Verizon Communications Inc.
News and overview for Verizon Communications Inc.
Mandatory 10-Digit Dialing Goes Into Effect Nov. 14 in Connecticut [Press Release]
PRNewswire | 12 days 15 hours 23 minutes ago
...procedure can call Verizon at the following toll...changes.html Verizon Communications Inc. , headquartered in...wireless and wireline communications services to mass market...wholesale customers. Verizon Wireless operates America...
Sprint, Ciena gain; AT&T, Ericsson decline - MarketWatch
MarketWatch | 5 days 22 hours 12 minutes ago
Fed's Lacker: Recovery 'solidly underway'
Palm shares rise as Pixi smartphone comes on deck - MarketWatch
MarketWatch | 8 days 15 hours 17 minutes ago
Palm
Sprint, Ciena lead telecoms higher - MarketWatch
MarketWatch | 6 days 20 hours 25 minutes ago
Analyst Jonathan Chaplin said Sprint will benefit from sharp cost cuts, stronger sales of prepaid service and better retention of "postpaid" customers who sign up for annual contracts.
Phone stocks dip; Ciena rebounds - MarketWatch
MarketWatch | 41 days 17 hours 59 minutes ago
The magazine cited growing sales of newer products and the potential acquisition of key optical assets from Nortel Networks Corp, the bankrupt Canadian vendor.
Verizon Foundation Provides $160,000 to 13 Agencies to Support Domestic Violence Survivors in Massachusetts [Press Release]
PRNewswire | 27 days 17 hours 31 minutes ago
HOLYOKE, Mass., Oct. 26 /PRNewswire/ -- To help address the continuing problem of domestic violence, the Verizon Foundation is donating $160,000 to 13 nonprofit agencies for use in education, advocacy, support and prevention initiatives across Massachusetts.
Verizon Foundation Provides Funding to Agencies to Support Domestic Violence Survivors in Queens [Press Release]
PRNewswire | 37 days 18 hours 34 minutes ago
NEW YORK, Oct. 16 /PRNewswire/ -- To help address the continuing problem of domestic violence, the Verizon Foundation is donating $45,000 to seven nonprofit agencies for use in education, advocacy, support and prevention initiatives across Queens.
Google's wireless strategy starts to take root - MarketWatch
MarketWatch | 43 days 23 hours 21 minutes ago
In a potentially big breakthrough, Verizon Wireless said this past week that it would use Google's Android software on some of its devices, while unconfirmed reports indicate the Internet-search giant could soon enter a relationship with AT&T Inc.
Sprint, Ciena are top telecoms again - MarketWatch
MarketWatch | 5 days 19 hours 57 minutes ago
In its report, Credit Suisse said Sprint is making good progress in its turnaround plan and argued that the market is ignoring its success in signing up prepaid customers. While prepaid customers are not as profitable as subscribers on annual contracts, Credit Suisse said Sprint could sign up enough of them to improve overall sales and profit. Read full story about Sprint's turnaround.
Sprint, phone stocks fall; vendors gain - MarketWatch
MarketWatch | 44 days 22 hours 15 minutes ago
Qualcomm was the only decliner, down 1.5% at $40.78.
Coming Soon: EPIX on Verizon FiOS TV and Internet [Press Release]
PRNewswire | 25 days 18 hours 34 minutes ago
... For the latest news, updates and information about FiOS, visit www.verizon.com/newscenter and www.verizon.com/athomeblog Verizon Communications Inc. , headquartered in New York, is a global leader in delivering broadband...
Verizon Teams Up With Samsung; Offers Wholesalers Internet Service-Gateway CPE Bundle for Small- and Medium-Sized Business Customers [Press Release]
PRNewswire | 31 days 14 hours 25 minutes ago
...Digital Media & Communications and Device Solutions...samsung.com Verizon Communications Inc. , headquartered...wireless and wireline communications services to mass...wholesale customers. Verizon Wireless operates...
Forty-five Pennsylvania Nonprofits Reap More Than $235,000 in Literacy Grants From Verizon [Press Release]
PRNewswire | 39 days 20 hours 34 minutes ago
PHILADELPHIA, Oct. 14 /PRNewswire/ -- A dollar a month may not seem like much, but it can go a long way to improving literacy skills in local communities across Pennsylvania while also giving people the opportunity to succeed.
Verizon Named Technical Achievement Winner in NEC Corporation of America s Empowered by Telecommunications Award [Press Release]
Business Wire | 33 days 34 minutes ago
(SUPERCOMM 2009) – NEC Corporation of America, a premier provider of network and IT solutions, announced Verizon as the winner of the ‘Empowered by Telecommunications’ award in the category of Technical Achievement.
U.S. stock futures lean higher before earnings - MarketWatch
MarketWatch | 28 days 3 hours 35 minutes ago
S&P 500 futures rose 3.3 points to 1,080.20 and Nasdaq 100 futures added 6 points to 1,758.00. Futures on the Dow Jones Industrial Average rose 27 points.
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Company Overview
| Company: | Verizon Communications Inc. |
|---|---|
| Industry: | Wireless Network Operators |
| Website: | http://www.verizon.com |
The second largest US telecommunications services provider (after AT&T) has taken the top spot in wireless services (ahead of AT&T Mobility ). The company's wireline business provides local telephone, long-distance, and Internet access services to residential and business customers in 24 states and Washington, DC. It has about 40 million voice access lines in operation and serves about 8 million broadband Internet customers. Verizon Wireless (known legally as Cellco Partnership), the company's joint venture with Vodafone Group, serves more than 80 million customers. Verizon Business provides communications and information technology (IT) services to business and government clients in the US and abroad.
Key Numbers
| Sales in U.S. Dollars (mil.) | 97,354 (2008) |
|---|---|
| One-year % Growth in Sales | 4.2 (2008) |
| Net Income in U.S. Dollars (mil.) | 6,428 (2008) |
| One-year % Growth in Net Income | 13.7 (2008) |
| Number of Employees | 223,900 (2008) |
| One-year % Growth in Number of Employees | -4.7 (2008) |
| Fiscal Year-End | December |