Fitch Ratings said Friday that it has affirmed Verizon Communications Inc.'s (VZ) Issuer Default Ratings 'A'.
The Rating Outlook is Stable.
Fitch said Verizon's ratings are supported by strong free cash flows which, in turn, provide the company flexibility with respect to operating within its target leverage range of 1.3 times (x)-1.4x. The leverage range is conservative relative to Fitch's expectations of around 1.5x for the category.
Verizon has significant scale and scope in its domestic wireline and wireless businesses and a high proportion of revenues from wireless and wireline growth areas, the rating agency noted.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.