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: 99,600

Sales by Activity: Verizon Communications, Inc.

Fiscal Period: December20202021202220232024

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: December20202021202220232024

United States

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

Executive Committee: Verizon Communications, Inc.

Manager TitleAgeSince
Chief Executive Officer 59 2018-07-31
Director of Finance/CFO 56 2023-04-30
General Counsel 53 2022-10-10
Corporate Officer/Principal 48 -
Human Resources Officer 46 2020-11-30
See VERIZON COMMUNICATIONS, INC. governance

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

Director TitleAgeSince
Director/Board Member 69 2005-12-31
Director/Board Member 62 2013-10-31
Director/Board Member 68 2015-02-04
Chairman 59 2019-03-07
Director/Board Member 67 2018-09-05
Director/Board Member 64 2020-10-01
Director/Board Member 57 2021-06-30
Director/Board Member 68 2019-12-31
Director/Board Member 63 2019-05-01
Director/Board Member 56 2024-09-30
Composition of the Board of Directors

Shareholders: Verizon Communications, Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.746 %
368,171,941 8.746 % 15 931 M $
BlackRock Advisors LLC
6.136 %
258,305,998 6.136 % 11 177 M $
4.846 %
204,007,806 4.846 % 8 827 M $
Charles Schwab Investment Management, Inc.
2.61 %
109,866,405 2.61 % 4 754 M $
Geode Capital Management LLC
2.357 %
99,225,288 2.357 % 4 293 M $
NameEquities%Valuation
Itaú Unibanco SA
0.009978 %
420,057 0.009978 % 3 M $
Caixa DTVM SA
0.00851 %
358,235 0.00851 % 3 M $
BRAM - Bradesco Asset Management SA DTVM
0.001212 %
51,012 0.001212 % 365 637 $
Morgan Stanley Administradora de Carteiras SA
0.00001 %
400 0.00001 % 2 867 $
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
AOL Interactive Media India Pvt Ltd.
Verizon Owner Trust 2020-B
Finance/Rental/Leasing
Specialty Telecommunications
Internet Software/Services
Verizon Spain SL
Specialty Telecommunications
See all subsidiaries

Other Integrated Telecommunications Services

Change 5d. change 1-year change 3-years change Capi.($)
-0.75%-2.05%+3.38%-15.46% 182B
+0.06%-1.21%+11.90%+75.97% 241B
+0.29%+0.16%+31.64%+61.90% 177B
0.00%-1.43%+14.35%+105.99% 92.29B
-0.96%+0.78%-0.13%+0.59% 87.69B
-0.19%+2.10%+10.91%+8.93% 56.88B
-2.39%-2.64%+36.56%-11.47% 56.86B
-1.37%-1.49%+4.67%-18.37% 53.58B
-0.25%+2.07%+38.73%+49.24% 50.93B
+0.56%+2.64%+12.02%-30.40% 42.14B
Average -0.51%+0.01%+16.40%+22.69% 103.99B
Weighted average by Cap. -0.36%-0.41%+15.22%+34.99%
See all sector performances
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  4. Company Verizon Communications, Inc.