Verizon Communications Inc. (VZ)

Telecommunications company offering wireless and wireline communications services, as well as digital media and entertainment.

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Verizon Communications Inc. is a prominent telecommunications provider delivering a wide array of services to consumers, businesses, and government entities globally. The company's Consumer segment offers both postpaid and prepaid service plans, along with wireless equipment, residential fixed connectivity solutions, and network access for mobile virtual network operators. As of December 31, 2021, Verizon boasted approximately 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections.

Meanwhile, Verizon's Business segment specializes in network connectivity products, voice and video services, unified communications and collaboration tools, and customer contact center solutions. Additionally, it provides data security services, domestic and global voice and data solutions, customer premises equipment, installation, maintenance, site services, and Internet of Things products. By the end of 2021, the company managed approximately 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections.

Originally known as Bell Atlantic Corporation, Verizon Communications Inc. adopted its current name in June 2000. Established in 1983 and headquartered in New York, New York, Verizon continues to innovate and expand its telecommunications offerings across diverse markets.

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