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Verizon Pledges more than $50,000 and Immediate Communications Support for those affected by Typhoon Halong in Alaska

1. Verizon donates $25,000 to the American Red Cross for Typhoon Halong aid. 2. An additional $9,000 is pledged to the Food Bank of Alaska. 3. Verizon provides free mobile charging stations and phones for evacuees. 4. This response enhances Verizon's community support image and customer loyalty. 5. Commitment highlights Verizon's role as a key communications provider in emergencies.

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Why Bullish?

Verizon's charitable actions enhance public perception, potentially leading to increased customer loyalty and sales. Historical data shows that companies engaged in community support see improved stock performance post-crisis.

How important is it?

The article highlights Verizon's proactive community engagement which enhances brand reputation and increases customer retention, critical for future revenue growth.

Why Short Term?

Immediate relief efforts can create positive media visibility that boosts stock prices quickly, as seen with other companies during similar events.

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TTMUSSQCOM
These relief efforts will connect families displaced by the devastating storm October 30, 2025 11:00 ET  | Source: Verizon Communications, Inc. ANCHORAGE, Alaska, Oct. 30, 2025 (GLOBE NEWSWIRE) -- In an immediate response to the widespread damage caused by Typhoon Halong across Western Alaska, Verizon announced a $25,000 donation to the American Red Cross, intended to support critical operations and aid residents facing displacement. Additionally, Verizon is contributing $9,000 to the Food Bank of Alaska, in anticipation of increased community need for the upcoming winter. Beyond this financial contribution, Verizon is committing significant in-kind resources to meet the immediate communications needs of evacuees with a market value of over $20,000. This support includes the installation of free mobile device charger stations to residents currently staying at the shelters. And sensitive to the fact that many might have left their devices behind during the evacuation, Verizon is lending phones at the shelters, ensuring that those impacted can reconnect with family members and loved ones, all free of charge. "On behalf of everyone at the American Red Cross, I would like to thank Verizon for your extraordinary generosity and swift action in helping Alaskans in need," said American Red Cross of Alaska CEO Tanguy Libbrecht. "Your commitment to supporting this disaster relief effort with a financial gift of $25,000 is going to make such an incredible impact on those affected by this extraordinary disaster." About Verizon: Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores. VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. Media contacts: Alexis Madrigal alexis.madrigal@verizon.com Guadalupe Vicon guadalupe.vicon@verizon.com

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