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Stock impact report

Verizon Opens Innovation Facility in Singapore

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: PR Web
SINGAPORE (PRWEB) June 12, 2018 Verizon recently announced the opening of the Verizon Innovation Community Managed by JustCo. The new space, an initiative with Singapore-based community management firm JustCo, is part of the Powered by Verizon Platform. This platform is based on a collaboration between Verizon and PLASTARC, a New York-based workplace strategy consultancy.Verizon is one of the largest real estate holders in the world with over 100 million square feet of space. As advances in technology have decreased the size of equipment, some of this space is no longer needed. In 2015, Verizon began partnering with U.S. coworking operators to convert underutilized spaces into innovation spaces for startups and select Verizon groups. Large, established companies like Verizon may have much to gain from experimenting with the flexible space and workplace practices more common to startups. When companies pool common resources like conference rooms, presentation space, and amenities, the Show less Read more
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