VERIZON COMMUNICATIONS INC VZ 65.89
Communication Services · NYSE · Data as of 2026-10-29
VERIZON COMMUNICATIONS INC (VZ) has delivered +1.0% annualized revenue growth, -1.4% earnings growth, and +2.4% dividend growth over 10 years of data. Ranked #372 of 1968 stocks overall and #5 of 68 in the Communication Services sector by Steady Score.
About VERIZON COMMUNICATIONS INC
Company Overview
Verizon Communications provides wireless and wireline communications services in the United States. Consumers and businesses use its mobile network for voice and data, while Fios and other connections deliver broadband and enterprise networking. The company sells devices and offers security, managed network and internet-of-things services. Its network infrastructure includes licensed spectrum, cell sites and extensive fiber.
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Business Model & Revenue
Revenue comes mainly from recurring wireless service plans, broadband subscriptions and enterprise connectivity, supplemented by device sales. Consumer and Business segments serve different accounts. Subscriber additions, churn, plan pricing and data usage drive service revenue. Large capital spending maintains network coverage and capacity, while spectrum costs, device promotions, competition and legacy wireline declines affect cash flow.
Key Facts & Market Position
Verizon's nationwide wireless network and spectrum holdings are capital-intensive assets requiring continuous upgrades. Fios fiber provides a complementary fixed connection in selected markets. Service contracts generate recurring revenue, but customers can switch carriers, making network quality, bundled offers and device incentives central to retention. Regulation and cybersecurity remain significant obligations.