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Verizon fact sheet

as of May 20, 2020

Key financials

as of March 31, 2020

  • Reported diluted earnings per share: $1.00
  • Net cash provided by operating activities: $8.8 billion
  • Capital expenditures: $5.3 billion
  • Quarterly dividends per share: $0.6150
  • Shares outstanding: 4.138 billion

Corporate responsibility

as of March 31, 2020

  • The company will go carbon neutral by 2035 (Scope 1 and Scope 2 emissions)
  • Sourcing or generating renewable energy equivalent to 50 percent of its total annual electricity consumption by 2025
  • $1 billion raised in the U.S. telecom industry's first Green Bond

Employees and diversity

Full-year 2019

  • Scored 100% on Disability Equality Index
  • #1 military-friendly company on the 2020 Military Friendly Company List
  • Nearly $50 billion spent with diverse suppliers over the past 10 years
  • Committed to dedicate 2.5 million volunteer hours by 2025

Operating Statistics

As of March 31, 2020



Verizon Consumer Group

The consumer segment for both the company’s wireless and wireline businesses, including wireless wholesale.

  • 93.9M
    retail connections
  • 89.9M
    postpaid connections
  • 13.5M
    Fios digital connections
  • $21.8B
    in total revenue in 1Q20

Verizon Business Group

The segment for wireless and wireline enterprise, small and medium business, government businesses, wireline wholesale and Verizon Connect.

  • 25.7M
    retail connections
  • 1st
    to offer 5G network edge computing with AWS Wavelength
  • $7.7B
    in total revenue in 1Q20

Verizon Media Group

The intersection of media, advertising and technology.

  • 13
    brands that are creating what's next in content, advertising, and technology
  • 900M
    people accessed by across the globe
  • $1.7B
    in total revenue in 1Q20


  • Corporate Headquarters

    1095 Avenue of the Americas, New York, NY 10013

  • Operations Headquarters

    1 Verizon Way, Basking Ridge, NJ 07920