Verizon Wins $145.7M Digital Modernization Contract With USPS
Portfolio Pulse from Benzinga Newsdesk
Verizon has won a $145.7 million digital modernization contract with USPS, which includes infrastructure upgrades, transitioning to cloud solutions, and reducing operational costs.
May 31, 2023 | 1:01 pm
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POSITIVE IMPACT
Verizon's $145.7 million contract with USPS for digital modernization will boost its revenues and strengthen its position in the technology solutions market.
The contract will directly contribute to Verizon's revenues and showcase its capabilities in providing technology solutions. This will likely have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100