Verizon Communications

Verizon Communications Inc. is an American telecommunications company headquartered in New York City. Founded in 2000 through the merger of Bell Atlantic and GTE Corporation, Verizon provides wireless service, broadband Internet, and related communications services to consumers, businesses, and institutional customers in the United States and select international markets. The company is the world's second-largest telecommunications company by revenue and operates the largest wireless carrier in the United States, with 146.8 million subscribers as of March 31, 2026.

Verizon operates two main business segments: Verizon Consumer Group and Verizon Business Group. The Consumer segment provides wireless services under the Verizon and TracFone brands, fixed wireless access (FWA) broadband, and wireline services in the Mid-Atlantic and Northeastern United States through its Verizon Fios fiber-optic network. With approximately 89,900 employees in 2026 and annual revenues of $138.19 billion in fiscal 2025, Verizon remains a cornerstone of U.S. telecommunications infrastructure.

Recent Leadership & Strategic Developments

Under CEO Dan Schulman's leadership, Verizon achieved record quarterly momentum in Q4 2025 with over one million net additions across mobility and broadband, marking its highest reported quarterly volume in six years. The January 2026 acquisition of Frontier accelerates the company's national convergence strategy, expanding fiber access to over 30 million homes and businesses. Mark Bertolini was elected as Independent Chair as part of the Board's commitment to best-in-class governance.