From: Ms. Baby Boomer | 2/13/2020 5:52:25 PM | | | | Verizon puts NASCAR on the fast track...
nascar.com
DAYTONA BEACH, Fla. (Feb. 13, 2020) – Ahead of the iconic DAYTONA 500, NASCAR and Verizon announced today a multi-year partnership to modernize 12 NASCAR-owned race tracks and bring race fans, drivers and teams improved connectivity to enhance the at-track experience. The partnership designates Verizon as the Official Wireless Telecommunications and 5G Mobility Partner of NASCAR, as well as the Official At-Track Wi-Fi Partner of 12 NASCAR-owned race tracks. As part of this agreement, Verizon will work with NASCAR to upgrade its in-venue wireless communications service, starting with delivering improved Wi-Fi service in 12 racetracks, over the next three years.
“There’s nothing like the thrill and excitement of attending a NASCAR race and now there are more ways than ever to capture and share that experience,” said Craig Neeb, executive vice president and chief innovation officer, NASCAR. “Partnering with Verizon will offer fans the benefits of reliable in-venue connectivity as we usher in a new era for our sport.”
“The thousands of fans attending NASCAR events across the country need reliable connectivity to share and send photos and videos of races in real-time, stay up-to-date on their favorite drivers, and connect with fellow fans inside and outside the track,” said George Fischer, Senior Vice President, 5G Ecosystems and Alliances for Verizon Business Group. “As the official wireless provider for NASCAR, we are looking forward to enhancing the fan experience today and working together to revolutionize the future of the racing experience for drivers and fans.”
The 2020 NASCAR Cup Series season kicks off with the 62nd annual DAYTONA 500 on Sunday, February 16 at 2:30 p.m. ET on FOX, MRN and SiriusXM...
So, still got the Corporate Box at Las Vegas????
Cassandra |
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To: Ms. Baby Boomer who wrote (1810) | 6/11/2020 2:00:39 PM | From: Eric L | | | The 5G Network AT&T, formerly VeriZon ???
Cassandra: You've lost me. Obviously you are referring to Ivan Seidenberg who put Verizon Wireless together and today Verizon has launched its 5G Home network in mmWave spectrum but I don't get the 'AT&T, formerly VeriZon' connection while AT&T is chasing the enterprise right now and both will be attempting to fend off the 'New T-Mobile.' Perhaps you could explain?
Cheers, - Eric L. - |
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To: Eric L who wrote (1811) | 6/11/2020 6:01:50 PM | From: Ms. Baby Boomer | | | >>AT&T, formerly Verizon, formerly GTE Byron Nelson Golf Tournament...
Sorry Moi confused U Eric, corporate golf tournament sponsorships...
LIVE PGA Golf Tournaments R back with COVID-19 restrictions which should be interesting to watch...
With the corporate merger of Bell Atlantic and GTE, Moi came from GTE, and Mr. Seidenberg from Bell Atlantic...
Ivan retired from Verizon Communications, which is the parent corporation...
The Verizon story is in the narrative of this subjectboard for reference....
Cassandra |
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From: Ms. Baby Boomer | 6/26/2020 12:18:58 PM | | | | Facebook ad boycott for July connects with another big name: wireless giant Verizon...
Verizon has joined the list of major companies pledging to halt advertising with Facebook for the month of July to protest hate speech on the social media platform.
The addition of Verizon, the telecommunications giant, bolsters the list of companies that also includes Eddie Bauer, the U.S. clothing store chain, and Ben & Jerry's, the ice cream maker, along with The North Face, Patagonia, REI, Mozilla and Upwork among about 100 companies said to be committed.
The boycott idea was launched June 17 by the #StopHateForProfit campaign, which includes the NAACP, Anti-Defamation League, Sleeping Giants, Color of Change, Free Press and Common Sense...
usatoday.com
Have a nice weekend....
Cassandra |
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From: Ms. Baby Boomer | 5/3/2021 11:33:28 AM | | | | Verizon to offload Yahoo, AOL for $5 billion...
Verizon Communications Inc (VZ.N) is getting rid of its media businesses that include iconic brands Yahoo and AOL for $5 billion, ending an expensive and unsuccessful run in the media and advertising world.
Despite spending more than a decade and billions of dollars building a stable of internet brands, the New York-based telecom company has struggled to make headway in a highly competitive internet advertising space dominated by Facebook Inc (FB.O) and Google.
Having written $4.6 billion off the value of the businesses in 2018, Verizon will get just $4.25 billion in cash from private equity firm Apollo Global (APO.N), along with preferred interests of $750 million and a 10% stake in the unit - about half of what it had paid for the businesses.
The move concludes a steady drip of deals which saw Verizon sell blogging platform Tumblr in 2019 for an undisclosed sum and news website HuffPost to BuzzFeed last year.
The unit, which was previously named Oath and recently renamed Verizon Media, will now be called Yahoo when the deal closes around the second half of 2021 and continue to be helmed by Guru Gowrappan.
For Apollo, the deal comes at a time when the big internet platforms have sewn up huge portions of the digital advertising market, drawing regulatory scrutiny over their practices.
Reuters reported that Verizon sought buyers for Yahoo Finance in 2019, and some industry estimates had valued that business alone at around $2 billion.
That compares to the roughly $4.48 billion Verizon spent on Yahoo in 2017, betting its 1 billion-plus users would be a fertile audience for online ads. It acquired email service AOL for $4.4 billion in 2015.
Verizon Media's portfolio also includes online brands such as TechCrunch, Makers, Ryot and Flurry, according to its website. It reported revenue of $1.9 billion in the first quarter of 2021....
reuters.com
M |
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