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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Verizon Communications Inc | NYSE:VZ | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.3608 | 0.93% | 39.2508 | 39.32 | 39.06 | 39.08 | 7,284,162 | 20:26:19 |
“Organizations are challenged with finding flexible and secure networking solutions that enable the rapid transition to hybrid cloud and hybrid work while maximizing application performance for their users,” said Massimo Peselli, senior vice president, Global Enterprise, Verizon Business. “The addition of these Cisco solutions builds on our longstanding history of co-innovation and provides customers with the agility and scalability to meet today’s needs while future-proofing their operations.”
Besides enabling hybrid connectivity, Verizon’s NaaS with Cisco SD WAN solutions helps simplify operations, employ an asset light model, optimize resources, allow network and security convergence, improve user experience from application-aware routing, and increase business agility.
The new solutions include:
"In a hybrid work world, application performance and security are critical. We are committed to making it simpler for IT teams to deliver the best customer experiences,” said Todd Nightingale, EVP and GM, Enterprise Networking and Cloud, Cisco. “Verizon’s new Cisco managed SD WAN offer delivers cloud security and 5G capabilities, reduces complexity for customers, and enables private network connections to Cisco's Webex service cloud."
Verizon was positioned as a Leader in the IDC MarketScape: Worldwide Managed SD WAN 2020 Vendor Assessment (doc #US45837420, August 2020) and was recognized as the Global Managed Services Partner of the Year at Cisco’s 2020 Partner Summit, reflecting Verizon’s status as a leading Cisco managed services partner. Verizon is also deploying Cisco 4G ISR routers to 1,700 Verizon Wireless stores.
Visit the Verizon Business NaaS landing page to learn more.
1 The advent of 5G, the Internet of Things (IoT), along with SDN, video, security telematics, and edge computing, will expand to become a foundational enabler of the real-time enterprise (RTE), in which businesses can exploit information, actions and events the moment they occur.
About Verizon 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 $128.3 billion in 2020. 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.
About CiscoCisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your enterprise, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter at @Cisco.Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
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:Kyle Ragonese kyle.ragonese@verizon.com 732.236.3526 @KyleRagonese
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