Verizon Communications
Verizon is a global communications and technology company that provides data, video, and voice services across its proprietary wireless and fiber-optic networks. The company serves a diverse customer base ranging from individual consumers to large-scale enterprises and government agencies. Its core value proposition centers on providing reliable high-speed mobility, network connectivity, and security solutions through advanced 4G LTE, 5G, and global fiber infrastructure.
Financials
Based on Q1 2026 filing
Business Segments
Verizon Consumer Group
primaryThis segment focuses on individual consumers, providing wireless and wireline communications services. It leverages an extensive national wireless network and a 100% fiber-optic network to deliver mobile plans, residential broadband, and video services.
Fios internet, Fios video, Fixed Wireless Access (FWA), 5G Home Internet, Verizon Prepaid, Verizon Postpaid, Device protection, Cloud storage
Individual consumers, Residential households, Mobile Virtual Network Operators (MVNOs)
Verizon Business Group
majorThis segment provides integrated communications and IT solutions to private and public sector organizations. Services include IoT connectivity, managed network services, and corporate networking solutions delivered globally.
Internet of Things (IoT) connectivity solutions, Managed network services, Private networks, Security services, Global fiber-optic network services, Mobile resource management, Wireless backhaul
Small and medium businesses, Global enterprises, U.S. federal, state, and local governments, Educational institutions, Wireless and wireline carriers
Segment Financials
Consumer — Centrally managed network and shared service costs
View metricConsumer — Number of states in which wireline services are provided
View metricBusiness — Centrally managed network and shared service costs
View metricBusiness Overview
Competitive Position
Verizon is a leading national wireless carrier in the U.S. and a major global provider of fiber-optic connectivity, competing primarily on network reliability, 5G deployment, and bundled service offerings.
Geographies
United States, Global
Customer Segments
B2C, B2B, B2G, Wholesale
Upstream Dependencies
Spectrum license auctions (FCC), Network equipment manufacturers, Smartphone and device OEMs, Satellite providers, Cloud infrastructure providers
Downstream Customers
Retail consumers, Enterprise corporations, Government agencies, Mobile Virtual Network Operators (MVNOs), Third-party telecommunications carriers
Competitors & Partners
Competitors
AT&T
T
Direct national wireless and wireline competitor
T-Mobile US
TMUS
Direct national wireless competitor
Comcast
CMCSA
Cable and wireless reseller competitor
EchoStar
SATS
National wireless carrier and pay-TV competitor.
Charter Communications, Inc.
CHTR
Cable and wireless reseller competitor
SBA Communications
SBAC
Wireless service provider that owns and operates its own towers
Crown Castle
CCI
Carrier that owns or operates its own towers
Similar Companies
Partners
Tillman Global Holdings
Commercial fiber arrangement to increase fiber access reach
Apple
AAPL
Smartphone and device supplier
Samsung Electronics
Smartphone and network equipment supplier
Subsidiaries
Starry Group Holdings, Inc.
Acquired fixed wireless broadband provider
Verizon Communications FAQ
Common questions about Verizon Communications
Verizon is a global communications and technology company that provides data, video, and voice services across its proprietary wireless and fiber-optic networks. The company serves a diverse customer base ranging from individual consumers to large-scale enterprises and government agencies. Its core value proposition centers on providing reliable high-speed mobility, network connectivity, and security solutions through advanced 4G LTE, 5G, and global fiber infrastructure.
Verizon Communications (VZ) has a market capitalization of $201.89B and trades on NYSE.
Verizon Communications generated $139.08B in trailing twelve-month revenue with net income of $17.5B, representing a net margin of 12.6%. These figures are based on the Q2 2026 filing.
Verizon Communications's key competitors include AT&T Inc., T-Mobile US, Inc., Comcast Corporation, and others. These companies compete in similar markets and product categories.
Verizon Communications has approximately 105,400 employees.