Verizon pays the highest cash taxes among major U.S. telecom companies, CNBC reported, citing Wells Fargo analysts, who said the tax law will provide a significant financial boost to the industry.

Verizon Communications (VZ) recently reported solid financial growth for the second quarter of 2025 with increased revenues and earnings per share. Despite these strong results, Verizon’s share price moved 1.

Verizon beat Q2 expectations and raised guidance, but macro risks, tariffs, and subscriber losses cloud the outlook. See why VZ stock is upgraded to hold.