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 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, intended to broaden Verizon's supplier network and bolster economic inclusion across corporate procurement. In parallel, Verizon posted mixed quarter results, with some consumer postpaid phone net adds missing, but remaining optimistic about service revenue growth and EBITDA improvements driven by prepaid gains and targeted offers.

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