Verizon Communications Inc. is a US-listed telecommunications company that provides
wireless and wireline communications services, with its core earnings driven by
consumer and business wireless subscriptions, data usage and service revenue.
The company invests heavily in network infrastructure, including 5G deployment and
fiber expansion, and competes primarily on network quality, coverage, pricing and
customer retention. Cash flow generation and dividend capacity are closely linked to
subscriber trends, average revenue per account, spectrum and network capex intensity,
and competitive dynamics within the US telecom market.