V

Verizon

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Market Research Report: Verizon Communications Inc.



1. Company Overview



  • Name: Verizon Communications Inc.

  • Mission of the Company: Verizon is dedicated to bringing economic, environmental, and social change to the communities it serves by using its technology to promote connectivity and innovation.

  • Founded: 1983

  • Founders: No specific founder noted in the provided data.

  • Key People in the Company: No specific key people identified in the provided data.

  • Headquarters: No information is available.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Verizon is known for being a major player in telecommunications, offering a wide range of services including mobile and home internet, and is also recognized for its commitment to innovative corporate social responsibility.


2. Products



Mobile Services and Devices



  • Products Offered:

  • iPhone 15 Pro Max: A premium smartphone offered with promotion plans.

  • iPhone 16 Pro: Features Apple's next-gen technologies, available on special promotional terms.

  • Samsung Galaxy S24 FE: Known for its AI features and available through special promotions.

  • Google Pixel 9 Pro: Offered with trade-in promotions.

  • Home Internet Services: Offers 5G Home, LTE Home, and Fios internet services.


  • High-Level Description & Key Features:

  • Mobile Plans: Supporting a wide range of the latest smartphones with various plans such as Unlimited Ultimate and myPlan, offering incentives like trade-in credits and promotional discounts.

  • Home Internet Plans: Provide flexibility and reliability with options starting from $35/month with a combination of mobile plans.

  • Mobile Devices: Partnership with major tech companies like Apple, Google, and Samsung to provide the latest smartphone models under favorable conditions.

  • Entertainment Bundles: Offers bundles like Disney+, Hulu, ESPN+, and Netflix & Max at competitive prices.


3. Recent Developments



  • New Products Launched:

  • iPhone 16 Pro with Apple Intelligence: Announced for Fall 2024 with promotional pricing.

  • New iPad Mini: Launch confirmed for October 23, offering the latest capabilities with A17 Pro chip support.


  • New Features and Partnerships:

  • Official Telecommunications Sponsor for the 2026 FIFA World Cup: Enhancing visibility on the global stage with sponsorship.

  • Verizon Small Business Digital Ready: Provides free courses and coaching, with grant opportunities supporting small businesses.


  • Other Notable Developments:

  • Achievement in Fixed Wireless Subscriber Target: Met subscriber goals 15 months ahead of schedule, reinforcing Verizon's industry leadership.

  • Verizon Access: Offering special access to sports, music, and entertainment perks for customers.


This report contains information extracted from the provided data, with fields where details are unavailable being explicitly noted as containing no information.