Latest News About Verizon Business unveils long-term plan to invest roughly $5B to support US small business suppliers

Updated 2026-06-18 09:33

Verizon Business unveiled a five-year initiative to invest roughly $5B 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, including missing some consumer postpaid phone net adds, while staying optimistic about service revenue growth and EBITDA improvements driven by prepaid segment gains and promotional offers.

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