ICTJul 16, 2026

Verizon Communications

Company Profile Analysis

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Year Founded & Workforce

1982-12-31

160,900 Employees

Industry

ICT

Services

Verizon Communications Overview

Company Headquarters: US

Founded: 1983

Workforce: ~ 160,900

Company Overview: Verizon Communications Inc., formerly known as Bell Atlantic Corporation (Bell Atlantic), operates on large and advanced telecommunications network in the US and around the world to provide several services and solutions to its customers. The company provides wireless transmission and Internet services, wireline, and fiber. It offers exchange media transmission services and exchange access services. The exchange broadcast telecommunications services include private and business services and local private line voice & information services. The company provides long distance services and FiOS TV services for residential and small business subscribers. The company has upgraded the previous version of a paternal control application and name its Verizon Smart Family; this app allows parents to monitor the activities of children and restrict the access to sensitive content over the Internet.

Strategy

Verizon Communications is mainly focused on delivering strong operating and financial results, wide consumer base, and strong free cash flows. The company continues to focus on investments to create value for shareowners by strategic acquisitions. The company also invests in emerging technologies such as high-speed fiber and 5G, driving innovation which helps to gain profitable growth in the new areas of the market. The company focuses on improving customer experience through better distribution channels and competitive pricing.

Company Snapshot

$131.6M

Revenue

160,900

Employees

1982-12-31

Founded

Headquarters

SWOT Analysis

Strengths

Extensive wireless network
FiOS generating revenue in the consumer segment
Strong business performance of Wireline and Corporate business segment
Focus on competitive market practices
Strategic acquisition
Focus on research and development

Weaknesses

Substantial debt
Financial losses

Opportunities

Introduction of 5G network
Increasing adoption of cloud computing services
Strategic acquisitions
5G network expansion
Fast growing narrowband IoT market

Threats

Intense competition
Rapid changes in technology
Stringent regulatory environment
Technological changes
Increased domestic cpmpetition
Change in corporate tax rate

Product Offering

Verizon Communications
- Connectivity Services
- Media and Entertainment

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Verizon Communications as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Verizon Communications

Company Headquarters: US Founded: 1983 Workforce: ~ 160,900 Company Overview: Verizon Communications Inc., formerly known as Bell Atlantic Corporation (Bell Atlantic), operates on large and advanced telecommunications network in the US and around the world to provide several services and solutions to its customers. The company provides wireless transmission and Internet services, wireline, and fiber. It offers exchange media transmission services and exchange access services. The exchange broadcast telecommunications services include private and business services and local private line voice & information services. The company provides long distance services and FiOS TV services for residential and small business subscribers. The company has upgraded the previous version of a paternal control application and name its Verizon Smart Family; this app allows parents to monitor the activities of children and restrict the access to sensitive content over the Internet.

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