Image: Bigstock Verizon Communications Inc. ( VZ – Free Report ) is scheduled to report fourth-quarter 2022 results before the opening bell on Jan 24 . In the fourth quarter, the Business segment is likely to have recorded year-over-year lower revenues owing to a challenging macroeconomic environment and rising inflationary pressures. Factors at Play The Business segment includes the wireless and wireline operations of Wholesale, Public Sector and Other, Small and Medium Business, and Global Enterprise. During the quarter, Verizon collaborated with Higi to provide digital health solutions and services to support preventative health, drive literacy and identify high-risk consumers eligible to be managed via home-based monitoring. It also partnered with Openloop to accelerate anytime, anywhere virtual care delivery. According to the terms of the collaboration, the firms will work in unison to provide rural communities and seniors with limited access to transportation with greater access to care powered by the Verizon 4G LTE and 5G Ultra Wideband networks. These initiatives are likely to have translated into incremental revenues in the quarter. In the fourth quarter, Verizon inked an agreement with Wipro Limited to develop global Network-as-a-Service (NaaS) for network modernization and cloud transformation for businesses with a range […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
