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Verizon Communications

Verizon Communications
2000 FOUNDED
PUBLIC STATUS
>100K EMPLOYEES
VZ STOCK SYMBOL
62 INVESTMENTS
$57.77 SHARE PRICE (As of Friday Closing)
Description

Verizon is now primarily a wireless business (70% of revenue and nearly all operating income). It serves about 89 million postpaid and 4 million prepaid phone customers and connects another 24 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.

Website
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Telecommunications Service Providers
Other Industries
Buildings and Property
Stock Exchange
NYS
Primary Office
  • 1095 Avenue of the Americas
  • New York, NY 10013
  • United States

+1 (212) 000-0000
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Verizon Communications Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$48.84 - $61.58 $239B $57.34 $3.88 13.9M 4.14B

Verizon Communications Financials Summary

In Thousands,
USD
TTM
31-Mar-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 356,089,900 348,908,889 322,630,803 324,398,720
Revenue 131,219,000 130,863,000 126,034,000 125,980,000
EBITDA 42,402,000 41,765,000 42,199,000 41,231,000
Net Income 16,015,000 15,528,000 30,101,000 13,127,000
Total Assets 283,947,000 264,829,000 257,143,000 244,180,000
Total Debt 113,659,000 113,063,000 117,095,000 108,078,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Verizon Communications Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Verizon Communications Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
AT&T Corporation Dallas, TX 000000 000 000000000 000
0.0. 00000000 Formerly PE-Backed Chicago, IL 0000 0000
0-000000 Corporate Backed or Acquired Albuquerque, NM 00000 000000&0
000000 Corporate Backed or Acquired Overland Park, KS 00000 0000 000000&0 0000
00000000 00000 Corporation London, United Kingdom 00000 00000000
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Verizon Communications Investments & Acquisitions (62)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000000 01-Mar-2019 000000000000000000 Network Management Software 000000000 00000000
000000 16-Nov-2018 000000000000000000 Network Management Software
000000 (000 0000) 19-Apr-2018 000000000000000000 Media and Information Services (B2B) 00000 000000
00000000 0000 0000 28-Feb-2018 000000000000000000 00.00 Wireless Service Providers 000000 000000
Niddel 05-Jan-2018 Merger/Acquisition Network Management Software 000000000 00000000
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Verizon Communications Exits (23)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000000000 06-Jun-2016 000000000 00000000 00000 Completed
  • 0000000 0000000000
0000000 25-Jan-2014 0000 00000 00000 Completed
  • 0000000 0000000000
00000000 19-Sep-2012 00000 00000 00 000.00 Completed
  • 9 buyers
0000000 0000 10-Sep-2012 00000 00000 00 0000 Completed
  • 6 buyers
Skyfire Labs 25-Jan-2012 Later Stage VC 00.000 Completed
  • 4 buyers
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Verizon Communications Subsidiaries (16)

Company Name Industry Location Founded
Verizon Media Tech Venture Studio with R/GA Accelerator/Incubator New York, NY 2017
00000000000 Network Management Software Denver, CO 0000
00000000 0000 0000 Wireless Service Providers Glen Allen, VA 0000
0000000 Application Software Portland, OR 0000
000000 Network Management Software Los Angeles, CA 0000
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Verizon Communications Executive Team (82)

Name Title Board
Seat
Contact
Info
James Gerace Chief Communications Officer
Roger Gurnani Chief Information and Technology Architect & Executive Vice President
Marc Reed Executive Vice President, Director & Chief Administrative Officer
Diego Scotti Chief Marketing Officer & Executive Vice President
Craig Silliman JD Executive Vice President for Public Policy & General Counsel

46 Former Executives

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Verizon Communications Board Members (13)

Name Representing Role Since Contact
Info
00000000 0000 00. Self Board Member 000 0000
0000000 00000 Verizon Communications Director 000 0000
0000000 000000 Self Board Member 000 0000
0000 00000000 Verizon Communications Chairman & Chief Executive Officer 000 0000
0000000 000000 Verizon Communications Board Member 000 0000

3 Former Board Members

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