NNN tenant profile for Verizon

Verizon

Verizon Communications, Inc. (NYSE: VZ), is one of the largest mobile network operators in the United States. The network has approximately 109 million subscribers. It currently operates thousands of stores all across the U.S. and employs about 177,000 full time team members. Verizon operates through Wireless and Wireline segments. The Wireless segment provides communications products and services including wireless voice and data services and equipment sales. The Wireline segment provides communications products and services including local exchange and long distance voice service, broadband video and data, network access and other services. Verizon boasts and investment grade rating of BBB+ and a long term rating of Baa1 from Moody’s. The company was founded in 1983 and in currently headquartered in New York, New York.

Industry
General / Other
Lease Structure
NN
S&P Bond Rating
BBB+
Moody's Bond Rating
Baa1
Stock Symbol
NYSE: VZ
Holding Company

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