Verizon Communications Inc.
VZ.TO
Toronto Stock Exchange19.27
CAD
+0.04
- -
Verizon Communications Inc.
VZ.TO
(Toronto Stock Exchange)
Recent
price
19.27
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- Similar Companies
- Business
- Verizon Communications Inc. is a U.S.-based telecommunications company that provides wireless and wireline communications, broadband, network, technology, and related services to consumers, businesses, and public-sector customers. The Company operates principally through Verizon Consumer and Verizon Business segments and offers postpaid and prepaid wireless voice, data and messaging plans; 4G LTE and 5G mobile connectivity; smartphones, tablets, wearables, routers and other wireless devices; fixed wireless access and home internet services; Fios fiber-optic internet, television and digital-voice services; broadband services acquired through Frontier Communications; and prepaid wireless services marketed primarily under the Verizon Prepaid, Visible, Total Wireless, Straight Talk, Tracfone, Simple Mobile, SafeLink and Walmart Family Mobile brands. Verizon also provides business communications and networking products, including wireless and private wireless networks; fiber, Ethernet, internet, dark-fiber and wavelength services; software-defined wide-area networking; secure access service edge, managed security, cloud connectivity, unified communications, contact-center, collaboration, Internet of Things, fleet-management and mobile-device-management solutions; network-as-a-service offerings; edge computing; and professional, implementation and managed services. Its customers include individual consumers, small and medium-sized businesses, large enterprises, multinational corporations, government agencies, educational institutions and wholesale carriers. The Company operates primarily in the United States, including its wireless network nationwide and fiber-based wireline operations across the Northeast and Mid-Atlantic, while its business operations serve multinational enterprise customers internationally. Verizon was formed in 2000 through the merger of Bell Atlantic Corp. and GTE Corp. and is headquartered in New York, New York. Key operating businesses include Verizon Wireless, Verizon Fios, Verizon Business, Visible, Tracfone Wireless and, following its 2026 acquisition, Frontier Communications Parent, Inc. Recent strategic actions include the completion on January 20, 2026 of Verizon’s acquisition of Frontier Communications Parent, Inc., expanding the Company’s fiber broadband footprint across 31 states and Washington, D.C., and supporting its objective of extending fiber availability to approximately 40 million to 50 million premises over the medium term. Verizon also completed the acquisition of Starry Group Holdings, Inc. in January 2026, adding fixed-wireless broadband capabilities for multi-dwelling-unit properties in five U.S. markets. In 2025, the Company entered a commercial fiber arrangement with an affiliate of Tillman Global Holdings to increase fiber access beyond its historical wireline territory. Verizon renewed its long-term mobile virtual network operator arrangements with Comcast Corp. and Charter Communications Inc. in early 2026, continuing to support their Xfinity Mobile and Spectrum Mobile offerings. In June 2026, Verizon agreed to form a 50:50 joint venture with BT Group plc to combine their international enterprise wireline connectivity businesses, subject to regulatory approvals and an expected 2027 closing; the planned venture is intended to provide cloud-first, AI-ready and secure connectivity services to multinational customers in more than 180 countries. Verizon additionally introduced Verizon One, a converged nationwide mobility-and-broadband plan, and entered a multi-year, multi-billion-dollar agreement with Corning Inc. in September 2026 for more than 80 million miles of high-density optical fiber and connectivity solutions to support broadband expansion and AI-oriented data-center connectivity from 2027 through 2032.