Telecommunications major Verizon Communications Inc. (VZ) recently announced that its subsidiary, Verizon Business, has entered into a strategic partnership with augmented reality and AI-based platform CareAR to offer enhanced service and experience to its customers. Following the news, shares of the company appreciated marginally to close at $54.60 in extended trade on Monday. Through this partnership, Verizon will offer its expertise in network technology to CareAR, enabling it to offer instant support and troubleshooting solutions across its portfolio of products and services to its users.
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Verizon Communications (NYSE:VZ)
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Verizon Communications (NYSE:VZ)
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