Verizon Consumer is a Privately Owned company headquartered in the US and operates as a division of Verizon. Founded in 2000, the company employs approximately 94,680 individuals and reported $106.8B in revenue as of 2025. It specializes in telecoms, serving as a primary provider of wireless and wireline telecommunications to more than 115 million individual customers and households in the United States. Its operational strategy emphasizes a digital-first, customer-centric model aimed at simplifying service plans and integrating high-speed 5G Home Internet with its Fios fiber-optic infrastructure. The Consumer Group also develops a lifestyle ecosystem through its "myPlan" offerings, which bundle entertainment and productivity perks such as Disney+, Netflix, and Apple One directly into mobile subscriptions.
Verizon FiOS customers and businesses in Deptford and Woodbury, New Jersey, have experienced an outage affecting television, internet, and phone service since Monday, July 30, with restoration estimates repeatedly delayed. Earlier on July 30, a Semafor report indicated that Verizon is reportedly preparing for a sale to SpaceX, with CEO Dan Schulman undertaking corporate restructuring, including bringing Alfonso Villanueva, previously with Schulman at PayPal, to Verizon as Chief Transformation Officer in November. Also on July 30, St. Mary’s County commissioners approved a cable franchise agreement with Verizon Maryland LLC, allowing the company to own, operate, and maintain a cable television system using its existing fiber-to-the-premises network, expanding Fios services in the county. This follows the July 30 announcement that Bain Capital and Tillman Global Holdings agreed to invest $1.5 billion in Eaton Fiber to extend Verizon Communications' fiber broadband reach, a plan that includes Verizon's acquisition of Ripple Fiber and the integration of Ripple's network assets and customers into its footprint.
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Verizon Consumer offers 8 products in the media and telecoms services industry. Verizon Consumer's product portfolio comprises of telecoms, consumer electronics and media and TV services.
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Verizon Consumer's revenues were over $1B in 2025. Caretta Research has split Verizon Consumer's revenue into 6 different product categories, the largest of which is mobile services. For full access to Verizon Consumer's revenue breakdown subscribe to Caretta Portal.
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