Verizon Communications (NYSE: VZ) is one of the few tech stocks to sport an ultra-high dividend yield. Hovering around 7.6%, it's also quite enticing, as the dividend yield is approaching the long-term return of the broader market.

However, there's more that potential investors should know about Verizon these days -- significant challenges the company has been facing for some time. Investors should have a fuller picture before diving in.

Verizon is one of North America's top wireless network providers and is often compared to peer AT. These two comprise about 75% of the total market, with Verizon capturing about 30% as of first-quarter 2023.

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Source Fool.com