VERIZON COMMUNICATIONS

Verizon Communications is Multi-National Telecommunications Service Providing Company. Verizon Provides Wireless Network Coverage to 98% of USA. Provided 2.5 Square Miles Network coverage in USA and spent 126 Billion USD as Network Investment.

Annual Results Summary:

Verizon Communications Inc - Annual Revenue and Net Profit - in Billion USD:

Annual Results	Revenue	Operating Income	Net Income	EPS (USD)
Dec-2020	128.29	28.79	17.80
Dec-2019	131.87	30.47	19.26	4.66
Dec-2018	130.86	26.86	15.52	3.76
Dec-2017	126.03	29.18	30.10	7.37
Dec-2016	125.98		13.13	3.22
Dec-2015	131.62		17.88	4.39

Balance Sheet Summary

Verizon Communications Inc - Balance Sheet Summary - in Million USD:

Year Ending:	Total Current Assets	Total Assets	Total Current Liabilities	Total Liabilities	Total Equity
Dec-2020	54,594	316,481	39,660	228,892	69,272
Dec-2019	37,473	291,727	44,868	228,892	61,395
Dec-2018	34,636	264,829	37,930	210,119	53,145
Dec-2017	29,913	257,143	33,037	212,456	43,096
Dec-2016	26,395	244,180	30,340	220,148	22,524

Quarterly Results Summary:

Verizon Communications Inc - Quarterly Revenue and Net Profit - in Billion USD:

Quarter - Ending	Revenue	Net Profit	EPS (USD)
Sep-2020	31.54	4.35	1.25
Jun-2020	30.44	4.70	1.14
Mar-2020	31.61	4.15	1.00
Dec-2019	34.77	5.09	1.23
Sep-2019	32.89	5.19	1.26
Jun-2019	32.07	3.94	0.95
Mar-2019	32.13	5.03	1.22
Dec-2018	34.28	1.94	0.47
Sep-2018	32.61	4.92	1.19
Jun-2018	32.20	4.12	0.99

Institutional Investors

Top 25 Institution Investors in VERIZON COMMUNICATIONS as on June-30-2020

RANK	INVESTOR NAME	SHARES HELD	CHANGE (SHARES)	CHANGE (%)	VALUE (IN 1,000S)
1	VANGUARD GROUP INC	333,177,039	-5,345,767	-1.58%	$19,737,408
2	BLACKROCK INC.	310,048,142	-1,637,683	-0.53%	$18,367,252
3	STATE STREET CORP	167,706,459	3,587,910	2.19%	$9,934,931
4	WELLINGTON MANAGEMENT GROUP LLP	66,401,158	-11,620,825	-14.89%	$3,933,605
5	GEODE CAPITAL MANAGEMENT, LLC	63,460,579	-53,149	-0.08%	$3,759,405
6	BANK OF AMERICA CORP /DE/	63,367,259	-2,308,930	-3.52%	$3,753,876
7	CAPITAL WORLD INVESTORS	61,514,201	6,970,076	12.78%	$3,644,101
8	JPMORGAN CHASE & CO	58,192,035	8,095,432	16.16%	$3,447,296
9	NORTHERN TRUST CORP	53,378,613	721,602	1.37%	$3,162,149
10	NORGES BANK	45,202,140	546,461	1.22%	$2,677,775
11	BANK OF NEW YORK MELLON CORP	41,576,844	256,321	0.62%	$2,463,012
12	CAPITAL INTERNATIONAL INVESTORS	38,568,476	3,350,702	9.51%	$2,284,797
13	MORGAN STANLEY	37,221,807	853,211	2.35%	$2,205,020
14	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	36,317,442	391,277	1.09%	$2,151,445
15	WELLS FARGO & COMPANY/MN	34,466,101	472,148	1.39%	$2,041,772
16	FRANKLIN RESOURCES INC	34,437,153	7,775,339	29.16%	$2,040,057
17	FMR LLC	28,707,921	-8,792,040	-23.45%	$1,700,657
18	LEGAL & GENERAL GROUP PLC	27,530,261	752,324	2.81%	$1,630,893
19	AMERIPRISE FINANCIAL INC	24,858,767	-6,988,966	-21.95%	$1,472,633
20	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	24,816,734	1,180,393	4.99%	$1,470,143
21	DIMENSIONAL FUND ADVISORS LP	24,357,411	2,637,828	12.15%	$1,442,933
22	PRICE T ROWE ASSOCIATES INC /MD/	23,251,146	-6,644,106	-22.23%	$1,377,398
23	NUVEEN ASSET MANAGEMENT, LLC	23,104,559	-4,715,121	-16.95%	$1,368,714
24	DEUTSCHE BANK AG\	22,605,052	1,714,354	8.21%	$1,339,123
25	ROYAL BANK OF CANADA	21,125,766	471,609	2.28%	$1,251,490

Comments

Verizon rollsout 5G services in United States

Verizon rollsout 5G services in United States. It provides high speed internet which enhances continuous video streaming and real time gaming capabilities.

Apple launch of iPhone 12 model which is having 5G support capabilities coincides with Verizon rollout of 5G services.

It is good for Apple and Verizon in terms of business and revenue growth.

Thu, 15/10/2020 - 06:21