Verizon Wireless

Verizon Wireless (Verizon) is a communication technology company that develops and delivers wireless and wireline products and services. It provides communications, information, and entertainment products along with voice, data, video, and IoT solutions. The company offers 4G and 5G wireless networks, multi-access edge computing (MEC), and fiber optics. Verizon caters to individuals, small and medium businesses, large enterprises, as well as public sector.

Employee Rating

3.6More
StateClosed
TypeSubsidiary
Parent CompanyVerizon
HQBernards, NJ, US
Founded2000
Websiteverizonwireless.com
Cybersecurity ratingFMore
Verizon Wireless was founded in 2000 and is headquartered in Bernards, NJ, US

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Key People/Management at Verizon Wireless

Lowell McAdam

Lowell McAdam

Chairman
Francis J. Shammo

Francis J. Shammo

EVP & CFO
Diego Scotti

Diego Scotti

Executive Vice President and Chief Marketing Officer
James Gerace

James Gerace

Chief Communications Officer
Craig Silliman

Craig Silliman

Executive Vice President and Chief Administrative, Legal and Public Policy Officer
Tami Erwin

Tami Erwin

Executive Vice President and CEO—Business
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Verizon Wireless Office Locations

Verizon Wireless has offices in Bernards, Addison, Albany, Albuquerque and in 413 other locations
Bernards, NJ, US (HQ)
Basking Ridge
Addison, TX, US
Addison, TX, USA
Albany, NY, US
Albany, NY, USA
Albuquerque, NM, US
Albuquerque, NM, USA
Alexandria, VA, US
Alexandria, VA, USA
Aliso Viejo, CA, US
Aliso Viejo, CA, USA
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Verizon Wireless Financials and Metrics

Summary Metrics

Founding Date

2000
Verizon Wireless is a subsidiary of Verizon

Verizon Wireless Revenue

Verizon Wireless's revenue was reported to be $87.51 b in FY, 2017 which is a 1.9% decrease from the previous period.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

91.7b89.2b87.5b

Revenue growth, %

(30%)(3%)(2%)

Cost of goods sold

30.9b30.2b30.1b

Gross profit

60.8b59.0b57.4b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

22.0b21.7b22.1b20.9b21.3b21.6b21.9b22.4b23.0b

Cost of goods sold

6.9b6.6b7.2b6.8b7.0b7.0b7.5b7.7b7.8b

Gross profit

15.1b15.1b14.9b14.1b14.3b14.6b14.4b14.7b15.1b

Gross profit Margin, %

68%69%67%68%67%67%66%66%66%
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Verizon Wireless Operating Metrics

Q2, 2016

Net Customer Additions

1.29 m

Postpaid Smartphone Net Adds

336 k

Subscribers

142.75 m
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Verizon Wireless Acquisitions / Subsidiaries

Company NameDateDeal Size
SkywardFebruary 16, 2017
SocialRadarNovember 17, 2016

Verizon Wireless Revenue Breakdown

Embed Graph

Verizon Wireless revenue breakdown by business segment: 72.1% from Service, 21.6% from Equipment and 6.3% from Other

Verizon Wireless Cybersecurity Score

Cybersecurity ratingPremium dataset

F

38/100

SecurityScorecard logo

Verizon Wireless Online and Social Media Presence

Embed Graph

Verizon Wireless Company Culture

  • Overall Culture

    A-

    75/100

  • CEO Rating

    C+

    67/100

  • Compensation

    A+

    83/100

Learn more on Comparably

Verizon Wireless News and Updates

Black Friday Verizon Fios Deals (2020): Verizon Wireless Plan & Cable Savings Found by Save Bubble

Black Friday Verizon Fios deals for 2020 have arrived, review all the top Black Friday Verizon deals on this page

Verizon Black Friday Deals 2020: Early Verizon Wireless Phone Deals, iPhone 12, Pixel 5 & More Savings Compared by The Consumer Post

The best early Black Friday Verizon deals for 2020, featuring all the latest iPhone 11 Pro, Galaxy Note10, Pixel, Apple iPad & watch sales

Black Friday Verizon Wireless Deals 2020: Early Pixel 5, iPhone 12, Galaxy Note20 & More Sales Ranked by Save Bubble

Save on Verizon phone deals at the early Black Friday 2020 sale, featuring all the latest Galaxy S20, Pixel 4a & iPhone 12 Pro deals

Best Verizon Wireless Black Friday Deals 2020: Early iPhone 12, Galaxy S20, Pixel 5 & More Sales Highlighted by Retail Egg

The best early Black Friday Verizon Wireless phone and wearable deals for 2020, featuring iPhone 11, Galaxy S10, Apple Watch & iPad sales

United States 5G Mobile Wireless Access Case Study: Verizon Wireless and the City of Providence, RI - 2020 Database

Dublin, Sept. 25, 2020 (GLOBE NEWSWIRE) -- The "United States 5G Mobile Wireless Access Case Study Verizon Wireless and the City of Providence, RI - Database (Non Stand Alone)" report from EJL Wireless Research has been added to ResearchAndMarkets.com's offering.

Cyber Monday Verizon Wireless iPhone Deals (2019): Top Apple iPhone 11 Pro Max, 11, XS, XR & 8 Deals Reviewed by Deal Stripe

BOSTON, Dec. 1, 2019 /PRNewswire/ -- Verizon Cyber Monday 2019 iPhone deals are underway. The online sales team at Deal Stripe have compared the best Verizon iPhone 11 Pro, 11, XS Max, XR & 8 smartphone deals for shoppers. Their top picks are listed below. Best Verizon iPhone deals: ● Get...
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Verizon Wireless Frequently Asked Questions

  • When was Verizon Wireless founded?

    Verizon Wireless was founded in 2000.

  • Who are Verizon Wireless key executives?

    Verizon Wireless's key executives are Lowell McAdam, Francis J. Shammo and Diego Scotti.

  • What is Verizon Wireless revenue?

    Latest Verizon Wireless annual revenue is $87.5 b.

  • Who are Verizon Wireless competitors?

    Competitors of Verizon Wireless include Comcast, Sprint and T-Mobile USA.

  • Where is Verizon Wireless headquarters?

    Verizon Wireless headquarters is located at Basking Ridge, Bernards.

  • Where are Verizon Wireless offices?

    Verizon Wireless has offices in Bernards, Addison, Albany, Albuquerque and in 413 other locations.

  • How many offices does Verizon Wireless have?

    Verizon Wireless has 417 offices.