Welcome to our dedicated page for Verizon Communications news (Ticker: VZ), a resource for investors and traders seeking the latest updates and insights on Verizon Communications stock.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) is a leading multinational telecommunications conglomerate, headquartered in Midtown Manhattan, New York City. As a corporate component of the Dow Jones Industrial Average, Verizon offers a wide range of services including wireless communications, fixed-line telecom, and enterprise services.
Verizon’s wireless operations, serving approximately 93 million postpaid and 21 million prepaid phone customers, make up about 70% of its total service revenue. The company is the largest US wireless carrier known for its reliable nationwide network.
In fixed-line operations, Verizon serves around 29 million homes and businesses in the Northeast and provides high-speed internet services to about 8 million broadband customers. The company also offers telecom services to enterprise customers nationwide.
Recent achievements include partnerships with Houston Dynamo FC and the Houston Dash, enhancing fan experiences, and connecting fans to music at Festival La Onda by BottleRock® in Napa Valley, CA.
Financially, Verizon generated revenues of $134.0 billion in 2023, demonstrating its strong market presence and operational efficiency. The company is committed to innovation and customer satisfaction.
Verizon is actively engaged in social initiatives such as The Power Shift series with Johns Hopkins University, discussing AI in healthcare, and the Citizen Verizon program focusing on tech skills training for future jobs.
Verizon Business is introducing the Google Pixel 8a smartphone with advanced collaboration tools, robust security features, and AI technology to enhance business mobility for enterprise customers.
Verizon Communications Inc. remains at the forefront of the telecommunications industry, continually evolving to meet the demands of modern connectivity and innovation.