Loading organizations...
Key people at Verizon Business.
Verizon Business delivers telecommunications and technology solutions for enterprises and small-to-medium organizations. Offerings include high-speed internet, 5G connectivity, and advanced phone services. The company provides secure networking, managed security, cloud solutions, and Internet of Things platforms. These establish resilient digital infrastructure, enhancing operational efficiency and accelerating client digital transformation.
Verizon Communications, the parent entity, formed June 30, 2000, from the merger of Bell Atlantic Corp. and GTE Corp. Both predecessors expanded over decades through numerous telecommunications industry mergers and acquisitions. This consolidation integrated vast network infrastructure and technological expertise, positioning the new company to meet evolving digital demands for consumers and enterprises.
Verizon Business serves diverse clients, from small firms needing connectivity to large corporations requiring complex integrated technology solutions. Offerings empower organizations to leverage telecommunications for operational efficiency, secure data, and sustained growth. The company envisions itself as a pivotal technology partner, guiding businesses to innovate and achieve strategic objectives.
Key people at Verizon Business.
Verizon Business is the B2B division of Verizon Communications Inc., a global telecommunications leader headquartered in New York City with operational headquarters in Basking Ridge, New Jersey. It delivers enterprise-grade connectivity, security, 5G networks, and customer experience solutions to nearly all Fortune 500 companies and millions of business customers worldwide, generating $7.1 billion in revenue in Q3 2025.[1][2] The group focuses on wireless services, broadband, private 5G, and AI-driven innovations, serving 31 million wireless retail postpaid connections and 2.6 million broadband connections as of Q3 2025, while emphasizing high-performance networks for modern business needs.[1][2][5]
Amid company-wide transformations under new CEO Dan Schulman, Verizon Business reported operating income of $637 million in Q3 2025, up 12.7% year-over-year, driven by 110,000 wireless retail postpaid net additions despite a 2.8% overall revenue dip.[2][3]
Verizon Business traces its roots to the 2000 merger of Bell Atlantic and GTE, forming Verizon Communications, with the business unit evolving from legacy telecom services into a key pillar focused on enterprise solutions.[1] It has grown through strategic expansions in wireless, fiber optics (Fios), and 5G, serving global enterprises and adapting to digital demands. Under new CEO Dan Schulman, who started in late 2025, the unit is undergoing aggressive restructuring—including over 13,000 company-wide layoffs (20% of management)—to simplify operations, cut costs, and prioritize customer delight amid competition from AT&T and T-Mobile.[3][9] Pivotal moments include rapid 5G deployments and fixed wireless growth, reaching nearly 5.4 million subscribers company-wide by Q3 2025.[2]
Verizon Business rides the 5G-AI convergence wave, predicting private networks will dominate 2025 as businesses demand secure, high-speed infrastructure for IoT, edge computing, and data-intensive AI analytics.[5][4] Timing aligns with surging enterprise needs for reliable connectivity amid economic optimism for small businesses and mid-teens CAGR in 5G/IoT through 2026.[4][7] Market forces like rising competition and cost pressures favor its debt-reduction focus and broadband expansions (e.g., 306,000 net additions in Q3 2025), influencing the ecosystem by enabling SMB innovation and CX personalization.[2][6][8] It shapes telecom evolution through thought leadership on cybersecurity and private 5G, helping enterprises adapt to hyper-connected, AI-fueled dynamics.[5]
Verizon Business is poised for rebound through 2026 cost efficiencies, 5G/IoT growth (mid-teens CAGR), and AI integrations, potentially driving 17%+ stock upside and resumed buybacks after 2025 debt focus.[4] Trends like private networks and hyper-personalized CX will accelerate under Schulman's customer-first pivot, amid layoffs streamlining operations.[3][5][6] Its influence may expand as a B2B enabler of autonomous tech and analytics, solidifying Verizon's trajectory from telecom giant to AI-network powerhouse—delivering the reliable connectivity that powers tomorrow's enterprises.[2][4][5]
