New CEO Hans Vestberg has been rewriting the rules and changing the future for the company.
Expect growth amid challenges to continue.
Altice USA Optimum is getting ready to enter Verizon FiOS marketplace and compete. Let's take a closer look at the threat and the growth opportunity for companies, customers and investors.
Company chart and information is provided by TradingView based on 15-minute-delayed data.
Verizon is now primarily a wireless business (70% of revenue and nearly all operating income). It serves about 89 million postpaid and 4 million prepaid phone customers and connects another 24 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.
| Website: | www.verizon.com |
| Email: | george.connor@verizon.com |
| Main Phone: | +1 212 395-1000 |
| Address: | 1095 Avenue of the Americas |
| State: | NY |
| City / Town: | New York |
| Country: | US |
| Postal Code: | 10036 |
| Exchange: | NYE |
| CEO: | Hans Erik Vestberg |
| Employees: | 132200 |
| NAICS: | Satellite Telecommunications(517410) |
New CEO Hans Vestberg has been rewriting the rules and changing the future for the company.
Expect growth amid challenges to continue.
Altice USA Optimum is getting ready to enter Verizon FiOS marketplace and compete. Let's take a closer look at the threat and the growth opportunity for companies, customers and investors.
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