Verizon Communications Inc.
VERIZ.BR
Euronext Brussels54.00
USD
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Verizon Communications Inc.
VERIZ.BR
(Euronext Brussels)
Recent
price
54.00
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Verizon Communications Inc. (NYSE: VZ; Nasdaq: VZ) provides communications, technology, information, and entertainment products and services to consumers, businesses, and government customers primarily in the United States and select international markets. Headquartered in New York City with operational headquarters in Basking Ridge, New Jersey, the company--formed in 2000 through the merger of Bell Atlantic and GTE--operates the largest wireless carrier in the U.S., delivering wireless voice, data, and video services including 4G LTE covering 99% of the U.S. population and the nation's leading 5G network; premium broadband via Fios fiber internet, fixed wireless access (FWA), and over one million miles of global fiber; business solutions encompassing collaboration tools, contact centers, secure networking, IoT, AI edge computing, and Verizon Business Complete; consumer apps and services such as Verizon Smart Family for parental controls, Verizon Cloud for secure storage, Verizon Messages for multi-device messaging, and roadside assistance; as well as pay television, home security, web hosting, and wholesale data offerings in nine eastern U.S. states. In September 2024, Verizon announced a definitive $20 billion all-cash agreement to acquire Frontier Communications Parent Inc., adding 2.2 million fiber subscribers and expanding fiber reach to over 25 million premises across 31 states and Washington, D.C., with the deal approved by U.S. regulators in May 2025 following adjustments to diversity policies and expected closure within 18 months to drive revenue growth, $500 million in annual cost synergies, and enhanced mobility-broadband bundling. More recently in October 2025, Verizon entered a strategic fiber agreement with Tillman Global Holdings' Eaton Fiber LLC to deliver high-speed fiber broadband to homes beyond current Fios and Frontier footprints, alongside accelerating fixed wireless expansion through the acquisition of Starry's next-generation services, reinforcing its position serving nearly all Fortune 500 clients with 2024 revenues of $134.8 billion and 146.1 million total wireless retail connections as of third-quarter 2025.