Stay Informed. Stay Competitive with FREE Insights on the Stock Market, Dow 30 & Emerging Opportunities. Get Free Email Updates

Stay Competitive With Stock Market Updates!

Get Free Updates

Verizon Strikes Its First Private 5G Contract In Europe

By John F. Heerdink, Jr.

Reportedly, Verizon Communications, Inc. (VZ) has entered into its first private 5G contract in Europe with Associated British Ports for the deployment of the mobile network at the Port of Southampton, with the port becoming the first mainland port in the UK to have private 5G.

On England’s south coast, Port of Southampton is one of the largest and busiest ports for cruises and cars, handling about 900,000 cars and millions of cruise passengers annually. In October, Verizon struck deals with Microsoft and Nokia for deploying private 5G. The telecom giant is working with Nokia to build private networks for manufacturing and logistics companies in international markets, where it does not have its own network.

“We have been able to equip ABP to take advantage of the immediate benefits private 5G offers, and take full advantage of new technology applications and real-time analytics which will digitally transform its services in the future,” stated Tami Erwin, CEO, Verizon Business.

The technology is expected to help the port with real-time analytics, autonomous guided vehicles, asset tracking, and safety monitoring.

Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ), and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page.






Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.

(Read Original Story: Verizon signs first private 5G contract in Europe in Reuters)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us