Latest News About Verizon Business announces long-term plan to invest roughly five billion dollars to support US small business suppliers

Updated 2026-06-18 09:33

Verizon Business announced a multi-year program to invest approximately five billion dollars to support US small business suppliers, aiming to bring more veteran- and minority-owned firms into its supply chain through the Small Business Supplier Accelerator, seeking to expand Verizon's supplier network and bolster economic inclusion across corporate procurement. In parallel, Verizon reported mixed quarterly results, reporting misses in consumer postpaid net adds, while staying optimistic about service revenue growth and EBITDA improvements driven by gains from prepaid services and strategic offers.

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