Verizon Communications

Verizon Communications

Telecommunications services including wireless and broadband

About Verizon Communications

Simplify's Rating
Why Verizon Communications is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Rating Differentiation

Industries

Enterprise Software

Consumer Goods

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1983

Overview

Verizon Communications provides a variety of telecommunications services, including wireless communications, broadband internet, and digital television, primarily in the United States. The company serves individual consumers, small and medium-sized businesses, and large enterprises through subscription-based plans that allow customers to select options that suit their needs. Verizon is recognized for its reliable network coverage and advanced technology solutions, including the latest 5G technology, which enhances internet speeds and connectivity. Unlike many competitors, Verizon focuses on personalized customer experiences through programs like "myPlan," which tailors deals to individual preferences. The company's goal is to maintain its leadership in the telecommunications market by continuously expanding its service offerings and ensuring high levels of customer satisfaction.

Simplify Jobs

Simplify's Take

What believers are saying

  • Verizon's satellite messaging expands service in areas with poor cellular coverage.
  • The Generative AI Assistant positions Verizon as a leader in AI-driven customer service.
  • Partnership with Santander Bank diversifies revenue through digital savings accounts.

What critics are saying

  • The Frontier Communications acquisition may face regulatory scrutiny, delaying the deal.
  • Partnership with AST SpaceMobile could face competition from Charter and Comcast.
  • Generative AI Assistant may encounter privacy concerns and regulatory challenges.

What makes Verizon Communications unique

  • Verizon offers an industry-first Generative AI Business Assistant for small businesses.
  • The company has launched satellite messaging for Android phones, enhancing remote communication.
  • Verizon's partnership with Sinch enhances RCS for Business Messaging, boosting enterprise communication.

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Funding

Total Funding

$32062.2M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

401(k) Company Match

Paid Vacation

Parental Leave

Adoption Assistance

Tuition Reimbursement

Company News

Benzinga
Mar 25th, 2025
Why Are Lumen Technologies Shares Down Today?

He pointed to other major deals in the sector, including Verizon's planned acquisition of Frontier Communications and BCE's agreement to buy Ziply Fiber.

Stock Titan
Mar 24th, 2025
Verizon Business announces Partner Recognition Program winners at 2025 Channel Partners Conference & Expo

The Verizon Partner Network, which received a 5-Star Award in the 2025 CRN Partner Program Guide, evaluated winners based on accomplishments, social impact, customer business impact, and innovation.

BTW Media
Mar 24th, 2025
Top tech news today: 24 March, 2025

Verizon has launched satellite messaging capabilities for select Android phones, allowing users to send texts from areas without cellular coverage.

MarketBeat
Mar 22nd, 2025
Wayfinding Financial LLC Makes New $387,000 Investment in Verizon Communications Inc. (NYSE:VZ)

Wayfinding Financial LLC makes new $387,000 Investment in Verizon Communications Inc. (NYSE:VZ).

Broadband Breakfast
Mar 20th, 2025
Charter and Comcast Offering Emergency Satellite Messaging on Certain Android Phones

Verizon, along with AT&T, has partnered with satellite company AST SpaceMobile to develop supplemental voice and data service.

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