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EnterpriseMixedVZVERIFIED

Verizon

New York City, United States• Founded 2000~100,000+ employees

Verizon Communications Inc. is a U.S. telecommunications company providing wireless and wireline communications services, broadband, and network solutions for consumers, businesses, and government customers. The company operates one of the largest mobile networks in the United States and offers enterprise connectivity, security, and managed services.

AI Strategy

Verizon’s AI efforts are primarily focused on applying AI/ML to network operations (automation, optimization, assurance), customer experience, and enabling enterprise AI workloads through 5G, edge computing, and secure connectivity. The company also partners with major cloud and AI infrastructure providers to deliver integrated edge-to-cloud solutions.

Key AI Products

Verizon Business AI Connect (network connectivity for AI workloads)Verizon Business Intelligent Edge (MEC/edge compute platform)Verizon Business IoT solutions (analytics/automation capabilities)

Financials

Revenue
~$130B (FY2024)
Employees
~100,000+

Business Focus

TelecommunicationsWireless servicesBroadbandEnterprise network servicesIoT

Competitive Analysis

Strengths

  • Large-scale nationwide wireless network and spectrum assets
  • Strong enterprise customer base and managed services capabilities
  • 5G and edge computing footprint enabling low-latency AI/IoT use cases
  • Operational expertise in network reliability, security, and compliance

Challenges

  • Highly competitive U.S. wireless market with pricing pressure
  • Capital-intensive network build/upgrade cycles impacting margins
  • AI differentiation often depends on partners (cloud/AI vendors) rather than proprietary models

Strategic Partnerships

NVIDIATechnology

Collaboration to bring accelerated computing/AI capabilities to Verizon’s 5G edge/MEC offerings for enterprise applications.

Amazon Web Services (AWS)Technology

Integration of Verizon 5G Edge with AWS Wavelength/edge services to support low-latency enterprise applications.

MicrosoftTechnology

Collaboration on edge and cloud integrations (e.g., Azure edge services) for enterprise solutions.

Google CloudTechnology

Partnerships around edge/cloud connectivity and data/AI services for enterprise customers.

Competitors

Industries