What is Verizon?
Large U.S. wireless and broadband carrier selling mobility, fixed wireless, fiber, enterprise networking, security, and managed services.
- Category
- Telecommunications
- Headquarters
- New York, NY
- Founded
- 2000
- Employees
- About 100,000
- Total funding
- Public company; no current VC funding
- Status
- NYSE/Nasdaq: VZ
What is Verizon?
Verizon is a public telecommunications company headquartered in New York, NY. Large U.S. wireless and broadband carrier selling mobility, fixed wireless, fiber, enterprise networking, security, and managed services.
Verizon operates at enterprise scale, with $138.2B 2025 revenue, About 100,000 employees, and a public-market profile of NYSE/Nasdaq: VZ. Its operating model is built around Verizon Wireless, myPlan and device financing, Fios, 5G Home Internet, and adjacent growth areas such as Verizon Business, Private 5G and MEC, Network security, IoT and fleet services.
The company is important for sellers because it has national or global buying power, formal procurement, mature security and finance review, and large operational teams. The best entry points usually map to revenue growth, customer experience, labor productivity, supply-chain resilience, data, digital conversion, or cost reduction.
As of June 2026, the profile should be read as a current public-company account dossier rather than a startup funding page. Current leadership, recent revenue, public status, headquarters, office footprint, and technology signals are drawn from investor materials, official leadership pages, career pages, and public filings.
What does Verizon offer?
Verizon offers Verizon Wireless, myPlan and device financing, Fios, 5G Home Internet, Verizon Business, and related services or platforms.
- Verizon Wireless· Mobility
- myPlan and device financing· Consumer
- Fios· Fiber broadband
- 5G Home Internet· Fixed wireless
- Verizon Business· Enterprise
- Private 5G and MEC· Enterprise network
- Network security· Security
- IoT and fleet services· Enterprise
How does Verizon make money?
Verizon makes money from recurring wireless service, broadband, enterprise networking, device sales, managed services, public-sector contracts, and wholesale access.
Verizon makes money from recurring wireless service, broadband, enterprise networking, device sales, managed services, public-sector contracts, and wholesale access. The economic model is recurring or repeat-purchase in the areas where customers come back frequently, and project, event, campaign, or merchandise-margin driven in the areas where spending is more episodic.
Consumer plans are monthly subscription bundles with device, line, and perk choices; Fios and fixed wireless are speed-tier subscriptions; enterprise services are generally quoted contracts. Public filings and investor releases therefore describe revenue by segment, banner, product family, geography, or service type rather than a simple SaaS-style price sheet.
Growth depends on execution at scale: pricing, retention, traffic, digital conversion, supply, network or store productivity, vendor terms, brand strength, and capital allocation. For vendors, the strongest business case ties directly to measurable lift in revenue, margin, labor efficiency, asset utilization, customer satisfaction, compliance, or risk reduction.
Who leads Verizon?
Verizon is led by Dan H. Schulman with senior executives responsible for finance, technology, operations, commercial strategy, and category or segment performance.
- Dan H. SchulmanChief Executive OfficerCEO in 2026Leads Verizon's consumer, business, network, and capital allocation priorities.
- Tony SkiadasChief Financial OfficerCFO since 2023Owns financial strategy, reporting, and capital allocation.
- Sowmyanarayan SampathCEO, Verizon ConsumerConsumer CEO since 2023Runs the core consumer wireless and broadband business.
- Kyle MaladyCEO, Verizon BusinessBusiness CEO since 2023Leads enterprise, public sector, and wholesale connectivity.
How do you contact Verizon's leadership?
Verizon publishes official investor, media, or corporate contact routes, but this profile does not treat guessed personal executive addresses as verified. Use the public channel below or route through the relevant procurement, investor, media, or partner page.
investor.relations@verizon.com is public; personal executive email format not verifiedHow much funding has Verizon raised?
Verizon is a mature public company, not a current venture-backed private company: NYSE/Nasdaq: VZ.
Verizon's capital profile is best understood through public-market status, operating cash flow, debt capacity, dividends or repurchases where applicable, acquisitions and divestitures, and ongoing investment in the operating platform. The current status is NYSE/Nasdaq: VZ, with $138.2B 2025 revenue providing the scale context.
Unlike startup profiles, there is no meaningful current VC round table to enumerate. The relevant capital milestones are public listings, major mergers or acquisitions, portfolio changes, buybacks, dividends, debt financing, and strategic reinvestment.
Seller signal: Verizon can fund large programs when the business case is tied to current executive priorities. Expect mature procurement, legal, privacy, information security, finance, and business-unit review, and be ready to quantify impact on growth, retention, cost, productivity, customer experience, or risk.
How did Verizon get here?
Verizon reached its current scale through founding-era expansion, public-market access, operational execution, and major strategic milestones.
- 2000Verizon formedBell Atlantic and GTE combine to create Verizon.
- 2004Dow Jones additionVerizon joins major public-market indexes as a telecom bellwether.
- 2015AOL acquisitionVerizon expands digital media and advertising, a strategy later unwound.
- 2017Yahoo acquisitionVerizon adds Yahoo assets before later selling most media assets.
- 2025$138.2B revenueVerizon reports $138.2 billion of 2025 operating revenue and $20.1 billion of free cash flow.
- 2026Dan Schulman CEO eraVerizon investor materials list Dan Schulman as CEO.
Who are Verizon's competitors?
Verizon competes with large public and private companies across its core category, adjacent channels, and digital or platform substitutes.
- AT&TCompetes in national wireless, fiber, enterprise networking, and public safety connectivity.
- T-Mobile USCompetes on wireless growth, pricing, network perception, and fixed wireless broadband.
- ComcastCompetes in home broadband, mobile, business connectivity, and converged bundles.
- Charter CommunicationsCompetes through Spectrum broadband, mobile, and SMB connectivity.
- Lumen TechnologiesCompetes in enterprise fiber, WAN, edge, and network services.
Verizon — frequently asked questions
