Latest news with #ThamesFreeport
Globe and Mail
02-07-2025
- Business
- Globe and Mail
Verizon Gains 9.2% YTD: Should You Invest in VZ Stock Now?
Verizon Communications Inc. VZ has gained 9.2% in the year-to-date period compared with the Wireless National industry's growth of 13.5%. The stock has outperformed the Zacks Computer & Technology sector and the S&P 500 during the same time frame. The company has underperformed its peers like AT&T Inc. T and T-Mobile US, Inc. TMUS. Shares of AT&T have gained 26.8%, while T-Mobile shares have returned 9.4% during this period. VZ Rides on 5G Adoption, Customer-Focused Strategy & AI Focus Verizon is benefiting from significant 5G adoption and fixed wireless broadband momentum. The company is accelerating the availability of its 5G Ultra-Wideband network across the country. Its 5G mobility services offer impressive connectivity and are gaining prominence across various industries, such as public safety, health care, retail and sports. To unlock the full potential of next-generation wireless technology Verizon's 5G relies on three fundamental drivers. These include massive spectrum holdings, particularly in the millimeter-wave bands for faster data transfer, end-to-end deep fiber resources and the ability to deploy a large number of small cells. The company recently secured a multibillion-dollar contract to deploy a private 5G network to industrial campuses across the Thames Freeport. This is one of the busiest maritime logistics and manufacturing regions in the United Kingdom. Such customer wins serve as a testament to Verizon's industry-leading 5G capabilities. The company also recently introduced several AI native features to enhance customer service. One of the standout features is Verizon Customer Champion, which utilizes Google Cloud's AI, including Google's Gemini models, to swiftly provide complete resolution to end users. The company is also offering 24/7 live customer support. It has refined the Verizon APP and introduced several AI features to improve transparency and drive greater value to end users from Verizon's services. Such initiatives are expected to boost customer engagement in the upcoming quarters. Verizon Complete Business Bundle solution is also gaining popularity among small businesses. With reliable, plug-and-play Internet connectivity, desk phone and security solutions with 24/7 tech support, these solutions enable the digital transformation of small business entities. The company has significantly augmented its retail footprint over the past few years. 93% of Americans now live within 30 minutes of a Verizon store. Verizon's presence across several regions allows the company to run localized promotions and improve real-time customer support services. Key Challenges for Verizon Verizon operates in a competitive and almost saturated U.S. wireless market with incumbents like AT&T and T-Mobile. Intensifying competition with a relatively fixed pool of customers is putting pressure on pricing. It could limit the company's ability to attract and retain customers and may adversely affect its operating and financial results. In a bid to increase customer base and beat the competition, Verizon often spends heavily on promotion and offers lucrative discounts. This puts pressure on the margin. The company has also heavily invested in the C-band auction, which is offering airwaves in the 3.7 gigahertz-to-4.2 gigahertz area of spectrum to acquire key mid-band spectrum for potential 5G deployments in the next few years. Unless the high auctioning expenses are justified, margins are likely to be compromised significantly. Estimate Revision Trend of VZ Earnings estimates for 2025 have remained stable at $4.69 over the past 60 days, while the same for 2026 has improved 0.41% to $4.88. Key Valuation Metric of VZ From a valuation standpoint, VZ appears to be trading relatively cheaper compared to the industry but trading above its mean. Going by the price/earnings ratio, the company's shares currently trade at 9.13 forward earnings, lower than 13.74 for the industry but above the stock's mean of 8.96. End Note With one of the most robust network infrastructures, Verizon continues to bring state-of-the-art technologies to provide ultra-fast data speed and capacity to customers. Client-focused planning, strong retail presence, AI integration, disciplined engineering and constant strategic investment are major growth drivers. The multi-billion-dollar deal in the United Kingdom highlights growing traction in the international market as well. However, intense competition in the wireless industry continues to hinder revenue growth. The entry of cable multi-service operators has further intensified the competition. Weakness in the wireline business and macroeconomic challenges are headwinds. With a Zacks Rank #3 (Hold), VZ appears to be treading in the middle of the road, and new investors could be better off if they trade with caution. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AT&T Inc. (T): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report T-Mobile US, Inc. (TMUS): Free Stock Analysis Report This article originally published on Zacks Investment Research (
Tahawul Tech
26-06-2025
- Business
- Tahawul Tech
Nokia and Verizon secure deal to provide 5G to UK FTZ
Verizon Business and Nokia recently secured a deal to provide 5G networks to multiple logistics, manufacturing and innovation sites across Thames Freeport. Thames Freeport will use the operator's private 5G networks to improve port operations with AI-based data analytics, autonomous vehicle control, real-time logistics orchestration and research and development. Nokia is the hardware and software vendor for the networks, which includes its digital automation cloud (DAC) platform and its on-premises edge computing platform, MX Industrial Edge (MXIE). A representative for Verizon told Mobile World Live there will be at least three private networks covering as many locations, and some with multiple sites, which could expand as the deployment progresses. The representative explained the deployment is in early stages and the networks are likely months away from going live. Verizon noted Thames Freeport is a designated UK free trade zone designed to ramp economic growth in the area while creating high-value jobs and attracting global investments. It is part of a long-term effort to revive the UK's River Thames Estuary region. The private 5G networks will play a direct role in reviving the local economy by providing job training and reskilling initiatives to foster innovation and R&D collaborations among Freeport tenants and outside corporate, government and research entities. The project has created 1,400 jobs and plans to reach 5,000 by 2030, with a focus on high-skilled training for the local communities. Thames Freeport CEO Martin Whiteley stated the investment in private 5G networks is 'the backbone of a technological transformation fuelling our long-term multi-stakeholder mission'. Thames Freeport and its tenant companies, including Ford, DP World and Forth Ports, will manage the private 5G infrastructure. Source: Mobile World Live Image Credit: Stock Image/Nokia
Yahoo
25-06-2025
- Business
- Yahoo
Verizon Teams Up With Nokia To Bring High-Tech 5G Boost To Busy British Ports
Verizon Communications (NYSE:VZ) Verizon Business, Thames Freeport, and Nokia Corp. (NYSE:NOK) on Wednesday announced a partnership to deploy Verizon Private 5G Networks across multiple key logistics, manufacturing, and innovation sites along the River Thames Estuary in U.K. Verizon Private 5G Networks will serve as the technology foundation for a multiyear, multibillion-dollar operational transformation and economic revival for the region, one of the busiest maritime logistics hubs in U.K. The Private 5G Networks buildout provides a scalable, long-term connectivity foundation for advanced data, AI, edge computing, and IoT infrastructure deployments to transform port and manufacturing Freeport has already created 1,400 jobs and plans to reach 5,000 by 2030, focusing on high-skilled training for local communities, the company said in a press release. The Verizon Private 5G Networks will enable advanced data and application capabilities for AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration. Nokia is the network's sole hardware and software provider, which will incorporate the Nokia Digital Automation Cloud (DAC) platform and Nokia MX Industrial Edge (MXIE). The Verizon Private 5G Networks will be deployed to DP World London Gateway, DP World Logistics Park, Port of Tilbury, and Ford Dagenham. The move marks Verizon's attempt to unlock value beyond U.S. The stock is up just 4% in the last 12 months as it grappled with weaker subscriber numbers due to competition from AT&T (NYSE:T) and T-Mobile US (NASDAQ:TMUS). Verizon reported fiscal first-quarter revenue growth of 1.5% year-over-year, reaching $33.49 billion, topping the analyst consensus estimate of $33.24 billion. Adjusted EPS of $1.19 topped the analyst consensus estimate of $1.15. Total wireless service revenue was $20.8 billion, up 2.7% Y/Y. Postpaid phone net losses were 289,000 versus 114,000 net losses Y/Y driven by price hikes, rival promotional offers, and lesser government support. Verizon attributed some of the loss to lower spending by some federal agencies. Verizon reiterated a 2.0%-2.8% growth in wireless service revenue. It reaffirmed an adjusted EPS of $4.59-$4.73 versus consensus of $4.67. Price action: On Tuesday, Verizon shares edged up 0.64%, closing the session at $42.63. Photo by Karolis Kavolelis via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? NOKIA (NOK): Free Stock Analysis Report VERIZON COMMUNICATIONS (VZ): Free Stock Analysis Report This article Verizon Teams Up With Nokia To Bring High-Tech 5G Boost To Busy British Ports originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Phone Arena
25-06-2025
- Business
- Phone Arena
Verizon teams up with Nokia in an effort to build multiple private 5G networks
Verizon Receive the latest Verizon news By subscribing you agree to our terms and conditions and privacy policy Meanwhile, Nokia is on to 6G Are you excited about 6G? Yeah, bring it on! No, not at all. I don't have an opinion at the moment. Yeah, bring it on! 0% No, not at all. 0% I don't have an opinion at the moment. 0% Recommended Stories Grab a free iPhone 13 from Total Wireless! Switch to Total 5G+ Unlimited 3-Month plan or Total 5G Unlimited and get a free iPhone. We may earn a commission if you make a purchase Check Out The Offer After launching Project 624 , an AI-powered initiative using Google's Gemini models and human agents to improve customer service, Verizon is now teaming up with Nokia. The telco and the Finnish company are to work closely together in the near Nokia have reportedly won a contract in Britain – they'll build several private 5G networks at Thames Freeport. This is a designated UK economic zone that offers tax incentives, customs benefits, and simplified regulations to promote trade and business growth. It spans over 1,700 acres and is expected to create more than 20,000 jobs – it includes one of Europe's largest automated ports and is home to Ford's only remaining UK manufacturing upcoming private networks will offer exclusive, high-speed connectivity for industrial use, bypassing the limitations of shared public networks and enabling technologies such as AI, automation, and real-time data processing. In other words, private 5G networks are like having your own personal, superfast and secure internet connection just for your business or site. Unlike public 5G, which is shared with everyone and can slow down during busy times, private 5G gives companies a dedicated connection that stays fast and reliable. This is especially useful for big industrial operations that rely on things like robots, sensors, and real-time data to run smoothly and financial terms were not revealed, the project is positioned as part of a broader multibillion-dollar transformation of the region, supporting Thames new 5G systems will power operations at DP World London Gateway and its logistics park, which together manage over 3 million containers annually, as well as the Port of Tilbury and Ford's Dagenham plant. Nokia will supply all hardware and software, making it the sole technology provider for the 5G has only recently started to become widespread, the industry is already preparing for the arrival of 6G. Nokia has published a detailed timeline that we told you about, indicating that commercial 6G service is expected to launch by the fourth quarter of 2029. This comes after the 3rd Generation Partnership Project (3GPP) recently met in Prague to discuss the technical specifications and architecture for 6G, with formal standards expected to be finalized by 2029 and 6G becoming widely available around highlights that 6G will bring significant advancements, including improved AI capabilities to manage data collection, model inference, and network performance, helping make the entire system more efficient and easier to operate. One key feature of 6G will be better battery life for devices, addressing a common limitation of current smartphones. Additionally, Nokia explains that 6G will require large amounts of radio spectrum but will share much of it with existing 5G networks through a new technology called 5G-6G Multi-RAT Spectrum Sharing (MRSS). This approach allows both networks to operate simultaneously and efficiently without transition from 5G to 6G is expected to be smooth because 5G is already designed to share spectrum dynamically, though MRSS will be even more advanced in managing resources between the two generations.
Globe and Mail
25-06-2025
- Business
- Globe and Mail
Verizon Business wins multisite private 5G contract fueling a multibillion dollar regeneration project
What you need to know: Verizon Business, in collaboration with Nokia, will deliver multiple Verizon Private 5G Networks to industrial campuses across the Thames Freeport, one of the UK's busiest maritime logistics and manufacturing regions. The Thames Freeport is a designated UK 'Free Trade Zone,' established to boost economic growth, create high-value jobs and attract global investment as part of a long-term effort to revive the UK's River Thames Estuary region. Thames Freeport will use Verizon Private 5G to enhance port operations with AI-driven data analytics, autonomous vehicle control, real-time logistics orchestration, innovation research & development, and more. LONDON, June 25, 2025 (GLOBE NEWSWIRE) -- Verizon Business, Thames Freeport and Nokia today announced a strategic partnership to deploy Verizon Private 5G Networks across multiple key logistics, manufacturing, and innovation sites along the River Thames Estuary in the United Kingdom. The Verizon Private 5G Networks will serve as the technology foundation for a multiyear, multibillion dollar operational transformation and economic revival for the region, one of the busiest maritime logistics hubs in the United Kingdom. The Private 5G Networks buildout provides a scalable, long-term connectivity foundation for advanced data, AI, edge compute, and IoT infrastructure deployments aimed at transforming port and manufacturing operations. The technological enhancements will play a direct role in boosting the local economy, underpinning job training and reskilling efforts as part of employment initiatives and supporting innovation and research & development collaborations among Freeport tenants and outside corporate, government, and research entities. Thames Freeport has already created 1,400 jobs and plans to reach 5,000 by 2030, with a focus on high-skilled training for local communities. Private 5G Deployments at Thames Freeport The Verizon Private 5G Networks will enable advanced data and application capabilities for AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration. Nokia is the sole hardware and software provider for the networks, which will incorporate the Nokia Digital Automation Cloud (DAC) platform and Nokia MX Industrial Edge (MXIE). The Verizon Private 5G Networks will be deployed to the following: DP World London Gateway and DP World Logistics Park, the UK's largest and most integrated deep-sea container port and logistics facility, with port capacity to handle over 3 million units per year. The hub includes a rail terminal with 20 daily services and a 9.25 million square foot high-tech logistics center. Port of Tilbury, the largest of the mixed-use Thames Freeport ports. Tilbury handles 16 million tonnes of cargo per year across 31 independent working terminals. Operated by Forth Ports, the sites comprise a crucial logistics hub for the construction, automotive and food & drink sectors. Ford Dagenham, the largest manufacturing site in London, this unique location gives access to regional manufacturing clusters, proximity to suppliers, and brings key production closer to the end market. Executive Statements 'Our partnership with Thames Freeport and Nokia shows the full promise of private 5G at scale. Thames Freeport is developing one of the most technologically advanced commercial corridors in Europe to enable forward innovation and economic revitalization for an entire community,' said Jennifer Artley, SVP, 5G Acceleration at Verizon Business. 'We're not just driving operational improvements to help a partner stay ahead of the curve; we're laying the groundwork for new revenue streams, community development, and further commercial and technological investment.' 'A flexible, high-performance connectivity platform is critical to our long-term vision,' said Martin Whiteley, CEO, Thames Freeport. 'Our investment in private 5G is not an incremental network upgrade—it's the backbone of a technological transformation fueling our long-term multi-stakeholder mission, which includes operational excellence for tenants; ROI for shareholders like Ford, DP World and Forth Ports; innovation leadership for public and private benefit; circular economy models supporting efficient energy models; empowering community development by enabling high-value job creation and training; and transforming public services with near-real time diagnostics at health-service sites. By partnering with Verizon Business and Nokia, we're delivering the technology needed to propel our region to the front of the leading edge.' 'Private wireless and industrial edge are the foundations for the digital transformation of industrial sites, and the Thames Freeport deployment is a landmark example of this evolution at scale. This is one of the largest commercial private 5G rollouts in a European port incorporating the Nokia DAC platform. This network will allow Thames Freeport to overlay advanced use cases such as AI-driven data analytics, predictive maintenance, process automation, autonomous vehicle control, safety monitoring, and real-time logistics orchestration,' said David de Lancellotti, VP of Enterprise Campus Edge Sales at Nokia. 'Together with Verizon Business, we're proud to be enabling the infrastructure that will help Thames Freeport drive new efficiencies, sustainable growth, and long-term economic opportunity for the region.' Fueling Growth The Thames Freeport has a mission of economic regeneration and operational excellence, centered on stimulating trade, fostering innovation, supporting energy transition, creating jobs and improving the lives of the people around it. Private 5G Networks from Verizon Business can help enable a range of strategic priorities at Thames Freeport sites in service of that mission. Select priorities include enabling advanced technology layers such as AI, edge computing, and IoT across active industrial sites where Freeport stakeholders can collaborate on new applications. For example, industrial sites can leverage IoT for autonomous yard tractors and quay cranes and for near real-time tracking, smart routing, and condition monitoring for cargo. That can allow tenants to intake cargo, assess quantity and condition, and ship it out faster and more efficiently, losing less to damage or misplacement. Additionally, AI with edge computing can help manage environmental impact through edge-connected smart sensors and AI-driven analytics that monitor and optimize port operations and asset performance, including near-real time monitoring of emissions, air and water quality, and noise levels. Managing the use of the Verizon Private 5G Network infrastructure will be the responsibility of Thames Freeport and its tenant shareholder organizations. This ensures fit-for-purpose connectivity that adapts to site-specific requirements while safeguarding data and operational autonomy. 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 $134.8 billion in 2024. 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 or find a retail location at VERIZON'S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at News releases are also available through an RSS feed. To subscribe, visit
