Verizon Communications

Telecommunications services including wireless and broadband

New York City, New York, United States

About Verizon Communications

Verizon Communications provides telecommunications services, including wireless communications, broadband internet, and digital television, primarily in the United States. The company offers subscription-based plans for mobile phone services, home internet, and digital TV, allowing customers to select options that suit their needs. Verizon is recognized for its reliable network coverage and advanced technology, including the rollout of 5G, which enhances internet speed and connectivity. Unlike many competitors, Verizon focuses on personalized customer experiences through programs like "myPlan," which tailors deals to individual preferences. The company's goal is to deliver essential communication services while continuously improving customer satisfaction and expanding its technological offerings.

New York City, New YorkHeadquarters
1983Year Founded
$11.9MTotal Funding
IPOCompany Stage
Enterprise Software, Consumer GoodsIndustries
10,001+Employees

Benefits

Hybrid Work Options
401(k) Company Match
Paid Vacation
Parental Leave
Adoption Assistance
Tuition Reimbursement

Risks

T-Mobile's aggressive 5G expansion threatens Verizon's market share.
Rising interest rates may impact Verizon's investment in network infrastructure.
Cord-cutting trends could reduce demand for Verizon's digital TV services.

Differentiation

Verizon's 5G deployment for the U.S. Air Force enhances its reputation for reliability.
Partnership with Nvidia integrates AI with 5G, showcasing cutting-edge technological innovation.
Verizon Frontline's solutions for public safety highlight its commitment to mission-critical communications.

Upsides

Growing demand for private 5G networks offers Verizon new enterprise opportunities.
AI-driven network management tools can optimize Verizon's network performance and reduce costs.
Expansion of IoT devices allows Verizon to offer integrated solutions, diversifying its portfolio.

Funding

Total raised$11.86 M
StageIPO
POST IPO DEBT
1/31/2024
$1.0 K
GRANT
6/30/2022
N/A
POST IPO EQUITY
1/31/2014
$21.3 K