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Verizon Wireless Inc. - Company Profile

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Verizon Wireless Inc. - Overview

Description
Verizon Wireless is a public company headquartered in New Jersey with an estimated 118,400 employees. In the US, the company has a notable market share in at least two industries: Wireless Telecommunications Carriers, The Retail Market for Smartphones and The Retail Market for Smartphones. Their largest market share is in the Wireless Telecommunications Carriers industry, where they account for an estimated 20.8% of total industry revenue.
Company Details

Registered Name: Verizon Wireless Inc.

Company Type: Other

Headquarters: 180 Washington Valley Road Bedminster NJ 07921

Employees: 118400

Verizon Wireless Inc. - Operating Industries and Main Competitors

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Verizon Wireless Inc. - Products and Services

  • The Retail Market for Smartphones

  • Of the 5 core revenue-generating products and services in the The Retail Market for Smartphones industry, Verizon Wireless Inc. offers:
    • Alcatel
    • Apple Inc.'s iPhone
    • LG smartphones
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Verizon Wireless Inc. - Analyst Insights

Verizon Continues to Innovate the Call Filter App, Fighting Against Robocalls

In 2022, Verizon Wireless (Verizon) announced that it has added new features to the Call Filter App, as it continues to fight against the 20 billion unwanted robocalls that go out to its customers. At no cost, customers now have the option to send unwanted calls directly to voicemail and even stop them before they even reach their device. Using analytics, Verizon has worked to identify the criminal sources of illegal call campaigns and has worked with Industry Traceback Group to notify law enforcement once they identify where each robocall comes from.

Balance Sheet|New Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Verizon Wireless Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Verizon Wireless Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Wireless Telecommunications Carriers in the US, and The Retail Market for Smartphones industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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This profile on Verizon Wireless Inc. includes:

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  • Industry Market Share Breakdown
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  • Products and Services
  • Key Company Benchmarks
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