Latest VZ reports update at 2024-04-25: 2024-Q12023-Q1
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Verizon Communications VZ

$ 39.68 1.17%

Country

usaUSA

IPO year

-

Industry

Telecom

Stock Exchange

NYSESPB

CEO

Mr. Hans Vestberg

Employees in the company

133 200

Shares

4.21 B

Market Cap[1]

$ 167 B

EBITDA (LTM)

$ 47.4 B

P/E (LTM)

8.73

P/S (LTM)

1.25

EPS (LTM)

4.49

Verizon Communications (VZ) is a leading telecommunications company that provides a wide range of services to customers around the world. Founded in 1983, the company has grown to become one of the largest providers of wireless communication, broadband, and digital TV services.

Verizon offers a variety of wireless plans and devices, including smartphones, tablets, and wearables. The company's network is known for its reliability and speed, and it has invested heavily in expanding its 5G coverage across the United States.

In addition to wireless services, Verizon also offers high-speed internet and TV packages through its Fios brand. Customers can choose from a variety of plans and bundle options to meet their needs.

VZ is committed to sustainability and has set a goal to achieve carbon neutrality by 2035. The company is investing in renewable energy and has implemented energy-efficient practices across its operations.

Social responsibility is also a key focus for Verizon. The company supports programs to promote digital inclusion, education, and community development. Through its Verizon Innovative Learning program, the company provides free technology, internet access, and immersive learning experiences to students in underserved communities.

Overall, Verizon Communications is a respected leader in the telecommunications industry with a strong focus on sustainability and social responsibility. Its services have helped connect people around the world and will continue to play an important role in shaping the future of communication.

Other stocks of industry "Telecom"

References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.