Verizon Communications Inc. is a large American telecommunications company that provides a wide range of services related to communication, information, and entertainment.
Here are the 10 largest Verizon shareholders as of 9/18/2023.
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1. The Vanguard Group, Inc
- Ownership: 7.91%
- Shares Held: 332,712,363
2. BlackRock Fund Advisors
- Ownership: 5.31%
- Shares Held: 223,013,346
3. SSgA Funds Management, Inc
- Ownership: 4.16%
- Shares Held: 175,039,883
4. Charles Schwab Investment Management
- Ownership: 2.22%
- Shares Held: 93,500,155
5. Geode Capital Management LLC
- Ownership: 1.96%
- Shares Held: 82,371,505
6. Morgan Stanley Smith Barney LLC
- Ownership: 1.24%
- Shares Held: 51,905,152
7. Norges Bank Investment Management
- Ownership: 1.11%
- Shares Held: 46,438,445
8. Dimensional Fund Advisors LP
- Ownership: 0.94%
- Shares Held: 39,436,522
9. Northern Trust Investments, Inc
- Ownership: 0.89%
- Shares Held: 37,218,160
10. BlackRock Advisors (UK) Ltd
- Ownership: 0.87%
- Shares Held: 36,740,367
Click here to check the current Share Price of Verizon (VZ) on Robinhood!
What Is Verizon?
Verizon Communications Inc. is a large American telecommunications company that provides a wide range of services related to communication, information, and entertainment.
It is one of the largest telecommunications companies in the United States and serves millions of customers, including individuals, businesses, and government organizations.
Verizon offers the following main services:
- Wireless Services: Verizon is well-known for its wireless network, providing cellular phone and data services to consumers and businesses. They offer a variety of mobile plans, including voice, text, and data services, as well as devices like smartphones and tablets.
- Internet Services: Verizon provides high-speed internet services, including DSL (Digital Subscriber Line) and fiber-optic broadband. Their Fios (Fiber Optic Service) is particularly popular and offers fast internet speeds and TV packages.
- Landline Services: Verizon also offers traditional landline phone services, although the demand for these services has decreased significantly with the rise of mobile phones.
- Television Services: Verizon Fios also includes television services with a range of channels and on-demand content, similar to cable TV providers.
- Business Services: Verizon offers a variety of telecommunications and networking solutions for businesses, including internet, phone, and data services, as well as cloud and security services.
Verizon has been at the forefront of developing and deploying new technologies in the telecommunications industry, such as 5G wireless networks.
They compete with other major telecommunications companies like AT&T and T-Mobile in providing these services to customers across the United States.
