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Entries in Verizon:VZ (210)

Tuesday
May012012

Verizon and Cellcrypt to Deliver Encrypted Mobile Voice Services to the Govt.

Source: Verizon Press Release

Verizon and Cellcrypt, a provider of government-grade encrypted voice-calling software, will collaborate to deliver secure mobile calling capabilities to the U.S. government.

Under terms of a recently signed strategic agreement, the two companies will jointly market Cellcrypt's mobile voice-encryption solution to military, intelligence and civilian agencies.  The service will help government information technology departments manage the expanding use of mobile devices, address the potential risks associated with the interception of sensitive voice communications, and provide a powerful tool to combat cyberattacks on critical national infrastructure.

Currently undergoing trial testing with several government agencies, the yet-to-be named co-branded service will be available for sale this fall.

When launched, the Verizon-Cellcrypt service will be supported on smartphones and tablets running on the widely used Android, BlackBerry and iOS mobile operating systems.  The downloadable software application, which supports federal information processing standard 140-2, will work across cellular, Wi-Fi and satellite networks, including Verizon's industry-leading wireless networks.  FIPS 140-2, created by the National Institute of Standards and Technology, is a U.S. government computer-security standard used to accredit cryptographic hardware and software.

Monday
Apr302012

Verizon Wireless Announces New Prepaid Plans

Source: Verizon Wireless Press Release

Verizon Wireless announced the availability of a new prepaid plan beginning May 1, offering unlimited talk and text messaging, as well as 1 GB of data for $80 per month. This monthly plan is available on the prepaid Samsung Illusion. The Samsung Illusion prepaid package will also be available in Verizon Wireless Communications Stores and online  for $169.99. In the coming weeks, the Samsung Illusion prepaid is also available at Best Buy, Target, RadioShack and Walmart.

Additionally, starting May 1, customers can purchase a prepaid Verizon Jetpack 4G LTE Mobile Hotspot MiFi 4510L and take advantage of new prepaid Mobile Broadband plans. With the prepaid Jetpack, customers can now create a personal Wi-Fi cloud capable of sharing the high-speed Internet connectivity of the Verizon Wireless 4G LTE network with up to five Wi-Fi-enabled devices simultaneously. The Verizon Jetpack 4G LTE Mobile Hotspot MiFi 4510L prepaid package will be available in Verizon Wireless Communications Stores and online for $129.99. In the coming weeks, it will also be available at Best Buy, RadioShack and Walmart.

Thursday
Apr192012

Verizon Grows Earnings in 1Q12, Surpasses 5 Million FiOS Internet Subs

Source: Verizon Press Release

Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported double-digit percentage growth in year-over-year quarterly earnings results and increased cash flow in first-quarter 2012. Verizon reported 59 cents in EPS in first-quarter 2012, an increase of 15.7 percent compared with first-quarter 2011 earnings of 51 cents per share.

In first-quarter 2012, Verizon’s total operating revenues were $28.2 billion on a consolidated basis, an increase of 4.6 percent compared with first-quarter 2011. Consolidated operating income was $5.2 billion in first-quarter 2012, compared with $4.5 billion in first-quarter 2011. Consolidated EBITDA (non-GAAP, earnings before interest, taxes, depreciation and amortization) totaled $9.2 billion in first-quarter 2012, compared with $8.5 billion in first-quarter 2011.

Verizon reported 193,000 FiOS Internet and 180,000 FiOS Video net additions. FiOS Internet customers total more than 5 million. Verizon Wireless reported 93.0 million total retail customers and 88.0 million total retail postpaid customers.

Wednesday
Apr182012

Verizon Expands FiOS to 17,000 Additional Florida Homes

Source: Verizon Press Release

Verizon (NYSE:VZ) announced that starting Tuesday. April 17 it will make FiOS service available to more than 17,700 additional households over the next several months.

Consumers in these new "open for sale" addresses, located primarily in Pinellas and Polk counties, Florida will have a competitive alternative to their traditional cable provider. 

Verizon will contact residents directly when the company completes the required fiber splicing and other engineering work and launches FiOS service.  Areas affected will include:  

PINELLAS COUNTY - approximately 8,000 households.  Communities include St. Petersburg, Pinellas Park, Seminole, Clearwater, Countryside, Dunedin, Largo/Indian Rocks and Tarpon Springs.

POLK COUNTY - approximately 8,000 households.  Communities include Lakeland, Haines City, Winter Haven and Mulberry.

SARASOTA AND MANATEE COUNTIES - approximately 800 households.  Communities include east Bradenton, Nokomis and North Port.

HILLSBOROUGH COUNTY - approximately 600 households in Plant City.

With the latest additions, FiOS service will be available to more than 1.17 million households in the area.

Thursday
Apr122012

US Army Selects Verizon Enterprise Solutions to Move to the Cloud

Source: Verizon Press Release

Verizon Enterprise Solutions will help the U.S. Army move to cloud computing, enabling it to lower costs and consolidate data centers. Verizon, as part of a General Dynamics-led team, has been awarded two contracts to develop and implement fixed and mobile cloud computing capacity for the Army under the Area Processing Centers Army Private Cloud 2 initiative, known as APC2. The five-year, multiple-award contracts have a combined potential value of $249.8 million to all awardees.

As part of the General Dynamics team, Verizon, through its IT services unit Terremark, will provide infrastructure - including world-class cloud assets designed to meet federal security guidelines, and server, network and storage capacity - for the initiative.

APC2 is a new component of the LandWarNet strategic initiative, which encompasses all Army information computing capabilities such as collecting, processing and storing information. Through the program, the Army intends to lower application migration, hosting, administration and maintenance costs by moving to cloud infrastructure and reducing the number of data centers it operates.

Under the APC2 Fixed Suite 1 contract, Verizon will work with General Dynamics to establish a secure, reliable and cost-effective computing platform for the Army. Under the Mobile Suite 2 contract, Verizon will work with General Dynamics to provide a mobile data center solution to support business continuity plans and cases where rapid deployment of computing is critical.