Equities
TelecommunicationsTelecommunications Service Providers
  • Price (USD)42.61
  • Today's Change0.385 / 0.91%
  • Shares traded6.45m
  • 1 Year change+14.38%
  • Beta0.4180
Data delayed at least 15 minutes, as of Nov 21 2024 19:14 GMT.
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About the company

Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brands. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things services and products.

  • Revenue in USD (TTM)134.24bn
  • Net income in USD9.80bn
  • Incorporated1983
  • Employees103.90k
  • Location
    Verizon Communications Inc1095 Avenue Of The AmericasNEW YORK 10036United StatesUSA
  • Phone+1 (212) 395-1000
  • Fax+1 (302) 655-5049
  • Websitehttps://www.verizon.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
VZ:NYQ since
announced
Transaction
value
United States Cellular Corp-Select Spectrum AssetsAnnounced18 Oct 202418 Oct 2024Announced-2.84%1.00bn
Frontier Communications Parent IncAnnounced05 Sep 202405 Sep 2024Announced2.71%9.86bn
Data delayed at least 15 minutes, as of Nov 21 2024 19:14 GMT.

Institutional shareholders

27.34%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Sep 2024338.61m8.04%
BlackRock Fund Advisorsas of 30 Sep 2024209.69m4.98%
SSgA Funds Management, Inc.as of 30 Sep 2024184.52m4.38%
Charles Schwab Investment Management, Inc.as of 30 Sep 2024101.27m2.41%
Geode Capital Management LLCas of 30 Sep 202495.82m2.28%
Norges Bank Investment Managementas of 30 Jun 202455.46m1.32%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 202447.72m1.13%
BlackRock Advisors (UK) Ltd.as of 30 Sep 202445.10m1.07%
Northern Trust Investments, Inc.(Investment Management)as of 30 Sep 202438.25m0.91%
BlackRock Investment Management (UK) Ltd.as of 30 Sep 202434.61m0.82%
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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