Verizon Communications Inc
- Industry
- Telecom Carriers
- Exchange
- US
- Country
- USA
- IPO date
- Jul 23, 2000
- Employees
- 99,600
- Website
- www.verizon.com
Composite valuation range · conservative $40–$46 / fair $46–$58 / optimistic $58–$68. At $47.32, Within the fair intrinsic-value range.
At publication $48.35 (May 25, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smartwatches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA and wireline broadband, advanced communication services, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company distributes its products and services through direct channels, company-operated stores, digital and omnichannel platforms, indirect agents, business solution resellers, and national retailers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
History
Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000, with an IPO date of July 23, 2000. In early 2026, under new CEO Dan Schulman, Verizon completed its acquisition of Frontier, paying about $9.4 billion in cash for total consideration of roughly $22.3 billion, extending its fiber footprint to 31 states and Washington D.C. and over 30 million homes and businesses.
Industry position
Verizon is one of the mature wireless and broadband leaders in the United States, operating in two segments, Verizon Consumer Group and Verizon Business Group, with about 99,600 employees and 2025 total revenue of $138.191 billion. As of the end of the first quarter of 2026, it had roughly 93.92 million retail postpaid phone connections and about 16.76 million broadband connections. In its 10-K, the company describes the telecommunications industry as highly competitive and lists AT&T, T-Mobile, Comcast, and Charter among its main competitors, while holding a large spectrum portfolio including C-Band and millimeter wave.
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