Since December 31st, 2007, Verizon Communications Inc's market capitalization has increased from $56.2 Billion to $163 Billion at March 31st, 2023.
Verizon Communications Inc's market capitalization as of March 31st, 2023 of $163 Billion was higher than its peers in the Telecom Services - Domestic industry group of March 31st, 2023 of 42.2 Billion. From December 31st, 2007 to March 31st, 2023, Verizon Communications Inc's average market capitalization was 127 Billion compared to an industry average of 30.8 Billion.
Verizon Communications, Inc. is a holding company, which engages in the provision of broadband and communication services. It operates through the following segments: Wireless and Wireline. The Wireless segment provides wireless communications services and products on a postpaid and prepaid basis which are provided to consumer, business, and government customers. The Wireless segment offers broadband video and data; corporate networking solutions; data center and cloud services; security and managed network services; and local & long distance voice services. The company was founded on June 30, 2000 and is headquartered in New York, NY.
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