Trade Verizon Communications Inc - VZ CFD
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- Historical Data
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- Income Statement
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| Spread | 0.07 | ||||||||
|
Long position overnight fee
Long position overnight fee
Go to platform | -0.030779% | ||||||||
|
Short position overnight fee
Short position overnight fee
Go to platform | -0.013666% | ||||||||
| Overnight fee time | 22:00 (UTC) | ||||||||
| Min traded quantity | 1 | ||||||||
| Currency | USD | ||||||||
| Margin | 20% | ||||||||
| Stock exchange | United States of America | ||||||||
| Commission on trade | 0% |
*Information provided by Capital.com
Verizon Communications Inc ESG Risk Ratings
‘C’ score indicates satisfactory relative ESG performance and moderate degree of transparency in reporting material ESG data publicly.
| Prev. Close* | 41.25 |
| Open* | 40.96 |
| 1-Year Change* | -23.45% |
| Day's Range* | 40.1 - 40.96 |
| 52 wk Range | 32.79-55.51 |
| Average Volume (10 days) | 20.83M |
| Average Volume (3 months) | 475.44M |
| Market Cap | 173.38B |
| P/E Ratio | 8.16 |
| Shares Outstanding | 4.20B |
| Revenue | 136.84B |
| EPS | 5.06 |
| Dividend (Yield %) | 6.32267 |
| Beta | 0.32 |
| Next Earnings Date | Apr 25, 2023 |
All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com
- Last Week
- Last Month
- Last Year
- Last two Years
- Max
- Daily
- Weekly
- Monthly
| Date | Close | Change | Change (%) | Open | High | Low |
|---|---|---|---|---|---|---|
| Feb 7, 2023 | 40.52 | -0.26 | -0.64% | 40.78 | 41.15 | 40.09 |
| Feb 6, 2023 | 41.25 | -0.23 | -0.55% | 41.48 | 41.53 | 40.86 |
| Feb 3, 2023 | 41.47 | -0.18 | -0.43% | 41.65 | 41.93 | 41.11 |
| Feb 2, 2023 | 41.82 | 0.14 | 0.34% | 41.68 | 41.89 | 41.17 |
| Feb 1, 2023 | 41.65 | -0.28 | -0.67% | 41.93 | 41.97 | 41.09 |
| Jan 31, 2023 | 41.54 | 0.50 | 1.22% | 41.04 | 41.54 | 40.97 |
| Jan 30, 2023 | 41.02 | 0.45 | 1.11% | 40.57 | 41.22 | 40.57 |
| Jan 27, 2023 | 40.60 | 0.46 | 1.15% | 40.14 | 40.64 | 39.74 |
| Jan 26, 2023 | 40.23 | -0.15 | -0.37% | 40.38 | 40.54 | 39.90 |
| Jan 25, 2023 | 40.30 | 0.03 | 0.07% | 40.27 | 41.05 | 39.85 |
| Jan 24, 2023 | 40.37 | -1.31 | -3.14% | 41.68 | 42.32 | 38.50 |
| Jan 23, 2023 | 39.58 | -0.37 | -0.93% | 39.95 | 40.31 | 39.39 |
| Jan 20, 2023 | 39.97 | 0.00 | 0.00% | 39.97 | 40.06 | 39.43 |
| Jan 19, 2023 | 40.07 | 0.35 | 0.88% | 39.72 | 40.24 | 39.43 |
| Jan 18, 2023 | 39.93 | -0.91 | -2.23% | 40.84 | 40.84 | 39.79 |
| Jan 17, 2023 | 40.81 | -1.00 | -2.39% | 41.81 | 41.88 | 40.76 |
| Jan 13, 2023 | 41.81 | 0.21 | 0.50% | 41.60 | 41.88 | 41.33 |
| Jan 12, 2023 | 41.78 | 0.51 | 1.24% | 41.27 | 41.91 | 41.08 |
| Jan 11, 2023 | 41.15 | -0.86 | -2.05% | 42.01 | 42.04 | 40.99 |
| Jan 10, 2023 | 41.92 | 0.59 | 1.43% | 41.33 | 41.94 | 41.13 |
Verizon Communications Inc Events
| Time (UTC) | Country | Event |
|---|---|---|
| No events scheduled | ||
- Annual
- Quarterly
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Total revenue | 125980 | 126034 | 130863 | 131868 | 128292 | 133613 |
| Revenue | 125980 | 126034 | 130863 | 131868 | 128292 | 133613 |
| Cost of Revenue, Total | 52701 | 52892 | 55205 | 54726 | 51201 | 56301 |
| Gross Profit | 73279 | 73142 | 75658 | 77142 | 77091 | 77312 |
| Total Operating Expense | 101055 | 101486 | 107203 | 105220 | 101206 | 102327 |
| Selling/General/Admin. Expenses, Total | 28830 | 28968 | 28248 | 29431 | 30031 | 28932 |
| Depreciation / Amortization | 15928 | 16730 | 17380 | 16682 | 16720 | 16206 |
| Unusual Expense (Income) | 3596 | 2896 | 6370 | 4381 | 3254 | 888 |
| Operating Income | 24925 | 24548 | 23660 | 26648 | 27086 | 31286 |
| Interest Income (Expense), Net Non-Operating | -4415 | -4728 | -4925 | -4624 | -4254 | -3161 |
| Other, Net | 476 | 774 | 888 | 709 | 1128 | 1426 |
| Net Income Before Taxes | 20986 | 20594 | 19623 | 22733 | 23967 | 29420 |
| Net Income After Taxes | 13608 | 13789 | 16039 | 19788 | 18348 | 22618 |
| Minority Interest | -481 | -449 | -511 | -523 | -547 | -553 |
| Net Income Before Extra. Items | 13127 | 13340 | 15528 | 19265 | 17801 | 22065 |
| Net Income | 13127 | 30101 | 15528 | 19265 | 17801 | 22065 |
| Income Available to Common Excl. Extra. Items | 13127 | 13340 | 15528 | 19265 | 17801 | 22065 |
| Income Available to Common Incl. Extra. Items | 13127 | 30101 | 15528 | 19265 | 17801 | 22065 |
| Diluted Net Income | 13127 | 30101 | 15528 | 19265 | 17801 | 22065 |
| Diluted Weighted Average Shares | 4086 | 4089 | 4132 | 4140 | 4142 | 4150 |
| Diluted EPS Excluding Extraordinary Items | 3.21268 | 3.26241 | 3.75799 | 4.65338 | 4.29768 | 5.31687 |
| Dividends per Share - Common Stock Primary Issue | 2.2725 | 2.3225 | 2.3725 | 2.4225 | 2.4725 | 2.5225 |
| Diluted Normalized EPS | 3.78335 | 3.73662 | 5.01805 | 5.57451 | 4.89781 | 5.50564 |
| Total Extraordinary Items | 16761 | 0 | ||||
| Gain (Loss) on Sale of Assets | 7 | -131 |
| Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | |
|---|---|---|---|---|---|
| Total revenue | 32867 | 33764 | 32915 | 34067 | 33554 |
| Revenue | 32867 | 33764 | 32915 | 34067 | 33554 |
| Cost of Revenue, Total | 13522 | 14255 | 13528 | 14996 | 14350 |
| Gross Profit | 19345 | 19509 | 19387 | 19071 | 19204 |
| Total Operating Expense | 25097 | 25431 | 24958 | 27689 | 25758 |
| Selling/General/Admin. Expenses, Total | 7178 | 7324 | 6521 | 7412 | 7172 |
| Depreciation / Amortization | 4174 | 4020 | 3961 | 4051 | 4236 |
| Unusual Expense (Income) | 223 | -168 | 948 | 1230 | |
| Operating Income | 7770 | 8333 | 7957 | 6378 | 7796 |
| Interest Income (Expense), Net Non-Operating | -1078 | -832 | -789 | -593 | -779 |
| Other, Net | 386 | 323 | 1206 | 359 | -934 |
| Net Income Before Taxes | 7078 | 7824 | 8374 | 6144 | 6083 |
| Net Income After Taxes | 5378 | 5949 | 6554 | 4737 | 4711 |
| Minority Interest | -133 | -149 | -147 | -124 | -131 |
| Net Income Before Extra. Items | 5245 | 5800 | 6407 | 4613 | 4580 |
| Net Income | 5245 | 5800 | 6407 | 4613 | 4580 |
| Income Available to Common Excl. Extra. Items | 5245 | 5800 | 6407 | 4613 | 4580 |
| Income Available to Common Incl. Extra. Items | 5245 | 5800 | 6407 | 4613 | 4580 |
| Diluted Net Income | 5245 | 5800 | 6407 | 4613 | 4580 |
| Diluted Weighted Average Shares | 4142 | 4143 | 4144 | 4171 | 4202 |
| Diluted EPS Excluding Extraordinary Items | 1.2663 | 1.39995 | 1.54609 | 1.10597 | 1.08996 |
| Dividends per Share - Common Stock Primary Issue | 0.6275 | 0.6275 | 0.6275 | 0.64 | 0.64 |
| Diluted Normalized EPS | 1.3072 | 1.36912 | 1.72514 | 1.33333 | 1.08996 |
- Annual
- Quarterly
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Total Current Assets | 26395 | 29913 | 34636 | 37473 | 54594 | 36728 |
| Cash and Short Term Investments | 2880 | 2079 | 2745 | 2594 | 22171 | 2921 |
| Cash & Equivalents | 2880 | 2079 | 2745 | 2594 | 22171 | 2921 |
| Short Term Investments | 0 | |||||
| Total Receivables, Net | 17513 | 23493 | 25859 | 26277 | 24650 | 24585 |
| Accounts Receivable - Trade, Net | 17513 | 23493 | 25859 | 26277 | 24650 | 24585 |
| Total Inventory | 1202 | 1034 | 1336 | 1422 | 1796 | 3055 |
| Prepaid Expenses | 3918 | 2614 | 3649 | 5959 | 2310 | 2641 |
| Other Current Assets, Total | 882 | 693 | 1047 | 1221 | 3667 | 3526 |
| Total Assets | 244180 | 257143 | 264829 | 291727 | 316481 | 366596 |
| Property/Plant/Equipment, Total - Net | 84751 | 88568 | 89286 | 114609 | 117364 | 127579 |
| Property/Plant/Equipment, Total - Gross | 232215 | 246498 | 252835 | 288428 | 302268 | 317780 |
| Accumulated Depreciation, Total | -147464 | -157930 | -163549 | -173819 | -184904 | -190201 |
| Goodwill, Net | 27205 | 29172 | 24614 | 24389 | 24773 | 28603 |
| Intangibles, Net | 95570 | 98664 | 103905 | 104557 | 105510 | 159296 |
| Long Term Investments | 1110 | 1039 | 671 | 558 | 589 | 1061 |
| Other Long Term Assets, Total | 9149 | 9787 | 11471 | 9839 | 13447 | 13134 |
| Total Current Liabilities | 30340 | 33037 | 37930 | 44868 | 39660 | 47160 |
| Accounts Payable | 7084 | 7063 | 7232 | 7725 | 6667 | 8040 |
| Accrued Expenses | 10993 | 12686 | 13786 | 15571 | 16044 | 19028 |
| Notes Payable/Short Term Debt | 168 | 150 | 150 | 0 | 320 | 0 |
| Current Port. of LT Debt/Capital Leases | 2477 | 3303 | 7040 | 10777 | 5569 | 7443 |
| Other Current Liabilities, Total | 9618 | 9835 | 9722 | 10795 | 11060 | 12649 |
| Total Liabilities | 221656 | 214047 | 211684 | 230332 | 248639 | 284806 |
| Total Long Term Debt | 105433 | 113642 | 105873 | 100712 | 123173 | 143425 |
| Long Term Debt | 104818 | 113004 | 105284 | 99932 | 122257 | 142500 |
| Capital Lease Obligations | 615 | 638 | 589 | 780 | 916 | 925 |
| Deferred Income Tax | 45964 | 31232 | 33795 | 34703 | 35711 | 40685 |
| Minority Interest | 1508 | 1591 | 1565 | 1440 | 1430 | 1410 |
| Other Liabilities, Total | 38411 | 34545 | 32521 | 48609 | 48665 | 52126 |
| Total Equity | 22524 | 43096 | 53145 | 61395 | 67842 | 81790 |
| Common Stock | 424 | 424 | 429 | 429 | 429 | 429 |
| Additional Paid-In Capital | 11182 | 11101 | 13437 | 13419 | 13404 | 13861 |
| Retained Earnings (Accumulated Deficit) | 15059 | 35635 | 43542 | 53147 | 60464 | 71993 |
| Treasury Stock - Common | -7263 | -7139 | -6986 | -6820 | -6719 | -4104 |
| ESOP Debt Guarantee | 449 | 416 | 353 | 222 | 335 | 538 |
| Unrealized Gain (Loss) | 46 | 32 | 20 | 27 | 25 | 16 |
| Other Equity, Total | 2627 | 2627 | 2350 | 971 | -96 | -943 |
| Total Liabilities & Shareholders’ Equity | 244180 | 257143 | 264829 | 291727 | 316481 | 366596 |
| Total Common Shares Outstanding | 4076.73 | 4079.48 | 4132.03 | 4135.83 | 4138.13 | 4197.8 |
| Note Receivable - Long Term | 246 | 302 | 204 | 195 | ||
| Preferred Stock - Non Redeemable, Net | 0 | 0 | 0 | 0 |
| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | |
|---|---|---|---|---|---|
| Total Current Assets | 39647 | 35626 | 40277 | 36728 | 35580 |
| Cash and Short Term Investments | 10205 | 4657 | 9936 | 2921 | 1661 |
| Cash & Equivalents | 10205 | 4657 | 9936 | 2921 | 1661 |
| Total Receivables, Net | 23236 | 22029 | 22896 | 24585 | 24335 |
| Accounts Receivable - Trade, Net | 23236 | 22029 | 22896 | 24585 | 24335 |
| Total Inventory | 1303 | 1421 | 2303 | 3055 | 3659 |
| Prepaid Expenses | 1297 | 4072 | 1702 | 2641 | 2041 |
| Other Current Assets, Total | 3606 | 3447 | 3440 | 3526 | 3884 |
| Total Assets | 345573 | 349190 | 353457 | 366596 | 365716 |
| Property/Plant/Equipment, Total - Net | 117191 | 122382 | 123725 | 127579 | 127337 |
| Property/Plant/Equipment, Total - Gross | 282742 | 283654 | 287421 | 289897 | 292568 |
| Accumulated Depreciation, Total | -187866 | -189452 | -191665 | -190201 | -192725 |
| Goodwill, Net | 24837 | 24915 | 24887 | 28603 | 28629 |
| Intangibles, Net | 107316 | 105036 | 152789 | 159296 | 159515 |
| Long Term Investments | 555 | 560 | 1100 | 1061 | 1074 |
| Note Receivable - Long Term | 194 | 200 | 177 | 195 | 189 |
| Other Long Term Assets, Total | 55833 | 60471 | 10502 | 13134 | 13392 |
| Total Current Liabilities | 38730 | 40078 | 41358 | 47160 | 46585 |
| Payable/Accrued | 17219 | 17328 | 20153 | 24833 | 18169 |
| Accrued Expenses | 3536 | 3881 | 3606 | 3859 | 3847 |
| Notes Payable/Short Term Debt | 0 | 0 | 0 | 0 | 0 |
| Current Port. of LT Debt/Capital Leases | 8802 | 7023 | 7623 | 7443 | 13421 |
| Other Current Liabilities, Total | 9173 | 11846 | 9976 | 11025 | 11148 |
| Total Liabilities | 274341 | 275506 | 276413 | 284806 | 281954 |
| Total Long Term Debt | 149700 | 144894 | 143352 | 143425 | 139961 |
| Long Term Debt | 149700 | 143996 | 142444 | 143425 | 139961 |
| Deferred Income Tax | 36747 | 37534 | 38481 | 40685 | 41341 |
| Minority Interest | 1451 | 1428 | 1445 | 1410 | 1413 |
| Other Liabilities, Total | 47713 | 51572 | 51777 | 52126 | 52654 |
| Total Equity | 71232 | 73684 | 77044 | 81790 | 83762 |
| Common Stock | 429 | 429 | 429 | 429 | 429 |
| Additional Paid-In Capital | 13408 | 13403 | 13402 | 13861 | 13874 |
| Retained Earnings (Accumulated Deficit) | 63107 | 66310 | 70062 | 71993 | 73891 |
| Treasury Stock - Common | -6634 | -6632 | -6630 | -4104 | -4023 |
| ESOP Debt Guarantee | 282 | 408 | 490 | 538 | 497 |
| Unrealized Gain (Loss) | 20 | 20 | 20 | 16 | -2 |
| Other Equity, Total | 620 | -254 | -729 | -943 | -904 |
| Total Liabilities & Shareholders’ Equity | 345573 | 349190 | 353457 | 366596 | 365716 |
| Total Common Shares Outstanding | 4140.07 | 4140.12 | 4140.16 | 4197.8 | 4199.64 |
| Capital Lease Obligations | 898 | 908 | |||
| Preferred Stock - Non Redeemable, Net | 0 | 0 | 0 | 0 |
- Annual
- Quarterly
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Net income/Starting Line | 13608 | 30550 | 16039 | 19788 | 18348 | 22618 |
| Cash From Operating Activities | 21689 | 24318 | 34339 | 35746 | 41768 | 39539 |
| Cash From Operating Activities | 15928 | 16954 | 17403 | 16682 | 16720 | 16206 |
| Deferred Taxes | -1063 | -14463 | 389 | 1232 | 1553 | 4264 |
| Non-Cash Items | 3256 | -50 | 3145 | 1658 | 2311 | -2566 |
| Cash Taxes Paid | 9577 | 4432 | 2213 | 3583 | 2725 | 3040 |
| Cash Interest Paid | 4085 | 4369 | 4408 | 4714 | 4420 | 3435 |
| Changes in Working Capital | -10040 | -8673 | -2637 | -3614 | 2836 | -983 |
| Cash From Investing Activities | -9874 | -18456 | -17934 | -17581 | -23512 | -67153 |
| Capital Expenditures | -17593 | -17830 | -18087 | -18837 | -20318 | -67882 |
| Other Investing Cash Flow Items, Total | 7719 | -626 | 153 | 1256 | -3194 | 729 |
| Cash From Financing Activities | -13376 | -6151 | -15377 | -18164 | 1325 | 8277 |
| Financing Cash Flow Items | -765 | -670 | -893 | -2917 | -2712 | -3832 |
| Total Cash Dividends Paid | -9262 | -9472 | -9772 | -10016 | -10232 | -10445 |
| Issuance (Retirement) of Debt, Net | -3349 | 3991 | -4712 | -5231 | 14269 | 22554 |
| Net Change in Cash | -1561 | -289 | 1028 | 1 | 19581 | -19337 |
| Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | |
|---|---|---|---|---|---|
| Net income/Starting Line | 5378 | 11327 | 17881 | 22618 | 4711 |
| Cash From Operating Activities | 9694 | 20438 | 31162 | 39539 | 6821 |
| Cash From Operating Activities | 4174 | 8194 | 12155 | 16206 | 4236 |
| Deferred Taxes | 762 | 1978 | 2970 | 4264 | 627 |
| Non-Cash Items | -10 | -1385 | -1292 | -2566 | 125 |
| Changes in Working Capital | -610 | 324 | -552 | -983 | -2878 |
| Cash From Investing Activities | -49653 | -54401 | -57018 | -67153 | -7995 |
| Capital Expenditures | -49277 | -53994 | -60888 | -67882 | -7659 |
| Other Investing Cash Flow Items, Total | -376 | -407 | 3870 | 729 | -336 |
| Cash From Financing Activities | 27956 | 16550 | 13469 | 8277 | 245 |
| Financing Cash Flow Items | -792 | -1839 | -2120 | -3832 | 3956 |
| Total Cash Dividends Paid | -2601 | -5198 | -7797 | -10445 | -2654 |
| Issuance (Retirement) of Debt, Net | 31349 | 23587 | 23386 | 22554 | -1057 |
| Net Change in Cash | -12003 | -17413 | -12387 | -19337 | -929 |
| Investor Name | Investor Type | Percent Outstanding | Shares Held | Shares change | Holdings Date | Turnover Rating |
|---|---|---|---|---|---|---|
| The Vanguard Group, Inc. | Investment Advisor/Hedge Fund | 8.2766 | 347615894 | 3823445 | 2022-09-30 | LOW |
| BlackRock Institutional Trust Company, N.A. | Investment Advisor | 5.1065 | 214471320 | 7018226 | 2022-09-30 | LOW |
| State Street Global Advisors (US) | Investment Advisor/Hedge Fund | 3.9292 | 165028281 | 1298454 | 2022-09-30 | LOW |
| Geode Capital Management, L.L.C. | Investment Advisor/Hedge Fund | 1.8838 | 79119876 | 1331397 | 2022-09-30 | LOW |
| Charles Schwab Investment Management, Inc. | Investment Advisor | 1.7545 | 73687365 | 9909795 | 2022-09-30 | LOW |
| Fidelity Management & Research Company LLC | Investment Advisor | 1.0261 | 43096261 | 2221439 | 2022-09-30 | LOW |
| Capital World Investors | Investment Advisor | 1.0035 | 42147666 | -2551268 | 2022-09-30 | LOW |
| Morgan Stanley Smith Barney LLC | Investment Advisor | 0.893 | 37507434 | -524839 | 2022-09-30 | LOW |
| JP Morgan Asset Management | Investment Advisor | 0.8854 | 37186509 | 4730 | 2022-09-30 | LOW |
| Dimensional Fund Advisors, L.P. | Investment Advisor/Hedge Fund | 0.8666 | 36396520 | 3714605 | 2022-09-30 | LOW |
| Norges Bank Investment Management (NBIM) | Sovereign Wealth Fund | 0.8637 | 36276315 | -819266 | 2021-12-31 | LOW |
| BofA Global Research (US) | Research Firm | 0.8512 | 35748758 | -1864133 | 2022-09-30 | LOW |
| Managed Account Advisors LLC | Investment Advisor | 0.8384 | 35211558 | -2048908 | 2022-09-30 | LOW |
| Northern Trust Investments, Inc. | Investment Advisor/Hedge Fund | 0.7319 | 30740869 | -401912 | 2022-09-30 | LOW |
| Legal & General Investment Management Ltd. | Investment Advisor/Hedge Fund | 0.7317 | 30733009 | -843096 | 2022-09-30 | LOW |
| Capital Research Global Investors | Investment Advisor | 0.6643 | 27902586 | 1506623 | 2022-09-30 | LOW |
| California Public Employees' Retirement System | Pension Fund | 0.645 | 27089902 | -416103 | 2022-09-30 | LOW |
| Columbia Threadneedle Investments (US) | Investment Advisor/Hedge Fund | 0.6301 | 26465059 | -666439 | 2022-09-30 | LOW |
| BlackRock Asset Management Ireland Limited | Investment Advisor | 0.6001 | 25203421 | -53220 | 2022-09-30 | LOW |
| Mellon Investments Corporation | Investment Advisor/Hedge Fund | 0.5193 | 21812082 | 321257 | 2022-09-30 | LOW |
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Verizon Company profile
What is Verizon Communications?
Verizon Communications is one of the leading communication technology companies that provides innovative digital products and services to customers around the globe. The company transforms how people, businesses and things connect with each other.
What is the history of Verizon Communications?
Verizon dates back to 1877 and the founding of the Bell Telephone Company. In 1885, the company was incorporated under the name the American Telephone and Telegraph Company (AT&T). A name which it remained under until 1983 when it was split into 7 smaller regional companies.
As a result, Bell Atlantic, the company that would later merge with the General Telephone and Electronics Company (GTE), was incorporated and in 2000 they created Verizon Communications.
Since then the company has developed undertaking a number of mergers, acquisitions, divestments and partnerships, including such large names as Yahoo!, XO Communications, Fleetmatics, AOL, intel media assets, among others.
What does Verizon Communications do?
“Verizon transforms how people, businesses and things connect with each other.”
The company does this through 6 key sectors.
The Wireless Network section focuses on the roll out of 4G, 5G technologies and wireless data. In 2015 the company invested $11 million in this sector.
Broadband & Fiber focuses on the provision of 100% fiber optic broadband services to their customers.
Media & Technology (aka content and advertising) seeks to build brands people love. By forming Oath, a division born as a result of the AOL, Yahoo! and Verizon mergers, the section is home to more than 50 media and technology brands who target over 1 billion people worldwide.
The Internet of Things division looks at ‘connecting everything for a better tomorrow’, this section works to bring connected solutions to all areas of life.
Managed Security places its focus on digital security and protection from cyberattacks. Boasting 20+ years of experience, this department works to strengthen the defences against cybercrime.
The Innovation Program works with businesses and entrepreneurs to bring their ‘nontraditional connected solutions to market’. With a network 400+ members, the company focuses on the integration of wireless technology.
Who are Verizon’s main competitors?
As one of the largest names in the tech communications sector, Verizon has some tough competitors. AT&T Inc. is one of the foremost names in the list with China Mobile Ltd and the Nippon Telegraph & Telephone company following not far behind.
How does Verizon’s business look in numbers?
Boasting a total Annual revenue of $126 billion in 2016, with $9.3 billion in dividends paid in that same year, Verizon takes its place as number 14 in Fortune’s rankings.
Verizon’s headquarters and Board of Directors are located in New York City, with Executive leadership and Corporate Functions based in Basking Ridge, New Jersey. In total, Verizon is present in 150 locations worldwide, with a primary focus on the USA, the company employs 160, 100 people across their sites.
Where is Verizon traded?
Verizon is traded under the ticker VZ on the New York Stock Exchange (NYSE), it is a component of the DJIA, S&P 100 and the S&P 500.
| Industry: | Integrated Telecommunications Services (NEC) |
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