Full-Time
Nationwide wireless, broadband, TV services
$16 - $21/hr
Alexandria, VA, 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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Hybrid Work Options
401(k) Company Match
Paid Vacation
Parental Leave
Adoption Assistance
Tuition Reimbursement
The Supreme Court rejected Verizon's petition for a $47 million refund of a Federal Communications Commission fine, issued without explanation. The fine was part of $196 million in penalties levied against Verizon, AT&T, and T-Mobile in 2024 for selling customers' real-time location data without consent to data aggregators. Verizon claims it was misled into paying and now seeks another chance to challenge the fine's legal basis. The company argues it alone has no path to appeal, while AT&T and T-Mobile continue challenging similar fines. The carriers sold device-location information that was resold to other firms, including Securus Technologies, which allowed unauthorised law enforcement access. Despite discontinuing these programmes, carriers maintain the fines were illegal, arguing the privacy law covers only call-location data, not device-location data.
Verizon Communications and Lockheed Martin are collaborating on NetSense Airspace Awareness-as-a-Service, combining AI and 5G technology for unmanned aircraft systems detection and critical infrastructure protection. The partners are working with additional technology providers to connect sensor data over Verizon's 5G network for real-time monitoring of drone activity. The initiative includes planned pilot deployments and potential future commercialisation targeting enterprise and government customers. The collaboration aligns with Verizon's strategy to monetise its 5G network through higher-value, security-focused enterprise applications. Investors will be watching whether the NetSense pilots convert into paying deployments around late 2026 to 2027, and whether Verizon begins highlighting airspace monitoring wins within its enterprise and private network sales.
Snowflake reported revenue of $4.7 billion for the fiscal year ended 31 January 2026, representing 29.2% growth year-over-year. The cloud data platform provider counted 790 Forbes Global 2000 companies as customers but posted a net loss of $1.3 billion for the period. Verizon generated $138.2 billion in revenue for the year ended 31 December 2025, up 2.5% from the previous year. The telecommunications giant reported net income of $17.2 billion and produced $20.1 billion in free cash flow whilst serving 146.8 million wireless retail connections. The comparison highlights contrasting investment profiles: Snowflake offers high growth potential with significant volatility, whilst Verizon provides steady income through its 5.8% dividend yield but carries substantial debt of $131.1 billion.
Verizon Communications returned $59 billion to shareholders over the past five years, predominantly through dividends ($55.7 billion) versus buybacks ($3.5 billion). Despite this massive payout, the stock delivered only a 16.4% total return during that period, significantly trailing the S&P 500's 88% return. The telecom giant generated $138.9 billion in revenue over the last twelve months, with a 21% operating margin exceeding the S&P 500 median. Its free cash flow yield stands at 10.3%, supporting dividend payments. However, revenue grew just 1.4% last year. Management has raised full-year free cash flow growth guidance to 9–10% and recently signed a $1 billion agreement with Google for fibre network use in data centres. The company's customer-friendly strategy eliminated activation and upgrade fees, potentially impacting reliable revenue streams.
Outsourced chief investment officer. Firms like PNC Financial and Bank of America Private Bank have an outsized presence with non-profit OCIO clients compared to other areas like traditional pension plans. August 13, 2026 09:01 AM EDT The tables pull data from Pensions & Investments' latest investment outsourcing survey. August 10, 2026 10:18 AM EDT Retirement plan sponsors are accelerating their shift to outsourced chief investment officers, driving a 400% surge in DC assets as they seek to reduce fiduciary risk, access private markets and manage growing investment complexity. July 31, 2026 10:15 AM EDT Four of the top five outsourcing managers in P&I's OCIO survey are investing giants rather than traditional consulting firms, raising potential conflicts to monitor. July 31, 2026 09:43 AM EDT Leaders of OCIO businesses at asset managers say that a changing client base, as well as the benefits of their own scale, have been key contributors to their growth. July 31, 2026 08:00 AM EDT Goldman Sachs Asset Management announced Verizon and Lockheed Martin as new OCIO clients. July 09, 2026 09:00 AM EDT BlackRock will run £8 billion ($10.6 billion) in assets for the British Coal Staff Superannuation Scheme as its outsourced CIO. July 01, 2026 02:30 AM EDT With nonprofit institutions increasingly facing mergers or closures, the investment firms managing their assets need to navigate a complex landscape. April 24, 2026 11:11 AM EDT Healthcare and hospital systems are forecast to be one of the fastest-growing segments for outsourced CIOs. But in order to tap into opportunities in the sector, firms need deep expertise in managing diverse investment pools. April 07, 2026 12:00 PM EDT When 300-plus institutional investors attended the opening day of Commonfund's annual forum Feb. 25 with the theme of "navigate now," they didn't necessarily imagine a war would erupt in Iran by the morning the event closed Feb. 28 - or how that might affect the $238 billion-plus assets they represent. March 12, 2026 09:00 AM EDT