Verizon Communications Inc.

Verizon Communications Inc. is an American telecommunications company headquartered in New York City, New York, with its corporate office at 1095 Avenue of the Americas and an operational headquarters in Basking Ridge, New Jersey. The company's core business revolves around powering and empowering its millions of customers by delivering mobility, reliable network connectivity, and security services.

Verizon offers a comprehensive suite of products and services, catering to both consumer and business markets through its Verizon Consumer Group and Verizon Business Group segments. Key offerings include mobile phones and wireless plans, broadband internet services such as Fios fiber optic internet and fixed wireless access, digital television, and various business solutions including IoT, security services, and managed network services.

In recent leadership changes, Dan Schulman was named Chief Executive Officer, succeeding Hans Vestberg, who will remain with the company until October 2026 to ensure a smooth transition. Verizon reported revenues of $138.2 billion in 2025. The company has shown positive momentum, achieving its first positive Q1 postpaid phone net additions since 2013 in the first quarter of 2026, a result attributed to investments in customer experience and operational efficiency. Verizon is also focused on cost savings, including through the implementation of artificial intelligence, with plans for further reductions beyond 2026.