Verizon - About the company
Verizon is a public company based in New York City (United States), founded in 1983. It operates as a Provider of wireless, internet, TV, and phone services. Verizon has raised an undisclosed amount in funding. The company has 3706 active competitors, including 53 funded and 576 that have exited. Its top competitors include companies like T-Mobile, MTN and AT&T.
Company Details
Provider of wireless, internet, TV, and phone services. The company delivers mobile and home internet solutions, including Fios Home Internet and 5G Home Internet. It offers a range of accessories, including phone cases, screen protectors, and chargers. The company provides prepaid plans, smartphones, tablets, and smartwatches. It supports communities through digital inclusion programs, workforce development, and environmental responsibility initiatives.
- Website
- www.verizon.com
- Email ID
- *****@verizon.net
- Phone Number
- +1 **********
Key Metrics
Founded Year
1983
Location
New York City, United States
Stage
Public
Latest Funding Round
Investors
Ranked
6th among 3706 active competitors
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
101,975 as on Sep 30, 2026
Exit Details
Public
Legal entities associated with Verizon
Verizon is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERIZON DENMARK A/S CIN: 17889087 , Denmark, Active | Jun 30, 1994 | - | - | |
Verizon Estonia OÜ CIN: 11586606 , Estonia, Active | Feb 04, 2009 | €0 - €1M (As on Dec 31, 2023) | - | |
VERIZON COMMUNICATIONS INC CIN: 732712 , United States, Active | Oct 06, 1983 | $1B+ (As on Dec 31, 2025) | 117100 (As on Dec 31, 2022) | - |
VERIZON COMMUNICATIONS INDIA PRIVATE LIMITED CIN: U64202DL2002PTC113779 , India, Active | Jan 11, 2002 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 42 (As on May 01, 2026) | |
VERIZON DATA SERVICES INDIA PRIVATE LIMITED CIN: U72300TN2001PTC046551 , India, Active | Feb 02, 2001 | ₹1,000+ Cr (As on Mar 31, 2025) | 6862 (As on Mar 31, 2024) |
Verizon's IPO details
Verizon got listed on Nov 25, 1983.
Click here to take a look at Verizon's IPO in detail
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Verizon's funding and investors
Verizon has raised funding over 8 rounds. Its first funding round was on Feb 09, 2006. Its latest funding round was a Grant (prize money) round on Sep 22, 2022 for $*****. 1 investor participated in its latest round. Verizon has 19 institutional investors.
Here is the list of recent funding rounds of Verizon:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 22, 2022 | 2672553 | Grant (prize money) | 1375797 | 9462330 | 3735479 | 8829880 |
Feb 17, 2021 | 6974408 | Post IPO | 8849119 | 9987690 | 6984750 | |
Feb 06, 2019 | 4747642 | Conventional Debt | 6158980 | 2252760 | 1228243 | 5554174 |
View details of Verizon's funding rounds and investors
Verizon's founders and board of directors
Founder? Claim ProfileHere are the details of Verizon's key team members:
- Dan Schulman: Co-CEO of Verizon. Contact Info: 4 email addresses
View details of Verizon's Founder profiles and Board Members
Verizon's employee count trend
Verizon has 101,975 employees as of Sep 26. Here is Verizon's employee count trend over the years:
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Verizon's Competitors and alternates
Top competitors of Verizon include T-Mobile, MTN and AT&T. Here is the list of Top 10 competitors of Verizon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | T-Mobile 1994, Bellevue (United States), Public | Provider of mobile telecommunication services | - | 82/100 | |
2nd | MTN 1994, Fairland (South Africa), Public | Provider of mobile network services | $7.05M | 81/100 | |
3rd | AT&T 1876, Dallas (United States), Public | Provider of wireless and internet services | - | 79/100 | |
4th | SK Telecom 1984, South Korea, Public | Provider of integrated telecommunication services | - | 78/100 | |
5th | Company that offers mobile phones, internet, and clean energy services | $8.99M | 78/100 | ||
6th | Verizon 1983, New York City (United States), Public | Provider of wireless, internet, TV, and phone services | - | 79/100 | |
7th | Telecom Italia 1994, Rome (Italy), Public | Integrated telecom service provider | - | 78/100 | |
8th | Provider of mobile internet services for home and offices | $19.7M | 77/100 | ||
9th | Integrated telecom and IPTV services provider | - | 77/100 | ||
10th | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 77/100 |
Looking for more details on Verizon's competitors? Click here to see the top ones
Verizon's Investments and acquisitions
Verizon has made 147 investments in companies including TechSTL and AIM. Verizon has also acquired 32 companies including Starry and Frontier Communications.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 08, 2025 | Acquisition | 2014 | Boston (United States) | |
Sep 05, 2024 | Acquisition | 1935 | Norwalk (United States) | |
Dec 06, 2023 | Investments | 2013 | St. Louis (United States) |
See all investments and acquisitions by Verizon
Reports related to Verizon
Here is the latest report on Verizon's sector:
News related to Verizon
Media has covered Verizon for a total of 376 events in the last 1 year, 235 of them have been about company updates and 35 about partnerships.
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Ericsson and Verizon Conduct Pre-6G Field Trial for 7 GHz BandTelecompaper•Oct 16, 2026•Ericsson, Verizon
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Verizon Exec Overhaul Continues as Chief Network Officer Adam Koeppe DepartsDCD•Oct 09, 2026•Verizon
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SpaceX Acquires Low-Band Spectrum to Compete as Major Mobile CarrierTime News•Oct 09, 2026•SpaceX, Grain Management, AT&T, Verizon and 2 others
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Ericsson CEO: India's 5G network to boost manufacturing, AI adoption, pave way for 6GThe Tribune•Oct 07, 2026•Ericsson, Verizon
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Verizon's New Growth Catalysts: Frontier Fiber and AI Infrastructure Bolster 6% YieldWall St.•Sep 28, 2026•Verizon
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