Verizon Communications Inc - Company Profile

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Verizon Communications Inc: Overview

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, Europe, the Middle East, Africa, and Asia-Pacific. Verizon is headquartered in New York, the US.

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Headquarters United States of America

Address 1095 Avenue of The Americas, New York City, 10036


Telephone 1 212 3951000

No of Employees 105,400

Industry Technology and Communications

Ticker Symbol & Exchange VZ (NYSE)

Revenue (2022) $134.0B -2.1% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -45.4% (2022 vs 2021)

Market Cap* $167.0B

Net Profit Margin (2022) XYZ -44.2% (2022 vs 2021)

* As of and is in US$
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Verizon Communications Inc premium industry data and analytics

1,100+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

12+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Verizon Communications Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

3

IT Software Contracts

Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for Verizon Communications Inc (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Verizon Communications Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Wireless Devices Internet Access Verizon
Tablets Broadband Services TracFone
Handsets Digital Subscriber Line (DSL)
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In April, Verizon Business announced its plans to unveil media and entertainment solutions at NAB 2024 at the Las Vegas Convention Center.
2024 Contracts/Agreements In April, the company entered into a partnership with the New Jersey Devils and Prudential Center to add Verizon 5G Ultra Wideband, Verizon Private 5G Network, and Wi-Fi 6/6E in Prudential Center to improve its operations.
2024 Contracts/Agreements In April, Verizon Business entered into an agreement with NASA to deliver a network solution enabling a live solar eclipse broadcast.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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 City Cupertino Mountain View Redmond Menlo Park
State/Province New York California California Washington California
No. of Employees 105,400 161,000 182,502 221,000 67,317
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Hans Vestberg Chairman; Chief Executive Officer Executive Board 2019 58
Anthony T. Skiadas Chief Financial Officer; Executive Vice President Senior Management 2023 55
Leslie Berland Executive Vice President; Chief Marketing Officer Senior Management 2024 -
Vandana Venkatesh Chief Legal Officer; Executive Vice President Senior Management 2022 52
Stacy Sharpe Chief Communications Officer; Executive Vice President Senior Management 2024 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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