Verizon Business, a privately owned subsidiary of Verizon Communications, was founded in 1988. Headquartered in the US, it employs approximately 24,940 people and generated over $1 billion in revenue in 2023. The company's primary focus is providing telecommunications services and products to business and government clients globally.

2023 Revenue

Founded

1988

Headcount

24,933

Headquarters

US

Primary Segment

Enterprise connectivity services

Ownership

Privately Owned

Deployments

2

News Summary:

Verizon launched a three-year price lock guarantee for mobile and home internet customers, including equal phone trade-in deals for new and existing customers and free routers with home internet plans. The company used actor Pete Davidson in advertisements for this program. This price lock, along with other pricing and promotional changes, aims to improve Verizon's second-quarter performance. Competitors AT&T and T-Mobile also made similar pricing and promotional adjustments. Separately, Verizon's brand Visible introduced the Visible+ Pro plan, offering unlimited 5G Ultra Wideband for $45 per month with 4K video streaming capabilities.

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Verizon Business offers 3 products in the media and telecoms services, connectivity and cloud and telecoms tech industries. Verizon Business's product portfolio comprises of telecoms, enterprise connectivity services and enterprise security.
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Verizon Business's customers primarily consist of government Administration and iT Services and IT Consulting companies. Examples of Verizon Business's customers include U.S. Department of Homeland Security (DHS) and Wipro. Verizon Business has partners like Deloitte.

Example Customers

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Example Partners

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