Verizon (VZ) Oppenheimer's 27th Annual Technology, Internet & Communications Conference summary

Business unit structure and product offerings

• Organized by customer size: small business, global enterprise, public sector, and wholesale.

• Core offerings include mobility (fixed wireless, smartphones, tablets, laptops) and Fios for Business.

• Provides connectivity (fiber, private/public IP) and layered services above basic connectivity.

Integration and innovation in connectivity

• Aggressive integration of wireless and wireline has driven efficiencies and unique bundled offerings.

• SD-WAN is available across both wireline and fixed wireless, allowing flexible customer solutions.

• Launched Verizon Business Complete, bundling devices, connectivity, and management for a monthly fee.

• Mobile device management service offers predictable costs and full device lifecycle support.

Technology evolution and AI impact

• AI is seen as a transformative force, creating new opportunities in distributed workloads and data centers.

• Anticipates resurgence in private data centers and increased demand for metro middle-mile fiber, power, and cooling.

• Legacy wireline (MPLS) decline expected to continue for 1-2 years, then stabilize as new networking needs emerge.

• AI and GenAI expected to drive significant network traffic growth and more distributed compute.