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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
- 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 | -6.61% | 1.00bn |
Frontier Communications Parent Inc | -1.28% | 9.86bn |
Holder | Shares | % Held |
---|---|---|
The Vanguard Group, Inc.as of 30 Jun 2024 | 334.96m | 7.96% |
BlackRock Fund Advisorsas of 30 Jun 2024 | 224.72m | 5.34% |
SSgA Funds Management, Inc.as of 30 Jun 2024 | 185.35m | 4.40% |
Charles Schwab Investment Management, Inc.as of 30 Jun 2024 | 95.34m | 2.27% |
Geode Capital Management LLCas of 30 Jun 2024 | 93.74m | 2.23% |
Norges Bank Investment Managementas of 30 Jun 2024 | 55.46m | 1.32% |
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Jun 2024 | 46.97m | 1.12% |
BlackRock Advisors (UK) Ltd.as of 30 Jun 2024 | 43.85m | 1.04% |
Northern Trust Investments, Inc.(Investment Management)as of 30 Jun 2024 | 38.42m | 0.91% |
Dimensional Fund Advisors LPas of 30 Sep 2024 | 32.21m | 0.77% |