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Verizon Communications
- Verizon Communications became the sole owner in 2014 after buying Vodafone's 45-percent stake in the company.
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Verizon Communications Inc., commonly known as Verizon (/ v ə ˈ r aɪ z ən / və-RYE-zən), is an American multinational telecommunications conglomerate. The company is incorporated in Delaware, and headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City.
Verizon is a global communications technology company created by the merger of Bell Atlantic and GTE in 2000. Learn more about its history, milestones, products, services and corporate initiatives.
Apr 22, 2024 · Verizon is one of the world’s leading providers of technology and communications services, with revenues of $134.0 billion in 2023. It offers data, video and voice services and solutions on its award-winning networks and platforms, serving customers in 150+ countries.
Verizon Communications Inc is owned by 61.97% institutional shareholders, 0.23% Verizon insiders, and 37.80% retail investors. Vanguard Group Inc is the largest individual Verizon shareholder, owning 8.33% of the company.
Hans Vestberg is the chairman and chief executive officer of Verizon, the largest U.S. telecommunications company and a global leader in 5G technology. He joined Verizon in 2018 after a successful career at Ericsson, and has transformed the company into a customer-centric and innovative organization.
Verizon Communications owned 55 percent of Verizon Wireless while Vodafone retained 45 percent ownership. Regulators with the Federal Communications Commission approved the Bell Atlantic–GTE merger on June 16, 2000, creating the largest wireless company in the United States.
Feb 10, 2022 · NYSE:VZ Ownership Breakdown February 10th 2022. What Does The Institutional Ownership Tell Us About Verizon Communications? Institutional investors commonly compare their own returns to the...
