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- Overview
- Segment Analysis
- Financials
- Executives
- SWOT Analysis
- Locations
- Competitors
- Deals
- Filing Analytics
- Patents
- Theme Exposure
- Media
- Premium Data
- Install Base
- IT Services Contracts
- IT Software Contracts
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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, 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, 10036
Website www.verizon.com
Telephone 1 212 3951000
No of Employees 103,900
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* $174.6B
Net Profit Margin (2022) XYZ -44.2% (2022 vs 2021)
* As of and is in US$
View Verizon Communications Inc financials
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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
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 |
|---|---|---|
| Solutions: | Internet Access | Verizon |
| Corporate Networking Solutions | Broadband Services | TracFone |
| Digital Subscriber Line (DSL) | ||
| XYZ | ||
| XYZ | ||
| XYZ |
Understand Verizon Communications Inc portfolio and identify potential areas for collaboration Understand Verizon Communications Inc portfolio and identify potential areas for collaboration Find out more
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In September, the company announced its plans to acquire Frontier Communications, a telecommunications company. |
| 2024 | Contracts/Agreements | In August, Verizon Business secured a US$176 million contract from the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency for Government Emergency Telecommunications Service and Wireless Priority Service, enhancing national security and emergency communications. |
| 2024 | Contracts/Agreements | In August, the company in collaboration with State Farm Arena and the Atlanta Hawks established a partnership to deliver its innovative products and services directly to the fans of the Hawks. |
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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 | 103,900 | 161,000 | 179,582 | 228,000 | 70,799 |
| Entity Type | Public | Public | Public | Public | Public |
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Key Financial Charts
Sales Growth
Net Income Growth
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
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 | Chief Marketing Officer; Executive Vice President | 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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