Verizon Communications Inc

VZ

Company Profile

  • Business description

    Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.

  • Contact

    1095 Avenue of the Americas
    New YorkNY10036
    USA

    T: +1 212 395-1000

    https://www.verizon.com

  • Sector

    Communication Services

    Stock type

    Sensitive

  • Industry

    Telecom Services

    Fiscal Year End

    31 December 2024

    Employees

    105,400

Verizon Communications Inc News & Analysis

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