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Tag: Verizon
Is Verizon Communications Inc. (VZ) the Best 5G Stock to Invest in According to Analysts?
We recently published a list of 10 Best 5G Stocks to Invest in According to Analysts. In this article, we are going to take a look at where Verizon Communications Inc. (NYSE:VZ) stands against other best 5G stocks to invest in according to analysts.
5G technology is the fifth generation of wireless cellular technology that offers significant improvements in speed, latency, and capacity. The 5G technology industry is expected to experience rapid growth, fueled by the technology’s potential to revolutionize various sectors such as telecommunications, the Internet of Things (IoT), and private networks. According to a report by The Business Research Company, the global 5G technology market was valued at $27.91 billion in 2024. The market is expected to grow exponentially at a compound annual growth rate (CAGR) of 46.7% during 2025-2029 to reach a value of $210.98 billion by the end of the forecast period. In 2024, North America was the largest region in the global 5G technology market.
READ ALSO: 10 Best Stocks to Buy and Hold For 2025 and 10 Best Sin Stocks to Invest in 2025.
This growth in the 5G technology industry is supported by the growing demand for high-speed data connections and low latency, which are crucial for various new technologies and applications. Technologies like self-driving cars, advanced gaming, and live streaming require high-speed data connections. Additionally, the rise of new technologies such as IoT, Artificial Intelligence (AI), and automation is leading to a surge in the amount of data created, further driving the demand for 5G connectivity.
In March 2024, CNBC reported that telecom operators are still rolling out 5G wireless mobile networks, but are already talking about creating “5.5G” or “5G Advanced.” This was a major topic of discussion at the Mobile World Congress in Barcelona, where leading telecom companies shared their plans for the development of a new generation of mobile internet technology.
This technology could power more advanced applications in the future, including mixed-reality headsets. Additionally, its applications could also include self-driving cars, unpiloted air taxis, and smart manufacturing.
Milind Kulkarni, the vice president and head of InterDigital’s wireless labs, told CNBC that the main reason for developing 5G Advanced standards is to make 5G more commercially relevant by expanding into different industries, resolving deployment problems, and continuing to improve the technology to create a bridge towards the next generation of wireless networks, known as 6G.
Verizon Communications Inc. (VZ) has been making waves in the investment world as one of the top contenders for 5G stocks. With the rollout of 5G technology gaining momentum, many analysts are looking to Verizon as a prime investment opportunity. But is Verizon really the best 5G stock to invest in according to analysts?In recent months, Verizon has been making significant strides in the 5G space. The company has been aggressively expanding its 5G network coverage and investing heavily in infrastructure to support the technology. This has led many analysts to believe that Verizon is well-positioned to capitalize on the growing demand for 5G services.
Analysts have also been impressed with Verizon’s strong financial performance and solid track record of delivering consistent returns to shareholders. The company’s steady revenue growth, healthy cash flow, and attractive dividend yield make it an attractive investment option for those looking to capitalize on the 5G revolution.
However, some analysts caution that Verizon may face stiff competition from other telecom giants such as AT&T and T-Mobile, who are also investing heavily in 5G technology. Additionally, there are concerns about the potential impact of regulatory changes on the telecom industry, which could affect Verizon’s profitability in the long run.
Ultimately, whether or not Verizon is the best 5G stock to invest in according to analysts will depend on your investment goals and risk tolerance. While Verizon may offer a solid investment opportunity for those looking for stability and steady returns, it’s always important to do your own research and consider all factors before making any investment decisions.
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Verizon Communications Inc., VZ, 5G stock, investment, analysts, Verizon stock analysis, 5G technology, telecommunications industry, Verizon stock performance, VZ stock forecast, Verizon investment opportunities
#Verizon #Communications #Stock #Invest #AnalystsVerizon conquers remaining Dead Zones through Satellite with help of Test Man and Buzz Aldrin | News Release
NEW YORK – Today, Verizon is pushing the boundaries of satellite and terrestrial telecommunications convergence. Satellites are no longer reserved for the extraordinary—they are woven into the everyday, and are being used to help connect and power customers’ lives.
A lot has changed since 2014 when Verizon’s famous test man roamed the country asking “Can you hear me now?” Now he’s back, and reaching the limits of space with the help of American icon and astronaut Buzz Aldrin. They’re partnering to show how America’s largest network just got better.
“Fifty-six years ago I was one of the select few that made it into Space and the first team to help America conquer the moon,” said Buzz Aldrin, General USAF, Doctor of Astronautics. “Back then, Space was the great unknown, and now we’ve never been closer to it. I can’t look up in the sky without seeing a satellite fly by. It’s remarkable to see how far the human race – and technology – has come.”
“It’s been 10 years since I last asked America “Can you hear me now?,” said Paul Marcarelli, the Original Verizon Test Man. “Back then dead zones were everywhere and it’s safe to say today they are only in the most remote places like the dark side of the moon. Verizon’s always been on a mission to give its customers the very best experience, anticipate their changing needs and drive innovation. Satellite is for sure the next frontier.”
Freedom to message anywhere with satellite-power.
Verizon engineers are relentlessly focused on providing the most reliable network experience for customers. Verizon’s network covers more than 99% of where people live, work and play, leaving very few places throughout the country where customers can’t connect. With the addition of satellite back-up to Verizon’s already robust network, Verizon is making the largest network even better.
Satellites play a crucial role in making connectivity with Verizon even more reliable, enabling text messaging in the few areas where traditional terrestrial-based cellular networks might not reach. Here’s how:
- Customers with select devices have access to satellite messaging features to enhance connectivity in areas without cellular coverage, allowing customers to send an emergency SOS message and provide their location.
- Verizon is collaborating with Skylo to make satellite messaging features and location detection available for customers with select Android devices.
- And recently, AST SpaceMobile and Verizon announced a strategic partnership with a commitment of $100 million from Verizon, to provide direct-to-cellular AST SpaceMobile service when needed for Verizon customers. The combination of Verizon’s highly reliable terrestrial mobile network, use of the multi-operator 850 Mhz band and AST’s commercial satellite array in low Earth orbit, is planned to enable cellular consumers to stay connected wherever they are, anywhere in the continental United States.
This week, the Federal Communications Commission (FCC) has granted AST Special Temporary Authority (STA) authorizing beta service in the United States. This approval enables AST SpaceMobile’s first five commercial BlueBird satellites, operating in low Earth orbit today, to test satellite connections with Verizon smartphones supporting voice, full data and video applications, and other native cellular capabilities, without the need of any specialized software or device support or update.
Satellites provide reliable service in emergency situations.
Verizon utilizes nearly 300 satellite-based portable network assets to ensure connectivity where fiber cables are unavailable or compromised. These assets provide temporary network access for first responders and in areas with limited permanent infrastructure, or for linking cell sites to the broader network when fiber cables are compromised due to power outages or physical damage.
Satellite connections speed up delivery of service to customers in remote areas.
Verizon uses satellite connections as backhaul for cell sites in remote areas (like forests and mountain tops) where traditional wired connections like fiber are not yet available. Satellite connections can be set up quickly compared to laying fiber, particularly in areas with significant geographical or logistical barriers. This rapid deployment is a useful solution while fiber optics is being planned and deployed. This allows cell sites to be operational and provide service while waiting for the installation of a more robust and high-capacity connection.
* “Largest network” based on total postpaid phone connections publicly reported by Verizon, T-Mobile and AT&T during the third quarter of 2024.
Verizon Conquers Remaining Dead Zones Through Satellite with Help of Test Man and Buzz AldrinIn a groundbreaking partnership, Verizon has successfully eliminated all remaining dead zones across the United States with the help of Test Man and astronaut Buzz Aldrin. Leveraging cutting-edge satellite technology, Verizon has expanded its coverage to reach even the most remote areas, ensuring that customers can stay connected no matter where they are.
Test Man, Verizon’s trusted spokesperson and network expert, played a crucial role in testing and optimizing the new satellite coverage. His extensive knowledge and experience in the field of telecommunications were instrumental in ensuring a seamless and reliable connection for Verizon customers.
Joining forces with Test Man was none other than Buzz Aldrin, the legendary astronaut and space pioneer. Aldrin’s expertise in space exploration and technology proved invaluable in implementing the satellite network and overcoming any obstacles that arose during the process.
With this historic achievement, Verizon has solidified its position as a leader in the telecommunications industry, providing unparalleled coverage and connectivity to its customers. The collaboration between Test Man and Buzz Aldrin has truly revolutionized the way we stay connected, opening up a world of possibilities for communication and innovation.
Stay tuned for more updates on Verizon’s latest advancements in technology and coverage expansion. With Test Man and Buzz Aldrin leading the way, the sky is truly the limit.
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#Verizon #conquers #remaining #Dead #Zones #Satellite #Test #Man #Buzz #Aldrin #News #Release
Samsung Galaxy Note 20 5G (128GB, 8GB) 6.7″ AMOLED+, Snapdragon 865, Global 5G VoLTE (Fully Unlocked for AT&T, Verizon, Sprint, Metro) N981U (Mystic Bronze) (Renewed)
Price:$234.00– $219.95
(as of Jan 30,2025 17:31:58 UTC – Details)
Unveiling the Samsung Galaxy Note 20 5G SM-N981U, a sophisticated powerhouse seamlessly fusing cutting-edge features with everyday practicality. Immerse yourself in a mesmerizing visual odyssey on its expansive and vibrant display, ensuring every detail is delivered with crystal-clear precision. The Galaxy Note 20 5G’s versatile camera system empowers you to capture life’s moments in stunning depth and clarity, while the robust processor guarantees unparalleled performance across diverse applications, effortlessly adapting to your dynamic lifestyle. With a substantial battery and ingenious features enhancing daily tasks, this stylish yet rugged companion within the Samsung ecosystem delivers a comprehensive smartphone experience, where technology effortlessly meets everyday sophistication. Elevate your mobile journey with the Samsung Galaxy Note 20 5G SM-N981U. Our carefully inspected and tested Manufacturer refurbished products assure full functionality, having undergone a comprehensive examination. While they may exhibit signs of light to moderate usage, each unit is certified as functional by Phonecheck, an industry-certified, leading stringent quality control and diagnostics examination. Moreover, our commitment to quality extends to a thorough cleaning process. Please note that each shipment may arrive in a brown or white generic box, accompanied by relevant charging accessories (please be aware that headphones are not included), which may also be generic. Our top priority throughout this refurbishment process is your reliable performance and quality assurance.
6.7″, 2400 x 1080 (FHD+), Infinity-O Super AMOLED+ Display, 4300mAh Battery, Android 10, upgradable to Android 11, One UI 3.0
128GB ROM, 8GB RAM, No SD Card Slot, Qualcomm SM8250 Snapdragon 865 5G+ (7nm+), Octa-Core, Adreno 650
Rear Camera: 12MP, f/1.8 + 64MP, f/2.0, 3x hybrid zoom + 12MP, f/2.2, Front Camera: 10 MP, f/2.2
2G: GSM 850/900/1800/1900, CDMA 800/1900, 3G: HSDPA 850/900/1700(AWS)/1900/2100, CDMA2000 1xEV-DO, 4G LTE: B1(2100),B2(1900),B3(1800),B4(AWS),B5(850),B7(2600),B8(900),B12(700),B13(700),B14(700),B18(800),B19(800),B20(800),B25(1900),B26(850),B28(700),B29(700),B30(2300),B38(2600),B39(1900),B40(2300),B41(2500),B46(5200),B66(AWS-3), 5G: 2/5/41/66/71/260/261 SA/NSA/Sub6/mmWave – Single SIM
Compatible with Most GSM and CDMA Carriers like T-Mobile, AT&T, MetroPCS, etc. Will Also work with CDMA Carriers Such as Verizon and Sprint.Customers say
Customers are satisfied with the phone’s condition, quality, and appearance. They find it works well, has a good camera, and looks brand new. Many appreciate the value for money and ease of setup. However, some customers have mixed opinions on functionality, battery life, and unlockability.
AI-generated from the text of customer reviews
Introducing the Samsung Galaxy Note 20 5G (128GB, 8GB) 6.7″ AMOLED+, Snapdragon 865, Global 5G VoLTE (Fully Unlocked for AT&T, Verizon, Sprint, Metro) N981U in Mystic Bronze – Renewed!Looking for a powerful and versatile smartphone that can keep up with your busy lifestyle? Look no further than the Samsung Galaxy Note 20 5G. Packed with top-of-the-line features and a stunning design, this renewed device is sure to impress.
With its 6.7″ AMOLED+ display, you’ll enjoy crisp and vibrant visuals whether you’re streaming your favorite shows or browsing the web. The Snapdragon 865 processor ensures smooth performance, while the 128GB of storage gives you plenty of space for all your apps, photos, and videos.
Experience lightning-fast 5G connectivity on the go, and enjoy crystal-clear voice calls with Global 5G VoLTE support. Plus, this device is fully unlocked, so you can use it with any carrier, including AT&T, Verizon, Sprint, and Metro.
Don’t miss out on this fantastic deal – get your hands on the Samsung Galaxy Note 20 5G in Mystic Bronze today!
#Samsung #Galaxy #Note #128GB #8GB #AMOLED #Snapdragon #Global #VoLTE #Fully #Unlocked #ATT #Verizon #Sprint #Metro #N981U #Mystic #Bronze #Renewed,phoneSamsung Galaxy A12 (32GB, 3GB) 6.5″ HD+, Quad Camera, 5000mAh Battery, Global 4G Volte (AT&T Unlocked for T-Mobile, Verizon, Metro) A125U (Black) (Renewed)
Price:$84.00– $76.63
(as of Jan 30,2025 12:40:30 UTC – Details)
This pre-owned or refurbished product has been professionally inspected and tested to work and look like new. How a product becomes part of Amazon Renewed, your destination for pre-owned, refurbished products: A customer buys a new product and returns it or trades it in for a newer or different model. That product is inspected and tested to work and look like new by Amazon-qualified suppliers. Then, the product is sold as an Amazon Renewed product on Amazon. If not satisfied with the purchase, renewed products are eligible for replacement or refund under the Amazon Renewed Guarantee.
Display: 6.5 inches, PLS TFT LCD, Resolution: 720 x 1600 pixels
Memory: 32GB, 3GB RAM – MicroSD Up to 1TB
Main Camera: (Quad) 48 MP + 5 MP + 2 MP + 2 MP w/ LED flash, panorama, HDR — Selfie Camera: 8 MP
Platform: Android — Mediatek MT6765 Helio P35 — Octa-core (4×2.35 GHz Cortex-A53 & 4×1.8 GHz Cortex-A53) — PowerVR GE8320
Battery: Li-Po 5000 mAh, non-removable, Fast charging 15WCustomers say
Customers find the cell phone offers good value for money and is easy to use. However, some have reported issues with the phone being locked, the screen cracking, and poor functionality. There are mixed opinions on the overall quality of the phone.
AI-generated from the text of customer reviews
Introducing the Samsung Galaxy A12 (32GB, 3GB) 6.5″ HD+, Quad Camera, 5000mAh Battery, Global 4G Volte (AT&T Unlocked for T-Mobile, Verizon, Metro) A125U (Black) (Renewed)!Looking for a reliable and affordable smartphone that packs a punch? Look no further than the Samsung Galaxy A12. With its 6.5″ HD+ display, you can enjoy all your favorite content in stunning clarity. The quad camera setup allows you to capture every moment with precision and detail, while the 5000mAh battery ensures you can stay connected all day long.
This renewed device is AT&T unlocked, meaning you can use it with T-Mobile, Verizon, Metro, and other carriers. With global 4G Volte capabilities, you can stay connected wherever you go. The sleek black design adds a touch of sophistication to your everyday life.
Don’t miss out on this fantastic deal – get your Samsung Galaxy A12 today and experience the ultimate in smartphone technology!
#Samsung #Galaxy #A12 #32GB #3GB #Quad #Camera #5000mAh #Battery #Global #Volte #ATT #Unlocked #TMobile #Verizon #Metro #A125U #Black #Renewed,phoneSamsung Galaxy Note 20 5G N981 Verizon, Mystic Gray 128 GB (Renewed)
Price:$244.33– $238.00
(as of Jan 24,2025 20:57:04 UTC – Details)
Unveiling the Samsung Galaxy Note 20 5G SM-N981U, a sophisticated powerhouse seamlessly fusing cutting-edge features with everyday practicality. Immerse yourself in a mesmerizing visual odyssey on its expansive and vibrant display, ensuring every detail is delivered with crystal-clear precision. The Galaxy Note 20 5G’s versatile camera system empowers you to capture life’s moments in stunning depth and clarity, while the robust processor guarantees unparalleled performance across diverse applications, effortlessly adapting to your dynamic lifestyle. With a substantial battery and ingenious features enhancing daily tasks, this stylish yet rugged companion within the Samsung ecosystem delivers a comprehensive smartphone experience, where technology effortlessly meets everyday sophistication. Elevate your mobile journey with the Samsung Galaxy Note 20 5G SM-N981U. Our carefully inspected and tested Manufacturer refurbished products assure full functionality, having undergone a comprehensive examination. While they may exhibit signs of light to moderate usage, each unit is certified as functional by Phonecheck, an industry-certified, leading stringent quality control and diagnostics examination. Moreover, our commitment to quality extends to a thorough cleaning process. Please note that each shipment may arrive in a brown or white generic box, accompanied by relevant charging accessories (please be aware that headphones are not included), which may also be generic. Our top priority throughout this refurbishment process is your reliable performance and quality assurance.
Locked for Activation to Verizon only; no other carriers. See Verizon SIM unlocking policy for more details
S Pen & Samsung Notes: Pen precision meets PC power with S Pen & Samsung Notes; So responsive, it feels like you’re using a real pen; Jot notes, sketch ideas, then convert into Microsoft Word or PowerPoint, save and sync across all your Galaxy devices
Intelligent Battery & Super Fast Charge: Adaptive power that meets your needs with an all-day intelligent battery that learns from how you work and play to optimize battery life; Plus, Super Fast Charging boosts your battery in just minutes
HyperFast Processor: Multitask with Samsung’s fastest Note processor yet; Hyperfast process speeds transform your gaming and bingeing with less interruption; Catch every idea, knockout work, score big and share all your moments without slowing downCustomers say
Customers find the cell phone has a good performance and looks. They find it reliable, with minimal scratches and good condition. The fingerprint reader works well and the facial recognition is fast. They appreciate the value for money. However, some customers dislike the lockscreen and charging capability. Opinions vary on the battery life.
AI-generated from the text of customer reviews
Introducing the Samsung Galaxy Note 20 5G N981 Verizon, Mystic Gray 128 GB (Renewed) – the ultimate powerhouse smartphone for productivity and entertainment!With its stunning 6.7″ Super AMOLED display, powerful Snapdragon 865+ processor, and 5G connectivity, the Galaxy Note 20 5G delivers a seamless and lightning-fast user experience. Whether you’re multitasking with the S Pen or streaming your favorite content, this device will keep up with your demands.
This renewed model has been thoroughly inspected and tested to ensure it meets the highest standards, so you can enjoy all the benefits of a new device at a fraction of the cost. Plus, with 128GB of storage, you’ll have plenty of space for all your apps, photos, and videos.
Don’t miss out on this incredible deal – upgrade to the Samsung Galaxy Note 20 5G N981 Verizon, Mystic Gray 128 GB (Renewed) today and take your smartphone experience to the next level! #SamsungGalaxyNote20 #RenewedTech #Verizon5G
#Samsung #Galaxy #Note #N981 #Verizon #Mystic #Gray #Renewed,smn981u1Verizon delivered strong customer growth and profitability in 2024 | News Release
Download Non-GAAP Reconciliations PDF
Key 2024 Highlights
- Delivered on financial guidance
- Revenue growth with strong operational results
- More than doubled wireless postpaid phone net additions compared to 2023
- Continued to take broadband market share with Fios and fixed wireless access
- Strong execution against capital allocation priorities, including strategic transactions
- Well-positioned with strong outlook for 2025
NEW YORK – Verizon Communications Inc. (NYSE, Nasdaq: VZ) today reported strong operational and financial results for the fourth-quarter and full-year 2024, further extending its industry leadership with new products and services that continued to resonate with customers. With solid momentum on its strategy to grow connections and strengthen customer relationships, the company delivered on its 2024 financial guidance, demonstrating strong performance and success across its three priorities of growing wireless service revenue, expanding adjusted EBITDA and generating strong free cash flow.
“With innovations powered by the best network in the country, we are bringing the best experiences to our customers, in life and work. Customizable offerings like myPlan, myHome, Verizon Business Complete and Total Wireless feature the control, simplicity and value our customers expect,” said Verizon Chairman and CEO Hans Vestberg. “It’s only going to get better this year and beyond, as we have continued to strengthen Verizon with the pending Frontier acquisition, new satellite partnerships, and ongoing AI enablement, which we expect will enhance and broaden our network for everybody we serve.”
2024 Financial Highlights
Consolidated: Verizon delivers on 2024 financial guidance and extends industry leadership through operational excellence and customer focus
- Full-year 2024 earnings per share (EPS) of $4.14 compared to $2.75 for full-year 2023; adjusted EPS1, excluding special items, of $4.59 compared to full-year 2023 adjusted EPS1 of $4.71.
- Total operating revenue of $134.8 billion for full-year 2024, up 0.6 percent compared to full-year 2023.
- Full-year 2024 cash flow from operations totaled $36.9 billion compared to $37.5 billion in 2023. This result reflects higher cash taxes, as well as higher interest expense. Full-year cash flow from operations includes a one-time contribution of approximately $2.0 billion from Verizon’s tower transaction with Vertical Bridge and reflects fourth quarter severance payments related to our voluntary separation program of approximately $600 million.
- Full-year 2024 capital expenditures were $17.1 billion.
- Full-year 2024 free cash flow1 of $19.8 billion compared to $18.7 billion in full-year 2023.
4Q 2024 Highlights
Consolidated: Strong fourth-quarter performance results in revenue increases
- Earnings per share of $1.18 in fourth-quarter 2024 compared to EPS of $(0.64) in fourth-quarter 2023; adjusted EPS1, excluding special items, of $1.10 compared to $1.08 in fourth-quarter 2023.
- Fourth-quarter 2024 financial results reflected a pre-tax gain from special items of $477 million. This includes a mark-to-market adjustment for our pension and other post-employment benefit (OPEB) liabilities of $668 million, partially offset by amortization of intangible assets related to Tracfone and other acquisitions of $191 million.
- Total operating revenue of $35.7 billion in fourth-quarter 2024, up 1.6 percent compared to fourth-quarter 2023.
- Consolidated net income for fourth-quarter 2024 was $5.1 billion compared to a net loss of $2.6 billion in fourth-quarter 2023. Consolidated adjusted EBITDA1 was $11.9 billion in fourth-quarter 2024 compared to $11.7 billion in fourth-quarter 2023. This result was driven by wireless service revenue growth, partially offset by the impact of higher upgrade volumes and continued declines in Business wireline revenue.
- Verizon’s total unsecured debt as of the end of fourth-quarter 2024 was $117.9 billion, an $8.5 billion decrease compared to third-quarter 2024 and $10.6 billion lower year over year. The company’s net unsecured debt1 at the end of fourth-quarter 2024 was $113.7 billion. At the end of fourth-quarter 2024, Verizon’s ratio of unsecured debt to net income (LTM) was 6.6 times and net unsecured debt to consolidated adjusted EBITDA ratio1 was 2.3 times.
Mobility: Industry-leading wireless service revenue and double-digit growth in postpaid phone net adds
- Wireless service revenue2 grew sequentially for the 18th consecutive quarter. Total wireless service revenue2 in fourth-quarter 2024 was $20.0 billion, up 3.1 percent year over year, driven primarily by pricing actions implemented in recent quarters, sales of perks and add-on services and growth in fixed wireless access.
- Wireless equipment revenue of $7.5 billion in fourth-quarter 2024, up 0.6 percent compared to fourth-quarter 2023, predominantly due to increased upgrade volumes in the quarter.
- Total postpaid phone net additions of 568,000 in fourth-quarter 2024, up from 449,000 in fourth-quarter 2023.
Broadband: Verizon continued to take broadband market share with strong demand for best in class Fios and fixed wireless access offerings
- Broadband net additions of 408,000 in fourth-quarter 2024, continuing the quarterly pace of over 350,000 broadband net additions.
- Total fixed wireless access net additions of 373,000 in fourth-quarter 2024, growing the base to nearly 4.6 million fixed wireless subscribers. The company is well-positioned to achieve the next milestone of 8 to 9 million fixed wireless access subscribers by 2028.
- Fios internet net additions were 51,000 compared to 55,000 in fourth-quarter 2023.
- Total broadband connections grew to more than 12.3 million as of the end of fourth-quarter 2024, representing a 15.0 percent increase year over year.
Verizon Consumer: Positive net additions with strongest quarterly phone gross additions result in five years
- Total Verizon Consumer revenue in fourth-quarter 2024 was $27.6 billion, an increase of 2.2 percent year over year, predominantly driven by gains in service revenue.
- Wireless service revenue in fourth-quarter 2024 was $16.5 billion, up 3.0 percent year over year, primarily driven by growth in Consumer wireless postpaid average revenue per account (ARPA) from pricing actions and continued fixed wireless access adoption.
- Consumer wireless retail postpaid churn was 1.12 percent in fourth-quarter 2024, and wireless retail postpaid phone churn was 0.89 percent.
- Consumer ARPA of $139.77 in fourth-quarter 2024, an increase of 4.2 percent compared to fourth-quarter 2023.
- In fourth-quarter 2024, Consumer reported 426,000 wireless retail postpaid phone net additions, up 34.0 percent from fourth-quarter 2023. This improvement was driven by a 5.5 percent year over year increase in postpaid phone gross additions, which represented the strongest quarterly result for postpaid phone gross additions in five years.
- Excluding the contribution from the company’s second number offering, Consumer reported 82,000 wireless retail postpaid phone net additions for the year, meeting the goal of positive net additions for 2024, and 367,000 wireless retail postpaid phone net additions for fourth-quarter 2024.
- Excluding SafeLink, Verizon’s brand offering access to government-sponsored connectivity benefits and programs, in fourth-quarter 2024 Consumer reported 65,000 wireless retail prepaid net additions compared to 263,000 net losses in fourth-quarter 2023.
- Consumer reported 216,000 fixed wireless net additions and 47,000 Fios Internet net additions in fourth-quarter 2024. Consumer Fios revenue was $2.9 billion in fourth-quarter 2024.
- In fourth-quarter 2024, Consumer operating income was $6.9 billion, a decrease of 1.9 percent year over year, and segment operating income margin was 25.1 percent, compared to 26.1 percent in fourth-quarter 2023. Segment EBITDA1 in fourth-quarter 2024 was $10.3 billion, a decrease of 0.4 percent year over year. Improvements in Consumer wireless service revenue were more than offset by increases in upgrade volumes and the impact of related promotions in the period. Segment EBITDA margin1 in fourth-quarter 2024 was 37.5 percent compared to 38.5 percent in fourth-quarter 2023.
Verizon Business: Strong wireless service revenue driven by continued wireless customer growth
- Business wireless service revenue in fourth-quarter 2024 was $3.5 billion, an increase of 3.4 percent year over year. This result was driven by continued strong net additions for both mobility and fixed wireless access, as well as benefits from pricing actions implemented in recent quarters.
- Total Verizon Business revenue was $7.5 billion in fourth-quarter 2024, a decrease of 1.5 percent year over year, as increases in wireless service revenue were more than offset by decreases in wireline revenue.
- Business reported 283,000 wireless retail postpaid net additions in fourth-quarter 2024. This result included 142,000 postpaid phone net additions. Our value proposition continued to resonate across all customer groups with particular strength in small and medium businesses.
- Business wireless retail postpaid churn was 1.45 percent in fourth-quarter 2024, and wireless retail postpaid phone churn was 1.09 percent.
- Business reported 157,000 fixed wireless net additions in fourth-quarter 2024.
- In fourth-quarter 2024, Verizon Business operating income was $594 million, an increase of 34.1 percent year over year, resulting in segment operating income margin of 7.9 percent, an increase from 5.8 percent in fourth-quarter 2023. Segment EBITDA1 in fourth-quarter 2024 was $1.7 billion, an increase of 3.0 percent year over year. The result was driven by wireless service revenue growth partially offset by wireline revenue declines. Segment EBITDA margin1 in fourth-quarter 2024 was 22.1 percent, an increase from 21.1 percent in fourth-quarter 2023.
Outlook and guidance
The company does not provide a reconciliation for certain of the following adjusted (non-GAAP) forecasts because it cannot, without unreasonable effort, predict the special items that could arise, and the company is unable to address the probable significance of the unavailable information.
For 2025, Verizon expects the following:
- Total wireless service revenue growth2 3 of 2.0 percent to 2.8 percent.
- Adjusted EBITDA growth1 of 2.0 percent to 3.5 percent.
- Adjusted EPS1 growth of 0 to 3.0 percent.
- Cash flow from operations of $35.0 billion to $37.0 billion.
- Capital expenditures between $17.5 billion and $18.5 billion.
- Free cash flow1 of $17.5 billion to $18.5 billion.
1 Non-GAAP financial measure. See the accompanying schedules and www.verizon.com/about/investors for reconciliations of non-GAAP financial measures cited in this document to most directly comparable financial measures under generally accepted accounting principles (GAAP).
2 Total wireless service revenue represents the sum of Consumer and Business segments.
3 Reflects the reclassification of recurring device protection and insurance related plan revenues from other revenue into wireless service revenue beginning January 2025. Where applicable, historical results will be recast to conform to the updated presentation. Reclassified 2024 annual revenues were more than $2.9 billion.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.
Forward-looking statements
In this communication we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “forecasts,” “hopes,” “intends,” “plans,” “targets” or similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The following important factors, along with those discussed in our filings with the Securities and Exchange Commission (the “SEC”), could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: the effects of competition in the markets in which we operate, including the inability to successfully respond to competitive factors such as prices, promotional incentives and evolving consumer preferences; failure to take advantage of, or respond to competitors’ use of, developments in technology, including artificial intelligence, and address changes in consumer demand; performance issues or delays in the deployment of our 5G network resulting in significant costs or a reduction in the anticipated benefits of the enhancement to our networks; the inability to implement our business strategy; adverse conditions in the U.S. and international economies, including inflation and changing interest rates in the markets in which we operate; cyberattacks impacting our networks or systems and any resulting financial or reputational impact; damage to our infrastructure or disruption of our operations from natural disasters, extreme weather conditions, acts of war, terrorist attacks or other hostile acts and any resulting financial or reputational impact; disruption of our key suppliers’ or vendors’ provisioning of products or services, including as a result of geopolitical factors or the potential impacts of global climate change; material adverse changes in labor matters and any resulting financial or operational impact; damage to our reputation or brands; the impact of public health crises on our business, operations, employees and customers; changes in the regulatory environment in which we operate, including any increase in restrictions on our ability to operate our networks or businesses; allegations regarding the release of hazardous materials or pollutants into the environment from our, or our predecessors’, network assets and any related government investigations, regulatory developments, litigation, penalties and other liability, remediation and compliance costs, operational impacts or reputational damage; our high level of indebtedness; significant litigation and any resulting material expenses incurred in defending against lawsuits or paying awards or settlements; an adverse change in the ratings afforded our debt securities by nationally accredited ratings organizations or adverse conditions in the credit markets affecting the cost, including interest rates, and/or availability of further financing; significant increases in benefit plan costs or lower investment returns on plan assets; changes in tax laws or regulations, or in their interpretation, or challenges to our tax positions, resulting in additional tax expense or liabilities; changes in accounting assumptions that regulatory agencies, including the SEC, may require or that result from changes in the accounting rules or their application, which could result in an impact on earnings; and risks associated with mergers, acquisitions, divestitures and other strategic transactions, including our ability to consummate the proposed acquisition of Frontier Communications Parent, Inc. and obtain cost savings, synergies and other anticipated benefits within the expected time period or at all.
Verizon Delivered Strong Customer Growth and Profitability in 2024Verizon, one of the leading telecommunications companies in the United States, announced impressive results for the year 2024, showcasing strong customer growth and profitability.
The company reported a significant increase in the number of new customers, with a focus on expanding its subscriber base for both wireless and broadband services. Verizon’s innovative offerings and top-notch customer service have played a key role in attracting new customers and retaining existing ones.
In addition to its customer growth, Verizon also reported robust financial performance in 2024. The company’s revenue and profits exceeded expectations, demonstrating its ability to thrive in a competitive market.
“We are thrilled to see such positive results in 2024, showcasing our commitment to delivering superior services to our customers and driving sustainable growth,” said the CEO of Verizon. “We will continue to invest in our network infrastructure and technology to ensure our customers have access to the best possible services.”
Verizon’s success in 2024 is a testament to its strong leadership, innovative products, and dedication to customer satisfaction. The company’s focus on providing reliable and high-quality services has clearly paid off, positioning Verizon as a leader in the telecommunications industry.
As Verizon looks ahead to the future, it remains committed to delivering exceptional services and driving continued growth and profitability for its shareholders.
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#Verizon #delivered #strong #customer #growth #profitability #News #ReleaseSamsung Galaxy Z Flip 4 (5G) 128GB Pink Gold *VERIZON LOCKED SM-F721U Excellent
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SOUTH BEND, Ind. – The Notre Dame men’s basketball team (7-6, 1-1) will look to unlock the green jersey magic once again when they host the North Carolina Tar Heels (8-6, 1-1) on Saturday, Jan. 4, presented by Verizon. The game will be broadcasted by CBS at Noon ET. The game is officially sold out – Notre Dame’s first of the season.
ND vs UNC
Saturday will mark the 40th meeting between the Irish and Tar Heels. ND trails the overall series 9-30 but has a better mark at home at 4-6. In fact, the Irish have won two of the last three against UNC inside Purcell Pavilion.
Saturday will also mark the second of what will be four Irish Wear Green games this conference season. Notre Dame was successful in its first Green Game, defeating Syracuse on December 7.
Lastly, there is an interesting Irish connection in this series. North Carolina’s athletic director Bubba Cunningham earned his bachelor’s and master’s degrees in business administration from Notre Dame in 1984 and 1988, respectively. He’s a former member of the Irish golf team (1982-83) and served as Notre Dame’s associate athletics director for finance and facilities from 1995-2000 and was the associate director of athletics for external affairs from 2000-02. Notre Dame’s athletic director is a former Fighting Irish student-athlete as well. Pete Bevacqua graduated magna cum laude, with a B.A. in English in 1993. He was a walk-on punter for head football coach Lou Holtz.
THE TAE-KOVER
Tae Davis has stepped up and balled out in Markus Burton’s absence, emerging as one of the top talents in the league. Scoring-wise, Davis had the fourth-best December in the ACC, averaging 20.0 ppg last month.
He’s produced three straight games with 20+ points, averaging 23.7 ppg in that span on 61.5 percent shooting. He’s also averaging 7.7 rebounds and 2.0 assists over those three games. If Tae can go big for two more games, it’ll mark the first time an Irish player has recorded five straight of 20+ since Ben Hansbrough in February of 2011.
Lastly, he’s riding a career-best eight straight games in double figures.
PROTECT PURCELL
For the most part, the Irish have done just that, going 6-1 inside Purcell Pavilion during non-conference play. If it weren’t for the letdown vs. Elon, the Irish could have been looking at 7-0.
This is their best start at home since the 2021-22 season in which they were a dominant 14-1 inside Purcell and qualified for the NCAA Tournament.
The Irish are averaging 80.6 ppg at home on 49.6 percent shooting. They boast a scoring margin at home of +13.4.
The best individual player at home this year? Braeden Shrewsberry is averaging 18.0 ppg on an impressive 51.8 percent shooting. He’s 41.5 percent from deep. The sophomore has recorded 20+ points in three of his last four home games.
MAKING UP POINTS
Before Vegas, Burton was the only player in the country averaging 20+ points, 5+ assists, and 5+ rebounds. Now the Irish continue to work together to make up the 20+ points per game lost along with Burton’s ability to create shots for his teammates.
Three players in particular have stepped up to fill the void. Both Tae Davis and Braeden Shrewsberry are posting career highs in both points per game and shooting percentage. Then there’s Matt Allocco who is on pace to have the highest assist-to-turnover ratio in program history.
Davis is averaging 16.6 ppg, which ranks 10th in the ACC. For comparison, Tae averaged 9.2 ppg in his first year with the Irish. He boasts the third-best shooting percentage in the ACC at 53.7 percent. Diving deeper, he’s 51-of-75 (.680) at the rim.
Tae has this explosiveness and innate ability to attack the rim like no other on the team. He’s been using that to his advantage and getting to the foul line. He’s averaging 6.9 FD/40 which ranks 27th nationally. The Indy native ranks third in the league in FT attempts and sixth in makes. He’s shooting a career-best 76.5 percent from the stripe.
Next is Braeden Shrewsberry, who is averaging 16.2 ppg (11th in the ACC) on 43.7 percent shooting. His 2.9 threes per game rank second in the league, while his .373 clip from three ranks fifth.
In particular, Shrewsberry is hot from corner threes this year, knocking down 52.2 percent (12-for-23), which is 17.2 percent above the D1 average.
Last season, he drained 55 three-pointers in conference play which set a new program record for ACC threes. He ultimately hit 78 treys which were second most by a DI freshman.
However, it’s important to point out that he’s added to his overall arsenal. He’s developed a dangerous floater that keeps defenders guessing. Oh you think he’s shooting a three, well he’s gonna pump fake and drive now. He’s shooting 48.4% from the paint and he’s 12-15 around the rim. He’s 52.8 percent overall from two.
Last but not least is grad transfer Matt Allocco. The 6-4 guard is averaging 10.2 ppg on 45.4 percent shooting from the floor and 46.9 percent from beyond the arc. His 3.8 assists per game rank 10th in the ACC.
Allocco owns a 4.1 assist-to-turnover ratio which ranks fifth in the nation and leads all ACC players. It’s obviously way too early for comparisons, BUT, the highest A/TO ratio in program history for a season was 3.16 by Martin Inglesby back in 2000-01.
NOTRE NOTABLES
- Notre Dame is shooting 47.2 percent from the field which ranks fourth in the ACC.
- A defensive statistic that sticks out is the team’s three-point percentage allowed vs. the average opponent – .296 which ranks 25th. That’s the best ranking the Irish have had in that category since Haslam Metrics started tracking in 2014.
- Last time out, it was the tale of the good and the bad. The bad was the first half. The Irish shot a season low 28.1 percent and faced a 19-point halftime deficit at 24-43. The good was the second half. They scored a season best 51 points in a half on 60.0 percent shooting. Tae Davis scored 22 of his 27 points in the second half. Now, the Irish have to rebound from a tough 75-86 loss at Georgia Tech with UNC on Saturday.
- Freshman guard Sir Mohammed made his return from injury in the Georgia Tech game on Dec. 31. He had been out since the second game of the season back on Nov. 11.
- J.R. Konieczny is averaging 10.5 ppg in the two ACC games this year, which is third-best on the team. J.R. is shooting 8-18 (.444) from the floor and 3-7 from three (.429).
— ND —
Join us for an exciting matchup between the Notre Dame Fighting Irish and the North Carolina Tar Heels as part of the Irish Wear Green event presented by Verizon!This game is sure to be a thrilling showdown as two powerhouse teams go head-to-head on the court. Don’t miss your chance to cheer on the Fighting Irish and show your support by wearing green to show your pride for Notre Dame.
Tickets are selling fast, so be sure to secure your spot in the stands for this can’t-miss game. Let’s show North Carolina who the true champions are as we come together to support our Fighting Irish.
Go Irish! #IrishWearGreen #Verizon #GoIrish
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