What Companies Does Verizon Own?

What companies does Verizon own? The answer goes far beyond what most people imagine. Verizon isn’t just a wireless carrier—it’s the backbone of countless technologies and services that shape modern communication. From nationwide mobile networks and high-speed fiber to innovative tech investments and prepaid brands, Verizon’s ownership extends deep into every corner of connectivity.

Key Takeaways

• Verizon owns and operates major brands including Verizon Wireless, Verizon Fios, TracFone Wireless, Visible, and Verizon Business, covering wireless communication, broadband, prepaid mobile, and enterprise technology services across the U.S.
• Verizon Wireless is its largest and most profitable division, serving over 137 million subscribers, while Verizon Fios and 5G Home Internet power its high-speed broadband and home connectivity business.
• TracFone Wireless and Visible strengthen Verizon’s presence in the prepaid and digital mobile markets, expanding its reach across diverse customer segments.
• Verizon Business, Verizon Connect, and BlueJeans by Verizon drive growth in enterprise connectivity, IoT, and secure communication, reflecting Verizon’s evolution from a telecom company into a full-scale technology and network solutions leader.

Verizon Overview

Verizon Communications Inc. is one of the largest telecommunications and technology companies in the world. Headquartered in New York City, it operates as a global provider of wireless communications, broadband, and digital services. Verizon is widely recognized for its extensive 5G network, fiber-optic broadband (Fios), and innovative technology ventures that serve millions of customers across the United States. It has grown from a regional telephone company into a dominant force in communication infrastructure, digital media, and enterprise technology.

Company Details

• Full Name: Verizon Communications Inc.
• Type: Public Company
• Stock Symbol: VZ (New York Stock Exchange)
• Headquarters: New York City, New York, United States
• Industry: Telecommunications, Broadband, Technology Services
• Founded: October 7, 1983 (as Bell Atlantic Corporation)
• Employees: Over 100,000 globally
• Primary Services: Wireless communication, broadband internet, fiber-optic services, IoT, digital media, and enterprise solutions.

Verizon serves as the parent company of multiple subsidiaries, including Verizon Wireless, Verizon Fios, and TracFone. Its network spans across all 50 states and is a leading provider of both mobile and fixed internet connectivity in the U.S.

Founders

Verizon was not founded by a single individual but was formed through the restructuring of the Bell System following the antitrust breakup of AT&T in 1983. Bell Atlantic, one of the seven “Baby Bells” created from the breakup, became Verizon’s foundation. The name “Verizon” was later introduced in 2000 after the merger of Bell Atlantic Corporation and GTE Corporation (General Telephone & Electronics).

The name “Verizon” combines the Latin word veritas (meaning truth) and the word horizon, symbolizing trust and forward vision.

Major Milestones

• 1983 – Bell Atlantic Corporation is established as one of the seven Baby Bells after AT&T’s breakup.
• 1984 – Begins operations serving several northeastern U.S. states including New Jersey, Pennsylvania, and Virginia.
• 1996 – Expands into the internet and digital services, introducing early DSL technology.
• 1997 – Bell Atlantic merges with NYNEX, expanding its service coverage across the East Coast.
• 2000 – Bell Atlantic merges with GTE to form Verizon Communications, creating one of the largest telecom companies in the world.
• 2002 – Verizon Wireless launches nationwide, in partnership with Vodafone.
• 2004 – Introduces FiOS, Verizon’s fiber-optic broadband and TV network.
• 2006 – Verizon completes acquisition of MCI Inc., strengthening its business and enterprise communication segment.
• 2008 – Expands its 3G wireless network nationwide, becoming a leader in mobile broadband coverage.
• 2010 – Launches the nation’s first 4G LTE network, positioning itself at the forefront of wireless innovation.
• 2014 – Acquires Vodafone’s 45% stake in Verizon Wireless for $130 billion, gaining full ownership.
• 2015 – Purchases AOL for $4.4 billion, entering the digital media and advertising business.
• 2016 – Begins large-scale rollout of Verizon Fios TV and Internet in additional metropolitan markets.
• 2017 – Acquires Yahoo’s core internet business for $4.48 billion and merges it with AOL to form Oath, later rebranded as Verizon Media.
• 2018 – Names Hans Vestberg as CEO, marking a strategic shift toward 5G technology and digital infrastructure.
• 2019 – Launches the first commercial 5G network in select U.S. cities, expanding rapidly nationwide.
• 2020 – Expands 5G coverage to over 60 cities; introduces 5G Home Internet services.
• 2021 – Sells Verizon Media (including Yahoo and AOL) to Apollo Global Management for $5 billion but retains a 10% ownership stake in Yahoo.
• 2022 – Launches Verizon Business 5G Edge and expands private 5G networks for enterprises.
• 2023 – Expands its 5G Ultra Wideband network nationwide and continues major investment in fiber broadband.
• 2024 – Completes major modernization of its network infrastructure and continues expanding fixed wireless access.
• 2025 – Strengthens position as one of America’s largest telecom companies with over 137 million wireless subscribers and leadership in 5G and broadband services.

List of Companies Owned by Verizon

As of October 2025, Verizon Communications Inc. owns and operates a diverse range of companies, brands, and entities across wireless communication, broadband internet, enterprise solutions, digital technology, and IoT services.

Below is an overview of the major brands, entities, and companies owned by Verizon as of 2025:

Verizon Wireless

Verizon Wireless remains Verizon’s flagship brand and its most profitable division. It provides wireless communication, data, and mobile broadband services to over 137 million customers in the United States. The company manages one of the largest 5G Ultra Wideband networks in the world, offering nationwide coverage. Verizon Wireless offers mobile phone plans, prepaid services, enterprise wireless solutions, mobile hotspots, and IoT connectivity.

It is known for network reliability, performance, and innovation in next-generation technology. Verizon Wireless also operates extensive retail and online platforms under the Verizon brand.

Verizon Fios

Verizon Fios is the company’s fiber-to-the-home broadband service, offering high-speed internet, digital TV, and home phone connectivity. Launched in 2005, Fios was one of the first large-scale fiber-optic networks in the United States. It operates primarily in the Northeast and Mid-Atlantic regions, including New York, New Jersey, Pennsylvania, and Massachusetts.

In 2025, Verizon Fios expanded gigabit internet offerings and integrated 5G Home Internet to improve reach in suburban and rural areas. The Fios brand represents Verizon’s focus on reliable, high-speed connectivity and is a key part of its residential broadband strategy.

TracFone Wireless

Verizon acquired TracFone Wireless in 2021, significantly strengthening its position in the prepaid and value wireless market. TracFone serves over 20 million customers through multiple sub-brands, including Straight Talk, Total by Verizon, Simple Mobile, and Net10 Wireless.

It provides no-contract and prepaid mobile services, catering to cost-conscious consumers. Since the acquisition, Verizon has modernized TracFone’s infrastructure and integrated it into its main network, improving speed, reliability, and coverage for its prepaid users.

Visible

Visible is Verizon’s fully digital mobile service launched in 2018 and operated under its Consumer Group. It offers affordable wireless plans managed entirely through a mobile app with no physical stores or contracts. Visible runs exclusively on Verizon’s 5G and 4G LTE networks and focuses on simplicity, transparency, and accessibility for younger users and digital-first customers.

As of 2025, Visible has become one of the fastest-growing app-based mobile carriers in the U.S.

Verizon Business

Verizon Business is the division responsible for providing advanced communication, networking, and technology solutions to corporations, government organizations, and enterprises worldwide. It focuses on private 5G networks, IoT systems, cybersecurity, cloud computing, and enterprise connectivity.

The division supports industries such as healthcare, energy, logistics, and manufacturing. Verizon Business also develops global network services and managed technology solutions for multinational clients.

Verizon Connect

Verizon Connect focuses on fleet management and telematics solutions. It provides GPS tracking, route optimization, and vehicle analytics for commercial fleets and delivery businesses.

The brand was formed after Verizon merged several telematics acquisitions, including Fleetmatics, Telogis, and Networkfleet. Verizon Connect helps companies improve efficiency, safety, and productivity by providing real-time data and analytics tools. Its telematics software now supports IoT integration for logistics and transportation industries.

BlueJeans by Verizon

Verizon acquired BlueJeans in 2020 to enter the enterprise video conferencing space. BlueJeans provides secure video meetings, webinars, and virtual collaboration tools for corporate and government clients. It integrates directly with Verizon’s secure networks, offering low-latency, high-definition video conferencing.

BlueJeans by Verizon became a preferred platform for businesses seeking enterprise-grade communication tools during the remote work boom.

Yahoo (10% Minority Stake)

In 2021, Verizon sold 90% of Verizon Media (which included Yahoo and AOL) to Apollo Global Management but retained a 10% minority ownership in Yahoo. This allows Verizon to maintain a financial interest in the advertising and content business it developed. Yahoo continues to operate independently but maintains limited collaboration with Verizon for advertising and technology solutions.

Verizon Private Networks

Verizon Private Networks designs and manages secure, high-performance 4G LTE and 5G networks for enterprises, government agencies, and industrial clients. These networks enable private, dedicated connectivity for manufacturing plants, airports, logistics hubs, and smart infrastructure projects. Private 5G solutions have become one of Verizon’s fastest-growing enterprise offerings in 2024–2025.

Verizon Cloud

Verizon Cloud offers secure data storage and cloud backup solutions for both personal and enterprise use. The service provides customers with cloud storage integrated directly with Verizon’s wireless and broadband services, ensuring seamless synchronization and access. For enterprises, Verizon Cloud provides secure infrastructure-as-a-service (IaaS) and data protection solutions designed for 5G environments.

Verizon Frontline

Verizon Frontline is Verizon’s dedicated service for public safety and first responders. It provides mission-critical communication, rugged devices, and 5G-enabled connectivity for emergency situations. The platform ensures network priority, reliability, and security for police, fire, and emergency medical services. As of 2025, Verizon Frontline is used by thousands of public safety agencies across the U.S.

Verizon Partner Solutions

Verizon Partner Solutions provides wholesale communication services to other telecom operators and carriers. It allows smaller companies and resellers to access Verizon’s global infrastructure and network. This division supports both domestic and international wholesale clients, offering services like bandwidth leasing, network access, and interconnectivity.

Verizon ThingSpace

Verizon ThingSpace is the company’s IoT (Internet of Things) platform. It enables developers and businesses to build, manage, and connect smart devices over Verizon’s network. ThingSpace powers millions of IoT connections in sectors such as retail, healthcare, logistics, and manufacturing. It’s part of Verizon’s strategy to lead the next wave of digital transformation through intelligent connectivity.

Verizon Innovation Labs

Verizon Innovation Labs are research and development centers focused on next-generation technologies, including 5G, edge computing, and automation. These labs collaborate with startups, universities, and enterprises to explore emerging technologies and real-world applications for connected systems. Verizon currently operates innovation hubs in New York, Boston, and Silicon Valley.

Verizon Smart Communities

Verizon Smart Communities focuses on building smart city and urban technology solutions. The division works with municipalities to deploy smart infrastructure such as intelligent lighting, connected traffic systems, and environmental sensors powered by Verizon’s 5G and IoT networks. These initiatives aim to create safer, more sustainable, and efficient cities.

Verizon Home Internet

Verizon Home Internet combines its fiber (Fios) and 5G Home Internet services under one brand. It provides high-speed home internet through both fiber-optic lines and fixed wireless technology. The service targets suburban and rural areas where traditional broadband options are limited. In 2025, Verizon expanded Home Internet coverage to over 40 million households.

Verizon Business Group

The Verizon Business Group operates globally and focuses on enterprise networking, cybersecurity, managed connectivity, and private 5G networks. It serves major corporations, small businesses, and international clients. In 2025, this division partnered with major industries to expand secure 5G solutions for industrial automation.

Senion

Verizon acquired Senion, a Sweden-based indoor positioning and location intelligence company, in 2021. Senion specializes in indoor mapping, navigation, and smart building technologies that use sensors and software to track movement inside large facilities such as airports, hospitals, and campuses.

This acquisition helped Verizon enhance its location-based services and support smart city and smart building projects through its 5G and IoT networks. Senion’s technology became part of Verizon’s Smart Communities and private network initiatives, improving real-time tracking and operational efficiency in complex environments.

Cellco Partnership

In 2022, Verizon consolidated its control of Cellco Partnership, the legal entity behind Verizon Wireless, to streamline its regional and corporate structure. This move unified Verizon’s wireless operations under a single management and ownership framework, improving network efficiency and governance. The consolidation allowed Verizon to better align its retail, commercial, and network operations nationwide while reducing regulatory overhead across its regional subsidiaries.

Avocado Systems

In 2023, Verizon acquired Avocado Systems, a cybersecurity startup focused on micro-segmentation and zero-trust cloud security. Avocado Systems developed lightweight security software that isolates workloads and applications in the cloud to prevent data breaches and lateral cyberattacks.

This acquisition expanded Verizon’s cybersecurity portfolio under Verizon Business, enabling it to offer advanced cloud security solutions to enterprise clients. The integration of Avocado’s technology improved Verizon’s capacity to secure corporate networks and data infrastructures in the 5G and IoT era.

Skyward

Verizon acquired Skyward, a drone operations and management platform, in 2023 to expand its capabilities in aerial connectivity and industrial drone deployment. Skyward provides drone fleet management software, pilot training, and connectivity solutions for industries such as logistics, construction, and public safety.

The acquisition aligned with Verizon’s 5G and IoT initiatives, enabling drones to communicate in real time over Verizon’s network. Skyward plays a key role in Verizon’s vision for connected aerial systems and autonomous inspection technologies for industrial operations.

Incognia

In 2024, Verizon acquired Incognia, a location intelligence and fraud prevention company specializing in secure digital identity verification. Incognia’s technology uses behavioral biometrics and geolocation patterns to detect fraudulent activity and verify user identities.

The acquisition strengthened Verizon’s presence in cybersecurity and identity protection, particularly within its enterprise and financial services clients. Integrated into Verizon Business and ThingSpace IoT platforms, Incognia’s technology enhances security for mobile payments, smart devices, and enterprise access systems.

Frontier Fiber Assets

In 2025, Verizon completed the acquisition of select fiber network assets from Frontier Communications. This acquisition expanded Verizon’s fiber infrastructure across underserved regions, improving its broadband reach for residential and business customers.

The deal added thousands of miles of fiber routes and increased Verizon Fios and 5G Home Internet capacity. The integration of Frontier’s fiber network into Verizon’s existing infrastructure allowed the company to enhance connectivity, reduce latency, and deliver faster internet speeds in more U.S. markets.

Verizon Communications Regional Entities

Verizon maintains multiple state and regional subsidiaries to manage regulatory requirements, local operations, and infrastructure maintenance. These entities include:

• Verizon New York Inc.
• Verizon New Jersey Inc.
• Verizon Maryland Inc.
• Verizon Pennsylvania LLC
• Verizon Virginia LLC
• Verizon Florida LLC
• Verizon North Inc.
• Verizon California LLC
• Verizon Delaware LLC
  Each operates under Verizon Communications Inc. and oversees regional service, compliance, and customer relations.

Who Owns Verizon: Top Shareholders

Verizon Communications Inc. is a publicly traded company, so it is owned by its shareholders rather than a single entity or founder. Its shares trade on the New York Stock Exchange under the ticker symbol VZ. The ownership is divided among institutional investors, retail investors, mutual funds, and insiders. Because of this structure, no single shareholder has outright control over Verizon.

A large portion of Verizon’s shares are held by institutional investors — entities such as pension funds, mutual funds, and asset management firms. These institutions collectively own more than half of the company’s outstanding shares. Insiders (i.e., company executives and board members) hold only a very small fraction. The rest is held by retail investors (individuals) and other public shareholders.

Below is a list of the primary shareholders of Verizon as of October 2025:

The Vanguard Group, Inc.

Vanguard is Verizon’s largest institutional shareholder. It holds around 368 million shares, which equals 8.7% of Verizon’s total outstanding stock. Vanguard owns these shares largely through its mutual funds and index funds (especially those tied to large-cap U.S. equity indexes). Though it does not manage Verizon directly, Vanguard wields influence through proxy voting, board elections, and engagement on corporate policy matters.

BlackRock, Inc.

BlackRock holds about 348 million shares, representing approximately 8.3% of Verizon’s equity. It invests via a mixture of ETFs, institutional portfolios, and index funds. Because of its size and reach, BlackRock’s voting power and corporate governance role are significant. It often advocates on issues like sustainability, transparency, and long-term performance.

State Street Corporation

State Street owns roughly 204 million shares, accounting for 4.8% of Verizon’s shares. Its holdings generally come through index and passive investment funds. As a long-term institutional investor, State Street contributes to Verizon’s stable ownership base and participates in key votes on governance and compensation.

Charles Schwab Investment Management

Charles Schwab holds about 110 million shares, which is about 2.6% of Verizon’s total. These shares are usually tied to its mutual funds and client brokerage accounts. Schwab’s stake is smaller than Vanguard’s or BlackRock’s, but it still forms part of the aggregated institutional influence on Verizon.

Geode Capital Management, LLC

Geode owns approximately 99 million shares, equivalent to 2.3% of Verizon. Geode often acts as a sub-adviser for some Vanguard funds, so its holdings may overlap with Vanguard’s exposure. Despite being smaller, Geode’s presence reinforces the depth of Verizon’s institutional ownership.

Morgan Stanley

Morgan Stanley holds about 71 million shares, or around 1.7% of Verizon’s equity. Its stake comes through institutional investment, brokerage accounts, and client portfolios. Morgan Stanley’s position gives it modest influence, but it is also a voice in how the market perceives Verizon through research and investment recommendations.

GQG Partners LLC

GQG Partners owns close to 50 million shares, which works out to approximately 1.2% of Verizon. GQG is a growing investment firm, and its relatively newer or increasing ownership signal shifting institutional interest. Its involvement suggests confidence in Verizon’s value and future prospects.

Norges Bank Investment Management

Norges Bank, the manager of Norway’s sovereign wealth fund, holds about 58 million shares, or 1.4% of Verizon’s stock. This investment reflects global institutional interest. Given Norges Bank’s emphasis on sustainability and corporate governance, its voting and oversight tend to align with long-term ethical investing.

Bank of America Corporation

Bank of America controls approximately 57 million shares, equal to 1.3% of Verizon’s shares. These holdings come through its wealth-management, institutional, and investment arms. Though not among the very largest holders, Bank of America’s stake reflects confidence from major financial institutions in Verizon’s stability.

UBS Asset Management

UBS holds about 42 million shares, representing 1.0% of Verizon’s stock. The firm invests in Verizon shares via global and income-oriented funds. Its long-standing position is consistent with its investment philosophy of owning solid, dividend-paying equities.

JPMorgan Chase & Co.

JPMorgan holds around 39 million shares, or 0.9% of Verizon’s total. Its position is held through investment banking, institutional assets, and client funds. JPMorgan’s dual role as both investor and market analyst means it can influence both perception and capital flows related to Verizon.

Northern Trust Corporation

Northern Trust owns roughly 46 million shares, which is about 1.1% of Verizon. As a fiduciary and asset custodian for institutions and high-net-worth clients, Northern Trust holds Verizon shares in long-term value and income portfolios. Its stable ownership adds depth to institutional backing.

Retail Investors and Company Insiders

Retail investors (individual shareholders, retirement accounts, small funds) collectively hold between 30% and 35% of Verizon’s share base. These investors provide liquidity, distribute ownership broadly, and help ensure active trading of Verizon’s stock.

Company insiders (executives, directors, senior officers) hold less than 0.3% of total shares. Their financial stake is small, but their decision-making roles give them influence over strategy, governance, and operations.

Who is the CEO of Verizon?

As of October 2025, Dan Schulman serves as the Chief Executive Officer of Verizon Communications Inc., succeeding Hans Vestberg, who had led the company since 2018. Schulman officially assumed the CEO role earlier in 2025, marking a significant leadership transition for the telecommunications giant.

Known for his strategic foresight and digital transformation expertise, Schulman’s appointment signals Verizon’s renewed focus on customer experience, digital innovation, and financial performance.

About Dan Schulman

Dan Schulman is a seasoned executive with decades of experience in technology, finance, and telecommunications.

Before joining Verizon, he was the President and CEO of PayPal, where he led the company through its spin-off from eBay and transformed it into one of the most influential digital payment platforms in the world.

Before that, he held senior leadership roles at American Express, Virgin Mobile, and AT&T, giving him a deep understanding of both financial systems and consumer technology.

At Verizon, Schulman is recognized for his leadership style rooted in inclusion, digital modernization, and customer-centric decision-making. His appointment is seen as a move to strengthen Verizon’s position in the 5G, broadband, and enterprise connectivity markets while also exploring opportunities in digital commerce and connected ecosystems.

Leadership and Management Structure

Verizon operates under a multi-tiered executive leadership structure designed for agility, accountability, and innovation. At the top sits Dan Schulman (CEO), who oversees all global operations, strategic planning, and corporate governance.

Supporting him is the Executive Leadership Team (ELT), which includes the heads of major business divisions and corporate functions:

• Tony Skiadas – Chief Financial Officer (CFO)
• Kyle Malady – Chief Technology Officer (CTO)
• Sampath Sowmyanarayan – CEO, Verizon Business
• Manon Brouillette – CEO, Verizon Consumer Group
• Craig Silliman – Executive Vice President, Public Policy & General Counsel
• Ronan Dunne – Strategic Adviser (former head of Verizon Consumer)
• Hans Vestberg – Senior Adviser to the CEO (through 2026 transition period).

This leadership model enables Verizon to manage its vast network of consumer, enterprise, and technology operations efficiently. The management team collaborates closely to drive innovation across the company’s 5G, fiber, IoT, and enterprise solutions.

Hans Vestberg’s Legacy and Continuing Role

Hans Vestberg, who served as CEO from 2018 to early 2025, played a transformative role in Verizon’s modernization. Under his leadership, Verizon became the first major carrier to deploy 5G Ultra Wideband service and expanded its fiber and enterprise businesses. Vestberg also drove investments in network infrastructure, cybersecurity, and sustainability.

Although he stepped down as CEO in 2025, Vestberg continues to serve as Senior Adviser to the CEO through 2026, ensuring continuity in strategy and oversight of major technology projects, particularly Verizon’s next-generation network initiatives.

Dan Schulman’s Vision and Strategy for Verizon

Schulman’s leadership vision centers on digital inclusion, operational efficiency, and expanding Verizon’s ecosystem beyond traditional telecommunications. His strategy emphasizes:

• Enhancing customer value through simplified service models and bundled connectivity offerings.
• Expanding Verizon’s 5G coverage and fixed wireless broadband nationwide.
• Integrating AI, automation, and edge computing into the company’s core network services.
• Strengthening Verizon Business’s enterprise and cloud partnerships.
• Maintaining disciplined financial growth and shareholder returns.

Schulman’s forward-thinking approach mirrors his success at PayPal, where he championed financial access and global digital innovation. At Verizon, he aims to blend technology, connectivity, and financial solutions to create more accessible and intelligent networks.

Dan Schulman Compensation

Dan Schulman’s compensation package as Verizon’s CEO reflects both fixed and performance-based pay. As of October 2025, his annual compensation is estimated at approximately $27 million, which includes:

• Base salary: Around $1.7 million
• Stock awards and options: Approximately $20 million
• Annual bonuses and incentives: Roughly $5 million
• Other compensation: Benefits, allowances, and deferred compensation totaling about $0.3 million.

This compensation aligns with Verizon’s executive pay philosophy, which ties a significant portion of rewards to company performance, shareholder value creation, and strategic execution milestones.

Dan Schulman Net Worth

As of October 2025, Dan Schulman’s estimated net worth is approximately $394 million. His wealth primarily comes from his tenure at PayPal, where he earned significant equity and performance-based compensation, as well as long-term holdings and investments.

His stake in Verizon, though smaller compared to institutional shareholders, includes performance-based stock units and restricted shares awarded under his CEO contract. Schulman’s financial standing also reflects his advisory roles, board memberships, and long-term executive experience across global corporations.

Verizon Annual Revenue and Net Worth

Verizon’s financial standing in 2025 underscores both its scale and resilience. The company’s annual revenue is reported at $134 billion, while its net worth (market capitalization/equity valuation) is estimated at $190 billion as of October 2025.

2025 Revenue

In 2025, Verizon brings in approximately $134 billion in total revenue. While this may represent a modest growth or near-flat performance relative to prior years, it is still a substantial figure driven by multiple business lines.

The wireless services segment remains the largest contributor, including both postpaid and prepaid plans, device sales, network usage, and data services. Broadband services—through Fios and fixed wireless access—provide stable recurring income, especially as more households seek high-speed internet.

The enterprise and business segment, encompassing private networks, cloud services, IoT, and managed solutions, adds growing diversification to Verizon’s revenue mix.

The mix of consumer services and enterprise contracts helps buffer the business against fluctuations in any one line. For example, device upgrades and wireless plans help drive short-term revenue surges, while enterprise contracts and broadband subscriptions provide a steady baseline income.

Net Worth 2025

As of October 2025, Verizon’s net worth is estimated at $190 billion. This figure reflects investor valuation based on stock price, total assets, debt, and expectations of future earnings. Net worth here includes both tangible assets—such as towers, fiber, data centers, and spectrum licenses—and intangible assets like brand strength, intellectual property, network software, and subscriber contracts.

The gap between revenue and net worth highlights how much value the market places on Verizon’s infrastructure, growth prospects, and competitive positioning. Verizon’s ability to generate reliable cash flows and pay dividends also supports its valuation premium.

Revenue Contribution & Segment Dynamics

• Wireless / Mobile: The dominant revenue driver (postpaid, prepaid, device upgrades, network service)
• Broadband & Fixed Connectivity: Fios, fixed wireless, and home internet revenue add stability and recurring income
• Enterprise & Business: Private networks, industrial IoT, managed services, and security offerings enhance margin potential
• Devices & Equipment: Sales of phones, routers, and accessories complement subscription revenue.

Net Worth Components

• Debt & Liabilities: Net worth also adjusts for outstanding obligations; Verizon’s financial management helps preserve equity value
• Network Infrastructure: Investment in 5G, fiber, edge computing, and network densification
• Spectrum & Licenses: Valuable frequency holdings underpin Verizon’s ability to deliver high-speed services
• Subscriber Base: Millions of recurring contracts across wireless and broadband yield predictable cash flow
• Intangible Value: Brand reputation, intellectual property, software platforms, and customer relationships.

Final Words

What companies does Verizon own reveals how vast and strategic this telecom giant truly is. Verizon’s ownership network reflects a company that has grown far beyond its origins in traditional phone service. It built one of the most dependable wireless networks, expanded into fiber broadband through Fios, and reached millions of prepaid customers through TracFone. The companies Verizon owns today highlight its focus on innovation, connectivity, and long-term growth. From powering 5G to investing in future technologies, Verizon continues to shape how the world communicates—proving that its influence extends far beyond the phone in your hand.

FAQs

Who owns Verizon?

Verizon Communications Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol VZ. It is owned by millions of shareholders, with the majority of shares held by large institutional investors such as The Vanguard Group, BlackRock Inc., and State Street Corporation. No single individual or company owns Verizon outright — ownership is distributed among public and institutional investors worldwide.

What companies does Verizon own in the USA?

In the United States, Verizon owns several major companies and brands across telecommunications, broadband, and enterprise technology. These include Verizon Wireless, Verizon Fios, TracFone Wireless, Visible, Verizon Business, Verizon Connect, BlueJeans by Verizon, and Verizon Smart Communities. Each operates within different segments such as mobile service, broadband, IoT, enterprise solutions, and digital collaboration.

What companies are owned by Verizon Wireless?

Verizon Wireless is part of Verizon Communications and operates multiple brands and sub-services under its umbrella. These include Visible, Total by Verizon, Straight Talk, Simple Mobile, and Net10 Wireless. These brands serve both postpaid and prepaid mobile markets, offering nationwide coverage through Verizon’s wireless network.

What subsidiaries are owned by Verizon Wireless?

Verizon Wireless operates through a network of subsidiaries and business entities, including Cellco Partnership, which legally manages Verizon’s wireless operations. Additional subsidiaries and brands under its management include Visible, TracFone Wireless, and various prepaid mobile brands. Verizon Wireless also collaborates with Verizon Consumer Group for customer experience and service delivery across the U.S.

What phone companies are owned by Verizon?

Verizon owns several phone and mobile service brands, including Verizon Wireless, TracFone Wireless, Total by Verizon, Visible, Straight Talk, Net10 Wireless, and Simple Mobile. These brands cover both contract-based and prepaid mobile markets, allowing Verizon to serve a broad range of customers from premium users to budget-conscious consumers.

Which country owns Verizon?

Verizon is an American company headquartered in New York City, United States. It is not owned by any country or government; rather, it is publicly owned by individual and institutional investors. However, the company operates primarily within the U.S. and serves millions of customers across the country.

Does AT&T own Verizon?

No, AT&T does not own Verizon. AT&T and Verizon are separate and direct competitors in the U.S. telecommunications market. Both companies originated from the breakup of the original AT&T Bell System in the 1980s but have since evolved into independent entities.

Is T-Mobile owned by Verizon?

No, T-Mobile is not owned by Verizon. T-Mobile is owned by Deutsche Telekom AG, a German telecommunications company. Verizon and T-Mobile are competitors in the U.S. mobile network market, each operating independently with separate infrastructures and customer bases.

What phone company is part of Verizon?

The main phone company that forms part of Verizon is Verizon Wireless, which is a wholly owned subsidiary of Verizon Communications Inc. It handles Verizon’s mobile network operations and services. Other phone companies under Verizon’s umbrella include TracFone Wireless, Total by Verizon, Visible, Straight Talk, and Simple Mobile, all of which operate on Verizon’s network.