Full-Time
Nationwide wireless, broadband, TV services
$16 - $21/hr
Lake St Louis, MO, USA
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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.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1983
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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.
Verizon Communications' fair value estimate has nudged up from $50.76 to $51.17, reflecting mixed analyst sentiment on the telecoms operator's progress. Multiple firms including Oppenheimer, Scotiabank and Citi raised price targets, citing $5 billion in expense reductions across headcount, capital expenditure and vendor costs. Scotiabank highlighted momentum in subscriber growth and pricing improvements supporting the turnaround strategy. However, concerns are mounting. KeyBanc criticised Verizon's updated reporting structure for reducing transparency, whilst DBS Bank downgraded the stock over execution and competitive worries. Verizon is reviewing hundreds of millions in sports sponsorships, potentially exiting its NFL partnership, and reportedly seeking a replacement for its consumer division head. The company authorised a $25 billion share buyback programme and declared a quarterly dividend of $0.7075 per share.
DBS Bank analyst Sachin Mittal downgraded Verizon Communications to Hold from Buy on 8 April, setting a $52 price target. The downgrade comes despite strong stock performance, with shares rising nearly 19% in 2026 and offering a 5.9% dividend yield. Verizon reported fourth-quarter revenue above estimates in January and projected annual profit and free cash flow exceeding Wall Street expectations. CEO Dan Schulman, who assumed the role in October, has focused on operational efficiency, announcing over 13,000 job cuts in November. The telecommunications company provides communications, technology and streaming services to consumers, businesses and government entities through its Consumer and business segments.