U.S. COMPANY FILING
VERIZON COMMUNICATIONS INC — Form 10-K filed 2026-02-17
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Verizon's 2025 results showed modest revenue growth, higher adjusted EBITDA, and increased free cash flow. The company completed the Frontier acquisition, expanding fiber broadband. It announced plans to return about $55 billion to shareholders through 2028, including a $25 billion buyback and dividend increase. Total debt rose to $158.2 billion. Risks include competition, lead cable litigation, and high debt.
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