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VZ Verizon Communications Inc

39.69
-0.09 (-0.23%)
15 Jun 2024 - Closed
Delayed by 15 minutes
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
  -0.09 -0.23% 39.69 39.8381 39.45 39.45 10,477,024 00:58:56

Verizon Public Sector earns $100M contract with the State of Michigan

09/05/2024 5:00pm

GlobeNewswire Inc.


Verizon Communications (NYSE:VZ)
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Verizon Public Sector today announced it has been awarded a new contract by the State of Michigan valued at $100 million.

Through this agreement, state agencies and affiliated entities will have access to Verizon’s award-winning network and a comprehensive suite of communications solutions designed to help enable Michigan to best serve the state’s more than 10 million residents.

The contract also allows eligible Michigan cities, townships, villages, counties, school districts, universities, colleges, and nonprofit hospitals to take advantage of available Verizon services through MiDeal, the State of Michigan’s extended purchasing program.

“This contract award clearly demonstrates Michigan’s commitment to ensuring that government and public safety agencies, educational institutions, and medical facilities across the state have access to the most current communications capabilities,” said Massimo Peselli, Chief Revenue Officer of Global Enterprise & Public Sector, Verizon Business. “Michigan’s investment in these solutions will not only help these agencies modernize the way they do business, but also enable them to better serve their constituents by improving efficiency.”

The new contract, which is effective through August 11, 2028, and renewable for up to a total of five additional option years, includes access to devices and services including Fixed Wireless Access (FWA), 5G Ultra Wideband (UW) connectivity, special plan pricing, and, for first responders and public safety agencies, access to Verizon Frontline, the advanced network and technology built for first responders.

For three decades, Verizon Frontline has partnered with public safety agencies on the front lines, helping enable mission-critical communications and offering everything from a dedicated crisis response team to access to nearly 600 deployable communication assets.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in 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 $134.0 billion in 2023. 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, and security.

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:Eric Durieeric.durie@verizon.com516-382-8219

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