Latest News About Verizon Business unveils 5-year 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 integrate more veteran- and minority-owned firms through the Small Business Supplier Accelerator, intended to broaden 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 maintaining optimism for service revenue growth and EBITDA improvements driven by prepaid segment gains and targeted offers.

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