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Company Directory - Verizon Communications Inc.

Company Details - Verizon Communications Inc.

Verizon Communications Inc. Logo

Verizon Communications Inc.

Website

New York City, United States

NYSE: VZ, S&P 500 

ISIN: US92343V1044

Verizon Communications Inc. is a major multinational telecommunications company that provides wireless services, broadband, and digital solutions. Known for its extensive network and innovation in connectivity, the company offers a broad portfolio of communication, information, and technology services to consumers, businesses, and governmental organizations.

CCI Score

CCI Score: Verizon Communications Inc.

-13.75

0.02%

Latest Event

Verizon Restores Network in Georgia Post-Hurricane Helene

Following Hurricane Helene, Verizon Communications Inc. fully restored its network in Georgia by October 16, ensuring that affected communities regained essential internet access amid widespread outages and infrastructure challenges.

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ENABLER

Verizon Communications Inc. is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • Verizon Restores Network in Georgia Post-Hurricane Helene Logo
    OCT
    16
    2025

    Following Hurricane Helene, Verizon Communications Inc. fully restored its network in Georgia by October 16, ensuring that affected communities regained essential internet access amid widespread outages and infrastructure challenges.

  • Verizon Resists FCC Pressure on DEI Policies Logo
    APR
    28
    2025

    Verizon is facing an FCC investigation under Chairman Brendan Carr for not aligning with the administration’s push to dismantle diversity and civil rights initiatives. This investigation highlights Verizon's resistance to political pressure that aims to erode protections for consumers and marginalized communities.

  • Verizon Partners with OATS for Digital Wellness Initiative Logo
    MAR
    30
    2025

    Verizon has joined forces with Older Adults Technology Services (OATS) to offer free digital wellness lessons in Verizon stores and senior centers. This initiative, highlighted in a Fox News article, aims to empower seniors with digital literacy skills to combat scams and fraudulent practices targeting this vulnerable demographic.

  • Verizon Political Engagement Reporting Logo
    MAR
    28
    2025

    Verizon published its biannual report detailing PAC contributions, corporate political contributions, support for ballot initiatives, independent expenditures, memberships in trade associations, and federal lobbying activities.

  • -30

    Political Contributions and Lobbying Efforts

    March 31

    Verizon’s report highlights its active role in corporate political contributions and lobbying. While the transparency in publishing these details is a positive aspect, the underlying involvement in political contributions can contribute to excessive corporate influence on democratic processes, potentially favoring policy outcomes that undermine public accountability.

    Political Engagement Report Archive

  • Verizon Lobbying Amid Immigration Policy Shifts Logo
    MAR
    28
    2025

    Insiders report that Verizon lobbyists are pressuring lawmakers to secure a spectrum auction as a response to shifting immigration policies that boosted their migrant subscriber base. This political maneuver aims to safeguard revenues as potential changes in immigration enforcement loom following the Trump administration, highlighting the company’s active engagement in political lobbying.

  • FCC Pressure on Verizon's DEI Commitment Logo
    MAR
    21
    2025

    FCC Chair Brendan Carr has publicly criticized companies for failing to end DEI initiatives, and in a letter, expressed concerns over Verizon's apparent lack of progress in scaling back its diversity, equity, and inclusion programs. From an anti-fascist perspective, Verizon’s continued commitment to DEI policies is a stand against authoritarian efforts to dismantle protections for marginalized communities.

  • Verizon's Human Rights Commitment and Supplier Accountability Logo
    MAR
    14
    2025

    Verizon outlines its comprehensive human rights policies, emphasizing robust employee training, due diligence, and expectations for suppliers to respect workers' rights and mitigate risks of forced labor.

  • +80

    Labor Relations and Human Rights Practices

    March 31

    Verizon demonstrates a strong commitment to human rights by instituting mandatory employee training, establishing a dedicated Business & Human Rights Program, and consistently applying international standards. These measures support worker rights and reflect progressive labor practices.

    Human Rights Commitment at Verizon

  • +70

    Supply Chain Ethics

    March 31

    Verizon reinforces ethical supply chain practices by mandating that its suppliers respect workers’ human rights and actively mitigate forced labor and other human rights risks, demonstrating a commitment to responsible business practices.

    Human Rights Commitment at Verizon

  • FCC's Investigation Against Verizon's DEI Programs Highlights Political Abuse Logo
    FEB
    28
    2025

    FCC Chairman Brendan Carr opened an investigation into Verizon’s diversity, equity, and inclusion efforts, an action widely criticized as politically motivated and a tool of authoritarian control. Verizon’s robust DEI initiatives, however, reflect a strong commitment to promoting workplace equality and ethical business practices.

  • +80

    Business Practices and Ethical Responsibility

    March 21

    The article underscores Verizon's proactive and commendable diversity, equity, and inclusion policies, which are being targeted by politically motivated investigations. This commitment to creating an inclusive work environment demonstrates ethical responsibility and stands as a strong counter to authoritarian pressures, meriting a high score in Business Practices and Ethical Responsibility.

    FCC Chairman Brendan Carr's Attacks on Diversity, Equity and Inclusion Are Racist, Sexist and an Egregious Abuse of Power

  • Verizon Communications Political Influence Analysis Logo
    FEB
    19
    2025

    The 2024 cycle data from OpenSecrets shows that Verizon Communications contributed approximately $3.7 million and spent over $11.3 million on lobbying. The significant funds allocated to political influence, combined with revolving door practices, raise concerns about the company’s role in shaping policy that may favor authoritarian outcomes.

  • -60

    Political Contributions and Lobbying Efforts

    March 21

    Verizon Communications' substantial spending on political contributions and lobbying in the 2024 cycle, along with evidence of revolving door practices, indicates a high level of corporate political influence. From an anti-fascist perspective, such actions are concerning as they may contribute to undermining democratic accountability and supporting authoritarian policies.

    Verizon Communications Profile: Summary

  • Revolving Door Ties Expose Regulatory Capture Logo
    FEB
    19
    2025

    OpenSecrets data reveals that a significant portion of Verizon Communications' lobbyists in 2023 and 2024 are former government officials. This revolving door phenomenon raises concerns over potential regulatory capture and undue corporate influence on policymaking.

  • -50

    Regulatory Capture

    March 31

    The data indicating that 89 out of 113 lobbyists in 2023 and 88 out of 119 in 2024 have prior government roles suggests a strong revolving door practice. This intermingling of corporate and governmental expertise increases the risk of regulatory capture, undermining accountability and contributing to an environment conducive to authoritarian influence.

    Verizon Communications Profile: Summary

  • Verizon Political Contributions and Lobbying Report Logo
    JAN
    01
    2025

    Verizon's Political Engagement Report Archive details its PAC contributions, corporate political contributions, support for ballot initiatives, and federal lobbying efforts. The disclosure of these activities raises concerns about the company's significant political engagement, which may be used to influence policy in a way that undermines democratic accountability and supports authoritarian practices.

  • -50

    Political Contributions and Lobbying Efforts

    March 21

    The report reveals that Verizon actively participates in political contributions and lobbying efforts, as evidenced by its detailed archive. Such corporate political behavior can facilitate undue influence over policy-making, favoring corporate interests and potentially contributing to authoritarian shifts. Under an anti-fascist lens, this extensive political financing is problematic and contributes negatively to democratic processes.

    Political Engagement Report Archive

  • Lobbying Disclosure: Verizon Lobbying Activity in Q4 2024 Logo
    OCT
    01
    2024

    Verizon recorded $140,000 in lobbying expenditures during Q4 2024, including providing strategic counsel on telecommunication issues and 5G deployment. This activity raises concerns about the company's role in corporate political influence and its potential complicity in supporting authoritarian agendas.

  • -30

    Public and Political Behavior

    March 21

    Verizon's disclosure of $140,000 in lobbying expenditures in Q4 2024 demonstrates its active involvement in influencing political processes, particularly in telecommunications policy and 5G deployment. This involvement is concerning from an anti-fascist perspective because lobbying can be used to sway regulations in favor of powerful corporate interests, indirectly supporting authoritarian policies.

    Lobbying Update: $140,000 of VERIZON COMMUNICATIONS INC lobbying was just disclosed

  • Shareholders Reject Proposal to End Political Spending Logo
    MAY
    09
    2024

    Verizon investors voted against a proposal by Trillium Asset Management calling for a third‐party review of the company’s political donations and their potential impact, effectively maintaining the status quo in corporate political spending.

  • -40

    Political Contributions and Lobbying Efforts

    March 31

    By rejecting the proposal aimed at ending or scrutinizing its political spending, Verizon continues to engage in broad political contributions without greater transparency. This decision can be seen as supporting corporate influence in political arenas, which from an anti-fascist perspective risks enabling undue, potentially authoritarian influence.

    Verizon Shareholders Reject Call to End All Political Spending

  • Verizon Aggressively Lobbies Against Lower Broadband Prices Logo
    APR
    24
    2024

    Verizon has been aggressively lobbying against regulatory efforts to lower broadband prices for low-income communities, a move that undermines public initiatives to expand affordable internet access.

  • -50

    Political Contributions and Lobbying Efforts

    March 21

    Verizon's aggressive lobbying against lower broadband prices, as reported by Marketplace, demonstrates a prioritization of corporate profits over the public good. By resisting measures intended to make internet access more affordable for low-income communities, the company is undermining efforts to close the digital divide and challenging democratic accountability.

    Internet providers like AT&T and Verizon lobby against lower broadband prices

  • Verizon's Discount Reduction and Its Consumer Impact Logo
    MAR
    25
    2024

    A report highlighting that Verizon halved its discounts last year, a move that has raised concerns regarding consumer affordability, market fairness, and broader corporate practices that can support authoritarian economic dynamics.

  • Verizon Faces Shareholder Vote on Political Spending Incongruence Report Logo
    MAR
    20
    2024

    A shareholder proposal by As You Sow calls on Verizon’s board to report on how its political contributions align — or fail to align — with its publicly stated values, raising concerns over potential support for political practices that could foster authoritarian agendas.

  • Shareholder Resolution Demands Transparency on Political Spending Logo
    NOV
    20
    2023

    A shareholder resolution highlighted by As You Sow on November 20, 2023, calls on Verizon Communications to provide an annual report analyzing the alignment between its political expenditures and its stated corporate values. The resolution raises concerns about the company’s consistent placement in the top 1% of political donors without clear disclosure on how those expenditures support its strategic and operational needs, potentially risking support for polarizing political actions.

  • -40

    Political Contributions and Lobbying Efforts

    March 31

    The article points out that Verizon Communications, despite having a public policy on political spending, fails to disclose critical information on how its expenditures align with its corporate strategy and values. This lack of transparency undermines accountability and may indirectly support political actions that are at odds with worker rights and community values. The failure to report on potential misalignments can be problematic from an anti-fascist perspective where corporate spending should not enable polarizing, authoritarian-friendly political influences.

    Verizon Communications Inc: Political Expenditures Misalignment with Company Strategy — As You Sow

  • Verizon’s Aggressive Union-Busting Faced by Worker Triumph Logo
    SEP
    30
    2023

    Verizon Wireless retail workers in the Seattle area, despite facing aggressive union-busting tactics and retaliatory firings, successfully ratified their first union contract under the Communications Workers of America. This event highlights Verizon's long-standing issues with labor relations and the adverse conditions faced by its workers.

  • -80

    Labor Relations and Human Rights Practices

    March 21

    Verizon Communications Inc. has a documented history of aggressive anti-union tactics, including union-busting efforts and retaliatory firings, as evidenced by the recent union contract ratification by Seattle-area retail workers. These actions undermine workers' rights and signal a disregard for ethical labor practices, contributing to a negative impact on labor relations and human rights.

    Seattle Area Verizon Wireless Retail Workers Ratify First Union Contract, Drive Organizing Momentum at Telecom Giant

  • Verizon's Political Contributions Tracker Logo
    JAN
    01
    2023

    An article from American Democracy Scorecard examines Verizon’s political contributions and analyzes whether their political spending aligns with pro-democracy values. This scrutiny raises concerns about the potential indirect support for political figures who may lean towards authoritarian practices.

  • -40

    Political Contributions and Lobbying Efforts

    March 21

    The American Democracy Scorecard article highlights Verizon's political contributions, drawing attention to how its financial support may align with political actors whose ideologies undermine democratic values. This negative rating reflects concerns that such contributions could be complicit in reinforcing authoritarian tendencies.

    Verizon's Political Contributions Tracker

  • Federal Lobbying Spending Report Logo
    DEC
    31
    2022

    A report reveals that Verizon Communications spent $166,939,249 on federal lobbying between 2010 and 2022, raising concerns over extensive corporate influence on policymaking that could undermine democratic accountability.

  • -70

    Political Contributions and Lobbying Efforts

    March 31

    Verizon's extensive lobbying expenditure, totaling over $166 million over a 12-year span, demonstrates significant corporate efforts to influence federal policy. Such high levels of political spending can create disproportionate influence on legislative processes, potentially supporting authoritarian tendencies by prioritizing corporate interests over public welfare.

    Lobbying activities report at VERIZON COMMUNICATIONS INC.

  • ULP Charge: Verizon Union-Busting Tactics Logo
    AUG
    03
    2022

    CWA has filed an Unfair Labor Practice charge against Verizon Wireless, alleging that the company forced workers to attend mandatory captive audience meetings as part of a broader union-busting strategy, undermining labor rights and fair working conditions.

  • -80

    Labor Relations and Human Rights Practices

    March 21

    The article reports that Verizon Wireless engaged in union-busting tactics by forcing workers to attend mandatory captive audience meetings intended to intimidate and dissuade unionization. This behavior represents a clear disregard for labor rights and fair working conditions, contributing to authoritarian control within the corporate environment. Such practices are severely detrimental from an anti-fascist and pro-worker perspective.

    CWA Files Unfair Labor Practice Charge Against Verizon Wireless Over Union-Busting Tactics at Portland Retail Store

  • Verizon Updates Human Rights Statement Logo
    AUG
    01
    2022

    Verizon Communications released an updated Human Rights Statement in August 2022, reaffirming its commitment to internationally recognized human rights, including respect for the rights of vulnerable and marginalized groups, and establishing oversight through its Corporate Governance and Policy Committee.

  • +80

    Labor Relations and Human Rights Practices

    March 31

    The updated statement outlines Verizon's commitment to human rights, including adherence to the Universal Declaration of Human Rights and the ILO Declaration, and highlights significant measures such as oversight by the Corporate Governance and Policy Committee and ongoing employee training. This demonstrates a proactive stance in protecting labor rights and ensuring ethical business practices, aligning with anti-authoritarian principles.

    Verizon Human Rights Statement

  • Verizon Union-Busting and Worker Organizing Fight Logo
    MAR
    25
    2022

    Verizon Wireless workers in Seattle face aggressive union-busting tactics as they fight for union representation, underscoring the company's poor labor relations and disregard for workers' rights.

  • -70

    Labor Relations and Human Rights Practices

    March 21

    The article details Verizon's aggressive anti-union practices including retaliation, intimidation, poor working conditions and union-busting tactics. Such behavior reflects a serious disregard for labor rights and ethical business practices, significantly contributing to corporate complicity in undermining worker rights at a time when strong labor representation is crucial.

    Verizon Wireless Workers in Seattle Fight for Union in NLRB Election

  • Verizon Supplier Code of Conduct Published Logo
    APR
    01
    2021

    Verizon published its Supplier Code of Conduct outlining strict standards for ethical supplier practices, labor rights, and supply chain integrity, including bans on forced labor, child labor, and obligations to uphold environmental and non-discriminatory practices.

  • +90

    Labor Relations and Human Rights Practices

    March 31

    The Supplier Code of Conduct explicitly prohibits forced labor, child labor, and requires respect for labor rights and safe working conditions, demonstrating a strong commitment to human rights and worker protections.

    Supplier Code of Conduct

  • +90

    Supply Chain Ethics

    March 31

    The code emphasizes robust supply chain ethics, mandating compliance with environmental, safety, and anti-discrimination standards. This encourages responsible sourcing and integrity in supplier practices.

    Supplier Code of Conduct

  • Workers File Complaint Against Verizon for Alleged Racial Discrimination Logo
    SEP
    06
    2019

    Multiple Verizon workers have filed federal Equal Employment Opportunity Commission complaints alleging racial discrimination and a hostile work environment, indicating potential systemic issues in labor relations and human rights practices at Verizon.

  • -60

    Labor Relations and Human Rights Practices

    March 21

    The article details allegations from Verizon workers who claim they have faced racial discrimination and retaliation, pointing to a problematic workplace culture. Such labor rights violations undermine ethical responsibility and indicate complicity in systemic oppression. This rating reflects significant concerns in the area of labor relations and human rights practices, contributing negatively to Verizon's overall score from an anti-fascist perspective.

    USA: Workers file complaint against Verizon for alleged racial discrimination

  • Verizon's Anti-Union Tactics Exposed Logo
    JAN
    16
    2019

    Internal documents reveal Verizon's systematic campaign against unionization, using anti-union rhetoric and misinformation to undermine workers' rights.

  • -80

    Labor Relations and Human Rights Practices

    March 21

    The documents detail Verizon's deliberate efforts to discourage union formation and activity through anti-union training, disparaging language about unions, and tactics intended to isolate and intimidate union advocates. Such practices directly undermine labor rights and contribute to an authoritarian corporate environment.

    'It's union busting 101': documents reveal Verizon's attacks on organized labor

  • Verizon's Censorship and Regulatory Challenge Logo
    OCT
    27
    2015

    The article highlights Verizon's stance on internet censorship, wherein the company argues that as an ISP it possesses 'editorial discretion' under the First Amendment. This approach has been used to justify blocking or throttling online content and is accompanied by legal challenges against FCC net neutrality rules—practices that align with authoritarian control measures.

  • -70

    Provision of Repressive Technologies

    March 21

    Verizon’s argument for being a First Amendment speaker to select which communications to transmit effectively supports a system where technological frameworks can be used to censor and repress free speech. This type of behavior contributes to an environment favoring authoritarian control over digital communication.

    Verizon's Twisted Plan to Censor Your Internet

  • -50

    Regulatory Capture

    March 21

    By challenging FCC net neutrality regulations through lawsuits and legal maneuvers, Verizon is engaging in practices that undermine regulatory oversight and capture, effectively prioritizing corporate interests over public welfare. This form of regulatory capture supports an authoritarian regulatory environment.

    Verizon's Twisted Plan to Censor Your Internet

  • Verizon's Censorship and Lobbying Efforts Signal Authoritarian Media Control Logo
    OCT
    29
    2014

    The article details Verizon’s plan to push a controlled PR effort through its tech-news site SugarString, which bans coverage on topics like Net Neutrality and surveillance, and highlights its broader campaign of lobbying and legal maneuvers that align with authoritarian practices, including collaboration with government surveillance programs.

  • -70

    Political Contributions and Lobbying Efforts

    March 21

    Verizon's active legal briefs and behind-the-scenes lobbying efforts aimed at overturning net neutrality regulations, along with statements asserting its right to control online content, represent a clear political maneuvering that undermines democratic protocols and facilitates centralized control over public discourse.

    Verizon's Latest Censorship Plan Follows a Familiar Pattern

  • -80

    Media Influence and Propaganda

    March 21

    The strategy to disseminate controlled content via SugarString, which explicitly bans coverage of critical issues like net neutrality and government surveillance, underscores a deliberate manipulation of media narratives. This tactic aligns with authoritarian practices that favor controlled information flow and the marginalization of dissenting voices.

    Verizon's Latest Censorship Plan Follows a Familiar Pattern

  • -60

    Provision of Repressive Technologies

    March 21

    Verizon’s involvement in practices such as blocking text messages, restricting tethering apps, and sharing user data with government agencies illustrates the use of repressive technologies that curtail free communication and aid in surveillance, further entrenching authoritarian control.

    Verizon's Latest Censorship Plan Follows a Familiar Pattern

  • Verizon-Backed Censorship Raises Concerns Over Corporate Complicity Logo
    OCT
    29
    2014

    A Verizon-sponsored news site has been accused of censoring stories related to US spying and net neutrality, highlighting Verizon's criticized cooperation with government intelligence activities and its broader implications for free speech and democratic discourse.

  • -40

    Executive Political Engagement

    March 21

    Verizon has been implicated in aligning its executive stance with government intelligence activities as evidenced by its backing of a news site that censors critical stories. This has raised questions about its executive political engagement and its implicit support for policies that may undermine democratic accountability.

    Verizon-Backed Site Bans Stories on US Spying, Net Neutrality

  • -60

    Media Influence and Propaganda

    March 21

    The censorship of critical news content on a Verizon-sponsored platform reflects a deliberate effort to shape media narratives. This suppression of information aligns with practices that can bolster authoritarian regimes by controlling public discourse, thereby contributing negatively to the technology and services impact category.

    Verizon-Backed Site Bans Stories on US Spying, Net Neutrality

Corporate Financials

Revenue
2025
$146.00B
Total Assets
2025
$255.00B
Operating Income
2025
$38.60B
Total Equity
2025
$75.00B

Employees: 135,000

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517211
Broadband Internet Service Providers (ISPs)