Profile data is unavailable for this security.

About the company

Verizon Communications Inc. (Verizon) is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The Company offers voice, data and video services and solutions on its wireless and wireline networks. The Company's segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales that are provided to consumer, business and government customers across the United States. The Wireline's segment offers voice, data and video communications products and services, such as broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. The Company provides these products and services to consumers as well as to carriers, businesses and government customers.

  • Revenue in USD (TTM)130.12bn
  • Net income in USD14.44bn
  • Incorporated1983
  • Employees162.70k
  • Location
    Verizon Communications Inc1095 Avenue of the AmericasNEW YORK 10036United StatesUSA
  • Phone+1 (212) 395-1000Fax+1 (302) 655-5049
  • Websitehttp://www.verizon.com/
More ▼

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
VZ:NYQ since
announced
Transaction
value
Yahoo! Inc-Operating BusinessAnnounced25 Jul 201625 Jul 2016Announced-6.42%4.83bn
Telogis IncAnnounced21 Jun 201621 Jun 2016Announced-2.34%--
XO Communications LLC-Fiber-Optic Network BusinessAnnounced22 Feb 201622 Feb 2016Announced3.22%1.80bn
Data delayed at least 15 minutes, as of Aug 29 2016 21:01 BST.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Comcast Corporation75.97bn8.13bn158.00bn153.00k158.00bn153.00k
Verizon Communications Inc.130.12bn14.44bn212.25bn162.70k212.25bn162.70k
AT&T Inc.162.27bn14.21bn250.26bn277.20k250.26bn277.20k
Data as of Aug 29 2016. Currency figures normalised to Verizon Communications Inc's reporting currency: US Dollar USD

Institutional shareholders

25.99%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Jun 2016256.74m6.30%
BlackRock Fund Advisorsas of 30 Jun 2016169.61m4.16%
SSgA Funds Management, Inc.as of 30 Jun 2016157.17m3.86%
Capital Research & Management Co. (Global Investors)as of 30 Jun 2016155.72m3.82%
Capital Research & Management Co. (World Investors)as of 30 Jun 201679.80m1.96%
Wellington Management Co. LLPas of 30 Jun 201668.85m1.69%
Northern Trust Investments, Inc.as of 30 Jun 201649.52m1.22%
Capital Research & Management Co. (International Investors)as of 30 Jun 201647.79m1.17%
Norges Bank Investment Managementas of 31 Dec 201537.91m0.93%
Fidelity Management & Research Co.as of 30 Jun 201636.22m0.89%
More ▼
Data from 31 Dec 2015 - 30 Jun 2016Source: FactSet Research Systems Inc.
© Thomson Reuters Click for restrictions
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.