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BullDigest's May 13 Post-Market Summary of Verizon Communications Inc.

  • 13.05.2025 22:31
  • bulldigest.com
  • Keywords: Post-Market, Summary, Verizon Communications Inc.

Check out BullDigest's May 13 Post-Market Summary of Verizon Communications Inc.. We provide a summary of the key news from market opening hours.

Post-Market SummaryVZsentiment_satisfied

Estimated market influence

Verizon

Verizon

Positivesentiment_satisfied
Analyst rating: Buy

Verizon is investing $5 billion over five years in US small business suppliers through its new Small Business Supplier Accelerator, aiming to strengthen domestic supply chains and facilitate partnerships with Verizon and other large corporations. This program builds on Verizon’s existing small business support and provides benefits, such as faster payment terms, modified insurance requirements and adjusted indemnification requirements.

Context

Verizon's Small Business Supplier Accelerator Program

  • Investment: Verizon commits $5 billion over five years to support US small business suppliers through its Small Business Supplier Accelerator.
  • Program Objectives:
    • Strengthen domestic supply chains.
    • Facilitate partnerships with Verizon and other large corporations.
  • Benefits for Small Businesses:
    • Faster payment terms.
    • Modified insurance requirements.
    • Adjusted indemnification requirements.
  • Grant Initiative:
    • New grant cycle under the Small Business Digital Ready program.
    • Eligible small businesses can apply for $10,000 grants until June 30, 2025.
  • Historical Context:
    • Verizon has supported US small businesses since 2021.
    • Generated $134.8 billion in revenues in 2024.
  • Market Impact:
    • Enhances supplier diversity and strengthens partnerships with domestic suppliers.
    • Sets a precedent for other large corporations to invest in small business ecosystems.
    • Aims to drive economic growth and innovation through technology adoption by small businesses.