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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 | |
---|---|---|---|---|---|---|---|---|
0.36 | 0.92% | 39.54 | 40.68 | 39.37 | 40.11 | 35,737,140 | 00:59:59 |
“This is Verizon’s 7th OTL win out of 8 attempts, which serves as a testament to the trust the U.S. Air Force has in the strength and speed of our network, as well as the quality of the professional and managed services expertise they gain from our people,” said Maggie Hallbach, senior vice president, Verizon Public Sector. “We are honored to have Verizon Business serve as one of their most trusted partners.”
The Air Force bases are located in Alabama, Alaska, Arkansas, California, Delaware, Washington, D.C., Florida, Idaho, Illinois, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Texas, Virginia, and Washington.
The award builds on Verizon Business’s recent momentum with the U.S. Air Force, and broadens Verizon’s 5G portfolio with the federal government, and the U.S. Dept. of Defense specifically. Titled Opportunity to Lease (OTL) 3, Groups A, B and C, the win builds on Verizon’s OTL 1a, 1b, 2 and 2b wins in 2019, 2021 and 2023, empowering Verizon to provide wireless improvements to more than three dozen Air Force bases, including the 5G Ultra Wideband deployment work Verizon completed at Tyndall Air Force Base in Florida. Through its involvement in the OTL program, Verizon is delivering 5G and other wireless network services across 72 Air Force bases throughout the United States.
Verizon’s 5G investment in the Armed Forces is helping U.S. military leadership pursue its most strategic digital transformation priorities. This includes supporting flight line test equipment, animated simulation and training, full-motion, high-definition video to support telemedicine for its airmen, and ultra-fast artificial intelligence for biometric identification.
Click here for more information on Verizon Public Sector solutions.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.
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: Geoffrey Basyegeoffrey.basye@verizon.com202-748-1882
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