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0.00044290902648606 0.000974399858269107 -0.000797236247674632 0.000136415980157672 0.00106298166356634 0.00044290902648606 -0.00310036318540167 -0.00141730888475504
Stock impact report

Verizon takes major step towards commercialization of Multi-Access Edge Compute (MEC) and Network Slicing with successful virtualization of baseband unit operations

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
CARPINTERIA, Calif., May 08, 2019 (GLOBE NEWSWIRE) -- Verizon has reached another major milestone on the path to deploying revolutionary new wireless technologies such as Multi-access Edge Compute (MEC) and network slicing which, in combination with 5G technology over mmWave spectrum, will lay the foundation for previously unimagined latency-dependent wireless solutions. In a trial environment in California, the wireless provider achieved full virtualization of baseband functions – the heaviest portion of computing on the Radio Access Network (RAN). This virtualization will enable the network to be hardware agnostic, using Common Off-The-Shelf (COTS) hardware, leading to greater flexibility and speed to deployment of products and services.  This virtualization will also lower the barrier of entry for others in the ecosystem resulting in an acceleration of innovation, reduce operating costs, and lay the groundwork for flexible infrastructure closer to the customer on the network lea Show less Read more
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