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VERIZON COMMUNICATIONS

(VZ)
  Report
Delayed Nyse  -  04:00:02 2023-06-09 pm EDT
35.47 USD   +0.11%
06/08Verizon upgrades network for Pittsburgh customers
AQ
06/08Verizon upgrades network for Detroit customers
AQ
06/07Indices: Flight to quality
MS
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
Business Summary
Logo Verizon Communications
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 customer between consumers (76.9%) and businesses (23.1%).

Number of employees : 117 100 people.
Sales per Business
20212022Delta
Consumer95 300.0071.3%103 506.0075.6% +8.61%
Business31 042.0023.2%31 072.0022.7% +0.1%
Corporate and Other7 722.005.8%2 510.001.8% -67.5%
Eliminations-451.00-0.3%-253.00-0.2%-
USD in Million
Sales per region
20212022Delta
United States133 613.00100%136 835.00100% +2.41%
USD in Million
Managers
Name Title Age Since
Hans Vestberg Chairman & Chief Executive Officer 56 2019
Anthony Skiadas Chief Financial Officer & Executive Vice President 53 2023
George Brady Connor Senior Vice President-Investor Relations - 2018
Scott D. Krohn Treasurer & Senior Vice President - 2015
William L. Horton Secretary, Senior VP & Deputy General Counsel - -
Diego Scotti Chief Marketing Officer & Executive Vice President - 2014
Harish Virendra Gandhi Director-Marketing & Strategy 51 2018
Kyle Malady Group CEO-Verizon Business & Executive VP 54 2023
Rose Stuckey Kirk Chief Corporates Social Responsibility Officer 59 -
Craig Silliman EVP & President-Verizon Global Services 54 2023
Members of the board
Name Title Age Since
Hans Vestberg Chairman & Chief Executive Officer 56 2019
Clarence Otis Lead Independent Director 65 2019
Melanie Liddle Healey Independent Director 61 2011
Rodney E. Slater Independent Director 67 2010
Shellye Louise Archambeau Independent Director 59 2013
Mark Bertolini Independent Director 65 2015
Gregory G. Weaver Independent Director 70 2015
Dan Schulman Independent Director 64 2018
Roxanne Austin Independent Director 61 2020
Laxman Narasimhan Independent Director 54 -
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,291,433,646 4,198,770,762 97.8% 87,442,163 2.0% 97.8%
Shareholders
NameEquities%
The Vanguard Group, Inc. 330,526,855 7.87%
SSgA Funds Management, Inc. 166,868,183 3.97%
Capital Research & Management Co. 148,746,149 3.54%
BlackRock Fund Advisors 95,046,646 2.26%
Charles Schwab Investment Management, Inc. 89,325,871 2.13%
Geode Capital Management LLC 80,022,393 1.91%
Morgan Stanley Smith Barney LLC (Investment Management) 49,772,994 1.19%
Norges Bank Investment Management 46,438,445 1.11%
Dimensional Fund Advisors LP 39,062,528 0.93%
T. Rowe Price Associates, Inc. (Investment Management) 37,415,019 0.89%
Holdings
NameEquities%Valuation
CASA SYSTEMS, INC. (CASA) 9,329,170 9.73% 11,661,463 USD
BUZZFEED, INC. (BZFD) 5,000,000 3.94% 2,680,000 USD
Markets and indexes
- Main Market
- DJIA / S&P 100, S&P 500, Stoxx Americas 100, Stoxx Global 200, Stoxx NorthAmerica 50, Stoxx USA 50
Stock Exchange Codes
- Bloomberg Code :  VZ:US
- Reuters Code :  VZ.N
- Datastream Code :  
Company contact information
Verizon Communications
1095 Avenue of the Americas
NY 10036 New York City, New York

Phone : +1 212 395 1000
Fax :
web site : https://www.verizon.com/about
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