Verizon Inks Deal To Make USPS' Customer Service Network Smarter
Portfolio Pulse from Lekha Gupta
Verizon Communications has signed a 10-year deal worth up to $145.7 million with the United States Postal Service (USPS). The deal includes infrastructure upgrades and cost reduction measures, making Verizon the USPS' key strategic contact center and customer experience partner.
May 31, 2023 | 3:46 pm
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Verizon's 10-year deal with USPS worth up to $145.7 million will provide infrastructure upgrades and help reduce operational costs, strengthening their long-standing partnership.
The deal is significant for Verizon as it solidifies their position as USPS' key strategic contact center and customer experience partner. This long-term agreement will likely have a positive impact on Verizon's revenue and stock price in the short term.
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