VERIZON COMMUNICATIONS INC

Verizon Communications Inc. is a holding company that provides communications, technology, information, and entertainment products and services to consumers, businesses, and government entities around the world. Its principal executive offices are located in New York, NY. The company operates through two reportable segments: Verizon Consumer Group and Verizon Business Group. Verizon Consumer Group provides consumer-focused wireless and wireline communications services and products, including wireless services, wireless equipment, residential fixed connectivity solutions, and non-connectivity services. The Consumer segment's revenues were $101.6 billion in 2023, representing approximately 76% of Verizon's consolidated revenues. Verizon Business Group provides wireless and wireline communications services and products to businesses, government customers, and wireless and wireline carriers. The Business segment offers a broad portfolio of connectivity, security, and professional services. In 2023, the Business segment's revenues were $30.1 billion, representing approximately 22% of Verizon’s consolidated revenues. Verizon's global network architecture includes both wireless and wireline technologies, and the company is transforming its networks into a next-generation multi-use platform called the Intelligent Edge Network. Verizon is also leading the development of 5G wireless technology and has begun deploying C-Band spectrum, which covers approximately 242 million people in the U.S. The company uses a combination of direct, indirect, and alternative distribution channels to market and distribute its products and services to Consumer and Business customers. Verizon's website is verizon.com, and its ticker symbol is VZ.