About the Company
Verizon Communications Inc., commonly known as Verizon (), is an American multinational telecommunications conglomerate. The company is incorporated in Delaware, and headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City. Verizon's capital stock is a component of the Dow Jones Industrial Average. It is the world's second-largest telecommunications company by revenue. The company was formed in 1984 as Bell Atlantic as a result of the breakup of the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells." The company was originally headquartered in Philadelphia and operated in the states of New Jersey and Virginia. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country not already in Bell Atlantic's footprint. Bell Atlantic, the surviving entity, changed its name to Verizon, a portmanteau of veritas (Latin for "truth") and horizon. In 2015, Verizon expanded into content ownership by acquiring AOL, and two years later, it acquired Yahoo! Inc. AOL and Yahoo were amalgamated into a new division named Oath Inc., which was rebranded as Verizon Media in January 2019, and was spun off and rebranded to Yahoo after its sale to Apollo Global Management. As of 2016, Verizon is one of three remaining companies with roots in the former Baby Bells. The other two, like Verizon, exist as a result of mergers among fellow former Baby Bell members. SBC Communications bought the Bells' former parent AT&T Corporation and took on the AT&T name, and CenturyLink acquired Qwest (formerly US West) in 2011 and later became Lumen Technologies in 2020. Verizon's mobile network is the second-largest wireless carrier in the United States, with 144.8 million subscribers as of December 31, 2023. It also sells accessories and gear for mobiles and PCs.
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
Loading the fundamentals chart...
Latest $VZ News
Verizon Poised For Growth, Strategic Network Upgrades, Strong Momentum To Drive Future Success: Analyst
Timothy Horan maintained Outperform rating and $48 price target for Verizon due to strong momentum, network upgrades, and ...
Analysts Have Made A Financial Statement On Verizon Communications Inc.'s (NYSE:VZ) First-Quarter Report
The quarterly results for Verizon Communications Inc. ( NYSE:VZ ) were released last week, making it a good time ...
Verizon Stock Falls After Revenue Misses Expectations
Verizon Communications' revenue rose slightly last quarter as the company lost fewer postpaid phone connections than expected ...
Verizon Communications Inc. (NYSE:VZ) Q1 2024 Earnings Call Transcript
Q1 2024 Earnings Call April 22, 2024 Verizon Communications Inc. isn’t one of the 30 most popular stocks among hedge funds at ...
Verizon readies for 2024 wildfire season
As Wildfire Season approaches, our priority at Verizon is clear: keeping our communities safe and connected. We’re part of the fabric of the communities in which we live and work,” said Steven Keller, ...
Verizon Invokes The AI Warhead
Verizon Communications Inc.'s Q1 earnings revealed revenue below expectations, but strong customer growth and cost management ...
Verizon Communications Inc (VZ) reports drop in income and EPS for Q1 earnings
Verizon Communications Inc has announced its Q1 2024 earnings. The company Verizon saw a drop in income and EPS.
Verizon: Q1 Earnings Snapshot
NEW YORK — NEW YORK — Verizon Communications Inc. (VZ) on Monday reported first-quarter profit of $4.6 billion. The New York-based company said it had net income of $1.09 per share. Earnings, adjusted ...
Verizon Communications Inc VZ
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Verizon Communications Inc. (VZ) Reports Lower Income And EPS For Q1
Verizon Communications, the leading telecommunications company in the world, announced its Q1 2024 results have been released. While Verizon’s Q4 2023 results were an improvement over its ...
Detroit Lions Choose Verizon as their Official 5G Network
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Verizon today announced a new partnership with the Detroit Lions to be the “Official 5G Network of the Detroit Lions” and presenting sponsor of the ...
Loading the latest forecasts...