Verizon Secures 5-Year Agreement With USDA To Enhance Connectivity and Support Rural Development

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Zinger Key Points
  • Verizon secures $21M USDA contract to enhance connectivity, supporting 60,000 service lines across U.S. agriculture and rural development.
  • The agreement enables Verizon to provide wireless services, mobile broadband, and support for USDA's mission in food security response.
  • Get New Picks of the Market's Top Stocks

Verizon Communications Inc. VZ has secured a new agreement with the U.S. Department of Agriculture (USDA), valued at over $21 million for the first year.

This contract will enhance the USDA’s connectivity across the country, supporting more than 60,000 lines of service.

Verizon will provide wireless services and service-enabled devices, with the potential for mobile broadband to be implemented on connected laptops across USDA’s field offices.

The partnership will play a pivotal role in the USDA’s mission, which focuses on modernizing agriculture and supporting rural development. By integrating advanced connectivity solutions, the USDA can improve its data management, streamline operations, and make informed decisions that impact agricultural productivity, food security, and rural communities.

The contract will also aid in disaster response and resource management, ensuring the USDA remains equipped with cutting-edge technology.

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Michael Adams, Verizon’s Vice President for Federal Civilian Services, expressed pride in the partnership, emphasizing Verizon’s commitment to delivering innovative connectivity solutions.

“This contract not only reflects the USDA’s trust in Verizon’s capabilities but also highlights our shared commitment to leveraging technology in ways that directly support the agency’s critical mission,” Adams added.

Verizon Business, a provider of communications services to the U.S. federal government, continues to strengthen its role in supporting government agencies with advanced technology services.

This agreement underscores Verizon’s dedication to enabling the USDA to meet its critical mission while enhancing service delivery across the nation.

Price Action: VZ shares are trading higher by 0.47% to $42.42 at last check Thursday.

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