Verizon Communications Inc.’s (VZ - Free Report) subsidiary, Verizon Business, has partnered with Mastercard (MA - Free Report) to develop solutions that will transform the global payments industry.
5G is going to reshape the way we interact with each other — be it contactless shopping or cloud-based point of sale solutions.
To turn ideas into reality, Verizon and Mastercard have joined forces to develop an innovative solutions platform that will create new experiences for businesses and consumers.
The market leaders are working to unlock the power of IoT sensor connectivity with near real-time edge computing capabilities to drive the fintech, payments and banking industries forward.
The solutions will enable smartphones or other connected devices to seamlessly accept payment and unlock touchless retail shopping experiences. It will also create new ways to consume physical and digital goods and deliver digital capabilities for small and medium businesses.
Verizon will leverage Mastercard’s ‘Bill Pay Exchange’ real-time messaging network to enable enhanced communication between consumers and billers.
Verizon’s 5G technology, when combined with Mastercard’s expertise, is likely to create new uses cases and game-changing solutions in the evolution of commerce.
The telecom giant has built its 5G Ultra Wideband network to enable innovations that will support the changing behavior of customers. The 5G Ultra Wideband network supports a wide range of business and industrial applications.
Verizon’s disciplined network strategy for long-term sustainable growth is noteworthy. It expects to provide 5G Ultra Wideband service using C-band to 100 million people by the end of first-quarter 2022.
Verizon’s shares have inched up 1.9% in the past year compared with the industry’s growth of 5.9%.
The stock currently carries a Zacks Rank #3 (Hold).
A couple of better-ranked stocks in the broader industry are Nokia Corp. (NOK - Free Report) and Ooma, Inc. (OOMA - Free Report) , both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Nokia delivered a trailing four-quarter earnings surprise of 215.2%, on average.
Ooma delivered a trailing four-quarter earnings surprise of 65.5%, on average.
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The only question is “Will you get into the right stocks early when their growth potential is greatest?”
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Verizon Communications Inc.’s (VZ - Free Report) subsidiary, Verizon Business, has partnered with Mastercard (MA - Free Report) to develop solutions that will transform the global payments industry.
5G is going to reshape the way we interact with each other — be it contactless shopping or cloud-based point of sale solutions.
To turn ideas into reality, Verizon and Mastercard have joined forces to develop an innovative solutions platform that will create new experiences for businesses and consumers.
The market leaders are working to unlock the power of IoT sensor connectivity with near real-time edge computing capabilities to drive the fintech, payments and banking industries forward.
The solutions will enable smartphones or other connected devices to seamlessly accept payment and unlock touchless retail shopping experiences. It will also create new ways to consume physical and digital goods and deliver digital capabilities for small and medium businesses.
Verizon will leverage Mastercard’s ‘Bill Pay Exchange’ real-time messaging network to enable enhanced communication between consumers and billers.
Verizon’s 5G technology, when combined with Mastercard’s expertise, is likely to create new uses cases and game-changing solutions in the evolution of commerce.
The telecom giant has built its 5G Ultra Wideband network to enable innovations that will support the changing behavior of customers. The 5G Ultra Wideband network supports a wide range of business and industrial applications.
Verizon’s disciplined network strategy for long-term sustainable growth is noteworthy. It expects to provide 5G Ultra Wideband service using C-band to 100 million people by the end of first-quarter 2022.
Verizon’s shares have inched up 1.9% in the past year compared with the industry’s growth of 5.9%.
The stock currently carries a Zacks Rank #3 (Hold).
A couple of better-ranked stocks in the broader industry are Nokia Corp. (NOK - Free Report) and Ooma, Inc. (OOMA - Free Report) , both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Nokia delivered a trailing four-quarter earnings surprise of 215.2%, on average.
Ooma delivered a trailing four-quarter earnings surprise of 65.5%, on average.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
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