Type to search

Search News is My Business

In-Brief

Verizon Foundation commits $1M to PR relief efforts

Verizon Foundation is pledging $1 million in relief to Puerto Rico after the island got pummeled by Hurricane Maria.

Verizon announced Monday support for the residents of Puerto Rico through a $1 million pledge to fund Hurricane María relief efforts. The carrier has partnered with the American Red Cross and World Vision.

“The people of Puerto Rico need our help,” said Verizon Chairman Lowell McAdam. “Verizon is committed to supporting communities struggling in the aftermath of Hurricane María, as we’ve done with Harvey and Irma.”

“We will be working with local network operators, our nonprofit partners and, of course, our employees to assist the Puerto Rican people in rebuilding their lives and I encourage anyone with the means and opportunity to do so to come to their aid,” he said.

Verizon had presence in Puerto Rico until 2007, when it sold its ownership in the Puerto Rico Telephone Company — which does business as Claro — to América Móvil for $1.8 billion.

In an effort to provide further financial support to residents of Puerto Rico, Verizon will match employees’ contributions, dollar-for-dollar, to select hurricane relief-focused organizations.

Author Details
Author Details
This story was written by our staff based on a press release.
Tags:

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads to provide free content and sustain our operations. By turning off your ad blocker, you help support us and ensure we can continue offering valuable content without any cost to you.

We truly appreciate your understanding and support. Thank you for considering disabling your ad blocker for this website