Business description: Verizon Communications, Inc.

Verizon Communications Inc. specializes in wireless and wireline telecommunications services. The group's activity is organized around 2 areas:

- mobile telecommunication services: mobile telephone services, data transmission, etc. operated in the Unites States via Verizon Wireless;

- wireline telecommunication services: local and long-distance telephone services, broadband Internet access, TV channels broadcasting, e-mailing, etc.

Net sales break down by source of revenue between sales of telecommunication services (82.8%) and wireless telecommunication equipment (17.2%).

Net sales break down by customer between consumers (76.2%), businesses (21.9%) and other (1.9%).

Number of employees: 89,900

Sales by Activity: Verizon Communications, Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Consumer

88.53B 95.3B 104B 102B 103B

Business

30.96B 31.04B 31.07B 30.12B 29.53B

Corporate and Other

9.33B 7.72B 2.51B 2.48B 2.61B

Eliminations

-537M -451M -253M -253M -256M
See all business segments

Geographical breakdown of sales: Verizon Communications, Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

United States

128B 134B 137B 134B 135B
See all geographic segments

Executive Committee: Verizon Communications, Inc.

Manager TitleAgeSince
Chief Executive Officer 68 03/10/2025
Director of Finance/CFO 57 30/04/2023
General Counsel 54 10/10/2022
Corporate Officer/Principal 49 -
Human Resources Officer 47 30/11/2020
See VERIZON COMMUNICATIONS, INC. governance

Composition of the Board of Directors: Verizon Communications, Inc.

Director TitleAgeSince
Director/Board Member 70 31/12/2005
Director/Board Member 63 31/10/2013
Chairman 69 03/10/2025
Chairman 60 07/03/2019
Director/Board Member 68 05/09/2018
Director/Board Member 65 01/10/2020
Director/Board Member 58 30/06/2021
Director/Board Member 69 31/12/2019
Director/Board Member 64 01/05/2019
Director/Board Member 57 30/09/2024
Composition of the Board of Directors

Shareholders: Verizon Communications, Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.998 %
379,402,347 8.998 % 15 453 M $
BlackRock Advisors LLC
6.149 %
259,266,480 6.149 % 10 560 M $
5.111 %
215,490,064 5.111 % 8 777 M $
Geode Capital Management LLC
2.414 %
101,764,815 2.414 % 4 145 M $
Ishares (DE) InvAG mit Teilgesellschaftsvermogen
2.186 %
92,156,216 2.186 % 3 754 M $
NameEquities%Valuation
Itaú Unibanco Asset Management Ltda.
0.001167 %
295,287 0.001167 % 2 M $
Caixa DTVM SA
0.001077 %
272,345 0.001077 % 2 M $
List of VERIZON COMMUNICATIONS, INC. shareholders

Company details: Verizon Communications, Inc.

Verizon Communications, Inc.

1095 Avenue of the Americas

10036, New York

+212 395 1000

http://www.verizon.com
address Verizon Communications, Inc.(VZ)

Group companies: Verizon Communications, Inc.

NameCategory and Sector
Verizon Communications India Pvt Ltd.
Verizon Communications India Pvt Ltd.
Specialty Telecommunications
Information Technology Services
Oath (EMEA) Ltd.
See all subsidiaries

Other Integrated Telecommunications Services

Change 5d. change 1-year change 3-years change Capi.($)
-1.68%+4.02%+16.12%+14.20% 195B
-0.25%+0.50%+6.23%+42.45% 225B
-1.11%+7.42%-8.05%+50.62% 170B
-1.29%-1.55%+3.81%-1.15% 79.23B
-0.39%-5.76%-1.55%+29.67% 73.67B
+0.27%+3.16%+23.62%+1.47% 64.71B
-0.63%+3.50%+44.21%+86.96% 61.2B
+0.36%+0.09%+0.66%+22.76% 58.91B
+0.09%+5.70%+56.49%+72.86% 51.85B
+1.08%+4.67%+19.88%-24.25% 48.82B
Average -0.35%+3.97%+16.14%+29.56% 102.87B
Weighted average by Cap. -0.63%+5.83%+11.22%+31.47%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
25
Last Close Price
46.31USD
Average target price
49.34USD
Spread / Average Target
+6.55%
Consensus

Quarterly revenue - Rate of surprise

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