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Verizon Communications (NYSE: VZ) — Company Overview, News & Financial Data

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VZ Verizon Communications
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Company profile

Verizon Communications

Verizon Communications is an American telecommunications and technology company providing wireless network operations, broadband internet, voice services, and digital entertainment products. Headquartered in New York City, the company operates nationwide mobile network infrastructure and fiber-optic networks to serve consumer, commercial, and government customers across the United States and internationally. Its operations encompass mobile voice and data services, fixed wireless access, fiber-based broadband internet, enterprise connectivity, network management, and IoT solutions. The business delivers communication and digital services through retail stores, direct sales channels, digital platforms, and wholesale network access agreements.

Snapshot

Public USOwnership
1983Year founded
~90,000Employees
New York, United StatesHead office
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Global footprint

Operations

Products and/or services of Verizon Communications

  • Wireless Mobile Voice and Data Services: Provision of nationwide wireless telecommunications coverage, voice calling, mobile broadband, and text messaging services to consumer and commercial subscribers across LTE and 5G cellular network infrastructure in the United States.
  • Fixed Wireless Access Broadband: Delivery of high-speed residential and enterprise wireless internet access utilizing 5G and 4G LTE network coverage to deliver home and business broadband connections without requiring physical cable installations.
  • Fiber-Optic Broadband and Television Services: Operation of high-capacity fiber network infrastructure delivering gigabit-speed wireline internet access, digital television programming, and landline telephone services directly to residential, enterprise, and institutional customer premises in select metropolitan markets.
  • Enterprise and Business Connectivity Solutions: Provision of managed network connectivity, software-defined wide area networking, private cellular network deployments, cybersecurity services, cloud integration, and unified communications to corporate, public sector, and wholesale telecommunications clients.
  • Prepaid Wireless and MVNO Services: Supply of flexible contract-free mobile phone plans, prepaid SIM kits, and wholesale network capacity leasing to third-party mobile virtual network operators, retail distributors, and value-focused mobile subscribers nationwide.
  • Device Financing and Retail Accessories: Sale and equipment installment financing of smartphones, cellular tablets, smartwatches, wireless hotspots, and connected mobile accessories through corporate retail stores, authorized reseller channels, and digital e-commerce platforms.

Verizon Communications executive team

  • Mr. Daniel H. SchulmanDirector & CEO
  • Mr. Anthony T. Skiadas CPAExecutive VP & CFO
  • Ms. Vandana VenkateshExecutive Vice President & Chief Legal Officer
  • Mr. Kyle MaladyExecutive VP & CEO of Verizon Business Group
  • Mr. Sowmyanarayan SampathExecutive VP & CEO of Verizon Consumer Group
  • Ms. Mary-Lee StillwellSenior VP of Accounting & External Reporting and Controller
  • Mr. Santiago TenorioCTO & Senior VP of Strategy and Technology Enablement
  • Ms. Colleen OstrowskiSenior Vice President of Investor Relations
  • Ms. Stacy SharpeExecutive VP & Chief Communications Officer
  • Ms. Leslie BerlandExecutive VP & Chief Marketing Officer