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46.85000 USD
0.64
1.35%
Last update May 30, 4:28 PM BST
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Day range
46.63000
48.16000
Previous close
47.49000
Open
47.14000
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Verizon Communications Inc.
46.85
0.64
1.35%

Overview

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Description

Verizon Communications Inc. is a holding company that provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. Operating primarily through its Wireless and Wireline segments, it delivers wireless voice and data services, equipment sales, broadband video, data center and cloud solutions, security, managed network services, and local and long-distance voice offerings across the United States. Founded in 1983 and headquartered in New York, the company leads the wireless telecommunications industry with award-winning networks emphasizing mobility, reliable connectivity, and control. It has integrated media assets like Yahoo and AOL into a subsidiary, enhancing its portfolio with brands such as HuffPost, Yahoo Sports, Tumblr, and Yahoo Finance. With a market capitalization around 165-196 billion USD, a notable dividend yield exceeding 6-7%, and a low beta of 0.31 indicating stability, Verizon Communications Inc. plays a pivotal role in the communications sector, supporting essential connectivity and digital services for diverse markets.

About

CEO
Mr. Daniel H. Schulman
Employees
99600
Address
1095 Avenue of the Americas
100 North Tryon Street
New York, 10036, NY
United States
Phone
212 395 1000
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Telecom Services
Country
United Kingdom
MIC code
XLON
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