Verizon Wireless

What Verizon Wireless does

Verizon Wireless is a wholly-owned subsidiary of Verizon Communications Inc. (NYSE: VZ) and the largest US wireless carrier by subscriber count, serving 146.9 million customers as of December 31, 2025. The company provides tiered mobile service plans ($30-$85/month), fiber-based home internet (Fios at $35/month), television services (Fios TV), and connected devices (Apple, Samsung, Google, Amazon) to individual consumers, small businesses, large enterprises, government, and first responders. Its portfolio also includes prepaid and MVNO offerings under the Verizon Prepaid and TracFone sub-brands.

The company's technology stack is anchored by its 5G Ultra Wideband network (delivering speeds up to 893 Mbps in urban testing), 40,000 virtualized sites, and mobile edge computing infrastructure deployed across 22 U.S. locations that form the foundation for post-5G services. Fiber footprint expanded to 30 million premises passed following the 2025 acquisition of Frontier Communications, with a build target of 2 million new premises annually. AI is used internally to accelerate network construction workflows and emergency response damage assessment, while emerging AI-RAN initiatives position the company for 6G-era architectures.

Verizon's business model is subscription-driven across consumer wireless, Fios home internet, and managed business services, complemented by device hardware sales and bundled promotional offers (free iPad/Apple Watch with iPhone purchases). Distribution spans physical retail stores, verizon.com, the My Verizon App, and a dedicated Verizon Business account portal for enterprise. Revenue diversification spans consumer wireless ARPU, fixed wireless (5.7M subscribers mid-2026), enterprise business solutions, and the recently integrated fiber base.

Name

Verizon Wireless

Legal name

Verizon Wireless, LLC

Website

https://verizonwireless.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Verizon Wireless, a wholly-owned subsidiary of Verizon Communications (NYSE: VZ), is the largest US wireless carrier serving 146.9 million subscribers across consumer, business, and government segments with tiered 5G mobile plans, Fios fiber home internet, and enterprise solutions.

Ownership category

akta.pro rank

Product category

Wireless Telecommunications Services

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Wired and Wireless Telecommunications Carriers (except Satellite) (51711)

SIC

Radiotelephone Communications (4812)

akta.pro primary industry

Wireless ISPs (WISPs) & Fixed Wireless Access Providers (HDAIADAD)

Keywords

• Wireless telecommunications services
• 5G mobile network
• Fiber internet services
• Enterprise connectivity solutions
• Prepaid mobile plans

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Operations, Marketing or Sales, Personnel

Revenue model

1. Wireless Service Plans: Recurring monthly subscription revenue from unlimited and tiered mobile plans including Unlimited Welcome ($55/month), Unlimited Plus ($70/month), and Unlimited Ultimate ($85/month) with AutoPay discounts. Additional revenue from device financing/installment plans.
2. Fios Fiber Internet: Home internet service via fiber network following the Frontier acquisition, now passing 30 million premises with targeting of 2 million new premises annually. Priced at $35/month with AutoPay and Home Discount.
3. Fios TV: Television service delivered over fiber infrastructure, part of the home services portfolio alongside internet.
4. Device Sales: Revenue from smartphone, tablet, smartwatch, and accessory sales through retail and online channels. Includes promotional bundles offering free accessories with phone purchases.
5. Business Solutions: Enterprise and business telecommunications solutions including wireless, cloud, and security services for business customers.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Verizon Wireless delivers mobile wireless telecommunications services (Simplicity Plan at $30/month, Unlimited Welcome at $55/month, Unlimited Plus at $70/month, Unlimited Ultimate at $85/month), fiber-based home internet and TV under the Fios brand ($35/month with AutoPay), prepaid wireless via Verizon Prepaid and TracFone, and fixed wireless home broadband. The company also operates a dedicated Verizon Business division offering enterprise wireless, mobile edge computing, and managed connectivity services for corporate and government customers.

Product overview

Verizon Wireless operates as a major telecommunications provider offering a diversified portfolio of mobile and home services. The mobile offerings include multiple unlimited plans (Simplicity Plan at $30/month, Unlimited Welcome at $55/month, Unlimited Plus at $70/month, and Unlimited Ultimate at $85/month), supported by 5G Ultra Wideband network technology with speeds up to 893 Mbps. The home services portfolio features Fios fiber-optic internet and Fios TV. The company also maintains prepaid options through Verizon Prepaid and TracFone sub-brands. Connected devices include smartphones (Apple iPhone, Samsung Galaxy), smartwatches (Apple Watch), and accessories. The Business division serves enterprise customers with mobile edge computing and connectivity solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Fios: Fiber-optic home internet and TV service offering fast, reliable connectivity for residential customers.
• Verizon Business
• Verizon Prepaid
• TracFone

Products and services

• Unlimited Mobile Wireless Plans Tiered unlimited mobile wireless service plans (Unlimited Welcome at $55/month, Unlimited Plus at $70/month, Unlimited Ultimate at $85/month) with AutoPay discounts, providing nationwide 5G connectivity including access to 5G Ultra Wideband, unlimited calling, texting, and data.
• Simplicity Plan Streamlined mobile wireless plan at $30/month per line after AutoPay and Switcher Discount, offering flexibility to keep your own phone, buy a new phone with financing, or upgrade annually on a single line.
• Fios Home Internet Fiber-optic home internet service delivered over Verizon's fiber network, priced at $35/month with AutoPay and Home + Mobile Discount, passing 30 million premises following the Frontier Communications acquisition.
• Fios TV Television service delivered over Verizon's fiber-optic network, offering various channel packages as part of the home services portfolio alongside Fios Internet.
• Verizon Prepaid Prepaid mobile service option allowing customers to pay in advance without a long-term contract.
• TracFone Budget prepaid mobile phone service brand offering affordable talk, text, and data plans; acquired by Verizon in 2020.
• Verizon Business Solutions Enterprise and business telecommunications solutions including wireless, cloud, security, and managed services for business customers, accessed through the Verizon Business account portal and dedicated field sales teams.
• Fixed Wireless Access Fixed wireless home broadband internet service, with Verizon serving approximately 5.7 million fixed wireless subscribers as of mid-2026.
• Verizon Frontline Mission-critical communications service for first responders, providing priority network access and Push-to-Talk-over-Cellular capabilities used during emergencies and large public-safety events.

Quantifiable outcome

• 5G Ultra Wideband delivers up to 893 Mbps in NYC (vs 69 Mbps at home and 29.5 Mbps in rural NJ)
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• VIAVI SolutionscoreTechnology or Integration · 8 January 2026VIAVI Solutions developed RF Viewer, an augmented reality solution for visualizing radio frequency signals in collaboration with Verizon Wireless. The solution overlays real-time signal strength data onto a live video feed, enabling technicians to identify RF signal location, intensity and distribution. Verizon is already using it to locate sources of passive intermodulation (PIM).
• Crown CastlecoreChannel Partner/ Reseller/ Distributor · 1 January 2021Crown Castle partnered with Verizon in 2021 to expand 5G coverage through small cell installations. Crown Castle deploys equipment on utility poles and structures, with residents reporting notifications were sent within 300 feet of each installation site.
• Network TowersminorChannel Partner/ Reseller/ DistributorNetwork Towers is developing a 199-foot telecommunications monopole tower at 1721 E. Franklin St. in Chapel Hill, NC, initially used by Verizon Wireless. The tower is designed to accommodate up to three additional carriers.
• American ExpressminorStrategic or Co-development PartnerAmerican Express expanded its mobile payment service Serve through a partnership with Verizon Wireless, allowing Verizon customers to use the service for purchases via BillMyPhone, including transactions exceeding the $25 bill cycle limit.
• MightyminorGTM or Marketing PartnerMighty expanded its Membership Marketplace adding Verizon Business as a partner providing savings programs across 17 categories for small businesses in the US and Canada at $199 annual membership.
• Siyata PTTminorGTM or Marketing PartnerSiyata PTT returned as official communications sponsor for the Baker to Vegas Challenge Cup Relay Race in partnership with Verizon Frontline, providing Push-to-Talk over Cellular handsets and on-the-ground support.
• NVIDIAcoreStrategic or Co-development PartnerNVIDIA announced a $1 billion strategic partnership with Nokia to accelerate AI-RAN innovation at the 12th Brooklyn 6G Summit, with contributions from Verizon Wireless outlining visions for 6G implementation.
• VoIP-Pal.com Inc.minorOthersVoIP-Pal.com Inc. filed four related federal antitrust and consumer class action cases against AT&T, Verizon, and T-Mobile, and mobile platform providers Apple, Google, and Samsung in U.S. District Court for the District of Columbia.
• SamsungcoreTechnology or IntegrationSamsung's Galaxy S26 series offers satellite-based messaging and data services in North America through partnerships with AT&T, Verizon, and T-Mobile, enabling broader coverage beyond traditional cellular.

Scale indicators11 records

Recent moves6 records

Expansion highlights7 records

Peers

• DISH Network / EchoStar:

Direct peers

• AT&T: AT&T is one of the "Big Three" US wireless carriers, offering comparable postpaid mobile plans, 5G service, fiber internet, and business solutions. Directly competes with Verizon across consumer, enterprise, and spectrum auctions.
• T-Mobile US: T-Mobile is the third "Big Three" US wireless carrier and the primary challenger to Verizon. Directly competes on 5G coverage, unlimited plans (Magenta vs myPlan), fixed wireless home internet, and enterprise services. Has gained share from Verizon for years.

Broad incumbents

• Comcast / Xfinity Mobile: Comcast is the largest US cable broadband provider and operates Xfinity Mobile as an MVNO on Verizon's network. Comparable as a converged cable+wireless competitor leveraging existing broadband customer base, though wireless is not Comcast's core business.
• Charter Communications / Spectrum Mobile: Charter is the second-largest US cable provider and operates Spectrum Mobile as an MVNO on Verizon's network. Comparable as a converged broadband+wireless player competing on bundle value; Spectrum Mobile has been a fast-growing MVNO.

Regional players

• US Cellular: US Cellular is a regional wireless carrier operating primarily in rural and mid-sized US markets. Comparable as a wireless service provider with overlapping 5G and unlimited plan offerings, though smaller and focused on geographies where Verizon's coverage is weaker.

Market position

Weaknesses5 records

Competitive moat6 records

Key risks4 records

Key highlights7 records

Customer concentration

• Xx.com/VZWSmallBiz
• YouTubeyoutube.com/user/verizon
• Facebookfacebook.com/verizon
• LinkedInlinkedin.com/company/verizon
• Instagraminstagram.com/verizon
• TikToktiktok.com/@verizon

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verizon Wireless