On Wednesday, Shares of Verizon Communications Inc. (NYSE:VZ), gained 0.22% to $49.73.
Verizon Wireless, a technology leader with the nation’s largest and most reliable 4G LTE network, declared new network upgrades at the Indianapolis Motor Speedway (IMS) counting nearly a dozen small cells around the exterior of the track to handle growing data traffic. With upwards to 400,000 fans predictable to attend a series of events sharing photos and videos on social media, Verizon engineers have been working for more than a year on an unprecedented approach.
As the world’s largest sporting venue, IMS serves as the largest network footprint in the country for a single event. Verizon engineers created a custom wireless network facility built at the track to handle the voice and data capacity. The standalone, on-site facility utilizes advanced technology that provides three times the total capacity of the network design for the 2012 Super Bowl at Lucas Oil Stadium.
For the 2015 racing season, Verizon network engineers have improved the following areas:
- Introduced small cell technology to enhance the network for large crowds and data traffic by adding nearly a dozen small cells around the exterior of the track;
- Built a custom wireless network facility at the track to handle voice and data capacity and house infrastructure directly at the speedway, counting:
- Three custom designed COPs (cell-on-platform), with a new innovative approach that comprises the capacity equivalent to 7 COWs (cell-on-wheels);
- Generator redundancies
- 30 days of battery backup on-site
- Redundant cooling systems
- Redundant fiber for backup
- 24/7 monitoring on site while events are under way
- Will have an on-site network monitoring center and an off-site command center the day of the Indianapolis 500;
- A team of Verizon engineers will be walking the track with modified packs to test wireless capability during the race.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
Shares of Lowe’s Companies Inc. (NYSE:LOW), declined -0.76% to $73.11, during its last trading session.
In conjunction with Lowe’s Companies, first quarter 2015 earnings press release, interested parties are invited to listen to its conference call to be broadcast live over the internet on Wednesday, May 20, 2015 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Michael A. Jones, chief customer officer; and Robert F. Hull, Jr., chief financial officer.
Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.
At the end of Wednesday’s trade, Shares of Penn West Petroleum Ltd. (NYSE:PWE), lost -0.45% to $2.22.
Penn West Petroleum, declared that at its annual and special meeting of shareholders held on May 13, 2015 , Penn West’s shareholders approved all resolutions outlined in the Notice of 2015 Annual and Special Meeting and Administration Proxy Circular dated April 1, 2015 which is accessible on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on Penn West’s website at www.pennwest.com.
Penn West Petroleum Ltd. explores for, develops, and produces oil and natural gas properties in western Canada. The company’s properties are located in Alberta, British Columbia, Saskatchewan, Manitoba, and the Northwest Territories, Canada; and Wyoming, the United States.
Finally, Civeo Corporation (NYSE:CVEO), ended its last trade with no change to $4.52.
Civeo Corporation, declared that it has won a C$22 million contract to support a pipeline construction customer in the in-situ region of the Athabasca oil sands play in Alberta, Canada. The contract term extends through the first quarter of 2016.
As a result of this new contract and other activity in the area, Civeo will redevelop its Mariana Lake location into a 526-room open lodge with private washrooms, arctic corridors, recreational facilities and other amenities.
Civeo Corporation provides remote site accommodations for the natural resource industry in Australia, Canada, and the United States. It also offers facility administration services, counting food services; customized facility administration information systems that provide clients with the tools and information necessary to manage the allocation of contracted rooms and service days; and support services, such as housekeeping and janitorial services, facility maintenance, laundry, communications, supply chain and logistics administration, power generation, and transportation and personnel logistics.
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