Verizon Business inks 5G connected-vehicle deal with teledriving car-share company Vay
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Contributor since / Followers
Contributor since / Followers
2 months ago
- Verizon Business and Vay Technology Tuesday reported an agreement bringing Verizon (NYSE:VZ) 5G connectivity to Vay’s fleet of teleoperated electric vehicles.
- The deal also includes custom data plans to help manage massive amounts of data generated by Vay vehicles’ sensors and cameras.
- “Verizon’s technology has been critical for Vay’s entry into the U.S. market from Europe, and we look forward to continuing our relationship with them as we expand our commercial and B2B businesses,” said Thomas von der Ohe, Vay co-founder and CEO.
- VZ -0.23% premarket to $44.16.
- Source: Press Release