Telecom09/24/2026@TechDesk
Verizon Reports Q3 2025 Results, Schulman's First as CEO
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 10/29/2025 10:30AMCONFIRMED 91% CONFIDENCE330 days agoThe release is dated October 29, 2025 and was published at 10:30 UTC (6:30 a.m. EDT); the 8-K exhibit was accepted at 10:31 UTC before the 8:30 a.m. ET call.^[1]
Verizon's third-quarter 2025 results, the first under new CEO Dan Schulman, showed adjusted EPS of $1.21 but a loss of 7,000 consumer postpaid phones, as Schulman promised to aggressively transform the company's culture and costs.
0.78
Telecom09/24/2026@TechDesk
Verizon Consumer CEO Sampath Steps Down
1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United StatesVerizon…
Starts 02/05/2026 4:00PMCONFIRMED 87% CONFIDENCE231 days agoSchulman's memo "Executive Leadership Transition" was published Feb 05, 2026 at 16:00 UTC; the 8-K says Sampath ceased to serve on February 4, 2026.^[1]
Sowmyanarayan Sampath stepped down as CEO of Verizon Consumer Group, with Chief Transformation Officer Alfonso Villanueva, a former PayPal colleague of Dan Schulman's, taking over on an interim basis.
0.74
Labour09/24/2026@EconDesk
Verizon Cuts More Than 13,000 Jobs in Its Largest Layoff
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 11/20/2025CONFIRMED 84% CONFIDENCE308 days agoThe 8-K says "On November 20, 2025, Verizon ... announced" the workforce reduction, the same day Schulman's note to employees was reported.^[1]
CEO Dan Schulman told staff Verizon would cut more than 13,000 jobs, its largest single layoff, and franchise 179 company-owned stores, taking a $1.6 to $1.8 billion severance charge.
$1.7B
0.66
Labour09/24/2026@EconDesk
Verizon Sells 274 Stores and Cuts 500 Corporate Jobs
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 07/16/2026CONFIRMED 84% CONFIDENCE70 days agoReuters, datelined July 16: "Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs".^[1]
Verizon said it will hand 274 company-owned stores to franchise operators and cut about 500 corporate jobs, moves affecting about 3,000 employees, effective 16 August 2026.
0.59
Telecom09/24/2026@TechDesk
Verizon Reports Q2 2026 Results and Raises Guidance Again
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 07/24/2026 11:00AMCONFIRMED 92% CONFIDENCE62 days agoThe release is dated July 24, 2026 and was published at 11:00 UTC (7:00 a.m. EDT); the 8-K exhibit was accepted at 11:00:31 UTC.^[1]
Verizon added 184,000 postpaid phones and posted a record 40.1 percent adjusted EBITDA margin in the second quarter of 2026, raising full-year guidance for a second time and lifting its buyback target to $4.5 billion.
0.58
Labour09/24/2026@EconDesk
Nestlé to Cut About 16,000 Jobs Over Two Years
NestléNestlé, 55, Avenue Nestlé, Vevey, Riviera-Pays-d'Enhaut District, Vaud, 1800, Switzerland
Starts 10/16/2025 5:00AMCONFIRMED 88% CONFIDENCE343 days agoStated as firm: Nestlé's nine-month sales release (Vevey, 16 October 2025) announces a "planned global headcount reduction of c. 16,000 over next two years"; GlobeNewswire's^[2] copy is stamped "October 16, 2025 01:00 ET" (05:00 UTC, 07:00 in Vevey).
New CEO Philipp Navratil set out a global headcount reduction of about 16,000 - some 12,000 white-collar roles and 4,000 in manufacturing and supply chain - and raised Nestlé's Fuel for Growth savings target to CHF 3.0 billion by the end of 2027. The shares jumped more than 8%.
0.57
Telecom09/24/2026@TechDesk
Verizon Completes Acquisition of Starry
38 Chauncy Street, Downtown Crossing, Boston, MA 02111, United StatesVerizon…
Starts 01/30/2026CONFIRMED 85% CONFIDENCE237 days agoVerizon's^[4] 2025 Form 10-K: "On January 30, 2026, we completed the acquisition of Starry Group Holdings, Inc. (Starry), a fixed wireless broadband provider serving multi-dwelling units in five markets across the U.S."
Verizon closed its purchase of Starry, a fixed wireless provider serving about 100,000 apartment-building customers in Boston, New York, Los Angeles, Denver and Washington with millimeter-wave technology.
0.57
Telecom09/24/2026@TechDesk
Verizon Reports Q4 and Full-Year 2025 Results
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 01/30/2026 11:30AMCONFIRMED 91% CONFIDENCE237 days agoThe release is dated January 30, 2026 and was published at 11:30 UTC (6:30 a.m. EST); the 8-K exhibit was accepted at 11:30:56 UTC.^[1]
Verizon added 616,000 postpaid phones in the fourth quarter of 2025, its best quarter since 2019, met its 2025 guidance and set a 2026 outlook of adjusted EPS of $4.90 to $4.95.
0.57
Telecom09/24/2026@TechDesk
Verizon Closes $1 Billion UScellular Spectrum Purchase
U.S. Cellular Plaza 1, 8410 West Bryn Mawr Avenue, O'Hare, Chicago, IL 60631, United StatesVerizon…
Starts 06/01/2026CONFIRMED 88% CONFIDENCE115 days agoArray's 8-K: "On June 1, 2026, Array Digital Infrastructure, Inc. (f/k/a United States Cellular Corporation) ... completed the previously announced sale of select spectrum assets to Verizon Communications Inc."^[1]
Verizon completed its $1 billion cash purchase of cellular, AWS and PCS spectrum licenses from Array Digital Infrastructure, the former UScellular, covering about 8 percent of the US population.
$1B
0.57
Telecom09/24/2026@TechDesk
Verizon Wins $3.2 Billion of AWS-3 Spectrum in FCC Auction 113
Federal Communications Commission, 45 L Street Northeast, NoMa, Washington, DC 20554, United StatesVerizon…
Starts 06/26/2026CONFIRMED 91% CONFIDENCE90 days agoPublic notice DA 26-633, "Released: June 26, 2026", announces the Auction 113 winning bidders; it says bidding concluded on June 23, 2026.^[1]
Verizon, bidding as Cellco Partnership, won 82 of the 200 AWS-3 licenses in FCC Auction 113 for $3.16 billion, the bulk of the $3.57 billion the auction raised from seven winning bidders.
$3.2B
0.56
Telecom09/24/2026@TechDesk
Verizon Reports Q2 2025 Results and Raises Guidance
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 07/21/2025 10:58AMCONFIRMED 90% CONFIDENCE1.2 years agoThe release is dated July 21, 2025 and was published at 10:58 UTC (6:58 a.m. EDT), matching the 8-K exhibit accepted by the SEC^[2][3] at 10:58:11 UTC, ahead of the 8:30 a.m. ET call.
Verizon beat its own plan in the second quarter of 2025, with adjusted EPS of $1.22 and wireless service revenue of $20.9 billion, and raised its full-year guidance for adjusted EBITDA, adjusted EPS and free cash flow.
0.56
Telecom09/24/2026@TechDesk
Verizon Authorises $25 Billion Buyback and Raises Dividend
1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United StatesVerizon…
Starts 01/30/2026 1:00PMCONFIRMED 87% CONFIDENCE237 days agoThe 8-K says "on January 30, 2026, the Board of Directors of the Company authorized a share repurchase program for up to $25 billion", described on that morning's earnings call (8:00 AM ET).^[1]
Verizon's board authorised up to $25 billion of share repurchases and raised the quarterly dividend 2.5 percent to $0.7075, part of a plan to return about $55 billion to shareholders through 2028.
$25B
0.56

The release, published Oct 06, 2025 at 12:29 UTC, says Verizon^[1] "today announced" Schulman's appointment "effective immediately"; the 8-K dates the board's action to October 4, 2025.

Start: Oct 6, 202590% CONFIDENCEfrom the source

Dan Schulman Replaces Hans Vestberg as Verizon CEO

Verizon's board named former PayPal chief Dan Schulman, its lead independent director, as CEO in place of Hans Vestberg, and made Mark Bertolini chairman.

The board appointed Dan Schulman, lead independent director and former CEO of PayPal, as chief executive effective immediately^[1]
The board acted on 4 October 2025; Schulman, 67, had been a director since 2018 and lead independent director since December 2024^[3]
Mark Bertolini was elected Chairman; Hans Vestberg became Special Advisor through 4 October 2026, focused on the Frontier integration, and stays on the board until the 2026 annual meeting^[1][3]
Bertolini said the board and Vestberg agreed that with the Frontier deal closing "now is the right time for a CEO transition"; Verizon reiterated its 2025 guidance^[1]
Schulman called Verizon "at a critical juncture" and pledged to regain leadership in mobility and broadband^[1]
His letter agreement of 13 October runs to 31 December 2027 with a $1.5 million salary and a 250 percent target bonus^[2]

@TechDesk

References 390% CONFIDENCE

The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.

[1]90%
verizon.com/about/news/verizon-announces-ceo-transition
verizon.com· Posted Sep 24, 2026· Starts Oct 6, 2025 ✓· 66% of score
The release, published Oct 06, 2025 at 12:29 UTC, says Verizon "today announced" Schulman's appointment "effective immediately"; the 8-K dates the board's action to October 4, 2025.
[2]85%
Verizon 8-K/A: CEO compensation arrangements
sec.gov· Published Oct 14, 2025· 17% of score
Schulman's 13 October 2025 letter agreement: CEO through 31 December 2027, $1.5 million base salary, 250 percent target bonus.^[1]
[3]95%
Verizon 8-K: CEO appointment (Item 5.02)
sec.gov· Published Oct 6, 2025· 17% of score
On October 4, 2025 the board appointed Schulman CEO effective immediately and Vestberg stepped down as Chairman and CEO, becoming Special Advisor through October 4, 2026.^[1]

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1Dan Schulman Replaces Hans Vestberg as Verizon CEOstart was $41.44

Telecom09/24/2026@TechDesk
Verizon Reports Q3 2025 Results, Schulman's First as CEO
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 10/29/2025 10:30AMCONFIRMED 91% CONFIDENCE330 days agoThe release is dated October 29, 2025 and was published at 10:30 UTC (6:30 a.m. EDT); the 8-K exhibit was accepted at 10:31 UTC before the 8:30 a.m. ET call.^[1]
Verizon's third-quarter 2025 results, the first under new CEO Dan Schulman, showed adjusted EPS of $1.21 but a loss of 7,000 consumer postpaid phones, as Schulman promised to aggressively transform the company's culture and costs.
0.78
Telecom09/24/2026@TechDesk
Verizon Consumer CEO Sampath Steps Down
1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United StatesVerizon…
Starts 02/05/2026 4:00PMCONFIRMED 87% CONFIDENCE231 days agoSchulman's memo "Executive Leadership Transition" was published Feb 05, 2026 at 16:00 UTC; the 8-K says Sampath ceased to serve on February 4, 2026.^[1]
Sowmyanarayan Sampath stepped down as CEO of Verizon Consumer Group, with Chief Transformation Officer Alfonso Villanueva, a former PayPal colleague of Dan Schulman's, taking over on an interim basis.
0.74
Labour09/24/2026@EconDesk
Verizon Cuts More Than 13,000 Jobs in Its Largest Layoff
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 11/20/2025CONFIRMED 84% CONFIDENCE308 days agoThe 8-K says "On November 20, 2025, Verizon ... announced" the workforce reduction, the same day Schulman's note to employees was reported.^[1]
CEO Dan Schulman told staff Verizon would cut more than 13,000 jobs, its largest single layoff, and franchise 179 company-owned stores, taking a $1.6 to $1.8 billion severance charge.
$1.7B
0.66
Labour09/24/2026@EconDesk
Verizon Sells 274 Stores and Cuts 500 Corporate Jobs
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 07/16/2026CONFIRMED 84% CONFIDENCE70 days agoReuters, datelined July 16: "Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs".^[1]
Verizon said it will hand 274 company-owned stores to franchise operators and cut about 500 corporate jobs, moves affecting about 3,000 employees, effective 16 August 2026.
0.59
Telecom09/24/2026@TechDesk
Verizon Reports Q2 2026 Results and Raises Guidance Again
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 07/24/2026 11:00AMCONFIRMED 92% CONFIDENCE62 days agoThe release is dated July 24, 2026 and was published at 11:00 UTC (7:00 a.m. EDT); the 8-K exhibit was accepted at 11:00:31 UTC.^[1]
Verizon added 184,000 postpaid phones and posted a record 40.1 percent adjusted EBITDA margin in the second quarter of 2026, raising full-year guidance for a second time and lifting its buyback target to $4.5 billion.
0.58
Labour09/24/2026@EconDesk
Nestlé to Cut About 16,000 Jobs Over Two Years
NestléNestlé, 55, Avenue Nestlé, Vevey, Riviera-Pays-d'Enhaut District, Vaud, 1800, Switzerland
Starts 10/16/2025 5:00AMCONFIRMED 88% CONFIDENCE343 days agoStated as firm: Nestlé's nine-month sales release (Vevey, 16 October 2025) announces a "planned global headcount reduction of c. 16,000 over next two years"; GlobeNewswire's^[2] copy is stamped "October 16, 2025 01:00 ET" (05:00 UTC, 07:00 in Vevey).
New CEO Philipp Navratil set out a global headcount reduction of about 16,000 - some 12,000 white-collar roles and 4,000 in manufacturing and supply chain - and raised Nestlé's Fuel for Growth savings target to CHF 3.0 billion by the end of 2027. The shares jumped more than 8%.
0.57
Telecom09/24/2026@TechDesk
Verizon Completes Acquisition of Starry
38 Chauncy Street, Downtown Crossing, Boston, MA 02111, United StatesVerizon…
Starts 01/30/2026CONFIRMED 85% CONFIDENCE237 days agoVerizon's^[4] 2025 Form 10-K: "On January 30, 2026, we completed the acquisition of Starry Group Holdings, Inc. (Starry), a fixed wireless broadband provider serving multi-dwelling units in five markets across the U.S."
Verizon closed its purchase of Starry, a fixed wireless provider serving about 100,000 apartment-building customers in Boston, New York, Los Angeles, Denver and Washington with millimeter-wave technology.
0.57
Telecom09/24/2026@TechDesk
Verizon Reports Q4 and Full-Year 2025 Results
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 01/30/2026 11:30AMCONFIRMED 91% CONFIDENCE237 days agoThe release is dated January 30, 2026 and was published at 11:30 UTC (6:30 a.m. EST); the 8-K exhibit was accepted at 11:30:56 UTC.^[1]
Verizon added 616,000 postpaid phones in the fourth quarter of 2025, its best quarter since 2019, met its 2025 guidance and set a 2026 outlook of adjusted EPS of $4.90 to $4.95.
0.57
Telecom09/24/2026@TechDesk
Verizon Closes $1 Billion UScellular Spectrum Purchase
U.S. Cellular Plaza 1, 8410 West Bryn Mawr Avenue, O'Hare, Chicago, IL 60631, United StatesVerizon…
Starts 06/01/2026CONFIRMED 88% CONFIDENCE115 days agoArray's 8-K: "On June 1, 2026, Array Digital Infrastructure, Inc. (f/k/a United States Cellular Corporation) ... completed the previously announced sale of select spectrum assets to Verizon Communications Inc."^[1]
Verizon completed its $1 billion cash purchase of cellular, AWS and PCS spectrum licenses from Array Digital Infrastructure, the former UScellular, covering about 8 percent of the US population.
$1B
0.57
Telecom09/24/2026@TechDesk
Verizon Wins $3.2 Billion of AWS-3 Spectrum in FCC Auction 113
Federal Communications Commission, 45 L Street Northeast, NoMa, Washington, DC 20554, United StatesVerizon…
Starts 06/26/2026CONFIRMED 91% CONFIDENCE90 days agoPublic notice DA 26-633, "Released: June 26, 2026", announces the Auction 113 winning bidders; it says bidding concluded on June 23, 2026.^[1]
Verizon, bidding as Cellco Partnership, won 82 of the 200 AWS-3 licenses in FCC Auction 113 for $3.16 billion, the bulk of the $3.57 billion the auction raised from seven winning bidders.
$3.2B
0.56
Telecom09/24/2026@TechDesk
Verizon Reports Q2 2025 Results and Raises Guidance
Verizon…1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United States
Starts 07/21/2025 10:58AMCONFIRMED 90% CONFIDENCE1.2 years agoThe release is dated July 21, 2025 and was published at 10:58 UTC (6:58 a.m. EDT), matching the 8-K exhibit accepted by the SEC^[2][3] at 10:58:11 UTC, ahead of the 8:30 a.m. ET call.
Verizon beat its own plan in the second quarter of 2025, with adjusted EPS of $1.22 and wireless service revenue of $20.9 billion, and raised its full-year guidance for adjusted EBITDA, adjusted EPS and free cash flow.
0.56
Telecom09/24/2026@TechDesk
Verizon Authorises $25 Billion Buyback and Raises Dividend
1095 6th Avenue, Midtown, Manhattan, New York, NY 10036, United StatesVerizon…
Starts 01/30/2026 1:00PMCONFIRMED 87% CONFIDENCE237 days agoThe 8-K says "on January 30, 2026, the Board of Directors of the Company authorized a share repurchase program for up to $25 billion", described on that morning's earnings call (8:00 AM ET).^[1]
Verizon's board authorised up to $25 billion of share repurchases and raised the quarterly dividend 2.5 percent to $0.7075, part of a plan to return about $55 billion to shareholders through 2028.
$25B
0.56

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