Verizon Communications Inc - Company Profile
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Verizon Communications Inc (Verizon) provides communications, technology, information and entertainment products and services to businesses, consumers and government entities. The company offers wireless and wireline communications services and products, such as corporate networking solutions, data center and cloud services, security and managed network services, data, voice, local dial tone and broadband services, and local and long-distance voice services. It also offers network access to deliver IoT services and products. Verizon serves small and medium businesses, global enterprises, public sector, and wholesale customers. It has business presence across the Americas, the Middle East, Europe, Africa, and Asia-Pacific. Verizon is headquartered in New York, the US.
Headquarters
United States of America
Address
1095 Avenue Of The Americas, New York, 10036
Website
www.verizon.com
Telephone
1 212 3951000
No of Employees
89,900
Industry
Technology and Communications
Ticker Symbol & Exchange
VZ (NYSE)
Revenue (2024)
$138.2B
2.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-1.9%
(2024 vs 2023)
Market Cap*
$175.3B
Net Profit Margin (2024)
XYZ
-4.3%
(2024 vs 2023)
* As of and is in US$
Verizon Communications Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Solution: | Internet Access | Verizon |
| Corporate Networking Solutions | Digital Subscriber Line (DSL) | TracFone |
| Fios Internet Services | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company signed an agreement to acquire Carolina West Wireless. |
| 2026 | Contracts/Agreements | In June, the company and BT Group entered into a joint venture agreement to build a unified international connectivity platform. |
| 2026 | New Products/Services | In May, the company launched Digital Twin technology that uses drone 3D imagery and AI to identify storm-related network damage. |
Competitor Comparison
| Key Parameters | Verizon Communications Inc | Apple Inc | Alphabet Inc | Microsoft Corp | Meta Platforms Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York | Cupertino | Mountain View | Redmond | Menlo Park |
| State/Province | New York | California | California | Washington | California |
| No. of Employees | 89,900 | 166,000 | 194,668 | 228,000 | 78,865 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Bertolini | Chairman | Executive Board | 2025 | 69 |
| Dan Schulman | Director; Chief Executive Officer | Executive Board | 2025 | 68 |
| Anthony T. Skiadas | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 57 |
| Vandana Venkatesh | Executive Vice President - Public Policy, Responsible Business, Legal & Security; Chief Legal Officer | Senior Management | 2022 | 54 |
| Alfonso Villanueva | Chief Transformation Officer; Interim CEO Verizon Consumer Group; Executive Vice President | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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