Verizon Consumer is a Privately Owned company headquartered in the US and operates as a division of Verizon. Founded in 2000, the company employs approximately 94,680 individuals and reported $106.8B in revenue as of 2025. It specializes in telecoms, serving as a primary provider of wireless and wireline telecommunications to more than 115 million individual customers and households in the United States. Its operational strategy emphasizes a digital-first, customer-centric model aimed at simplifying service plans and integrating high-speed 5G Home Internet with its Fios fiber-optic infrastructure. The Consumer Group also develops a lifestyle ecosystem through its "myPlan" offerings, which bundle entertainment and productivity perks such as Disney+, Netflix, and Apple One directly into mobile subscriptions.
Verizon plans to terminate traditional copper landline telephone service in parts of northern New York by the close of November, according to notices mailed to customers. The carrier intends to replace these aging networks with fiber-optic connections or wireless alternatives, which it describes as more modern and secure. Also on September 18, 2026, Verizon's 19% stock gain this year stemmed from a $20 billion acquisition-driven re-rating, not organic growth in its core wireless revenue, with wireless service revenue remaining flat and profits derived from cost cuts rather than business expansion or service growth. Previously, on September 17, Keysight Technologies joined the Verizon 6G Innovation Forum, contributing independent design emulation and test expertise to the ecosystem focused on pre-standard 6G research, prototyping, and field readiness. Earlier the same day, Cisco Systems joined Verizon's expanded 6G Innovation Forum as a core partner, with the partnership centering on 6G research that integrates wireless connectivity with sensing capabilities and AI-native networking architectures.
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Verizon Consumer offers 8 products in the media and telecoms services industry. Verizon Consumer's product portfolio comprises of telecoms, media and TV services and consumer electronics.
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Verizon Consumer's revenues were over $1B in 2025. Caretta Research has split Verizon Consumer's revenue into 6 different product categories, the largest of which is mobile services. For full access to Verizon Consumer's revenue breakdown subscribe to Caretta Portal.
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