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Stock impact report

App provider Remind threatens to eliminate a free texting service for K-12 education organizations (which will cost it nothing)

Verizon Communications Inc. (VZ) 
Last verizon communications inc. earnings: 4/24 07:30 am Check Earnings Report
US:NYSE Investor Relations: verizon.com/about/investors
Company Research Source: GlobeNewswire
NEW YORK, Jan. 17, 2019 (GLOBE NEWSWIRE) -- As discussed this week with Remind, Verizon will not charge Remind fees as long as they don’t begin charging K-12 schools, educators, parents and students using its free text message service.  Despite this offer, made Tuesday, Remind has not changed its position that it will stop sending free texts to Verizon customers who use the service regarding school closures, classroom activities and other critical information.  Verizon already committed to providing this service for K-12 education groups free to Remind, and also to its text messaging service provider, Twilio, contrary to Remind’s claim that Verizon would somehow charge Remind “millions of dollars” for Remind to serve customers. “We are proud of Verizon's industry-leading support for K-12 educational organizations, teachers, parents and students,” said Aparna Khurjekar, who leads customer experience for Verizon. “We are dedicated to ensuring that our network is available and access Show less Read more
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