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Verizon Communications Inc. (/ v ə ˈ r aɪ z ən / və-RY-zən), is an American telecommunications company headquartered in New York City. [3] It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146 million subscribers as of December 31, 2024.
Verizon Wireless offers mobile phone services through a variety of devices. [10] Its LTE in Rural America Program, with 21 rural wireless carriers participating, covers 2.7 million potential users in 169 rural counties. [11] Verizon Wireless announced in 2015 that it was developing a 5G, or fifth-generation, network. [12]
Verizon's dividend payout ratio is 59% of 2024 earnings estimates, so there's room for the company to continue increasing its dividend over the coming years. Verizon's dividend has only grown by ...
Nearly all Verizon Wireless workers are nonunionized. [8] Union leaders refused to accept a new contract citing multiple issues, including pensions, healthcare, work assignments, job security, and wages. According to Verizon, employees received $130,000 a year in wages and benefits. Union leaders claimed that the average total was $74,000 a year.
January 1, 1984; 41 years ago () Defunct: August 14, 1997; 27 years ago () Fate: Merged with Bell Atlantic (Now Verizon) Successor: Bell Atlantic (Now Verizon) Headquarters: New York City, United States: Products: Local telephone service Cellular telephone service: Subsidiaries: Verizon New England Verizon New York
Verizon Fios is a bundled Internet access, telephone, and television service provided by Verizon Communications that operates over a fiber optical network within the United States. History [ edit ]
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