Verizon
Sowmyanarayan Sampath (Sampath) is executive vice president and chief executive officer for Verizon Consumer Group, serving the largest consumer customer base in the United States with over 103.5B in total revenue (2022). Sampath is a globally recognized leader in the telecom industry with experience spanning consumer, enterprise, security and critical infrastructure. His distinct tenure at Verizon includes transformative work on Verizon’s consumer operating model and empowering its customer-facing organization.
Sampath previously served as CEO of Verizon Business, serving 99% of Fortune 500 companies, leading the digitization of businesses, governments and communities around the world as customers reimagine their employee, supply chain and end-to-end-customer experiences. With $31B+ in annual revenue, Verizon Business is the leader in new 5G-based technology-led innovation.
Prior to Verizon Business, Sampath served as President of Global Enterprise at Verizon, where he led a global team focused on delivering solutions to enable enterprise customers to securely connect to the global economy and intelligently manage business operations. Earlier in his Verizon tenure, he served as Chief Product Officer, responsible for the consumer and business product portfolio and implementing major strategic initiatives. These included two of the company’s largest programs, Network Transformation and One Fiber, which served as the foundation for Verizon’s progress in wireless network densification and 5G. Before Verizon, Sampath spent almost a decade at the Boston Consulting Group, where he was a Partner and Global Sector Leader for the Telecom practice area focused on driving large scale, enterprise wide transformations.His experience includes other executive roles including Chief Financial Officer and Chief Transformation Officer.
Verizon
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As one of the world’s leading providers of technology, communications, information and entertainment products, Verizon is transforming the way people, businesses and things connect. Verizon is one of the world’s leading providers of communications, technology, information and entertainment products and services to consumers, businesses and government entities. With a presence around the world, they offer data, video and voice services and solutions on our networks and platforms that are designed to meet customers’ demand for mobility, reliable network connectivity, security and control. They have two reportable segments that they operate and manage as strategic business units - Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides consumer-focused wireless and wireline communications services and products. Their wireless services are provided across one of the most extensive wireless networks in the United States (U.S.) under the Verizon brand and through wholesale and other arrangements. They also provide fixed wireless access (FWA) broadband through their wireless networks. Their wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over a 100% fiber-optic network through their Verizon Fios product portfolio and over a traditional copper-based network to customers who are not served by Fios. In 2021, the Consumer segment’s revenues were $95.3 billion, representing approximately 71% of Verizon’s consolidated revenues. Their Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, corporate networking solutions, security and managed network services, local and long distance voice services and network access to deliver various Internet of Things (IoT) services and products. They also provide FWA broadband through our wireless networks. Verizon provides these products and services to businesses, government customers and wireless and wireline carriers across the U.S. and select products and services to customers around the world. In 2021, the Business segment's revenues were $31.0 billion, representing approximately 23% of Verizon’s consolidated revenues.