Verizon Business has announced the commercial launch of its Edge Transportation Exchange, a cutting-edge mobile-network vehicle-to-everything (V2X) communication platform designed for connected vehicles. This innovative platform has already attracted multiple customers, including the Arizona Commerce Authority, Delaware Department of Transportation, Rutgers University Center for Advanced Infrastructure and Transportation, and Volkswagen Group of America. The Edge Transportation Exchange aims to enhance road safety and streamline processes such as frictionless payments by leveraging connected-vehicle technology and reducing the need for costly physical roadside units. This initiative is part of Verizon's ongoing commitment to innovation and serving the needs of modern transportation systems.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.