Verizon Communications is a telecommunication company focusing on wireless networks, broadband services, and information and entertainment provisions. Founded in 1983 and headquartered in New York, United States, the company operates 4G LTE and 3G networks while catering to mass market, business, government, and wholesale customers. Verizon's major brands include Verizon Wireless, which runs America's largest wireless network serving nearly 102 million customers nationwide, and its wireline operations are comprised of Verizon Business and Verizon Telecom.
Led by CEO Hans Erik Vestberg, Verizon Communications has an employee base of 132,200 and an annual revenue of $136.8 billion. The average employee at Verizon Communications earns a yearly salary of $58,561. The company is known for its diverse demographic backgrounds with 42.8% females and 41.1% ethnic minorities among its employees. While political diversity may be lacking, with 73% of employees being members of the Democratic Party, the company enjoys a high employee retention rate with staff members typically staying for 9.2 years.