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Confirmed

Telecom Services

2 names are moving together; 100% are participating in the current session.

Co-movement

Observed intraday paths are not available for this group yet.

Members

TICKERCompanySectorTodayObserved activity
TAT&T Inc.Communication Services+0.6%Group member
VZVerizon Communications Inc.Communication Services+0.9%Most structurally connected

Why we believe this

Cohort

2 names

Participation

100% this session

Observed history

1 daily builds

Filing coverage

2/2 members

restructuring

Severance, Pension and Benefits Charges (Credits) During 2025, we recorded pre-tax severance charges of $1.7 billion principally as a result of separations in connection with our workforce reduction initiatives.

VZ 10-K

pricing affecting revenue

Wireless service revenue increased during 2025 compared to 2024 primarily due to: • an increase of $775 million in postpaid revenue primarily related to higher adoption of perks and premium MyPlan offerings, pricing actions, and a 26% increase in our FWA subscriber base, partially offset by the amortization of wireless equipment sales promotions; and • an increase of $673 million related to growth in non-retail service revenue.

VZ 10-K

credit / rates affecting interest expense

Total interest expense increased during 2025 compared to 2024 primarily as a result of a decrease in capitalized interest due to additional C-Band spectrum licenses being placed into service, partially offset by a decrease in interest costs due to lower average debt balances and a lower interest rate.

VZ 10-K

Telecom Services can stay leader-led if secondary names fail to join while VZ keeps moving.

Connected, outside the group

No high-confidence filing-linked non-members are available for this group yet.

History

Historical cohort observations are not available yet.