
Work Here?
Work Here?
Work Here?
Verizon Communications provides wireless, broadband, and digital TV services to individuals and businesses in the United States. Its core products are mobile phone plans, home internet, and TV packages offered on subscription-based models, often bundled with devices such as smartphones and wearables. Customers choose plans that fit their needs, and Verizon sells devices and financing options to support service adoption. The company’s network runs on 5G technology to deliver faster speeds and better connectivity, with emphasis on reliable coverage. What sets Verizon apart is its focus on keeping a large, dependable network and offering personalized plans and bundles (e.g., myPlan) to fit different budgets and usage patterns, alongside ongoing innovation in services. Verizon’s goal is to provide essential, secure communication services at scale while expanding its technology offerings to attract and retain customers and stay competitive in a busy telecom market.
Industries
Hardware
Consumer Software
Consumer Goods
Entertainment
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1983
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$47.9B
Above
Industry Average
Funded Over
14 Rounds
Hybrid Work Options
401(k) Company Match
Paid Vacation
Parental Leave
Adoption Assistance
Tuition Reimbursement
Small Business news releases. California SBDC names Verizon Corporate Small Business Champion of the Year. SACRAMENTO, Calif., May 21, 2026 /PRNewswire/ - The California Small Business Development Center (SBDC) Network has named Verizon its Corporate Small Business Champion of the Year, recognizing the company's significant efforts to strengthen small businesses and expand economic opportunity across California and the nation. Through the Small Business Digital Ready program, Verizon has provided entrepreneurs with free access to expert training, digital tools, mentorship, and grant opportunities that help small businesses broaden capabilities and strengthen operations. The California SBDC Network has partnered with Verizon to connect entrepreneurs and small business owners across the state with these resources. "By helping small businesses succeed and thrive, we are investing directly in local economies, particularly in key states like California," said Jim Gowen, Senior Vice President, New Revenue Generation and Chief Sustainability Officer at Verizon. "We're proud to provide small businesses with the tools and resources to grow, the information and support to enhance disaster resilience, and the guidance to become a supplier for large companies like Verizon." In addition to programmatic support, Verizon has made a substantial financial commitment to small businesses through its supplier diversity efforts. The company pledged $5 billion in supplier diversity and procurement spending nationwide, including $500 million in California, creating meaningful pathways for small businesses to participate in major corporate supply chains and grow within them. The California SBDC Network is working alongside Verizon to help identify qualified businesses, support them through the bidding process, and ensure they are prepared to successfully fulfill contracts, further extending the impact of those efforts. "What sets Verizon apart is the depth of its investment in small businesses. They aren't just providing resources - they're helping businesses move into larger markets and compete at a higher level," said Kristin Johnson, Executive Director of Norcal SBDC. "Through our work together, we're seeing more businesses grow with greater confidence." Verizon was recognized during the May 13th California Salute to Small Business event held in Sacramento, a statewide gathering of legislators, small business leaders, and partners. About the California SBDC Network The California Small Business Development Center (SBDC) Network provides entrepreneurs and small business owners with the tools and guidance needed to succeed. Through no-cost one-on-one advising, training and resources, the SBDC helps businesses launch, grow, and thrive across California.
Jim Gowen to outline Verizon's next-gen Operating Model at Genesis 2026. As part of the ongoing partnership between ROCCO and Verizon, Jim Gowen will join the Genesis 2026 lineup to discuss the critical intersection of new revenue generation and enterprise sustainability. Gowen serves as the Senior Vice President of New Revenue Generation and Chief Sustainability Officer at Verizon. His dual mandate reflects a broader industry shift: the requirement for global enterprises to remain aggressively competitive while fundamentally improving their environmental and social footprint. Architecting the Next-Generation Operating Model In his capacity as SVP of New Revenue Generation, Gowen is the primary architect of Verizon's transition toward a lean, agile operating model. His work focuses on a high-stakes evolution: converting strategic cost centers into dynamic profit centers. By extracting maximum value from existing infrastructure and internal capabilities, Gowen ensures the enterprise is positioned to capitalize on emerging market opportunities rather than simply reacting to them. A Data-Driven Approach to Sustainability Beyond revenue, Gowen leads the company's sustainable growth strategies. His oversight extends to the practical implementation of energy source resiliency, e-waste reduction, and the management of end-of-life-cycle material recovery across Verizon's global footprint. This approach treats sustainability not as a peripheral corporate social responsibility (CSR) initiative, but as a core component of operational efficiency and long-term resiliency. Building the Ecosystem: Small Business and Education Gowen's leadership further extends to the Small Business Supplier Accelerator. This program creates a vital pipeline for American small businesses to integrate with Verizon and other large-scale corporations, strengthening the broader economic ecosystem. Gowen brings a deep academic and professional background to the stage, holding a Master's degree in Business Administration from Long Island University and a Bachelor's degree from Manhattanville College. Genesis 2026: The Intersection of Industry Leaders The collaboration between ROCCO and Verizon at Genesis 2026 provides a platform for these high-level strategic insights. Attendees can expect a detailed look at how one of the world's leading telecommunications companies balances the drive for new revenue with the necessity of sustainable evolution.
Verizon has launched a $12 billion hybrid bond offering, one of the year's largest corporate debt sales, as borrowing costs hover just above multi-decade lows. The telecommunications giant is among roughly 12 firms rushing to raise capital before Tuesday's inflation data potentially resets market conditions. The timing reflects broader urgency amongst corporate treasurers. Average spreads on high-grade corporate bonds sit just six basis points above multi-decade lows, creating a narrow window for favourable terms. Dealers project approximately $50 billion in new bond sales for the week. Hybrid bonds, carrying characteristics of both debt and equity, allow Verizon to raise substantial capital without the full leverage impact of senior debt on its credit ratings. The structure suggests careful balance sheet management following heavy spending on C-band spectrum and 5G infrastructure.
Satellite everywhere: Verizon expands fleet to 2,600 assets. Verizon has dramatically expanded its satellite communications capabilities, growing its disaster response fleet to 2,600 assets as part of a comprehensive "satellite-everywhere" failover strategy. This massive expansion represents a significant leap forward in emergency communications infrastructure, ensuring connectivity when terrestrial networks fail. Multi-Orbit satellite technology takes center stage. The centerpiece of Verizon's expansion is a groundbreaking multi-orbit off-road trailer that can seamlessly switch between Geostationary Orbit (GEO) and Low-Earth Orbit (LEO) satellite systems. This rugged vehicle, equipped with an AvL Technologies flyaway terminal, can navigate deep woods, muddy disaster zones, and washed-out coastal areas where traditional infrastructure has failed. "By moving toward a 'satellite-everywhere' failover strategy, we've integrated these links into more permanent facilities and mobile units than ever before," explained Karen Schulz, communications for Verizon Global Network & Technology. "While terrestrial fiber is the gold standard, we think it's important to create yet another redundant backhaul layer in case of impact from a storm." Diverse fleet serves critical emergency functions. Verizon's expanded satellite arsenal includes satellite-linked mobile deployable cell sites, mobile satellite link kits, and permanent satellite links for facilities. The multi-orbit trailer specifically serves as: * Mobile cell site for search and rescue teams * Communications hub for emergency command centers * Temporary "bridge" for communities that have lost their primary tower For businesses relying on cellular failover solutions, understanding these cellular failover best practices becomes increasingly important as satellite technology continues advancing. Permanent backup solutions in hurricane-prone areas. Beyond mobile units, Verizon is testing permanent satellite backhaul at high-power cell towers in hurricane-prone Southeast regions including Georgia, Florida, and the Carolinas. These installations feature backup battery power, backup generator power, and permanent satellite connectivity to maintain cellular traffic even when power and fiber infrastructure are compromised. The company works with multiple satellite partners for resiliency, though specific operators weren't disclosed. This multi-vendor approach ensures redundancy across different satellite constellations and orbital positions. Enterprise implications for network reliability. This satellite expansion has significant implications for enterprise customers. As extreme weather events become more frequent, businesses need reliable backup connectivity solutions. Verizon's satellite-everywhere approach demonstrates the growing importance of emergency communications planning in modern network design. The technology also highlights the convergence of terrestrial cellular and satellite networks, creating more resilient communication systems that can adapt to challenging conditions. 5Gstore take. Verizon's massive satellite fleet expansion signals a fundamental shift in how carriers approach network resilience. The 2,600-asset deployment represents serious investment in disaster preparedness, moving beyond traditional backup generators to space-based redundancy. For enterprises, this development reinforces the importance of multi-path connectivity strategies. While Verizon's satellite-everywhere approach focuses on disaster response, businesses should consider similar redundancy principles in their own network designs. Whether through cellular failover, satellite backup, or hybrid solutions, the goal remains consistent: ensuring connectivity when it matters most. The multi-orbit capability is particularly impressive, allowing seamless switching between GEO and LEO satellites based on conditions and requirements. This flexibility could become the standard for next-generation emergency communications systems. Faq. What is Verizon's "satellite-everywhere" strategy? Verizon's satellite-everywhere strategy integrates satellite communications into permanent facilities and mobile units as a failover solution when terrestrial fiber networks are compromised by storms or disasters. How many satellite assets does Verizon now have? Verizon has expanded its satellite fleet to 2,600 assets this year, representing a significant increase from previous deployments. What can the multi-orbit off-road trailer do? The multi-orbit trailer can switch between GEO and LEO satellite systems while serving as a mobile 5G hotspot in remote disaster zones, acting as a cell site for rescue teams or temporary bridge for communities. Which areas are getting permanent satellite backup? Verizon is testing permanent satellite backhaul at high-power cell towers in hurricane-prone Southeast areas including Georgia, Florida, and the Carolinas. Need reliable connectivity solutions for your business? Contact 5Gstore to explore enterprise cellular and satellite options from leading brands including Peplink, Cradlepoint, Teltonika, Semtech, Inseego, Digi, and Katalyst.
Verizon has appointed Daniel Schulman as its new CEO, replacing Hans Vestberg after eight years. Schulman, who previously served on Verizon's board for seven years and has extensive telecommunications experience, including 18 years at AT&T, outlined a strategic shift during the company's Q3 2025 earnings call. Schulman acknowledged Verizon's strong network foundation but stated the company has failed to capitalise on customer growth opportunities. He emphasised a "fundamental change" towards a customer-first approach, aiming to build the industry's best value proposition and customer experience. The CEO, who also led PayPal, American Express and Virgin Mobile, described Verizon as being at a "critical inflection point". The company is pursuing convergence through its pending Frontier acquisition, expected to close early next year.
Find jobs on Simplify and start your career today
Industries
Hardware
Consumer Software
Consumer Goods
Entertainment
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1983
Find jobs on Simplify and start your career today