Verizon Commits $6 Million To Support Veteran Debt Relief with Team Penske, Indianapolis Colts

From IMS and IndyCar:

  Driving Innovation, Tackling Veteran Debt Relief Across Indiana

INDIANAPOLIS (Wednesday, April 23, 2025) – Today at Indianapolis Motor Speedway, Verizon, Team Penske and the Indianapolis Colts announced a $6 million commitment to tackle veteran debt in Indiana over the next two years.This initiative includes a $4 million collaboration with Team Penske during the Month of May.
One million dollars in veteran debt relief has been committed for 2025, with an additional $1 million contingent on Will Power, driver of the No. 12 Verizon Team Penske Chevrolet, finishing in the top 10 at the 109th Running of the Indianapolis 500.
An additional $2 million in debt relief will be provided in collaboration with the Indianapolis Colts over the next two seasons.
“This partnership between Verizon, Team Penske and the Indianapolis Colts represents a unique opportunity to address veteran debt relief while showcasing innovation and excellence,” said Andy Brady, president of Verizon’s Great Lakes Market.
“Together, we aim to make a lasting impact on the lives of the veterans across Indiana, both on the racetrack and in the community.”
Significant Technology Investment Powers the Racing Experience
As part of this commitment, Verizon has made a significant technological infrastructure at Indianapolis Motor Speedway. This investment includes:
Comprehensive upgrade to the Distributed Antenna System (DAS).
Modernization of all wireless capabilities with new 4G equipment and addition of 5G coverage across 71 zones throughout the facility.
Enhanced high-capacity antennas to support the massive data demands during race events.
Improved connectivity at main gate areas to streamline ticketing and enhance the fan entry experience.
These technological advancements ensure that fans, teams and media can stay connected throughout the race events while enabling innovative new racing applications and improved spectator experiences.
“Verizon has always been a leader in innovation and a company that makes a difference in people’s lives,” said Roger Penske, founder and chairman of Team Penske.
“Verizon’s commitment to helping veterans through this debt relief initiative is a testament to their values and dedication to creating positive change. At Team Penske, we are proud to stand with Verizon in supporting those who have served our country and creating meaningful change for our veterans.”
The 109th Indianapolis 500 presented by Gainbridge is scheduled for Sunday, May 25 at IMS. Fans can tune into the FOX network broadcast beginning at 10 a.m. ET as 2018 winner
Power attempts to win his second Indy 500 and secure another $1 million in debt relief for Central Indiana veterans.
“Verizon’s dedication to innovation and reliability is second to none, and the Indianapolis Colts are honored to partner with a brand that truly takes care of its community,” said Carlie Irsay-Gordon, vice chair/owner of the Indianapolis Colts.
“This collaboration represents the best of what teamwork and shared values can achieve, supporting those who have served our nation while making a lasting impact across Indiana.”
Veteran Debt Relief
As part of its ongoing commitment to supporting veterans, Verizon continues its initiative to relieve debt across the Great Lakes region through its partnership with ForgiveCo. Building on previous successes, Verizon is now focusing on Indianapolis, aiming to alleviate up to $6 million in veteran debt. This effort is part of a broader $22 million debt relief program across the Great Lakes over the next two years.
In 2024, Verizon successfully relieved more than $4 million in debt for over 4,800 veterans.
“At Verizon, we believe in honoring our veterans not just with words, but with action,” Brady said. “Relieving up to $6 million in veteran debt in Indianapolis is a testament to our dedication to providing meaningful support to those who have given so much for our country.”
Those receiving this debt relief will be contacted by ForgiveCo., a company that identifies and handles the clearing of debt for veterans in need. There is no enrollment process for eligibility.Verizon currently employs more than 8,000 veterans nationwide and is nationally recognized as a Military Friendly company for seven years in a row.Verizon also provides special offers and discounts to veterans and military members across the nation, allowing them to save on mobile or home internet plans.
To check for discount eligibility and to get started, visit verizon.com/military or visit a local participating Verizon store for details. 

Verizon Revs Up Fan Experience at Indy 500with Network Upgrades, 5G Multi-View 

From IMS and Verizon:

 INDIANAPOLIS (Friday, May 19, 2023) – With more than 300,000 fans expected to attend the 107th Indianapolis 500 presented by Gainbridge on May 28, Verizon has upgraded the network at Indianapolis Motor Speedway (IMS) so attendees can stream and share their experiences quickly and reliably.Verizon also is bringing fans closer to the action with 5G Multi-View, which allows fans at the event to customize their viewing experience in real time. Fans can toggle between seven different camera angles of live action from the track on their phones, including the live TV broadcast.
“Innovation has been at the forefront of IMS’ mission since its inception in 1909,” IMS President J. Douglas Boles said. “Verizon 5G Multi-View transforms the way fans watch the Indy 500. Once they’re connected, they’ll never miss a moment of “The Greatest Spectacle in Racing.”
“Verizon’s 5G Ultra Wideband network, we’re giving fans the best seat in the house regardless of where they are in the venue,” said Joe Russo, EVP and president of Global Networks and Technology at Verizon. “We’ve also upgraded our network at the venue so fans can always capture and share their experiences quickly and reliably.”
Multi-View is available in the official INDYCAR App powered by NTT DATA. Fans with a 5G device can switch between the action in the pit to see who’s in the lead coming out of Turn 1. Additional cameras will provide in-car and Turn 3 views, among others.
Verizon Upgrades Network for Race FansLast year, Verizon customers attending the event used 17 TB of data, and Verizon engineers are expecting even greater usage this year. To prepare the area, engineers have deployed additional 4G and 5G service inside the track, throughout the grandstands, Turns 3 and 4, as well as at Gates 9, 10 and 11.
Engineers have used a variety of spectrum to provide these upgraded services. For 5G services, Verizon is using a combination of C-band, its mid-band spectrum designed for excellent coverage and mmWave, its premium, high-band spectrum which allows for massive capacity. Verizon recently announced upgrades to the entire Indianapolis area, where 99% of customers now have access to 5G Ultra Wideband service.
Verizon’s super-fast 5G Ultra Wideband provides a broadband-like connection in more than 91 stadiums and arenas, and is available to more than 200 million people across the U.S.Earlier this year, the popular INDYCAR App powered by NTT DATA was reimagined and redesigned. The app enhances the Race Day experience for fans by providing live timing and scoring in near-real time, exclusive livestream videos, and customizable driver and team information, among many other features. It is available internationally for all Android and iOS devices.
Download the INDYCAR app today at the Apple Store or Google Play.The 107th Indianapolis 500 presented by Gainbridge is scheduled for Sunday, May 28. Visit IMS.com for tickets and more information on all Month of May events and activities at IMS.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $136.8 billion in 2022. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.