Verizon Communications Inc.'s Stock Analysis

Verizon Forms Joint Venture with BT Group for Connectivity Services

Verizon Communications has entered into a transaction agreement with BT Group plc and Jasper NewCo Limited to create a joint venture focused on international wireline connectivity and managed network services. Under the agreement, Verizon will contribute certain subsidiaries and make a cash payment of $625 million to NewCo in exchange for a 50% equity stake. The transaction is subject to regulatory approvals and closing conditions.

In the second quarter of 2026, Verizon expects to classify the net assets of the contributed business as held for sale, anticipating a loss between $700 million and $800 million. Despite this loss, the transaction is projected to positively impact Verizon Business Group's EBITDA during the same quarter as the assets transition to corporate holdings.

Jun 29, 2026 06:24:49

Verizon Announces Results of Debt Exchange Offers and Solicitations

Verizon Communications Inc. has announced the expiration and final results of its private exchange offers and consent solicitations for 11 series of notes, which concluded on June 16, 2026. The company accepted all validly tendered Old Notes and related consents, having received the requisite consents needed for proposed amendments to the indentures governing these notes. The new notes to be issued will have the same economic terms as the Old Notes, including maturity dates and interest rates, and are set to be issued on June 22, 2026.

Additionally, Verizon conducted separate cash tender offers for 20 series of outstanding notes. The completion of the exchange offers and cash tender offers were not contingent upon one another. The new notes will not be registered under the Securities Act and will only be available to qualified institutional buyers and non-U.S. persons. Global Bondholder Services Corporation acted as the Exchange Agent for these transactions, and inquiries regarding the offers can be directed to them.

Jun 17, 2026 08:07:15

Verizon Extends Participation Date for Debt Exchange Offers

Verizon Communications has extended the early participation date for its exchange offers and consent solicitations for certain series of debt securities to June 16, 2026. This extension allows eligible holders to exchange their existing notes for newly issued notes, including an early participation payment for those who tender their old notes by the new deadline. The exchange offers are set to expire at the same time as the extended early participation date.

As of June 1, 2026, Verizon reported early participation results for the exchange offers and consent solicitations, with certain amounts of old notes tendered. The exchange offers are separate from cash tender offers also announced by Verizon for additional series of notes. Eligible holders must meet specific criteria to participate, and the newly issued notes will not be registered under the Securities Act, limiting their sale in the United States without appropriate exemptions.

Jun 02, 2026 08:15:58

Verizon Shareholders Approve Long-Term Incentive Plan in 2026

At the Annual Meeting of Shareholders on May 21, 2026, Verizon Communications shareholders approved the 2026 Long-Term Incentive Plan, which took effect immediately upon approval. Details of the Plan can be found in the Definitive Proxy Statement filed with the Securities and Exchange Commission on April 6, 2026.

During the same meeting, 3,456,536,338 shares of common stock were represented, accounting for 82.67% of the shares outstanding as of the record date of March 23, 2026. A shareholder proposal concerning non-fiduciary executive compensation metrics was withdrawn and not presented for a vote.

May 28, 2026 16:10:34

Verizon Issues $4 Billion in Junior Subordinated Notes

Verizon Communications Inc. has completed the sale of $4 billion in aggregate principal amount of Junior Subordinated Notes. This includes $2 billion of 6.050% Fixed-to-Fixed Rate notes due in 2058 and $2 billion of 6.200% Fixed-to-Fixed Rate notes due in 2056. The offering was arranged through a purchase agreement with several financial institutions, indicating significant market interest in Verizon's debt instruments.

The notes were issued under an effective shelf registration statement that became active on August 29, 2025. This filing serves to incorporate the forms of the notes into the registration statement, ensuring compliance with regulatory requirements. The successful issuance of these notes may impact Verizon's financial leverage and overall capital structure.

May 14, 2026 16:21:48

Verizon Announces Debt Exchange Offers and Consent Solicitations

Verizon Communications Inc. has initiated exchange offers for 11 series of outstanding debt securities, allowing certain investors to exchange their old notes for newly issued notes. Alongside these offers, the company is also soliciting consents to amend the indentures governing the old notes, aiming to remove certain restrictive covenants. Eligible holders must tender their old notes to participate in the exchange and consent process, with specific deadlines set for early participation and expiration.

Additionally, Verizon is conducting separate cash tender offers for 20 series of outstanding notes, which are distinct from the exchange offers. The completion of these offers is not contingent upon each other, and holders can only tender their notes in one offer at a time. The new notes will maintain the same economic terms as the old notes and will not be registered under the Securities Act, limiting their sale within the U.S. to qualified institutional buyers and non-U.S. persons.

May 11, 2026 08:52:08

Verizon Reports Increased Earnings and Adjusted EPS Guidance for 2026

Verizon Communications reported its first-quarter 2026 results, showcasing a 2.9% increase in total operating revenue to $34.4 billion and a 3.3% rise in consolidated net income to $5.1 billion. The company achieved its highest quarterly Adjusted EBITDA in history at $13.4 billion, marking a 6.7% year-over-year growth. The diluted EPS increased to $1.20, reflecting a 4.3% growth, while Adjusted EPS grew to $1.28, a 7.6% increase, the highest quarterly growth since 2021. Additionally, Verizon reported a positive net addition of 55,000 postpaid phone subscribers, the first positive first-quarter result since 2013, and raised its 2026 Adjusted EPS guidance to a growth range of 5.0% to 6.0%.

The company’s financial metrics indicate a robust cash flow from operations of $8.0 billion, up 2.6% year-over-year, and free cash flow of $3.8 billion, a 4.0% increase. Verizon's total unsecured debt rose to $142.5 billion, with net unsecured debt at $130.1 billion. The company has also made significant progress in debt repayment, having paid down approximately half of the debt from its acquisition of Frontier Communications. Looking ahead, Verizon expects total retail postpaid phone net additions to reach the upper half of its 750,000 to 1 million range, and anticipates free cash flow of $21.5 billion or more for the full year, marking a notable increase from 2025.

Apr 27, 2026 07:00:42

Verizon Updates Revenue Reporting and Operating Metrics for 2026

Verizon Communications Inc. has revised its revenue reporting structure for its Consumer and Business segments, effective from the first quarter of 2026. The company will now present revenue disaggregated by products and services, specifically mobility and broadband service revenue, wireless equipment revenue, and other revenue. Additionally, Verizon will disclose operating metrics only on a consolidated basis going forward. Historical financial and operational information reflecting these changes has been provided for investor convenience.

The revenue categories include mobility communication services, fixed wireless access broadband, Fios internet, and legacy wireline products. Other revenue encompasses fees for regulatory compliance and leasing, among other items. The updates to the reporting structure aim to provide clearer insights into the company's financial performance and operational statistics, which may impact investor assessments and stock valuation.

Mar 13, 2026 16:10:51

Verizon Issues €2.25 Billion and £600 Million in Notes

Verizon Communications Inc. has completed the sale of €2,250,000,000 in Junior Subordinated Notes with a fixed rate of 4.2462%, maturing in 2056. This issuance was made under a purchase agreement with multiple financial institutions and was registered under an effective shelf registration statement with the SEC.

Additionally, Verizon has also sold £600,000,000 in Junior Subordinated Notes, which carry a fixed rate of 5.7427% and also mature in 2056. Both offerings are part of the same registration statement and aim to raise capital for the company.

Feb 23, 2026 17:19:01

Verizon Director Clarence Otis, Jr. Will Not Seek Re-Election

Clarence Otis, Jr., a member of Verizon's Board of Directors, has announced that he will not seek re-election when his term concludes at the company's 2026 annual meeting of shareholders. This decision may impact the board's composition and governance structure moving forward.

The announcement comes ahead of the upcoming annual meeting, which could influence investor sentiment regarding Verizon's leadership and strategic direction. Changes in the board may affect company policies and initiatives that are relevant to shareholders.

Feb 09, 2026 08:00:46