Verizon Frontline Crisis Response Team provided critical support to first responders during disasters, deploying 900 times across the U.S. in 2024.
Quiver AI Summary
In 2024, the Verizon Frontline Crisis Response Team deployed nearly 900 times to support public safety agencies responding to severe weather events such as tornadoes, hurricanes, and wildfires across nearly every U.S. state and Washington D.C. The team, primarily composed of former public safety and military personnel, provided critical communication solutions at no cost to agencies, responding to over 1,500 requests for help. Their efforts included delivering more than 10,000 devices, like mobile hotspots and drones, with significant contributions to wildfire and hurricane responses. The team also supported emergency operations during significant public events and announced a partnership with NOAA to enhance rapid imaging capabilities during severe storms. Overall, Verizon Frontline emphasizes its commitment to empowering first responders through advanced technology and communication solutions.
Potential Positives
- Verizon Frontline Crisis Response Team deployed nearly 900 times in 2024, demonstrating its commitment to supporting first responders nationwide during critical emergencies.
- The team responded to over 1,500 requests and provided more than 10,000 Verizon Frontline devices, enhancing communication capabilities for public safety agencies during severe weather events and disasters.
- A partnership with NOAA was announced to explore advanced uncrewed aircraft systems for collecting and distributing storm damage imagery, indicating innovation in response strategies.
- Verizon's ongoing efforts and significant resources directed towards disaster response strengthen its reputation as a crucial partner in public safety and emergency management.
Potential Negatives
- The press release heavily emphasizes the significant deployment of the Verizon Frontline Crisis Response Team, which could imply a recurring need for urgent crisis management support, suggesting potential vulnerabilities in the company's regular network stability or efficiency.
- Despite the positive framing of the team's actions, the need to provide extensive support during multiple significant disasters could be perceived as a sign of increased environmental challenges, which may reflect poorly on the company's preparedness for crisis situations.
- There is no mention of financial investments or metrics related to the efforts made by the Crisis Response Team, raising questions about the impact of these services on the company's overall business model and profitability.
FAQ
What is the Verizon Frontline Crisis Response Team?
The team provides mission-critical communication support to first responders during emergencies at no cost to public safety agencies.
How many times did the team deploy in 2024?
The Verizon Frontline Crisis Response Team deployed nearly 900 times across various emergencies in 2024.
What types of disasters did the team respond to in 2024?
The team responded to tornadoes, hurricanes, wildfires, and other severe weather events throughout the year.
How many solutions did the team provide to public safety agencies?
In 2024, the team provided over 10,000 Verizon Frontline devices and solutions to public safety agencies.
What partnership did Verizon Frontline announce in 2024?
Verizon Frontline announced a partnership with NOAA to explore rapid deployment of uncrewed aircraft for damage assessment during storms.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VZ Congressional Stock Trading
Members of Congress have traded $VZ stock 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $VZ stock by members of Congress over the last 6 months:
- SENATOR SHELDON WHITEHOUSE has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 10/29.
- REPRESENTATIVE JOSH GOTTHEIMER has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 06/25, 06/21.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$VZ Hedge Fund Activity
We have seen 1,387 institutional investors add shares of $VZ stock to their portfolio, and 1,451 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GQG PARTNERS LLC added 24,735,386 shares (+inf%) to their portfolio in Q3 2024
- ARISTOTLE CAPITAL MANAGEMENT, LLC added 22,788,342 shares (+inf%) to their portfolio in Q3 2024
- UBS ASSET MANAGEMENT AMERICAS LLC added 7,296,719 shares (+27.0%) to their portfolio in Q2 2024
- BLACKROCK, INC. removed 6,958,835 shares (-2.0%) from their portfolio in Q3 2024
- AMUNDI removed 6,376,325 shares (-25.1%) from their portfolio in Q3 2024
- MACQUARIE GROUP LTD removed 6,161,800 shares (-67.4%) from their portfolio in Q3 2024
- VOYA INVESTMENT MANAGEMENT LLC removed 6,103,501 shares (-49.8%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
What you need to know:
The Verizon Frontline Crisis Response Team deployed nearly 900 times in 2024, supporting first responders in nearly every state and Washington D.C.
The team responded to requests for support from public safety agencies during responses to tornadoes, hurricanes, and wildfires.
BASKING RIDGE, N.J., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Throughout 2024, public safety agencies across the nation responded to everything from severe weather events like tornadoes and hurricanes to devastating wildfires and more, all under some of the most austere conditions imaginable.
During this challenging year, the
Verizon Frontline Crisis Response Team
helped provide mission-critical communications support to the first responders on the front lines of these disaster response operations.
Composed primarily of former public safety and military personnel, the Verizon Frontline Crisis Response Team is dedicated to supporting first responders and government agencies during emergencies at no cost to the supported agencies.
In 2024, the team:
Responded to more than
1,500
requests for support.
Helped enable mission-critical communications capabilities for more than
800
different federal, state and local public safety agencies in nearly every state and Washington, D.C. during emergency response operations.
Provided public safety agencies with more than
10,000
Verizon Frontline devices and solutions.
These solutions included everything from repeaters, mobile hotspots, routers, smart devices and drones to dozens of deployable satellite solutions such as Satellite Picocells on Trailers (SPOTs).
Major response efforts this year included:
Wildfire Response
:
To help enable mission-critical voice and data service during fire mitigation efforts in locations across the country, the Verizon Frontline Crisis Response Team delivered close to 2,000 Verizon Frontline solutions to public safety agencies conducting wildfire response operations in 2024.
The Verizon Frontline Crisis Response Team responded to close to 250 requests for support from wildland firefighters battling blazes everywhere from
New Mexico
to
Oregon and Washington
.
Hurricane Response:
The Verizon Frontline Crisis Response Team supported public safety agencies and the communities they serve during three major hurricanes in 2024:
Helene
,
Milton
and
Beryl
. Hurricane Helene alone saw more than 600 Verizon Frontline solutions delivered to over 115 public safety agencies in Florida, Georgia, South Carolina and North Carolina as they dealt with the aftermath of the storm.
Tornado response:
The Verizon Frontline Crisis Response Team responded to more than 30 requests for support from public safety agencies in 10 different states following tornadoes. The team delivered more than 300 Verizon Frontline solutions to first responders on the front lines of emergency response operations following these severe weather events.
Additional 2024 Responses:
Verizon Frontline solutions were also deployed in support of public safety agencies:
To
provide connectivity
to agencies impacted by ransomware attacks.
During dozens of training exercises involving
federal
,
state
and local agencies.
During major public events such as
sporting events
and airshows.
During both the
Republican
and
Democratic
National Conventions.
In addition to the Crisis Response Team support, Verizon Frontline also debuted two new
deployable assets
in 2024.
2024 also saw Verizon Frontline
announce a partnership
with the National Oceanic and Atmospheric Administration (NOAA), signing a three-year Cooperative Research and Development Agreement to explore new strategies to rapidly deploy uncrewed aircraft systems to collect and distribute imagery of damage resulting from severe storms such as tornadoes or hurricanes.
Verizon Frontline
is the advanced network and technology built for first responders – developed over three decades of partnership with public safety officials and agencies – to meet their unique and evolving needs.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit
verizon.com
or find a retail location at
verizon.com/stores.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at
verizon.com/news
. News releases are also available through an RSS feed. To subscribe, visit
www.verizon.com/about/rss-feeds/
.
Media contact:
Chandler Baker
chandler.baker@verizon.com
757 725 4806
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
