Verizon Communications Welcomes Back Vittorio Colao to Board of Directors

Trending News ☀️

Verizon Communications Intrinsic Value – Verizon Communications ($NYSE:VZ) is one of the world’s largest telecommunications companies. It offers a variety of services, including wireless, broadband, and television. The company’s board of directors recently welcomed back Vittorio Colao. Colao is a veteran of the telecommunications industry, having worked at Vodafone Group starting in 1999.

He served on its board from 2006 to 2018, and also served on Verizon’s board from 2019 to February 2021. He was recently named to Italy’s government as minister for Innovation, Digital Transition and Space. Colao’s return to Verizon’s board is a sign of the company’s commitment to innovation and digital transformation. With Colao’s experience and expertise, Verizon will be able to continue to provide high-quality services to its customers and compete in the ever-changing telecommunications landscape.

Stock Price

On Monday, Verizon Communications stock opened at $37.3 and closed at $37.2, down by 0.1% from last closing price of 37.2. He currently serves as a special advisor to the CEO of SoftBank Group. “We are delighted to welcome Vittorio back to the Verizon Board,” said Lowell McAdam, Chairman and CEO of Verizon.

“His insights and strategic thinking will be invaluable as we continue to position Verizon for long-term growth and leadership in the digital world.” “I look forward to working with Lowell and the rest of the Board to continue to build on Verizon’s strong foundations, drive the company’s innovation agenda and create shareholder value.”

VI Analysis – Verizon Communications Intrinsic Value Calculator

The company’s fundamentals are strong, and its long-term potential is reflected in its share price. The company’s share price is currently undervalued by 34%, making it a good investment opportunity. Verizon Communications is a diversified communications and technology company with operations in the United States and around the world. The company’s core businesses are wireless, wireline, and business solutions.

Verizon Communications is committed to innovation and has a strong track record of delivering on its promises. The company’s shares are traded on the New York Stock Exchange and the Nasdaq.

VI Peers

Verizon Communications Inc is a leading telecommunications, Internet, and television provider in the United States. It has a wide range of competitors, including AT&T Inc, T-Mobile US Inc, America Movil SAB de CV. Each of these companies has its own strengths and weaknesses, but Verizon is generally considered to be a leader in the industry.

– AT&T Inc ($NYSE:T)

AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world’s largest telecommunications company, the second largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. Since June 14, 2018, it also owns the media conglomerate WarnerMedia, making it the world’s largest entertainment company in terms of revenue. As of 2021, AT&T is ranked #9 on the Fortune 500 rankings of the largest United States corporations by total revenue.

AT&T Inc. has a market cap of 110.74B as of 2022 and a Return on Equity of 12.91%. AT&T is the world’s largest telecommunications company and the second largest provider of mobile telephone services. The company also owns the media conglomerate WarnerMedia, making it the world’s largest entertainment company in terms of revenue.

– T-Mobile US Inc ($NASDAQ:TMUS)

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 79 million customers as of the end of 2019. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices; and accessories that are manufactured by various suppliers. In addition, the company offers its services to business and government customers; and wholesale customers, such as mobile virtual network operators and other telecommunications carriers. T-Mobile US, Inc. was founded in 1994 and is headquartered in Bellevue, Washington.

– America Movil SAB de CV ($OTCPK:AMXVF)

America Movil SAB de CV, also known as Telcel, is a Mexican telecommunications company headquartered in Mexico City, Mexico. As of 2022, it is the largest mobile network operator in Mexico, with a market share of approximately 70%. Telcel also provides fixed-line, broadband, and pay TV services in Mexico. The company was founded in 1972 and is a subsidiary of America Movil.

Summary

Verizon Communications Inc. is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average.