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About the company
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, technology, information and streaming products and services to consumers, businesses and government entities. Its Consumer segment provides wireless and wireline communications services. It also provides fixed wireless access (FWA) broadband through its 5G or 4G Long-Term Evolution (LTE) networks portfolio. The Company's Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and advanced communication services, corporate networking solutions, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things (IoT) services and products. It provides these products and services to businesses, public sector customers and wireless and wireline carriers across the U.S. and a subset of these products and services to customers around the world.
- Revenue in USD (TTM)135.29bn
- Net income in USD17.78bn
- Incorporated1983
- Employees99.60k
- LocationVerizon Communications Inc1095 Avenue Of The AmericasNEW YORK 10036United StatesUSA
- Phone+1 (212) 395-1000
- Fax+1 (302) 655-5049
- Websitehttps://www.verizon.com/
Mergers & acquisitions
| Acquired company | VZ:NYQ since announced | Transaction value |
|---|---|---|
| United States Cellular Corp-Select Spectrum Assets | -0.68% | 1.00bn |
| Frontier Communications Parent Inc | 4.99% | 9.86bn |
| Holder | Shares | % Held |
|---|---|---|
| The Vanguard Group, Inc.as of 31 Mar 2025 | 347.73m | 8.26% |
| BlackRock Fund Advisorsas of 31 Mar 2025 | 217.04m | 5.16% |
| SSgA Funds Management, Inc.as of 31 Mar 2025 | 204.01m | 4.85% |
| Charles Schwab Investment Management, Inc.as of 31 Mar 2025 | 109.87m | 2.61% |
| Geode Capital Management LLCas of 31 Mar 2025 | 99.23m | 2.36% |
| Norges Bank Investment Managementas of 31 Dec 2024 | 57.54m | 1.37% |
| GQG Partners LLCas of 31 Mar 2025 | 49.86m | 1.18% |
| BlackRock Advisors (UK) Ltd.as of 31 Mar 2025 | 48.54m | 1.15% |
| BlackRock Investment Management (UK) Ltd.as of 31 Mar 2025 | 39.86m | 0.95% |
| Northern Trust Investments, Inc.(Investment Management)as of 31 Mar 2025 | 37.67m | 0.90% |
