Verizon
American telecommunications company
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| May 2025 | Verizon announced the end of diversity, equity and inclusion programs following a Trump administration probe. |
| January 2025 | Verizon's market capitalization was valued at over US$163.96 billion, with shares trading at over $45 per share. |
| 2024 | Verizon was targeted by a cyber attack from Salt Typhoon, an advanced persistent threat group linked to the Chinese government, revealing significant security vulnerabilities in the company's infrastructure. |
| 2024 | Partial recovery with net income rising to $17,949 million, but continued reduction in workforce to 99,600 employees, suggesting ongoing organizational changes. |
| 2024 | Verizon reported annual earnings of US$17.95 billion and annual revenue of US$134.788 billion, showing a 0.6% increase from the previous fiscal year. |
| September 2024 | Verizon announced sponsorship for the 2026 FIFA World Cup, committing to provide cellular network access for fans in the United States, Canada, and Mexico across stadiums, fan fests, and host city metropolitan areas. |
| September 5 2024 | Verizon announced its intent to acquire Frontier in an all-stock deal valued at $20 billion. |
| May 2024 | Verizon announced a partnership with AST SpaceMobile to improve cellular and broadband access in remote US areas. |
| April 2024 | Verizon was fined nearly $47 million by the FCC for illegally sharing customers' real-time location data, highlighting significant privacy violations. |
| 2023 | Planned launch of a new professional team handball league with 10 teams, each initially valued between $3 million to $5 million, with potential collaboration with NBA or NHL owners. |
| 2023 | Verizon issues a green bond with proceeds specifically targeted at transitioning to more environmentally friendly electrical grids, marking the fifth green bond in a series started in 2019. |
| 2023 | Significant drop in net income to $12,095 million, with total assets reaching $380,255 million. Employee count reduces to 105,400, indicating potential restructuring. |
| 2023 | Verizon was ranked #31 in the Fortune 500 list. |
| March 2023 | Kyle Malady replaced Sowmyanarayan Sampath as CEO of Verizon Business. |
| 2022 | Continued revenue growth to $136,835 million, though net income slightly declines to $21,748 million. Stock price drops to $39.40, and employee count further reduces to 117,100. |
| July 2022 | Sowmyanarayan Sampath replaced Tami Erwin as CEO of Verizon Business. |
| 2021 | Verizon sponsored the Verizon 200 race in the NASCAR Cup Series at Indianapolis Motor Speedway. |
| 2021 | Verizon sees revenue increase to $133,613 million and highest net income of $22,618 million in the provided data, with employee count further reduced to 118,400. |
| 2021 | Verizon sold its media group (AOL and Yahoo) to Apollo Global Management for $5 billion, retaining a 10% stake. |
| 2020 | Verizon and USA Team Handball began planning the creation of an American professional team handball league, with plans to secure league owners by the end of 2020. |
| 2020 | Verizon launches the 'Citizen Verizon' plan, which outlines comprehensive social and environmental goals, including a commitment to achieve carbon neutrality by 2035 and provide digital-skills training for young people. |
| 2020 | Despite the COVID-19 pandemic, Verizon maintains financial stability with $128,292 million in revenue and $18,348 million in net income, with workforce reduced to 132,200 employees. |
| September 2020 | Verizon announced plans to acquire TracFone Wireless for $6.25 billion. |
| May 2020 | The Better Business Bureau criticized Verizon for claiming to be 'building the most powerful 5G experience for America' and recommended the company make clear disclosures about the limited actual availability of its 5G network. |
| May 2020 | Verizon acquired videoconferencing service BlueJeans to expand its business portfolio. |
| January 2020 | Verizon became a founding partner of USA Team Handball, securing jersey sponsorship for men's and women's national handball teams and beach handball teams, and becoming presenter of the USA Team Handball College Nationals. |
| 2019 | Verizon begins issuing green bonds as part of its environmental sustainability efforts, initiating a series of financial instruments to support eco-friendly initiatives. |
| 2019 | Verizon increases net income to $19,265 million, with total assets rising to $291,727 million, while employee count decreases to 135,000. |
| April 2019 | Verizon began rolling out its 5G mobile network, active in 30 cities by year-end. |
| March 2019 | Verizon was cited by the Better Business Bureau for misleading advertising about 5G network deployment, with ads falsely conveying that 5G technology was currently available. |
| January 2019 | Oath Inc. was rebranded as Verizon Media. |
| January 2019 | Verizon reorganizes its corporate structure, creating three business units which include the Verizon Business Group. |
| 2018 | Verizon reports $130,863 million in revenue with 144,500 employees, marking a stable financial year. |
| August 1 2018 | Hans Vestberg succeeded Lowell McAdam as CEO, focusing on Verizon's 5G technology strategy. |
| 2017 | Verizon acquired Yahoo! Inc., which was amalgamated with AOL into a new division called Oath Inc. |
| June 13 2017 | Verizon completed its acquisition of Yahoo for $4.48 billion. |
| 2015 | Verizon expanded into content ownership by acquiring AOL. |
| August 2015 | Verizon launched Hum, a service offering vehicle diagnostic and monitoring tools. |
| April 2014 | Chris Formant was named president of the Verizon Business unit, replacing John Stratton. |
| March 2014 | Verizon became the title sponsor of the IndyCar Series, securing sponsorship through 2018. |
| February 21 2014 | Verizon Wireless deal with Vodafone closed, becoming the third largest corporate deal ever signed. |
| September 2013 | Verizon purchased Vodafone's 45% stake in Verizon Wireless for $130 billion, becoming the sole owner of Verizon Wireless. |
| June 2012 | Verizon purchased Hughes Telematics for $612 million to expand its wireless business. |
| January 1 2012 | The division is relaunched and rebranded as Verizon Enterprise Solutions. |
| August 1 2011 | Ivan Seidenberg retired as Verizon's CEO, and was succeeded by Lowell McAdam. |
| 2010 | Verizon continued sponsoring Justin Allgaier in the NASCAR Nationwide Series. |
This contents of the box above is based on material from the Wikipedia articles Verizon Business & Verizon, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.