Verizon to Spend $100 Million on Sustainable Fuel
Verizon Communications, parent company of Verizon Wireless, today announced plans to invest $100 million in solar power and fuel cells. The alternate energy sources will be used at 19 different Verizon facilities in Arizona, California, Maryland, Massachusetts, New Jersey, New York. and North Carolina. The reason behind Verizon's decision is two-fold: First, it wants to reduce its carbon foorprint; and second, it wants to have back-up power supplies on hand to prevent network outages during events such as hurricanes. The fuel cells will rely on natural gas, which pollutes less when compared to the diesel generators used at a number of Verizon's facilities. Verizon expects the energy project to completed next year.
Verizon to Shutter Some Offices, Eliminate Jobs
Verizon has informed employees that it plans to reduce the number of regional offices around the country and correspondingly reduce headcount. The company has 20 regional locations, which it plans to pare down to just six.
Verizon Adding Carrier Aggregation to 20x20MHz Channels
Verizon Wireless is upgrading its LTE network with several different technologies meant to boost capacity and speeds. Mike Haberman, Verizon's VP of network support, said the company is deploying carrier aggregation in its 20x20MHz channels.
Verizon to Sell Landline Biz to Frontier for $10 Billion
Verizon Communications today confirmed plans to sell part of its wireline telephone and internet business to Frontier Communications for $10 billion. The deal covers Verizon's consumer and business assets in California, Florida, and Texas.
Verizon Settles with FCC Over 911 Outage
The FCC today said Verizon has settled with the agency over an outage that affected 911 operations last year. In April 2014, 750,000 Verizon Wireless customers in nine California counties were unable to reach 911 for a period lasting 6 hours.
Kudos to Verizon