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Verizon Communications Inc   (VZ)
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Verizon Communications Inc 's

Competitiveness


 

VZ Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Verizon Communications Inc reported Revenue decrease in the 4 quarter 2023 year on year by -0.34 %, despite the revenue increase by the most of its competitors of 10.73 %, recorded in the same quarter.

List of VZ Competitors





Revenue Growth Comparisons




Net Income Comparison


Verizon Communications Inc , despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 1289.65 %

<<  VZ Stock Performance Comparisons



  

Overall company Market Share Q4 2023

Overall company, revenue fell by -0.34 % and company lost market share, to approximately 16.91 %.




<<  More on VZ Market Share.
 
*Market share is calculated based on total revenue.

  News about Verizon Communications Inc Contracts

Verizon Business Unveils AI-Powered Experiences Room and Showcases Cutting-Edge Solutions at Enterprise Connect, while Empowering STEM Education and Highlighting Consumer Connectivity Trends

Verizon Business, a prominent leader in telecommunications and technology solutions, is set to make a groundbreaking mark at this year's Enterprise Connect event held at the Gaylord Palms in Orlando, Florida. Showcasing an array of innovative cloud-connected, mobile, 5G, and Artificial Intelligence (AI) solutions, the company aims to revolutionize business and personal connectivity.In the ever-evolving landscape of technology, Verizon Business acknowledges the significance of AI-powered experiences. With an exclusive booth (619) at the event, the company will introduce its state-of-the-art AI-Powered Experiences Room. This immersive space is designed to demonstrate the transformative potential of AI in vario...

Verizon Expands Services and Partnerships for Enhanced Customer Experience and Disaster Preparedness

Verizon Expands Services and Partnerships to Enhance Customer Experience and Disaster PreparednessVerizon is making waves in the telecommunications industry with its latest offerings and partnerships. The company has recently launched a new service plan that allows customers to add a second number on one phone for just $10 per month. This innovative feature brings added convenience and flexibility to Verizon's customers, who can now manage multiple lines without the need for multiple devices.With the increasing demand for dual-SIM capabilities, Verizon's new service plan caters to the evolving needs of its customers. Whether it's for personal or professional use, having the option to add a second number on o...

Verizon Connect Expands European Market with Innovative EV Solutions and Unveils Exciting Streaming Deals for Customers

Verizon Connect, a leading provider of fleet management solutions, has made significant strides in expanding its presence in Europe, as it introduces its highly anticipated Electric Vehicle (EV) platform and a range of cutting-edge features designed to streamline EV adoption for fleets across the continent. Additionally, the company has rolled out exciting new streaming deals, exclusive content offers, and enhanced value plans for its mobile phone and home internet customers. Let's delve into the details and explore the impact of these developments on Verizon.In a forward-thinking move towards sustainable transportation solutions, Verizon Connect has expanded its successful Reveal EV Platform to Europe. This...

Verizon Spearheads Seamless Connectivity and Innovative Solutions at Nation's Largest Ski Race, ViVE 2024, and Business Customer Enrollment Period

Verizon Frontline Facilitates Seamless Communication for First Responders at Nation's Largest Cross-Country Ski RaceCABLE, Wis., Feb. 27, 2024 - Verizon Frontline Crisis Response Team demonstrated their unwavering commitment to public safety by providing essential connectivity and support to the Sawyer and Bayfield County Sheriffs Offices during the highly anticipated 2024 American Birkebeiner race in Northern Wisconsin. This successful deployment showcased the unparalleled capabilities of Verizon's cutting-edge technology in enabling effective communication channels for first responders.In an effort to ensure a safe and secure event, Verizon Frontline seamlessly established and maintained robust communicati...

Verizon Business Expands Services with Total Mobile Protection, 5G API Collaboration, and Multi-Cloud Management Solution

Verizon Business Announces Open Enrollment for Total Mobile Protection and Collaborates with Vonage for 5G Network APIsVerizon Business, a leading telecommunications company, recently announced open enrollment for their Total Mobile Protection (TMP) for Business, allowing business customers to add this protection plan to their existing eligible devices until April 13. This move aims to provide comprehensive coverage and support for mobile devices used by business professionals.In addition, Verizon and Vonage, a cloud communications company, have formed a collaboration to bring advanced 5G network application programming interfaces (APIs) to developers. This joint innovation sets the stage for future API dev...

Verizon Bounces Back with Exciting Pop Tour Partnership Despite a Dip in Revenue and Market Share

Despite a modest dip in revenue and market share in the third quarter of 2023, Verizon Communications Inc. is not skipping a beat. As it steadily marches towards creating memorable experiences for its customers, the telecommunications giant is embarking on bringing a unique nostalgic musical experience to customers via a partnership with the famous 90s Pop Tour. This major move will no doubt re-ignite customers' passion for music, specifically those of Latino pop stars, and deepen their connection with the brand.In the third quarter of 2023, it was reported that amid a 4.61% increase in revenue recorded by Verizon's competitors, the company saw a revenue decrease of 2.64% when compared to the same quarter in...

Verizon Announces New Savings with Streaming Bundle Featuring Netflix and STARZ, Despite Revenue Decrease Compared to Competitors

In a recent announcement, Verizon Communications Inc. has unveiled an exciting offer for its customers, allowing them to enjoy a 20% discount on popular streaming services such as Netflix and STARZ. Along with this enticing deal, Verizon's myPlan monthly perk promises even greater savings. However, amidst this positive development, the company has recorded a decrease in revenue compared to its competitors in the third quarter of 2023.Fact 1: Verizon customers can now take advantage of an exclusive discount, scoring 20% off on their favorite streaming services. With popular platforms like Netflix and STARZ included in this bundle, subscribers can enjoy a wide range of quality entertainment at a reduced cost....

Verizon Wins JD Power Award for 32nd Time in a Row; Reports Decrease in Revenue Compared to Competitors

Verizon Wins J.D. Power Award for 32nd Time in a Row; Reports Decrease in Revenue Compared to CompetitorsVerizon Communications Inc, a leading telecommunications company, has once again emerged as the top brand for wireless network quality in the latest J.D. Power 2024 U.S Wireless Network Quality Performance Study. This marks the 32nd consecutive time that Verizon has received this prestigious recognition. The company takes immense pride in providing its customers with the most reliable, highest performing, and most secure network.In contrast to this achievement, Verizon reported a decline in revenue during the third quarter of 2023 compared to its competitors. While its competitors experienced an average r...

Verizon's Revenue Challenges Amidst TV Distribution Agreement with Sinclair

In a recent announcement, Sinclair, Inc. revealed that it has successfully reached a comprehensive multi-year distribution agreement with Verizon for FiOS TV. This agreement covers local television stations in 10 markets, along with the popular Tennis Channel and YES Network. Will Bell, Sinclair's SVP and Head of Distribution and Network Relations, expressed satisfaction with the renewal agreement, emphasizing the absence of any disruptions in service.Despite this positive development, Verizon Communications Inc reported a year-on-year revenue decrease of -2.64% in the third quarter of 2023. In contrast, many of its competitors experienced revenue growth of 4.61% during the same period. To gain further insig...

Verizon Puts Customers in Charge of Their Spending with Affordable Plans While Tackling Revenue Decline

Verizon Puts Customers in Control of Their Spending with New Mobile and Home Offers, Despite Revenue Decrease in Q3 2023Verizon Communications Inc, a leading telecommunications company, has recently announced exciting new mobile and home offers starting as low as $25 per month. These offers, coupled with guaranteed trade-ins and exclusive streaming deals, aim to empower Verizon customers and give them more control over their spending. With fierce competition in the industry, Verizon's latest moves showcase their commitment to providing value and staying ahead of the game.In a recent report, Verizon reported a revenue decrease of -2.64% in the third quarter of 2023 compared to the previous year. This decrease...





Who are Verizon Communications Inc 's Competitors?




Sps Commerce Inc
Share Performance



-1.80%
Over The Past 5 Days



Sps Commerce Inc
Profile

Sps Commerce Inc is a cloud-based platform that offers supply chain management solutions to businesses. They provide a subscription-based service to help companies automate and optimize their trading partner relationships. Their business model revolves around providing software-as-a-service (SaaS) solutions, offering scalability, convenience, and efficiency to their customers.

More about Sps Commerce Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,758.180 mill. $ 536.841 mill. $ 65.824 mill.


Comcast Corporation
Share Performance



+2.85%
30 Days



Comcast Corporation
Profile

Comcast Corporation's business model revolves around providing a wide range of media and technology services. This includes offering cable television, internet, phone, and home security services to both residential and business customers. They generate revenue through subscription fees, advertising, and additional service offerings.

More about Comcast Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 179,803.181 mill. $ 121,572.000 mill. $ 15,107.000 mill.


Frontier Communications Parent Inc
Share Performance



-2.06%
30 Days



Frontier Communications Parent Inc
Profile

Frontier Communications Parent Inc operates as a telecommunications company, providing a range of voice, data, and video services to residential and business customers. Their business model revolves around offering reliable and affordable communication solutions, including internet access, TV services, and voice services, with a focus on serving rural communities. They generate revenue by charging subscription fees for their services and strive to expand their customer base through strategic partnerships and acquisitions.

More about Frontier Communications Parent Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5,737.167 mill. $ 5,751.000 mill. $ 29.000 mill.


Lumen Technologies inc
Share Performance



-12.43%
Over The Past 5 Days



Lumen Technologies inc
Profile

Lumen Technologies Inc.'s business model revolves around providing telecommunications services and solutions to both individuals and businesses.

More about Lumen Technologies inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,524.352 mill. $ 15,378.000 mill. $ -10,661.000 mill.


At and t Inc
Share Performance



+3.65%
Over The Past 5 Days



At and t Inc
Profile

AT&T Inc.'s business model can be described as a telecommunications and media conglomerate, providing a wide range of services including wireless communication, wireline communication, and entertainment content through its various subsidiaries.

More about At and t Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 126,791.472 mill. $ 122,428.000 mill. $ 15,623.000 mill.


T mobile Us Inc
Share Performance



+0.81%
This Year



T mobile Us Inc
Profile

T-Mobile US Inc operates as a wireless telecommunications company that provides mobile communications and data services across the United States. Their business model focuses on offering wireless voice, messaging, and data services to individual consumers and businesses. T-Mobile differentiates itself through its customer-centric approach, offering affordable plans, unlimited data, and various innovative services such as Netflix inclusion and international roaming.

More about T mobile Us Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 195,887.553 mill. $ 78,558.000 mill. $ 8,317.000 mill.


Criteo S a
Share Performance



+42.39%
This Year



Criteo S a
Profile

Criteo S.A. operates using an advertising technology business model that focuses on personalized online advertising. The company offers an advertising platform that utilizes various algorithms and data analysis techniques to target and display ads to relevant users on different devices and websites. Criteo's revenue is generated by charging advertisers for the display of their ads and facilitating the successful conversions resulting from these ad placements.

More about Criteo S a 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,122.492 mill. $ 1,022.044 mill. $ 54.644 mill.


Alphabet Inc
Share Performance



+49.42%
One Year



Alphabet Inc
Profile

Alphabet Inc's business model is focused on the development and monetization of internet-based products and services. They generate revenue primarily through advertising, technology sales, and licensing fees. Their diverse portfolio of offerings spans technology, search engines, online advertising platforms, cloud computing services, and various other digital initiatives.

More about Alphabet Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,937,245.983 mill. $ 307,394.000 mill. $ 73,795.000 mill.


Groupon Inc
Share Performance



+255.65%
One Year



Groupon Inc
Profile

Groupon Inc operates as an online marketplace that connects local merchants with consumers by offering a variety of discounted deals and coupons on goods and services. The company earns revenue by taking a commission or a percentage of each transaction made through their platform. Groupon focuses on attracting customers through email marketing, promoting limited-time offers, and encouraging group purchases to drive sales for local businesses.

More about Groupon Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 404.149 mill. $ 514.664 mill. $ -52.934 mill.


Liveperson Inc
Share Performance



-72.04%
One Year



Liveperson Inc
Profile

Liveperson Inc is a technology company that provides cloud-based messaging and AI-powered chatbot solutions for businesses to engage with their customers in real-time, increase sales, and enhance customer support. They monetize their services through subscription fees and usage-based pricing models, catering to enterprises of various sizes across industries.

More about Liveperson Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 81.603 mill. $ 401.983 mill. $ -4.163 mill.


Magnite Inc
Share Performance



+9.63%
This Quarter



Magnite Inc
Profile

provides technology solutions to automate the purchase and sale of digital advertising inventory

More about Magnite Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,424.493 mill. $ 619.710 mill. $ -159.184 mill.


On24 Inc
Share Performance



-16.18%
One Year



On24 Inc
Profile

is a leading, cloud-based platform for digital engagement

More about On24 Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 307.591 mill. $ 163.445 mill. $ -51.786 mill.


Qumu Corporation
Share Performance



+0.99%
30 Days



Qumu Corporation
Profile

Qumu Corporation operates with a business model focused on providing enterprise video solutions for organizations.

More about Qumu Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 16.307 mill. $ 21.452 mill. $ -12.478 mill.


Secureworks Corp
Share Performance



-16.83%
30 Days



Secureworks Corp
Profile

Secureworks Corp operates as a cybersecurity services provider that offers a range of solutions including managed security, consulting, and intelligence services. The company primarily caters to organizations of all sizes and industries, helping them detect and prevent cyber threats while providing expertise and guidance to enhance overall security posture. Secureworks generates revenue through recurring subscription fees, professional services, and consulting engagements.

More about Secureworks Corp 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 501.625 mill. $ 463.475 mill. $ -114.499 mill.


Voip pal com Inc
Share Performance



-36.33%
This Quarter



Voip pal com Inc
Profile

Voip Pal com Inc operates in the voice over Internet protocol (VoIP) industry. Their business model involves providing innovative communication solutions through their patented technology. By leveraging VoIP technology, they offer cost-effective voice and video communication services to individuals, businesses, and service providers.

More about Voip pal com Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 47.249 mill. $ - mill. $ -21.082 mill.



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