TMCnet News
Verizon extends IoT leadership position, launching its Narrowband IoT Network nationwide, offering more choices, multiple use cases for IoT customersEditor’s Note: Verizon will have various presentations around IoT enablement at the IoT World Conference at the Santa Clara Convention Center in Santa Clara, CA today including a live demo of our NB-IoT GB Network at booth # 510. NEW YORK, May 14, 2019 (GLOBE NEWSWIRE) -- Verizon’s Narrowband IoT (NB-IoT) Network is now available coast-to-coast covering more than 92% of the US population. The launch of this additional IoT connectivity option in combination with the company’s ThingSpace management platform, APIs, tools and rich ecosystem of partners will provide enterprise customers the ability to bring unique NB-IoT solutions to market quickly. “There is a whole universe of smart solutions needing scalable and affordable connections. By launching our NB-IoT Network, Verizon is taking yet another step in making that connectivity available and driving innovation in the IoT field,” said Jeffrey Dietel, Senior Vice President of Business Marketing and Products. NB-IoT adds a low cost option for low power, low throughput solutions
Verizon continues to expand its already robust ecosystem of partners to help develop, bring to market, connect and manage IoT solutions. Verizon has partnered with leading chipset and module manufacturers so that IoT makers can immediately start working towards building their devices for the Verizon NB-IoT network. Three module manufacturers in final stages of testing - Telit, SIM-COM and Quectel - have modules on Verizon’s Network which are ready to be used in development efforts. Additionally, customers will be able to manage their connections securely using the integrated ThingSpace platform that supports connectivity management, location and device security. Verizon has announced an initial NB-IoT Standard Price Plan, offering 50 KB of data with a $1.00 monthly access fee per device. The data allowance can be shared with other NB-IoT devices on the same price plan and on the same account. NB-IoT adds another connection option for businesses “We have engineered our NB-IoT network in the Guard Band of our spectrum. By using the more complex Guard Band solution for our Narrow Band IoT Network, we are demonstrating very efficient use of spectrum assets while giving customers the breadth of options they need to best meet their needs. This strategic use of spectrum is one of the many variables that has resulted in Verizon’s continued performance superiority and strong capital management over the years,” said Bill Stone, Vice President of Technology Development and Planning at Verizon. Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, generated revenues of $130.9 billion in 2018. The company operates America’s most reliable wireless network and the nation’s premier all-fiber network, and delivers integrated solutions to businesses worldwide. With brands like Yahoo, TechCrunch and HuffPost, the company’s media group helps consumers stay informed and entertained, communicate and transact, while creating new ways for advertisers and partners to connect. Verizon’s corporate responsibility prioritizes the environmental, social and governance issues most relevant to its business and impact to society. Media contact: |