{"schema_version":"secwatch.filing_event.v1","accession":"0000732712-24-000065","form_type":"8-K","ticker":"VZ","cik":"0000732712","company_name":"VERIZON COMMUNICATIONS INC","filed_at":"2024-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.942694+00:00","generated_at":"2026-05-30T11:58:45.825209+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Verizon reaches FWA target early, sets 8-9M subs by 2028, fiber 35-40M passings, revises leverage target","bullets":["Reached prior FWA subscriber goal of 4–5M 15 months early; now targets 8–9M by 2028.","Fiber expansion: expects 35–40M passings over time; Frontier deal adds 9–10M passings; combined builds up to 1M+ annually.","2025 capex guidance $17.5–$18.5B, consistent with historical capital intensity.","Net unsecured debt to adjusted EBITDA ratio target lowered to 2.0–2.25x.","Capital allocation priority unchanged: industry-leading dividend, debt reduction, buybacks when ratio at 2.25x."],"urls":{"canonical":"https://secwatch.observer/filing/0000732712-24-000065","json":"https://secwatch.observer/filing/0000732712-24-000065.json","markdown":"https://secwatch.observer/filing/0000732712-24-000065.md","text":"https://secwatch.observer/filing/0000732712-24-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/732712/000073271224000065/0000732712-24-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/732712/000073271224000065/vz-20241022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T11:58:45.825209+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}