Verizon(US:VZ)2025-01-24 14:03Financial Performance & Guidance - Verizon's Wireless Service Revenue for 4Q24 reached $20.0 billion, a 3.1% year-over-year increase, and $79.1 billion for the full year, also a 3.1% increase[6] - The company's Adjusted EBITDA for 4Q24 was $11.9 billion, a 2.1% year-over-year increase, and $48.8 billion for the full year, also a 2.1% increase[6] - Free Cash Flow for 4Q24 was $5.4 billion, and $19.8 billion for the full year[6] - Verizon anticipates Total Wireless Service Revenue growth of 2.0% - 2.8% in 2025[8] - The company projects Adjusted EBITDA growth of 2.0% - 3.5% and Adjusted EPS growth of flat to 3.0% in 2025[8] - Capital Expenditures for 2025 are expected to be between $17.5 billion and $18.5 billion, with Free Cash Flow also projected in the range of $17.5 billion to $18.5 billion[8] - Reclassified 2024 annual revenues were more than $2.9B[9] Strategic Initiatives & AI - Verizon is focusing on growing Wireless Service Revenue, expanding Adjusted EBITDA, and generating strong Free Cash Flow in 2025[10] - The company aims to accelerate mobility momentum and broadband growth, and scale private networks[11] - Verizon estimates a total addressable market of over $40 billion by 2030 for telco AI delivery[22] - Verizon AI Connect has a short-term business funnel of approximately $1 billion leveraging existing infrastructure[28]