Verizon To Start A New Deal To Boost Video Streaming

The wireless company has recently signed a new deal with Vice Media which is going to go further to provide high-class video streaming services to the users.

Verizon Communications has recently signed a new deal with Vice Media for the purpose of making the video streaming experience better for the users. This shows how much the wireless giant is focusing on to bring about positive changes in its wireless network for its users as only a few weeks back, the merger deal with AOL that the wireless carrier carried out was completely successfully.

That merger was also for the purpose of bringing commendable changes in the internet experience of the users who wish to see videos on their phones and desktops without a hassle. The networking firm is reportedly working on making the grand launch of its video streaming department for which purpose this new deal with Vice Media has been signed on.

Through the signed matter, Verizon business will be receiving the license for tech; food and travel programming that it needs to cover all the work that needs to be done in order to carry out the new venture with success. The news that has been circulating in the industry informs the customers about how the wireless giant will be using any content from Vice Media which it finds useful for the release while on the other hand, using its own built content as well.

Currently, the goal of Verizon wireless is to reach out to the young people who are seen to be spending more time watching online videos than older people. The deal signed between the two communication providers is raising expectations of the company to attract the right number of young people to the network, which has been given the highest priority by the wireless company so far. It should also be noted that the reason the wireless giant started a deal with Vice Media was because of the popularity it has among the young people and how it is going to help the firm in many positive ways.

Furthermore, the tech company has been seen to start similar deals with companies like Spotify and HBO and also America Online, which it took over some time back. Other than the United States, Vice is also seen to sign deals with companies in Latin America, Asia and Europe.

It is to no surprise that the increasing usage of smart phones has encouraged the wireless carriers to no end to make considerable amount of investments and changes in their network in order to raise more and more revenue through successful operations. It has also been seen that the users are seen watching videos on their phones on a more regular basis now.

New LG Smartphone Lancet Being Offered By Verizon Communication

The wireless company recently announced the launch of a new low budget phone by LG that is sure to attract the attention of people who wish to carry smart phones but with a low budget.

According to a recent press release by Verizon wireless business, it was reported by the management of the firm that LG’s new phone, the Lancet, will be made available for the customers soon. Previously, LG Display Co Ltd was not seen to have given much importance to the phones supported by software provided by Windows but as per the latest release, it was seen that this time around, the firm has decided to bring a new phone in the market with the software that it previously tried to avoid. There were rumors regarding the release of the smart phone in which it was expected in the last week of May. However, as per the latest update on the wireless networking business, it has been announced that this phone will be launched on May 14 instead.

It has also been made public by Verizon (VZ) wireless that it will reportedly be the only carrier to be providing this low budget LG phone to the market. According to BidnessETC, the phone will be made available for the users in the United States by May 21, 2015. The wireless carrier has been giving special attention to the upcoming phone supported by a promotional campaign that is to help make this phone a success.

Lancet will be coming in a with features like a 4.5-inch screen along with an 854x480 resolution screen with a Qualcomm processor. The internal storage on the phone will be of around 8GB and will also be made compatible to work with a micro SD card. The new LG phone will also come with a 4G LTE support with a battery system that will work for 2100mAh support. As for the camera, it comes with an 8MP camera with the secondary camera provided with VGA.

The phone that is yet to release has already been made available by Verizon online store for purchase and customers who wish carry out the buying procedure will be able to do so in only $120 which is a far lower price as compared to other smartphones that come with the same features.

Verizon management was seen to speak in recent press release in which it discussed how the upcoming phone is going to be quite useful for customers who wish to enjoy the typical features in a smartphone at a price that is manageable by people who wish to save money on gadgets. Therefore, for people who wish to enjoy features of a smartphone but not spend too much, this phone is sure to prove as a great device to own.

Verizon Gears Up For Powerful Answers Awards 2015

Verizon Communication is all set to host the Powerful Answers Award program from the year 2015

In the most recent Verizon stock news, it was seen that the company has been working seriously towards growing its innovation department and towards offering deals and packages that adhere to the policy of the society in accordance. The company was recently seen making an announcement in which it stated that the wireless providers are now taking in suggestions and ideas regarding its Powerful Answers Awards program scheduled to happen in 2015.

This program of Verizon has been taking place for the past two years and this year will mark the third time of such an award program to take within the company. In this award program, the company invites experts, developers and business initiators for a competition worth $6 million with different cash prizes. Apart from that, the wireless company provides a special platform to the people from the industry to incorporate their ideas and suggestions into creating software solutions more easily and efficiently.

Verizon Communications is the largest wireless provider in the United States of America and the company is planning to announce the quarterly earnings report for FY15 in the middle of April. As for the analysts, the expected earnings per share for the quarter are going to be $0.95.

According to Verizon’s stock price today, it was recorded that the company has been facing huge blows in the financial market as the share price that the company is trading on is around 9.77% lower than its 52 week high estimations and its only 7.39% higher than its 52 week low estimated price. The stock of the company is expected to trade between the two ends of $45.09 to $53.66. The price to earnings ratio that was recorded on the stock index by the company came around at 20.01 whereas the estimated P/E by the S&P 500 was disclosed at 18.51.

Currently, Verizon wireless company has a market value amounted up to $201.2 billion. In the last trading session faced by the company on the stock index, it was reported that the stock price of the firm fell to the share price of $48.42. The 50 day average of the moving stock has been estimated at $49.02 while, on the other hand, the 200 day average of the stock has come around at $48.7.

According to the analyst who have covered the stock of the company, it was disclosed that around eighteen analysts firms rated the stock of the company with a ‘buy’ rating whereas thirteen equity firms were seen to have given a ‘hold’ rating to the stock of the firm.