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 UNITED STATES :
Comcast Corporation
(2020
sales of $103.56 billion
of which 58%
was Cable Communications),
Nippon Telegraph and Telephone Corporation
($109.83 billion
of which 39%
was Mobile Services), and
AT&T Inc.
($171.76 billion
of which 81%
was Communications).
Sales Analysis.
Verizon Communications reported sales of $128.29 billion
for the
year ending
December of 2020.
This
represents
a
decrease of 2.7%
versus 2019, when the company's sales were $131.87 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Verizon Communications had sales
of $131.62 billion.
Contributing to the drop in overall sales was the 4.9% decline
in Corporate and Other., from $9.81 billion to $9.33 billion.
There were also decreases in sales in
Consumer (down 2.8% to $88.53 billion)
and
Business (down 1.5% to $30.96 billion)
.