Verizon Wireless

Verizon Wireless (Verizon) is a communication technology company that develops and delivers wireless 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
TypeSubsidiary
Parent CompanyVerizon
HQBernards, US
Websiteverizonwireless.com
Cybersecurity ratingDMore
Verizon Wireless is headquartered in Bernards, US

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Key People/Management at Verizon Wireless

Lowell McAdam

Lowell McAdam

Chairman & CEO
Francis J. Shammo

Francis J. Shammo

Evp & CFO
James Gerace

James Gerace

Chief Communications Officer
Roger Gurnani

Roger Gurnani

EVP & Chief Information and Technology Architect
Daniel Mead

Daniel Mead

EVP & President of Strategic Initiatives
Marc Reed

Marc Reed

EVP & Chief Administrative Officer
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Verizon Wireless Office Locations

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

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 Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

Verizon Wireless Revenue Breakdown

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

Verizon Wireless Online and Social Media Presence

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Verizon Wireless News and Updates

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.

Top Verizon Wireless Deals for Black Friday 2019: The Latest Cell Phone & Fios Wireless Deals Listed by Spending Lab

BOSTON, Nov. 27, 2019 /PRNewswire/ -- All the best Verizon Wireless deals for Black Friday 2019 are being listed on this page. The team of deal trackers at Spending Lab are updating their list of the top Verizon Fios internet, Pixel 4, Pixel 3, iPhone 11, iPhone XR, iPhone XS, Galaxy...

All the Best Verizon Wireless Black Friday Deals (2019): Early Verizon Fios & iPhone 11, iPhone XS, Pixel 4, Galaxy S10 & Galaxy Note10 Cell Phone Sales Compared by the Consumer Post

BOSTON, Nov. 23, 2019 /PRNewswire/ -- What are the best Verizon Wireless Black Friday 2019 deals? Sales experts at The Consumer Post track Verizon prices and have rounded up the best early Verizon Fios internet bundle and Apple, Google, Samsung and more Android cell phone deals for...

Machine to Machine Connections Market Major Key Players Are Huawei Technologies Co. Ltd., AT&T Inc., Vodafone Group PLC, Verizon Wireless

New Report on Global Machine to Machine Connections Market 2019 Edition Posted via Industry Today. Follow us on Twitter @IndustryToday

Master & Dynamic now available at Verizon Wireless

NEW YORK, Aug. 28, 2019 /PRNewswire/ -- Today, Master & Dynamic announced that they will be working with Verizon Wireless to bring their newest wireless sound tools range to Verizon customers throughout the United States. Beginning August 25, Master & Dynamic's beautifully crafted audio...

Comprehensive Analysis of the Outdoor 5G Fixed Wireless Access (FWA) Network for Verizon Wireless and the City of Sacramento, CA

DUBLIN, July 16, 2019 /PRNewswire/ -- The "United States 5G Fixed Wireless Access Case Study, Verizon Wireless and the City of Sacramento, CA - Database (Non Stand Alone)" report from EJL Wireless Research has been added to ResearchAndMarkets.com's offering. This report provides a...
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Verizon Wireless Frequently Asked Questions

  • Who are Verizon Wireless key executives?

    Verizon Wireless's key executives are Lowell McAdam, Francis J. Shammo and James Gerace.

  • How many employees does Verizon Wireless have?

    Verizon Wireless has 135,255 employees.

  • What is Verizon Wireless revenue?

    Latest Verizon Wireless annual revenue is $87.5 b.

  • What is Verizon Wireless revenue per employee?

    Latest Verizon Wireless revenue per employee is $647 k.

  • Who are Verizon Wireless competitors?

    Competitors of Verizon Wireless include CableLabs, Ooma and Tata Communications.

  • 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.