Try our corporate solution for free!
(212) 419-8294
vianny.gutierrez-cruz@statista.com

Verizon Wireless - Statistics & Facts

Verizon Communications is a broadband and telecommunications operator headquartered in New York. It is one of the three largest telecommunications operators in the United States, alongside AT&T Inc. and T-Mobile US, generating around 129 billion U.S. dollars in annual revenue.

Verizon: service to millions


The company has a retail customer base of approximately 120 million subscribers in 2019. Verizon's average monthly churn rate is around 1.3 percent as of 2019. Verizon does not report average revenue per user (ARPU), choosing to focus instead on the metric of average revenue per account (ARPA), which has declined over the past few years from almost 160 U.S. dollars in 2014 to 118.4 U.S. dollars in 2020.

Verizon Communications employs approximately 135,000 people and provides a range of communications, information, and entertainment products and services to consumers, businesses, and government agencies, both in the U.S. wireless and wireline markets.

In the wireless segment, AT&T and Verizon continue to tussle for top position. T-Mobile US still sits in third place, behind Verizon, despite gaining ground in terms of revenue following the merger with the Sprint Corporation in 2020. Similarly, in the wireline market, AT&T and Verizon hold the top spots, while CenturyLink holds the third-largest market share. This success contributes to Verizon being considered one of the most valuable telecom brands globally.

Positioning for 5G


The company went through strategic restructuring in 2018 and 2019 and stopped the operational split between wireless and wireline businesses. It has now two strategic business units: Verizon Consumer Group and Verizon Business Group, which provide wireless and wireline services and products to retail customers and business/government customers respectively. This is Verizon's effort to ensure the delivery of new best-in-class customer experiences and to be better positioned to meet the growth opportunities in the 5G era.

Verizon’s 5G service covers approximately 400 thousand square miles of the United States through 231 million points-of-presence (POP), putting them behind T-Mobile US and AT&T on both metrics.

Key figures

The most important key figures provide you with a compact summary of the topic of "Verizon Wireless" and take you straight to the corresponding statistics.

Financials & market share

Subscribers, churn rate & ARPU

Interesting statistics

In the following 6 chapters, you will quickly find the 41 most important statistics relating to "Verizon Wireless".

Verizon Wireless

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Verizon Wireless - Statistics & Facts

Verizon Communications is a broadband and telecommunications operator headquartered in New York. It is one of the three largest telecommunications operators in the United States, alongside AT&T Inc. and T-Mobile US, generating around 129 billion U.S. dollars in annual revenue.

Verizon: service to millions


The company has a retail customer base of approximately 120 million subscribers in 2019. Verizon's average monthly churn rate is around 1.3 percent as of 2019. Verizon does not report average revenue per user (ARPU), choosing to focus instead on the metric of average revenue per account (ARPA), which has declined over the past few years from almost 160 U.S. dollars in 2014 to 118.4 U.S. dollars in 2020.

Verizon Communications employs approximately 135,000 people and provides a range of communications, information, and entertainment products and services to consumers, businesses, and government agencies, both in the U.S. wireless and wireline markets.

In the wireless segment, AT&T and Verizon continue to tussle for top position. T-Mobile US still sits in third place, behind Verizon, despite gaining ground in terms of revenue following the merger with the Sprint Corporation in 2020. Similarly, in the wireline market, AT&T and Verizon hold the top spots, while CenturyLink holds the third-largest market share. This success contributes to Verizon being considered one of the most valuable telecom brands globally.

Positioning for 5G


The company went through strategic restructuring in 2018 and 2019 and stopped the operational split between wireless and wireline businesses. It has now two strategic business units: Verizon Consumer Group and Verizon Business Group, which provide wireless and wireline services and products to retail customers and business/government customers respectively. This is Verizon's effort to ensure the delivery of new best-in-class customer experiences and to be better positioned to meet the growth opportunities in the 5G era.

Verizon’s 5G service covers approximately 400 thousand square miles of the United States through 231 million points-of-presence (POP), putting them behind T-Mobile US and AT&T on both metrics.

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Vianny Gutierrez-Cruz
Vianny Gutierrez-Cruz
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Catalina Rodriguez
Catalina Rodriguez
Key Account Manager - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)