Verizon Communications operates in the Telephone communications, exc. radio sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Verizon Communications with three other
companies in this sector in the United States:
Comcast Corporation
(2018
sales of $94.51 billion
of which 58%
was Cable Communications),
AT&T Inc.
($170.76 billion
of which 85%
was Communications), and
China Mobile Limited
($111.28 billion
of which 100%
was Mobile Telecommunicat).
Sales Analysis.
Verizon Communications reported sales of $130.86 billion
for the
year ending
December of 2018.
This
represents
an
increase of 3.8%
versus 2017, when the company's sales were $126.03 billion.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Verizon Communications had sales
of $120.55 billion.
Sales of Corporate and Other. saw an increase
that was more than double the company's growth rate: sales were up
39.5% in 2018, from
$7.84 billion to $10.94 billion.
Not all segments of Verizon Communications experienced an increase in sales in 2018:
sales of Wireline fell 3.0% to $29.76 billion.