Company Verizon Communications

Equities

VZ

US92343V1044

Integrated Telecommunications Services

Delayed Nyse 04:00:02 2024-03-28 pm EDT 5-day change 1st Jan Change
41.96 USD +1.01% Intraday chart for Verizon Communications +3.50% +11.30%

Business Summary

Verizon Communications Inc. specializes in wireless and wireline telecommunications services. The group's activity is organized around 2 areas:

- mobile telecommunication services: mobile telephone services, data transmission, etc. operated in the Unites States via Verizon Wireless;

- wireline telecommunication services: local and long-distance telephone services, broadband Internet access, TV channels broadcasting, e-mailing, etc.

Net sales break down by customer between consumers (75.7%), businesses (22.4%) and other (1.9%).

Number of employees: 105,400

Sales per Business

USD in Million2022Weight2023Weight Delta
Consumer
75.9 %
103,506 75.6 % 101,626 75.9 % -1.82%
Business
22.5 %
31,072 22.7 % 30,122 22.5 % -3.06%
Corporate and Other
1.9 %
2,510 1.8 % 2,479 1.9 % -1.24%
Eliminations
-0.2 %
-253 -0.2 % -253 -0.2 % 0.00%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
136,835 100.0 % 133,974 100.0 % -2.09%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 17-04-02
Director of Finance/CFO 55 13-06-09
Chief Tech/Sci/R&D Officer - -
- -
Corporate Officer/Principal - 13-04-30
Corporate Officer/Principal - -
Corporate Officer/Principal - 01-12-31
Corporate Officer/Principal - -
Corporate Officer/Principal 56 05-05-31
Corporate Officer/Principal 47 21-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 05-12-31
Director/Board Member 63 20-10-01
Director/Board Member 66 18-09-05
Director/Board Member 56 21-06-30
Director/Board Member 62 19-05-01
Director/Board Member 67 19-12-31
Director/Board Member 61 13-11-30
Chief Executive Officer 58 17-04-02
Director/Board Member 69 10-03-04
Director/Board Member 61 11-11-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,291,445,440 4,202,365,925 ( 97.92 %) 87,172,997 ( 2.031 %) 97.92 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.326 %
350,050,212 8.326 % 14 009 M $
BlackRock Advisors LLC
6.363 %
267,516,928 6.363 % 10 706 M $
183,193,191 4.357 % 7 331 M $
Charles Schwab Investment Management, Inc.
2.212 %
93,005,087 2.212 % 3 722 M $
Geode Capital Management LLC
2.052 %
86,286,747 2.052 % 3 453 M $
Eaton Vance Management
1.876 %
78,860,243 1.876 % 3 156 M $
ishares (DE) Invag Mit Teilgesellschaftsvermogen
1.651 %
69,408,197 1.651 % 2 778 M $
Norges Bank (13F)
1.187 %
49,924,784 1.187 % 1 998 M $
Merrill Lynch International
0.9422 %
39,611,749 0.9422 % 1 585 M $
Legal & General Investment Management Ltd.
0.8916 %
37,483,223 0.8916 % 1 500 M $
NameEquities%Valuation
Caixa DTVM SA
0.001609 %
405,735 0.001609 % 3 M $
Itaú Unibanco SA
0.001411 %
355,980 0.001411 % 2 M $
Bram Bradesco Asset Management S/A DTVM
0.000245 %
61,886 0.000245 % 412 270 $
Safra Asset Management Ltda.
0.000142 %
35,900 0.000142 % 239 158 $
XP Allocation Asset Management Ltda.
0.000042 %
10,696 0.000042 % 71 254 $

Holdings

NameEquities%Valuation
173,264 0.00% 71,668,921 $
1,492,048 0.04% 59,711,761 $
68,652 0.00% 54,311,970 $
269,175 0.03% 54,271,064 $
236,600 0.00% 42,765,450 $
62,300 0.01% 30,751,280 $
158,600 0.14% 29,247,426 $
46,081 0.01% 27,783,157 $
51,000 0.00% 20,879,400 $
113,089 0.22% 20,519,999 $

Company contact information

Verizon Communications, Inc.

1095 Avenue of the Americas

10036, New York

+212 395 1000

http://www.verizon.com
address Verizon Communications(VZ)

Group companies

NameCategory and Sector
Investment Trusts/Mutual Funds
Specialty Telecommunications
Specialty Telecommunications
Verizon Belgium Luxembourg SA NV
Verizon Data Services India Pvt Ltd.
Verizon Spain SL
Specialty Telecommunications
Internet Software/Services
Information Technology Services