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Fact sheet.

As of October 24, 2023

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on


Fast facts
June 30, 2000 and is one of the world’s leading providers of
technology and communications services. Headquartered in New Chairman and CEO: Hans Vestberg
York City and with a presence around the world, Verizon generated 2022 revenue: $136.8 billion
revenue of 136.8 billion in 2022. The company offers voice, data and
2022 dividends paid: $10.8 billion
video services and solutions on its award-winning networks and
platforms, delivering on customers’ demand for mobility, reliable Fortune rank: 26
network connectivity, security and control. Verizon was the first Stock symbol: VZ (NYSE & Nasdaq)
company in the world to launch commercial 5G for mobility, fixed Retail locations: Nearly 1,500
wireless and mobile edge computing. The company's operating Fortune 500 99 percent
structure focuses on two customer-facing areas: Consumer and customers served:
Business. Citizen Verizon is the company’s responsible business Countries served: 150+
plan for economic, environmental and
social advancement.

Key financials Corporate responsibility Employees and diversity


Through September 30, 2023 Full-year 2022
• Expected to achieve net zero
operational emissions by 2035 • Scored 100% on Disability
• Reported diluted earnings
(Scope 1 and Scope 2 emissions) Equality Index
per share: $3.40
• 10 million youths provided with digital • #4 military-friendly company on the
• Net cash provided by operating 2023 Military Friendly Company List
skills training by 2030
activities: $28.8 billion
• 1 million small businesses provided • More than $55 billion spent with
• Capital expenditures: $14.2 billion
with resources to help them thrive in diverse suppliers over the past 10 years
• Quarterly dividends the digital economy by 2030
• Committed to dedicate 2.5 million
per share: $0.6650 • 500,000 individuals prepared for volunteer hours by 2025
jobs of the future by 2030
• Shares outstanding: 4.204 billion

Global network and Verizon Consumer Group Verizon Business Group


technology Through September 30, 2023 Through September 30, 2023
Through September 30, 2023
• 114.1 million wireless retail connections • 29.5 million wireless retail postpaid
• 99% U.S. population covered by 4G LTE connections
• 92.7 million wireless retail postpaid
• Over 1 million miles of global fiber connections • $7.5 billion in total revenue in 3Q23
• 8.8 million broadband connections, including
6.9 million Fios Internet connections

• $25.3 billion in total revenue in 3Q23


The Business segment provides various wireless
The Consumer segment provides consumer-focused and wireline communications services and products
Verizon provides 5G, 4G LTE, Fiber Optic wireless and wireline communications services and for Enterprise and Public Sector, Business Markets
and Multi Edge Compute (MEC) services. products, as well as FWA broadband and Fios. & Other, and Wholesale customers.

Corporate Headquarters Operations Headquarters


1095 Avenue of the Americas, New York, NY 10036 1 Verizon Way, Basking Ridge, NJ 07920

Updated October 24, 2023

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