Verizon

Company Snapshot

Founded: 2000
Entity Type: Public
Employees: 99,600
Revenue: $134,788.0 Millions
Revenue Year: 2024
Headquarter: U.S.
Key Geographics: North America, Asia-Pacific, Europe, Middle East and India
Corporate Address: 1095 Avenue of the Americas New York, NY 10036 U.S. Tel: +1 212-395-1000 Web: www.verizon.com

Company Overview

Verizon Communications Inc. provides communications, technology, information and entertainment products and services to businesses, consumers, and government agencies. The company offers voice, data, and video services and solutions through its wireless and wireline networks. It provides wireless and wireline communications services and products such as corporate networking solutions, data center and cloud services, security and managed network services, and local and long-distance voice services. It also offers network access to deliver Internet of Things (IoT) services and products. Verizon serves small and medium global enterprises, the public sector, and wholesale businesses. The company has a business presence in the Americas, Europe, the Middle East, Africa, and Asia-Pacific.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
Operating Income: ***

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Verizon In Reports

Global 6G Market: Emerging Opportunities

BCC Market Research Report for 6g market the report provides an overview of the global markets Using 2030 as the forecasted year, the report provides estimated market data for the forecast period 2031 through 2040.

Video On Demand: Solutions and Global Markets

BCC Research Market Report says video-on-demand is estimated to increase from $80.6 bln in 2022 to reach $170.9 bln by 2027, at a (CAGR) of 16.2% from 2022 through 2027.

Passenger Car Telematics: Global Market for Services and Solutions

BCC Research says global passenger car telematics market should reach $99.3 bln. by 2027 from $53.9 bln. in 2022 at a CAGR of 13.0% for forecast 2022-27.

Company's Business Segments

  • Verizon Consumer Group (Consumer) : This segment provides consumer-focused wireless and wireline communications services and products.
  • Verizon Business Group (Business) : This segment offers wireless and wireline communications products and services such as FWA broadband, data, video-conferencing, managed and security network services, corporate networking solutions, and network access to provide multiple IoT products and services.

Applications/End User Industries

  • Healthcare
  • Manufacturing
  • Retail
  • Media and Entertainment
  • Financial Services
  • Automotive
  • Construction
  • Utilities
  • Energy