Verizon

Verizon is a telecommunications and media company that provides wireless internet, network services and information to businesses and consumers. Read more

108,774 Followers on Owler
108,774 Followers on Owler
108,774 Followers on Owler
108,774 Followers on Owler

Verizon

Verizon is a telecommunications and media company that provides wireless internet, network services and information to businesses and consumers. Read more

Hans Vestberg's photo - Chairman & CEO of Verizon

Chairman & CEO

Hans Vestberg

CEO Approval Rating

85/100

Founded:

1983

Status:

PublicIndependent CompanyNYSEVZ

VERIZON TOP COMPETITORS OR ALTERNATIVES

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AT&T has been one of Verizon's top competitors. AT&T was founded in 1876, and is headquartered in Dallas, Texas. AT&T competes in the Telecommunications Equipment industry. AT&T generates $76.3B more revenue vs. Verizon.

T-Mobile is a top competitor of Verizon. T-Mobile is a Public company that was founded in Bellevue, Washington in 1994. Like Verizon, T-Mobile also competes in the Telecommunication Services industry. T-Mobile has 69,500 fewer employees vs. Verizon.

Cox Communications is perceived as one of Verizon's biggest rivals. Cox Communications was founded in 1962, and its headquarters is in Atlanta, Georgia. Like Verizon, Cox Communications also operates in the Telecommunication Services field. Cox Communications has 126,500 fewer employees than Verizon.

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Verizon Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$96.7B

Verizon's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 35.6B. Over the last four quarters, Verizon's revenue has grown by 7.9%. Specifically, in Q1 2021's revenue was $32.9B; in Q4 2020, it was $34.7B; in Q3 2020, it was $31.5B; in Q2 2020, Verizon's revenue was $30.4B.

Verizon Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Triangle Mobile

Mar 2021

Source »
undisclosed
Triangle is a telecommunication firm that provides smartphones, cell phone plans, SMS and data recharge services.
Incubed IT GmbH

Feb 2021

Source »
undisclosed
Incubed IT is an autonomous software platform that offers navigation, localization and fleet management solutions for mobile robots.
TracFone Wireless, Inc.

Sep 2020

Source »
$6.3B
TracFone is a mobile telecommunication company that provides prepaid wireless services for commercial and residential sectors.
Blue Jeans Network, Inc.

Apr 2020

Source »
$400M
BlueJeans develops a cloud-based video calling platform that enables users to connect with laptops, mobile devices and conferencing platforms.
Jaunt, Inc.

Sep 2019

Source »
undisclosed
Jaunt XR develops technology that uses artificial intelligence and machine learning to create volumetric video for the immersive industry.

These are all the companies that Verizon has acquired. Verizon has acquired 33 companies and its latest acquisition was Triangle Mobile in Mar 2021. Triangle is a telecommunication firm that provides smartphones, cell phone plans, SMS and data recharge services.

Verizon Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Dec 1983
--
-

Since Verizon was founded in 1983, it has participated in 1 round of funding. In total Verizon has raised $0. Verizon's funding round was on Dec 1983 for a total of $0

Verizon Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Generation is a District of Columbia-based nonprofit organization that provides employment and related services for students.
$77M
Feb 10, 2021
Corporate Round
-
Renovo Motors develops a self-driving software that offers data analytics and automotive-grade safety solutions.
$10M
Apr 29, 2017
Equity
May 01, 2017
Awesomeness is a media and entertainment company that offers digital content such as videos and news for younger audiences.
$159M
Apr 05, 2016
Equity
Jul 01, 2018

These are all the companies that Verizon has invested in. Verizon has invested 33 companies and its latest investment was Triangle Mobile in Mar 2021. Triangle is a telecommunication firm that provides smartphones, cell phone plans, SMS and data recharge services.

Verizon News

May 17, 2021Geospatial World

Verizon Connect introduces new device to track and manage high-value equipment

For businesses that manage and maintain equipment in the field, the ability to remotely locate and mo... See more »
May 15, 2021PhoneArena

Enter right now to get a shot at winning a Samsung Galaxy S21 Ultra 5G from Verizon

Verizon's Network of Appreciation Sweepstakes has three entry period remaining which means that you a... See more »
May 15, 2021Law 360

Verizon Wants Out Of Call Center Workers' Bias, Pension Suit

Verizon urged a Manhattan federal judge Friday to throw out a swath of collective action and individu... See more »
May 14, 2021Android Police

Samsung's April patch is rolling out to Verizon tablets and other US models - here's the complete list

Our up-to-date list of all Samsung phones on the April patch in the USUpdate New devicesWe may be sol... See more »
May 14, 2021IT World Canada

The bulk of data breaches have a human element, says Verizon report

The annual Data Breach Investigation Report delves deeply into the factors involved in thousands of s... See more »
May 14, 2021Droid Life

Verizon, AT&T Galaxy S20 and S21 Lines Get May Security Patch

May's security patch is headed out to owners of the Galaxy S20 and Galaxy S21 devices on Verizon, whi... See more »
May 14, 2021MarketScreener

Verizon to redeem select Verizon InterNotes due 2024-2037

(marketscreener.com) NEW YORK, May 14, 2021 -- Verizon Communications Inc. today announced that it wi... See more »

Verizon Blogs

July 30, 2015Wireless Sales/verizon Wireless Premium Retailer Blog

More Cities, More Towns: Verizon Expands XLTE to Six Additional Markets to Provide a Superior Customer Experience

XLTE gives more to Verizon Wireless customers by taking advantage of AWS spectrum to add capacity to ... See more »
July 30, 2015Wireless Sales/verizon Wireless Premium Retailer Blog

Verizon's First Response to Alaskan Wildfires

In the midst of record-setting Alaskan wildfires, the Verizon Crisis Response Team (VCRT) has activat... See more »
July 6, 2015Wireless Sales/verizon Wireless Premium Retailer Blog

Super Bowl 50 Host Committee Plants Roots in San Francisco Verizon and Super Bowl 50 create a "green" legacy for the Bay Area with the first of many tree planting projects

San Francisco has one of the lowest tree canopy percentages of all major urban areas in the U.S., but... See more »
June 18, 2015Wireless Sales/verizon Wireless Premium Retailer Blog

How to Use Tech to Make DIY Father's Day Gifts

Father's Day is coming up, and instead of just reaching for a new pair of socks or box of macaroni, w... See more »
May 8, 2015VERIZON WIRELESS BLOG

Verizon Community - Forums and Blogs

May 8, 2015VERIZON WIRELESS BLOG

Welcome to Wireless Support

Verizon Press Releases

May 5, 2021Business Wire

Goodie Nation Announces Intentionally Good MarCom Mini-Accelerator Powered by Verizon

ATLANTA--(BUSINESS WIRE)--Non-profit leader Goodie Nation announces the Intentionally Good MarCom Min... See more »
May 5, 2021PR Newswire

Laliga North America And Verizon Create First-Of-Its-Kind Gaming Platform

NEW YORK, May 5, 2021 /PRNewswire/ -- LaLiga North America and Verizon announced today that it will l... See more »
May 4, 2021StreetInsider

Verizon Customers Rewarded in VZ Stock Spend 42% More, Show 89% Retention Rate

PORTLAND, Ore., May 4, 2021 /PRNewswire/ --Â Today Bumped the...... See more »
May 3, 2021WebProNews

GE Partners Uses Verizon 5G to Power Cross-Industry Testbed

WebProNewsGE Partners Uses Verizon 5G to Power Cross-Industry TestbedGE and Verizon have partnered to... See more »
April 30, 2021GlobalNewswire

Verizon releases its first-ever Human Capital Report

Verizon details how it retains, trains and builds a workforce ready for the future Verizon details ho... See more »
April 29, 2021GlobeNewswire

Verizon to offer new iPad Pro featuring breakthrough M1 chip and ultra-fast 5G

BASKING RIDGE, N.J., April 29, 2021 (GLOBE NEWSWIRE) -- Verizon will offer the latest products from A... See more »

Verizon Videos

Social Media

Verizon Headquarters

1095 Avenue of the Americas

New York, New York10036

1-212-395-1000

Driving Directions »

Trending Companies

Verizon Summary

ABOUT

Overview

Verizon Communications (NYSE, VZ) is a broadband and telecommunications firm that provides communication and entertainment products and services to businesses and government. As of September 2014, Verizon is the largest US wireless communication servi...

CEO

Verizon's Chairman & CEO, Hans Vestberg, currently has an approval rating of 85%. Verizon's primary competitors are AT&T, T-Mobile & Cox Communications.

Website

verizon.com

Frequently Asked Questions about Verizon

  1. When was Verizon founded?

    Verizon was founded in 1983
  2. Who is Verizon's CEO?

    Verizon's CEO is Hans Vestberg
  3. How much revenue does Verizon generate?

    Verizon generates $96.7B in revenue
  4. How much funding does Verizon have?

    Verizon has historically raised $0 in funding
  5. Where is Verizon's headquarters?

    Verizon's headquarters is in New York New York, USA
  1. How many employees does Verizon have?

    Verizon has 144,500 employees
  2. What sector does Verizon operate in?

    Verizon is in Telecommunication Services
  3. Who are Verizon's competitors?

    Verizon's top competitors are AT&T, T-Mobile, Cox Communications
  4. Who has Verizon invested in?

    Verizon's has invested in companies such as Generation, Renovo Motors, AwesomenessTV