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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 | |
---|---|---|---|---|---|---|---|---|
0.45 | 1.15% | 39.67 | 39.955 | 38.895 | 39.09 | 18,346,671 | 01:00:00 |
Each arena will be connected with two diversely routed 100G fiber circuits, increasing the network bandwidth by tenfold and offering full redundancies to help ensure fans never miss a moment of the action.
“The NBA is a leader in bringing innovative, high quality viewing experiences to fans outside the arena,” said George Fischer, SVP and president of Verizon Enterprise. “By combining the benefits of our multi-use strategic fiber deployment build and video broadcast distribution capabilities to be provided by our Verizon Media’s media services, we’re uniquely positioned to deliver on what the NBA expects for its fans.”
The fiber network will be managed using Verizon’s Wavelength Services, and each arena will be connected to network hubs in Newark, NJ and Atlanta, GA. A dedicated virtual network operation center in Dulles, VA will be operated by Verizon Media during game time to monitor real-time video traffic quality and data across the network.
The new video distribution network and fiber connectivity will be live starting in the second half of 2020.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, generated revenues of $130.9 billion in 2018. The company operates America’s most reliable wireless network and the nation’s premier all-fiber network, and delivers integrated solutions to businesses worldwide. With brands like Yahoo, TechCrunch and HuffPost, the company’s media group helps consumers stay informed and entertained, communicate and transact, while creating new ways for advertisers and partners to connect. Verizon’s corporate responsibility prioritizes the environmental, social and governance issues most relevant to its business and impact to society.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at www.verizon.com/about/news/. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
Media contact:Chris McCann908.559.8135christopher.mccann@verizon.com
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