First purchase from Verizon
$VZ (+2.24%)
P/E ratio below 10,
rising profits,
rising dividend (>6%)
EUR 168 bn market cap
Verizon is a major player in the global telecommunications industry. The company plays a critical role in providing communications services to millions of customers (primarily) in the United States.
The ongoing expansion into new technologies and developments, such as 5G and IoT, makes Verizon an important player in this sector.
Verizon's core businesses:
WirelessVerizon offers a wide range of wireless services, including voice, data and Internet services. The company is known for its high-performance networks and innovative technologies.
Landline: In addition to wireless, Verizon also offers landline services, including Internet, television and telephony.
Enterprise customersVerizon is a major provider of communications solutions for businesses of all sizes.