Charles Wen ’19 pitched Verizon Communications Inc. (VZ) to the Student Managed Investment Fund on February 19, 2019. Verizon’s mission is to leverage its leadership in the wireless network to continuously provide customers with the best user experience through its highly reliable network services and qualities. With its 26% market share of subscribers, Verizon has an enormous presence in the telecom sector. Verizon’s services and equipment currently consist of data, broadband, voice, premium content and tablet etc. Verizon led the industry with innovative transformation that will bring Verizon to the next stage of staggering growth. The class looks forward to capitalizing the gain from the realization of huge profit when the 5G services will start to bring profit for Verizon in 2022, given the fact that 70% of the overall revenue came from the Wireless segment and Verizon will improve the profitability of this segment with its successful launch and execution of the 5G plan. The company posted constant and sustainable growth of revenue stream and dividends. The class voted to buy 200 shares of Verizon.