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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
  -0.51 -0.86% 58.78 59.07 58.60 58.92 15,678,897 00:52:13

Verizon Signs 5G Deal With Associated British Ports

01/04/2021 11:47am

Dow Jones News


Verizon Communications (NYSE:VZ)
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By Dave Sebastian

 

Verizon Communications Inc. said it has struck a deal with Associated British Ports to deploy private 5G at the Port of Southampton in partnership with Nokia Corp.

The private 5G deal is Verizon's first in Europe, the company said Thursday. Southampton will be the first U.K. mainland port with access to a private 5G network, Verizon said. The port handles goods flowing through supply chains, as well as cars and cruise.

The private 5G platform will provide wireless data network across certain areas within the east and west docks of the port, Verizon said.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

April 01, 2021 06:32 ET (10:32 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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