Amazon announces general availability of AWS Wavelength on Verizon's 5G network » 14:2208/0608/06/20
Amazon Web Services…
Amazon Web Services (AMZN) announced the general availability of AWS Wavelength on Verizon's (VZ) 5G network, allowing developers to build ultra-low latency applications for mobile devices and users in Boston and the San Francisco Bay Area, beginning in San Jose today and extending to the rest of the Bay Area in the coming weeks. Customers can now deploy parts of their application that require ultra-low latency at the edge of 5G networks using the same AWS APIs, tools, and functionality they use today, while seamlessly connecting back to the rest of their application and the full range of cloud services running in an AWS Region. By embedding AWS compute and storage services at the edge of 5G networks, AWS Wavelength enables developers to serve edge computing use cases that require ultra-low latency like machine learning, Internet of Things (IoT), and video and game streaming.
Verizon partners with Todoist to support students, teachers » 09:2008/0508/05/20
Verizon announced a…
Verizon announced a partnership with Todoist, a productivity app with 25 million users worldwide. Wireless unlimited customers on Verizon's Mix & Match plans with a student or teacher discount can now enjoy six months free of Todoist Premium and will be able to take advantage of Todoist's game changing app to help easily organize and prioritize tasks and projects at no added cost for six months - an ideal tool for today's remote classrooms. The trusted task manager can help students and teachers manage a challenging workload with chores and responsibilities at home, all while maintaining a new normal as we head into fall. Todoist Premium features - like reminders, task labels, file uploads, project templates, calendar feeds and more - enable consumers to capture deadlines, stay organized, and can help them better manage their time.
Verizon Ventures leads EUR4M Series A financing round in PICadvanced » 08:4908/0508/05/20
Verizon Ventures announced it led a EUR4M Series A financing round in PICadvanced, a developer of cost-effective optics and photonics solutions for telecom applications. Joining Verizon Ventures in the round is a 200M Co-investment Fund managed by PME Investimentos, which makes co-investments in high-growth Portuguese startups. Founded in 2014 and based in Ilhavo, Portugal, PICa has been active in the development of optoelectronic transceivers for a new telecommunications network standard called NG-PON2. Leveraging its expertise, the company aims to provide innovative solutions for the Passive Optical Network market. It has solved many complex problems through optics, from design and development to packaging and testing that are used in the electrotechnology, telecommunications, and biomedicine industries. NG-PON2's advantage is said to increase the capacity of the network and deliver more bandwidth at a lower cost per bit. PICa is also pioneering the design of Photonic Integrated Circuits, which will significantly reduce the cost of producing optical modules and break most of the bottleneck created by conventional optic devices.
Verizon completes 5G global roaming trials » 09:3008/0308/03/20
Continuing its global 5G…
Continuing its global 5G leadership, Verizon has become the first US operator to successfully complete 5G global roaming trials and have a commercially ready 5G global roaming service. Customers traveling from the US to South Korea with a compatible device can enjoy the benefits of 5G service internationally. The successful trials for voice, data and text messaging were conducted on the live production 5G network in South Korea with a prototype device using dual frequencies. The 5G device, which can access 5G services in the US using mmWave spectrum, accessed 5G on 3.5 GHz spectrum in Korea. Average speeds recorded during the trial were 252 Mbps downlink and 119 Mbps uplink.
|Over a week ago|
Yahoo Sports and NBA collaborate through VR, fantasy and betting relationship » 12:3907/3007/30/20
Yahoo Sports and the…
Yahoo Sports and the National Basketball Association, NBA, are joining forces "to enhance the at-home fan experience with a multiyear relationship that will make Yahoo Sports an Official Marketing Partner of the league and RYOT a live virtual reality production partner during the NBA Restart in Orlando. The relationship will also allow Yahoo Sports to engage fans through fantasy and sports betting in unprecedented ways, including the right to create sports betting content and expanding Yahoo Sports' existing distribution of NBA League Pass, the league's premium live game subscription product, to include gaming integrations. To bring an immersive, arena-like experience to fans, RYOT, an innovation studio, will produce live NBA games in VR and transport the physical games taking place at ESPN's Wide World of Sports Complex to fans at home via their Oculus devices. This next-gen content is the latest example of how VR can transform sports and entertainment by blurring the lines between virtual and physical. More than a dozen live NBA League Pass games will be distributed in VR via Oculus Venues on Oculus Quest and Oculus Go headsets beginning Friday, July 31 through Friday, Aug. 14. As part of a partnership with Oculus to power the NBA League Pass VR experience during the NBA Restart, fans can enjoy the action by purchasing a Quest headset here. For a full schedule of games available in VR, visit nba.com/vr. "RYOT's powerful VR capabilities will deliver a truly immersive live experience at home, creating a seamless experience between the physical and digital world," said Guru Gowrappan, CEO of Verizon Media. "NBA League Pass in VR is exactly the kind of innovative solution we love to create with our partners. Working with the NBA to redefine the fan's experience of the game has amazing implications for the future of sports and entertainment.," said Yahoo Sports.
Verizon expands home internet options to rural customers » 08:5407/3007/30/20
Introducing Verizon's new LTE Home Internet. A new broadband Internet service now available in Savannah, GA; Springfield, MO and Tri Cities, TN/VA/KY, uses Verizon's most awarded 4G LTE network. Beginning July 30, Verizon will expand home access Internet to customers outside the Fios and 5G Home footprints, expanding home connectivity options to rural areas. LTE Home Internet is $40 a month for Verizon wireless customers and $60 a month for non-Verizon wireless customers. The easy-to install LTE Home router is $10 a month with a device payment plan.
Crown Castle reports Q2 FFO $1.35, consensus $1.47 » 16:5607/2907/29/20
Reports Q2 revenue…
Reports Q2 revenue $1.44B, consensus $1.45B. Reports Q2 EPS 41c, consensus 50c. "In the second quarter, we generated solid results that were in line with our expectations as our business continues to perform well during this period of unprecedented uncertainty," stated Jay Brown, Crown Castle's Chief Executive Officer. "We continue to anticipate a significant increase in industry activity in the second half of this year as our carrier customers invest to improve their existing networks and as 5G investments ramp. Although the full rebound in overall industry activity on towers is taking a bit more time to materialize than we previously expected, we remain on track to generate at least 7% growth in AFFO per share this year. Looking beyond this year, I am excited about what will likely be another decade-long investment cycle for our customers with the deployment of 5G, and see the potential for our AFFO per share growth to improve next year.
Notable companies reporting after market close » 14:2107/2907/29/20
PYPL, QCOM, NOW, CCI, LRCX, CTSH, ORLY, ADM, CERN, YUMC, TDOC, HOLX, QRVO, URI, AVTR, FBHS, SFM, WERN, CAKE, HOME
Notable companies reporting after the market close, with earnings consensus, include PayPal (PYPL), consensus 88c... Qualcomm (QCOM), consensus 71c... ServiceNow (NOW), consensus $1.01... Crown Castle (CCI), consensus 50c... Lam Research (LRCX), consensus $4.05... Cognizant (CTSH), consensus 69c... O'Reilly (ORLY), consensus $4.30... Archer Daniels (ADM), consensus 51c... Cerner (CERN), consensus 61c... Yum China (YUMC), consensus 24c... Teladoc (TDOC), consensus (23c)... Hologic (HOLX), consensus 38c... Qorvo (QRVO), consensus $1.13... United Rentals (URI), consensus $1.86... Avantor (AVTR), consensus 14c... Fortune Brands (FBHS), consensus 59c... Sprouts Farmers (SFM), consensus 36c... Werner Enterprises (WERN), consensus 40c... Cheesecake Factory (CAKE), consensus ($1.12)... At Home (HOME), consensus 11c.
Verizon Public Sector appoints Jennifer Chronis to lead Federal business » 08:3407/2807/28/20
Verizon Public Sector…
Verizon Public Sector (VZ) appointed Jennifer Chronis to lead its Federal business starting in early August.Chronis joins Verizon Public Sector from Amazon Web Services (AMZN) where she has served for four years as its General Manager of the Department of Defense with direct responsibility for all aspects of AWS's business with the DOD.
Ericsson delivers first U.S. manufactured commercial 5G station to Verizon » 07:1807/2807/28/20
Verizon (VZ) is the first…
Verizon (VZ) is the first recipient of a U.S. manufactured commercial 5G base station from Ericsson's (ERIC) new state-of-the-art smart factory in Texas. The equipment is the first 5G base station produced by Ericsson in the U.S. and marks another significant milestone as Ericsson continues to strengthen its U.S. capabilities in 5G research, design, manufacturing and service delivery. The 5G base station delivered to Verizon is the millimeter-wave Street Macro solution, which is key to Ericsson's 5G portfolio for its North American customers. All radio access components are housed in one lightweight enclosure, allowing for the rapid growth of 5G coverage in complex city environments.