the new service. There has been a 215% increase in 5G data usage in
NC since January of 2022. To meet that growing demand, Verizon
plans to deliver 5G Ultra Wideband to 175 million POPs in the US by
the end of this year, and will deliver at least 250 million POPs by
the end of 2024.
Since the beginning of the pandemic in January of 2020, nearly
100,000 Verizon customers have moved to North Carolina and data
usage in that state over the same period of time has continued to
increase. To meet the growing demands in the state, Verizon
engineers in NC will build thousands of new network solutions
including new macro towers, small cell sites and repeaters to
increase 4G LTE capacity and coverage, expand 5G Ultra Wideband
service in areas where 5G currently is and to new markets
throughout the state, expand the underlying fiber footprint that
carries data throughout the network, and continue to support North
Carolinians and first responders in the upcoming hurricane season.
Network enhancements will take place throughout the state including
in the focus areas of the south end of Charlotte, the Duke campus
in Durham, the airport in Greensboro, and the communities of
Fayetteville, Asheboro, Raleigh, Winston Salem, Boone, Western NC,
Wilmington and coastal markets near Wilmington.
This aggressive network expansion will deliver incredible
speeds, strong reliability and high performance for mobile, home,
and business customers, and will continue to support Verizon’s core
areas of growth and innovation across mobility, nationwide
broadband, mobile edge compute and business solutions, the value
market and network monetization.
“We greatly value our customers in North Carolina and will
continue aggressively investing in the state so they have access to
game-changing advanced technology and sufficient capacity for all
their home and mobile networking needs,” said Kyle Malady, EVP and
President, Global Networks and Technology. “We are absolutely
committed to providing North Carolinians the reliability and
advanced technology they have come to expect from Verizon.”
Supporting first responders who serve North
Carolina
During 2021, the Verizon Frontline Response Team deployed more
than 30 times in support of public safety agencies in North
Carolina to provide mission-critical communications capabilities to
the first responders on the front lines of multiple emergency
response operations. More than 400 Verizon Frontline devices and
solutions ranging from mobile hotspots, routers, smart devices
and drones, to dozens of deployable satellite solutions such as
Satellite Picocells on Trailers (SPOTs), were deployed in support
of North Carolina first responders.
During 2021, a year of unique challenges, the Verizon Frontline
Response Team provided support to North Carolina public safety
agencies during Winter storms, hurricanes, wildfires, flooding
events and supported first responders in North Carolina's Wake
County during a mass COVID-19 vaccination effort at PNC
Arena.
This support has continued during 2022 as the Verizon Frontline
Response Team has already participated in nearly 20 public safety
operations and training events alongside North Carolina
public safety agencies such as the North Carolina Emergency
Management Department and Richmond County Emergency Services. This
ongoing support is provided at no cost to local agencies and
represents a continuation of Verizon Frontline’s commitment to
investing and innovating in partnership with public safety and
government.
Verizon’s responsible business efforts in North
Carolina
In 2021, Verizon invested over $5,000,000 in charitable
contributions and programs (estimated market value) in the state.
As part of Verizon’s commitment to digital inclusion and taking
action by expanding digital access and resources, the company's
signature education initiative, Verizon Innovative Learning, has
welcomed 25 schools throughout North Carolina in the past
decade.
Through the Verizon Innovative Learning Schools program, in
partnership with non-profit partner Digital Promise, students and
teachers at select Title I schools across the country are equipped
with free technology devices, internet access and innovative STEM
learning programs. The program also provides schools with extensive
teacher training focused on technology integration into the
learning experience and more.
Verizon Innovative Learning’s project-based STEM learning
program, STEM Achievers, is a year-round program open to all middle
school students and is held in partnership with Historically Black
Colleges and Universities (HBCUs), Hispanic-Serving Institutions
(HSIs) and community colleges across the country. The program works
to empower underserved middle school students to explore STEM
subjects, learn problem-solving skills and consider career
opportunities in tech fields. In North Carolina, Verizon has
partnered with North Carolina Agricultural and Technical State
University since 2015 to offer the program. Kicking-off with a
summer camp program, North Carolina residents in or near Greensboro
can sign up their middle school students for free for programs that
run through the end of July.
In addition, Verizon’s next-gen online education portal, Verizon
Innovative Learning HQ, is available for free to all, including
educators and students, and is a key driver in Verizon’s quest to
provide 10 million youth with digital skills training by 2030. The
education portal enables any K-12 educator to access innovative
learning apps, professional development and tailored lesson plans
to empower students to be social innovators and to create solutions
using emerging tech.
As part of Citizen Verizon, the company’s five-year investment
to help vulnerable communities is on track to exceed $3 billion by
2025.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on
June 30, 2000 and is one of the world’s leading providers of
technology and communications services. Headquartered in New York
City and with a presence around the world, Verizon generated
revenues of $133.6 billion in 2021. The company offers data, video
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: Karen
Schulz864.561.1527Karen.Schulz@verizon.com
Eric Durie 516-382-8219Eric.durie@verizon.com
Bernadette Brijlallbernadette.brijlall@verizon.com
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