Fortune MNC 500 India 2026 edition
Rank#129- Total income
- ₹5,988 Cr
- Profit
- ₹628 Cr
Last year #146
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About Verizon
Verizon is a publicly listed company based in New York (United States) founded in 1983. Mobile and internet services are provided to homes and businesses. The company has 99,600 employees. Verizon has completed 34 acquisitions, including AOL, BioGaming and BlueJeans Network. Its chief executive, as recorded, is Hans Vestberg. Its website verizon.com draws about 55.9 million monthly visits. Its Indian entity Verizon Data Services India Private Limited reported revenue of ₹5,988 Cr. Its focus areas include Telecom, Telecom Operators and Cellular.
Company details
Verizon Communications Inc. delivers broadband and other wireline and wireless communication innovations to mass market, business, government, and wholesale customers. As of September 2014, Verizon Wireless operates as Americas largest wireless network provider. Verizons Wireline operations include Verizon Business and Verizon Telecom, which brings customers converged communications, information and entertainment services over Verizons fibre-optic network. Verizon Communications Inc., headquartered in New York, is a Dow 30 company employing a diverse workforce of more than 180,000 dedicated employees around the globe. In 2022, the company recorded annual revenues of 136.19B and a net profit of 21.59B.
Verizon is ranked #129 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Verizon
- Headquarters New York, United States
- Employees 99,600
- Stage Public
- SectorsTelecommunications
- Website category Computers Electronics and Technology · Telecommunications
- Email••••••••
- Phone•••• ••••
- Website verizon.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Verizon Communications Inc.
Operational Areas
Key Metrics
- Indian entity revenue₹5,988 Cr
FY 2025 · +10% YoY
- Indian entity net profit₹628 Cr
FY 2025 · 10% margin
- Indian entity EBITDA₹1,118 Cr
FY 2025 · 19% margin
- Latest Funding Round$11.5M (USD), Grant
Sep 2022
- InvestorsNew York State
& 3 more
- Employee Count99,600
- Investments & AcquisitionsAOL
& 33 more
Associated legal entities of Verizon
Verizon operates through Verizon Data Services India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Verizon Data Services India Private Limited CIN U72300TN2001PTC046551 | Active | 02 Feb 2001 | Chennai, Tamil Nadu | ₹5,988 Cr | 6,851 | 2 | View details |
Apps and channels of Verizon
Verizon publishes 2 mobile apps with over 1.1M+ downloads; its YouTube channel Verizon has 472K subscribers and 30 videos.
Videos from Verizon
The most watched videos on Verizon's YouTube channel, Verizon (472K subscribers). Click a video to play it here.
Get the new iPhone 17 Pro with Verizon.
Don’t Buy the BS
No one gets you closer.
Ya Hear Us Now
More on Verizon.
Funding Insights of Verizon
- Total Rounds 8
- Last Round Grant — $11.5M
- First Round $21.27B
(Feb 2006)
- Investors Count 4
All 8 funding rounds of Verizon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $11.5M | Grant | – | – | |
| Feb 2021 | $8.6B | Post-IPO | – | – | |
| Feb 2019 | $1B | Debt – Conventional | – | – | – |
| Feb 2018 | $70.7M | Grant | – | – | |
| Nov 2016 | $18,976 | Grant | – | – | |
| May 2015 | $567,224 | Grant | – | – | |
| Mar 2007 | $1B | Debt – Conventional | – | – | – |
| Feb 2006 | $21.27B | Debt – Conventional | – | – | – |
Valuation history
4 investors in total: 4 institutional.
Investors in Verizon
Verizon has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include New York State, Berkshire Hathaway and European Union.
All
Institutional
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Military forces are provided by the U.S. Department of Defense for national security. | defense.gov | Washington, D.C., United States | ||
Provider of multinational conglomerate services | 1889 | berkshirehathaway.com | Omaha, United States | |
Provides the information about government agencies in New York | ny.gov | United States | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
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Investor details for Verizon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Verizon Data Services India Private Limited (Verizon)
Verizon Data Services India Private Limited is the primary company behind Verizon. The board of Verizon Data Services India Private Limited currently have 2 directors; the longest-serving is Prasad Venkata Anjaneya Annadanam, appointed in 2013. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prasad Venkata Anjaneya Annadanam DIN 06529777 | Director | 19 Mar 2013 | 13 yrs 7 mo | Verizon Data Services India Private Limited |
| Vijayaraman Subramanian DIN 08597903 | Managing Director | 31 Oct 2019 | 7 yrs | Verizon Data Services India Private Limited |
People of Verizon
984 people are tracked at Verizon (483 in leadership, 9 in board & advisors, 492 in team); the tracked headcount is 99,600.
| Name | Role | Group |
|---|---|---|
Hans Vestberg | CEO | Leadership |
Aaron Silverberg | Associate Director, Brand Strategy | Leadership |
Mike Sarcone | Vice President - Verizon Value Brands | Leadership |
Jay Lockhart | Associate Director - Sales Operations & Enablement | Leadership |
Ronita Mathias | Senior Vice President - Corporate Finance | Leadership |
Eleanor Walsh | Associate Director | Leadership |
Denise Houlihan | Associate Director- Business Sales | Leadership |
Daniel H. Schulman | CEO | Leadership |
Brandy Bora | Senior Director | Leadership |
Emily Lord | Associate Director, Digital Marketing | Leadership |
Lizzie Haberman | Production Director, Creative Marketing Group | Leadership |
Ryan Wilson | Head Of Cyber Defense Content Creation And Security Automation | Leadership |
Diane Ivinskas | Associate Director Integrated Marketing » Effective Internal Communication & GTM Strategy | Leadership |
Rachna Lamba | Senior Director | Leadership |
Guillermo S. | Director Of System Performance | Leadership |
Lindsay Trail | Senior Director, Business Transformation | Leadership |
Francine Pass | Sr. Director Consumer Sales | Leadership |
Phillip French | VP - Network Engineering | Leadership |
Larry Williams Jr. | Senior Director Technical Product Management | Leadership |
Pedro Correa | President | Leadership |
964 more people are available in the full profile.
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Complete people profiles for Verizon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
IPO & Listings of Verizon
Verizon is a publicly listed company on the NYSE with ticker symbol VZ in USA, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Nov 1983
- Listed onNYSE: VZ
- Listed entityVerizon Communications Inc.
- Exchange sectorCommunications
- ISINUS92343V1044
- Share price$43.53 (+1.75% on the day) · 2026-10-13
- Market capitalisation$180.86B
- Price to earnings11.3
- EPS (diluted, trailing year)$3.84
- Dividend yield6.53%
- Volume (last session)30,442,492
Financials of Verizon
Figures of Verizon Data Services India Private Limited, the primary company behind Verizon, for FY 2025. Revenue was ₹5,988 Cr (+10% year on year). Net profit was ₹628 Cr (10% margin). EBITDA was ₹1,118 Cr (19% margin). Revenue has grown at a compounded annual rate of +14% over three years and +25% over five years.
- ₹5,988 CrRevenue · FY 2025 · +10% YoY
- ₹628 CrNet profit · 10% margin
- ₹1,118 CrEBITDA · 19% margin
- ₹3.75 CrPaid-up capital
- 6,851Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Exchange-reported annual figures
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $138.19B | $17.17B | $50.00B |
| 2024 | $134.79B | $17.51B | $48.50B |
| 2023 | $133.97B | $11.61B | $46.45B |
| 2022 | $136.84B | $21.26B | $47.57B |
| 2021 | $133.61B | $22.07B | $48.17B |
Balance sheet, profit and loss, cash flow and ratios of Verizon Data Services India Private Limited are on its company page.
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Detailed financial statements for Verizon
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Verizon
Verizon has strategically engaged in corporate development activities, having acquired 34 companies. Notable acquisitions include AOL, BioGaming and BlueJeans Network.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
High-speed internet services are provided by Starry Internet. | starry.com | Boston, United States | 2014 | Oct 2025 | •••• | |
Phone, Wi-Fi, hotspot, and fiber optic internet services are provided. | frontier.com | Norwalk, United States | 1935 | Sep 2024 | $20B | |
Indoor positioning and navigation platforms are developed and provided. | senion.com | Linkoping, Sweden | 2010 | Jun 2021 | •••• | |
Smart warehouse logistics solutions | incubedit.com | Hart, United States | 2011 | Feb 2021 | •••• | |
Regional cellular telecommunication services are provided in Kentucky. | bluegrasscellular.com | Elizabethtown, United States | 1989 | Oct 2020 | •••• | |
No-contract prepaid wireless services are provided by TracFone MVNO. | tracfone.com | Miami, United States | 2009 | Sep 2020 | $6.25B | |
Wireless internet services are provided nationwide by TracFone Wireless. | tracfonewirelessinc.com | Miami, United States | 1996 | Sep 2020 | $6.25B | |
Cloud-based video conferencing software is provided for user connections. | bluejeans.com | San Jose, United States | 2009 | Apr 2020 | •••• | |
Software for cross-platform VR/AR/MR content distribution is provided. | jauntxr.com | San Mateo, United States | 2013 | Sep 2019 | •••• | |
Threats are detected using deep packet inspection and automated retrospection. | protectwise.com | Denver, United States | 2013 | Mar 2019 | •••• |
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Complete acquisition details for Verizon
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Verizon
14 dated milestones of Verizon across 42 years, from founding to its latest funding, stage changes and deals.
- Founded Verizon is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $21.3B.
- Acquisition Acquires ProtectWise.
- Acquisition Acquires Jaunt XR.
- Acquisition Acquires BlueJeans Network.
- Acquisition Acquires TracFone Wireless.
- Acquisition Acquires TracFone.
- Acquisition Acquires Bluegrass Cellular.
- Acquisition Acquires incubed IT.
- Acquisition Acquires SenionLab.
- Funding Latest funding round, Grant, of $11.5M.
- Acquisition Acquires Frontier Communications.
- Acquisition Acquires Starry Internet.
Web traffic of Verizon
The website of Verizon (verizon.com) receives about 55.9M visits a month and ranks #554 among all websites worldwide, #129 in Telecommunications.
- Monthly visits55.9M
▼ 5.3% vs previous month
- Unique visitors23.4M
per month
- Global rank#554
among all websites
- Category rank#129
Computers Electronics and Technology · Telecommunications
Visitor engagement
- Bounce rate37%
- Pages per visit5.9
- Average visit4 min 28 sec
- DevicesDesktop 31% · Mobile 69%
Similar websites
Websites whose visitors overlap most with Verizon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| att.com | 100% | 110M | #338 | View details | |
| t-mobile.com | 75% | 121.6M | #372 | View details | |
| verizonwireless.com | 65% | 6.4M | #6,832 | View details | |
| mintmobile.com | 62% | 12.7M | #4,648 | View details | |
visible.com | visible.com | 62% | #14,912 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Verified entity values are shown only after access is granted.
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Related news about Verizon
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Frequently Asked Questions about Verizon
Verizon was founded in 1983 and raised its 1st funding round 23 years after it was founded.
Verizon is headquartered in New York, United States. It is registered at New York, New York, United States.
Hans Vestberg is the CEO of Verizon, as recorded in our data.
Verizon has 99,600 employees.
The primary company behind Verizon, Verizon Data Services India Private Limited, reported revenue of ₹5,988 Cr for FY 2025, up 10% year on year.
Verizon Communications Inc. delivers broadband and other wireline and wireless communication innovations to mass market, business, government, and wholesale customers. As of September 2014, Verizon Wireless operates as Americas largest wireless network provider. Verizons Wireline operations include Verizon Business and Verizon Telecom, which brings customers converged communications, information and entertainment services over Verizons fibre-optic network. Verizon Communications Inc., headquartered in New York, is a Dow 30 company employing a diverse workforce of more than 180,000 dedicated employees around the globe. In 2022, the company recorded annual revenues of 136.19B and a net profit of 21.59B.
Yes, Verizon is publicly traded on NYSE under the ticker symbol VZ.
Verizon has made 34 acquisitions, including AOL, BioGaming, and BlueJeans Network.
Verizon has 4 investors. Key investors include New York State, Berkshire Hathaway, European Union, and U.S. Department of Defense.
Verizon operates through Verizon Data Services India Private Limited.
The legal entities of Verizon currently have 2 directors, including Prasad Venkata Anjaneya Annadanam, Vijayaraman Subramanian.
Yes. Verizon publishes Verizon Visa Card and 1 more app, with over 1.1 million downloads.