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Verizon Communications

Deloitte alliance

Verizon Communications is a US telecommunications company providing wireless, broadband, enterprise networking and IoT services.

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Headquarters
New York, US
Founded
1983
Employees
99,600 (2024)
Size
10,000+
Stock exchange
NYSE: VZ
Revenue (USD)
134.8B
Deloitte alliance listings: VERIZON

Company profile

Verizon operates one of the largest US wireless and fiber networks, and its Verizon Business unit sells 5G connectivity, private wireless networks, managed network services, IoT and managed security to enterprises and governments. It is notable for its network scale, its private 5G and mobile edge offerings, and its annual Data Breach Investigations Report.

Ownership
Publicly listed · NYSE: VZ
Employees
50,000+

Industries served

Key offerings

Verizon Private 5G NetworkVerizon Business Internet and 5GThingSpace IoT platformManaged security servicesNetwork as a Service

Typical use cases

  • Private 5G for factories, ports and campuses
  • Fleet and asset tracking with IoT connectivity
  • Managed SD-WAN and enterprise network outsourcing

Strengths

  • Extensive US wireless and fiber network coverage
  • Mature private 5G and mobile edge offerings
  • Broad managed network and security services portfolio

Considerations

  • Network footprint strongest in the US
  • Large telecom contracts can be rigid and lengthy
  • Private 5G business cases still maturing for many buyers

Typical Deloitte services

  • 5G and edge computing use-case development
  • Network transformation and managed services
  • IoT solution design and deployment

Editorial profile based on public information.

Verizon Communications products

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