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
97,600
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*
$207.8B
Net Profit Margin (2024)
XYZ
-4.3%
(2024 vs 2023)
* As of and is in US$
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 August, the company entered into an agreement to acquire BT Group's international enterprise operations. |
| 2026 | Contracts/Agreements | In August, the company partnered with EZ-Rider to replace legacy radio systems with cellular-based technology, eliminating communication gaps across the Permian Basin. |
| 2026 | Contracts/Agreements | In August, the company partnered with Keysight Technologies, NVIDIA, Lockheed Martin, ODC and Astris AI to demonstrate commercial off-the-shelf technologies detecting and tracking unmanned aircraft systems accessible, deployable, and easier to scale for public and critical infrastructure protection. |
Competitor Comparison
| Key Parameters | Verizon Communications Inc | AT&T Inc | Comcast Corp | T-Mobile US Inc | Charter Communications 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 | Dallas | Philadelphia | Bellevue | Stamford |
| State/Province | New York | Texas | Pennsylvania | Washington | Connecticut |
| No. of Employees | 97,600 | 130,870 | 179,000 | 75,000 | 91,900 |
| 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 | Chief Executive Officer; Director | Executive Board | 2025 | 68 |
| Anthony T. Skiadas | Chief Financial Officer; Executive Vice President | Senior Management | 2023 | 57 |
| Leslie Berland | Chief Marketing Officer; Executive Vice President | Senior Management | 2024 | - |
| Vandana Venkatesh | Chief Legal Officer; Executive Vice President | Senior Management | 2022 | 54 |
| 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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