Verizon

Verizon reported its second quarter 2022 results on July 22. Total revenue for the company was $33.8 billion, relatively flat from second-quarter 2021. Its net income was $5.3 billion, a decrease of 10.7 percent from second-quarter 2021. Total broadband net additions reached 268,000, including 256,000 fixed wireless net additions. This was an increase of 39,000 from first-quarter 2022, and fixed wireless net additions increased 62,000 from first-quarter 2022. Verizon had 36,000 Fios Internet net additions.

Verizon will deliver enhanced connectivity to approximately 80 Bureau of Indian Education (BIE) schools operated by Native American tribes on 64 reservations in 13 states. Verizon’s network investment across diverse tribal lands is expected to lead to reliable, high-speed internet service and connected devices for thousands of students. The work will support BIE's mission to provide quality education opportunities from early childhood through life in accordance with a tribe's needs for cultural and economic well-being.

Verizon reported first-quarter 2022 results that showed strong growth in its wireless business. Consolidated revenues for first-quarter 2022 totaled $33.6 billion, up 2.1 percent from first-quarter 2021. Verizon's growth in first-quarter 2022 was driven by the first full quarter of ownership of TracFone Wireless, higher equipment revenue, and strong wireless service revenue growth. The company saw a total wireless service revenue of $18.3 billion, a 9.5 percent increase year over year.

Verizon has entered into agreements with satellite providers for early clearance of additional C-band spectrum the company acquired in 2021, providing an opportunity to deploy America’s most reliable 5G Ultra Wideband service to more customers in more places in 2022. With this early clearance of the second phase of C-band spectrum, originally scheduled to be cleared in Dece

For the first time, Verizon is offering free Internet with its Fios Forward program to qualifying Affordable Connectivity Program customers. With Fios Forward and ACP, qualifying customers will have access to premium high-speed Internet without data caps, extra fees or equipment costs, helping them maintain connectivity for virtual learning, remote work, telehealth visits and more. Service has speeds starting at 200Mbps for downloads and uploads, crucial bandwidth for video-heavy applications.