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.
On September 11, 2026, Verizon CEO Dan Schulman, at the Goldman Sachs Communacopia + Technology 2026 conference, discussed his approximately one-year tenure, stating his focus on delivering a return on investment for investors and emphasizing the need for a cultural "shaking up" within the company. Schulman expressed enthusiasm for selling dark fiber to hyperscalers, indicating a strategic shift from what he described as Verizon "being more prey than predator." This follows the company's multi-billion dollar agreement with Corning on September 10, 2026, for the deployment of over 80 million miles of high-density optical fiber and connectivity solutions between 2027 and 2032. This deal aims to support surging demand for consumer broadband, converged services, and emerging AI needs.
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Verizon Consumer offers 8 products in the media and telecoms services industry. Verizon Consumer's product portfolio comprises of telecoms, media and TV services and consumer electronics.
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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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