VZ · 8-K · 20260724PR000040
Acquisition / Partnership / Divestiture
VERIZON COMMUNICATIONS INC · 2026-07-24 · Importance 96 · Surprise 100 · In source text
Verizon paid $9.480 billion net of cash acquired for business acquisitions during the first half of 2026, compared with no acquisition cash payments in the first half of 2025. The company also spent $1.155 billion on wireless licenses in the first half, up from $234 million. Verizon classified the net assets of its international wireline connectivity and managed network services business as held for sale during the second quarter. The held-for-sale classification generated a $746 million pretax loss on disposition and moved the business from the Business segment to Corporate and other.
Key facts
- Verizon paid $9,480 million cash related to acquisitions of businesses, net of cash acquired, in the six months ended June 30, 2026. source
- Verizon acquired wireless licenses for $1,155 million in the six months ended June 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | — | Verizon paid $9,480 million cash related to acquisitions of businesses, net of cash acquired, in the six months ended June 30, 2026. |
| cash | negative | realized | — | Verizon acquired wireless licenses for $1,155 million in the six months ended June 30, 2026. |
| assets | positive | realized | — | Verizon acquired wireless licenses for $1,155 million in the six months ended June 30, 2026. |