Verizon Business

https://www.verizon.com/business/
https://www.linkedin.com/company/verizonbusiness/

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.

2024 Revenue

Founded

1988

Headcount

24,933

Headquarters

Primary Segment

Telecoms services

Ownership

Privately Owned

Deployments

News Summary:

Verizon Business CEO and EVP Kyle Maladay assumed the chairmanship of the CTIA wireless industry association on an immediate basis, succeeding Laurent Therival. Verizon's Visible brand introduced Visible Inner Circle group mobile plans, enabling customers to link up to seven accounts for cost savings without requiring a single bill or primary account holder. Verizon partnered with Hyfi, a flood sensor startup, to launch a preventative flood monitoring system in Chicago. This system uses approximately 50 low-cost sensors operating on Verizon's 5G network. Hyfi joined Verizon's Frontline Innovation Programme. Verizon also announced plans to open a new headquarters in New York City's Penn 2 office tower, leasing over 195,000 square feet of space to accommodate approximately 1000 employees starting in 2026.

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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 enterprise security, telecoms services and enterprise connectivity services.

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Verizon Business's revenues were over $1B in 2024. All the revenue comes from wholesale lines.

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Dec

1st

2025

14:01

Advanced Manufacturing, Layoffs, B2B Tag

Midcareer Layoffs: The New Most-Vulnerable Tier

The knives are out again in marketing. Agencies are lopping off staff right before the holidays (Merry Christmas to you too, Omnicom), and corporate teams at Verizon, Intel, Amazon, Starbucks and Meta aren’t faring much better.

MediaPost

Nov

24th

2025

18:30

Artificial Intelligence, B2B Tag

Verizon says not so fast to T-Mobile's switching scheme

Verizon has hit back at T-Mobile's speedier switching claims, asserting that a faster process is not better for customers. T-Mobile announced last week that it can now take just 15 minutes to switch to its network using the T-Life application and get a new device delivered on the same day via DoorDash in major cities, hailing the upgrade as making switching faster and hassle-free.

Light Reading

Nov

20th

2025

18:30

Emerging Tech, B2B Tag

FCC pushes ahead on upper C-band auction

In a 3-0 vote, the FCC has moved ahead on proposed rules that will govern the coming auction of upper C-band spectrum in support of 5G and future 6G services. In the wake of this week's vote, the FCC will now push ahead with an auction of at least 100MHz of upper C-band spectrum (in the 3.98GHz-4.2GHz) band.

Light Reading

Nov

18th

2025

18:30

B2B Tag

FWA presents big gap between revenues and data usage

Fixed wireless access (FWA) is still having its moment in the sun and applying heat to cable broadband competition. Though Verizon saw its rate of new FWA subscribers decline in the third quarter of 2025, FWA subscriber rates were on the upswing at both AT&T and T-Mobile during the period.

Light Reading

Nov

14th

2025

13:00

Cost Cutting, CT_Monitor Company

Verizon plans its largest layoffs

Telecoms Tech News

Nov

14th

2025

07:23

Layoffs, CT_Monitor Company

Verizon to lay off 15,000 employees - report

Verizon is planning to cut about 15,000 jobs as its new CEO kicks off a major restructuring effort, people familiar with the matter told the Wall Street Journal and Reuters. The layoffs mean a roughly 15 percent reduction in the US carrier's workforce. It will start informing staff from next week, the reports said.

Telecompaper

Nov

13th

2025

16:36

CT_Monitor Company

Verizon completes dedicated optical network for MSE

Verizon Business has completed installation of a 100G dedicated optical ring to operate as a core broadcast and corporate network for Monumental Sports & Entertainment )(MSE). The new optical ring connects four key MSE sites - the Capital One Arena, MedStar Capitals Iceplex, MedStar Health Performance Centre, and the group's corporate headquarters and broadcast facility.

Telecompaper

Nov

13th

2025

15:10

Emerging Tech, Sports Rights Updates

Verizon Business Completes 100G Optical Ring for Monumental Sports & Entertainment's Enhanced Broadcast Network

Verizon Business completed a 100G optical ring for Monumental Sports & Entertainment, enhancing broadcast capabilities and remote production efficiency. Quiver AI Summary Verizon Business has announced the launch of a new 100G dedicated optical ring to enhance the broadcast and corporate network for Monumental Sports & Entertainment (MSE), which operates the Monumental Sports Network, the local media rights holder for various Washington sports teams.

Quiver Quantitative

Nov

11th

2025

22:41

CT_Monitor Company

Verizon Now Lets Mobile Users Avoid Controversial Tracking Technology

Verizon has followed through on a promise made earlier this year to let people avoid a controversial technology that relies on injecting tracking code into users' Web traffic. That tracking code, a unique identifier known as the UIDH, can't be deleted by users.

MediaPost

Nov

10th

2025

18:30

CT_Monitor Company

It's easy to reassign spectrum if you're not using it

The One Big Beautiful Bill Act looks set to kick off multiple, strenuous spectrum squabbles. While the reconciliation measure with the long name (often abbreviated to "OB3") finally restored the spectrum-auction authority that Congress had let lapse in March of 2023, and directed spectrum policymakers to auction off 300MHz of new spectrum and study the reuse potential of another 500MHz, it couldn't order new vacant spectrum into existence.

Light Reading

Nov

9th

2025

18:30

Capital Investment, Emerging Tech, CT_Monitor Company

US must lead on 6G through spectrum, standards – Trusty

When it comes to preparing for the near future of 6G, the US must respond to the lessons of the 5G era through early investment and international coordination, according to FCC Commissioner Olivia Trusty. Trusty, a Republican on the FCC, spoke via video before the 6G Summit held in Brooklyn, New York, late last week.

Light Reading

Nov

7th

2025

19:26

Emerging Tech, Layoffs, CT_Monitor Company

U.S. layoffs surge: Here are the tech and telecom numbers

The number of layoffs in the U.S. this year has surged past 1 million, new data shows Several telecom and tech giants have been among those letting workers go Fierce tallied up where things stood in terms of layoffs and headcount as of this week The U.S. job market is sailing through rough seas at the moment.

Fierce Network US

Verizon Business's customers primarily consist of government Administration and iT Services and IT Consulting companies. Examples of Verizon Business's customers include Wipro and U.S. Department of Homeland Security (DHS). Verizon Business has partners like Deloitte.

Analysis

Data

Analysis

Data

Verizon Business

2024 Revenue

Founded

Headcount

Headquarters

Primary Segment

Ownership

Deployments

News Summary:

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