Verizon introduced a new tool for parents to help their kids as they take charge of their financial future. Starting today, Verizon and non-Verizon customers can try Verizon Family Money for 30 days on us1— a new, easy-to-use app and prepaid debit card that allows kids to save, spend, earn, and become money-savvy. Parents can step back and watch their kids become financially responsible as they help manage from the sidelines. Verizon partnered with Galileo, the API standard for card issuing and digital banking, to create the fintech platform Family Money is built on. The Family Money Prepaid Visa Card is issued by Metropolitan Commercial Bank.
Telecom Operators
TELUS Continues Global Sustainability Leadership
TELUS has set new science-based greenhouse gas (GHG emissions) reduction targets to further demonstrate its global sustainability leadership and support the world’s fight against climate change.
DHS Selects AT&T to Modernize Telecom Infrastructure
The US Department of Homeland Security (DHS) has awarded AT&T four task orders valued at $306 million over a span of 12 years. This will pave the way in modernizing and transforming the telecom infrastructure of the public-security-focused division.
More Legal Problems for Frontier Communications
The Federal Trade Commission, along with law enforcement agencies from six states, sued Internet service provider Frontier Communications, alleging that the company did not provide many consumers with Internet service at the speeds it promised them, and charged many of them for more expensive and higher-speed service than Frontier actually provided.
T‑Mobile Raises 2021 Guidance
T-Mobile reported first quarter 2021 results highlighted by total net additions, postpaid net additions, and postpaid phone net additions. The company also reported strong financial results and raised 2021 guidance as its synergy-backed model simultaneously delivers customer growth and profitability.
AT&T Completes Public Wi-Fi Trial in Downtown Austin
AT&T has successfully completed a proof-of-concept (PoC) trial of its Wi-Fi network through the Wireless Broadband Alliance (WBA) OpenRoaming™ service. Covering areas of downtown Austin, the network showcases secure, automatic, and friction-free access to any device using the public Wi-Fi network.
Verizon Business Takes Internet of Things Connectivity Global
Enterprises can now benefit from Global Internet of Things (IoT) connectivity from Verizon for mobile assets in 170 countries worldwide with permanent roaming options in North America and Western Europe all on a single SIM.
AT&T’s Warner Media and Discovery Form New Streaming Giant
AT&T Inc. and Discovery, Inc. have joined forces in creating a standalone global entertainment company. This combines Warner Media’s premium entertainment, sports, and news assets with Discovery's non-fiction and international entertainment.
Verizon to Offload Yahoo, AOL for $5 billion
Verizon 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.
Verizon to Launch 5G Internet for Businesses in 21 U.S. Cities
Verizon Communications Inc will launch 5G internet for businesses in 21 U.S. cities this month, expanding its presence from Chicago, Houston and Los Angeles.