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VERIZON COMMUNICATIONS INC. Competition

Verizon is the #1 wireless phone service in the US (ahead of rival AT&T Mobility) and the #2 US telecom services provider overall (after AT&T). The company's core mobile business, Verizon Wireless, serves about 113 million retail connections. Verizon's wireline unit, with more than 18 million voice connections (end of 2015), provides local telephone, long-distance, internet access, and digital TV services to residential and wholesale customers. In addition, Verizon offers a wide range of telecom, managed network, and IT services to commercial and government clients in more than 150 countries. Verizon has moved to expand its video and advertising capabilities with the acquisitions of AOL in 2015 and of Yahoo assets in 2016 for a total of some $9 billion.

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Year Founded

1983

Annual Revenue (mil)

$131620.0