Verizon Communications Inc.
News and overview for Verizon Communications Inc.
AT&T propels phone stocks higher - MarketWatch
MarketWatch | 31 days 18 hours 3 minutes ago
Among key industry indexes, the Dow Jones U.S. Fixed Line Telecommunications Total Stock Market Index moved up 1.0% to 922 points.
New England Football Fans Have Good Reason to Dance [Press Release]
PRNewswire | 26 days 9 hours 30 minutes ago
...service. For more information on High Speed Internet and Verizon bundled services, visit http://www22.verizon.com/residential/highspeedinternet/ Verizon Communications Inc. , headquartered in New York, is a global leader in delivering...
Leading Analyst Firm Positions Verizon in Leaders Quadrant for U.S. Telecommunications Service Providers [Press Release]
PRNewswire | 58 days 14 hours 5 minutes ago
...winning communications, IT, information...rely on Verizon's professional...Gartner, Inc. and is...purpose. Verizon Communications Inc. , headquartered...wireline communications services...customers. Verizon Wireless...
Verizon Increases Support for California Firefighters, Evacuees Relying on Verizon's Wireless and Wired Networks [Press Release]
PRNewswire | 84 days 8 hours 6 minutes ago
THOUSAND OAKS, Calif., Aug. 30 /PRNewswire/ -- Verizon has increased its support for firefighters in the field and evacuees at shelters in Los Angeles County to help them stay connected during the wildfires that currently engulf more than 40,000 acres.
Verizon Adds Free Service Restoral to Relief Efforts for Southern California Wildfires [Press Release]
PRNewswire | 80 days 9 hours 35 minutes ago
THOUSAND OAKS, Calif., Sept. 3 /PRNewswire/ --
The Wellness Community of the East Bay Receives a $10,000 Grant From Verizon to Continue to Enhance Comprehensive Cancer-Support Services [Press Release]
PRNewswire | 31 days 8 hours ago
...cancer. Verizon Communications Inc. , headquartered...and wireline communications services to...customers. Verizon Wireless operates...nationwide. Verizon's Wireline...provide converged communications, information...
Telecoms mostly higher, but MetroPCS, Leap sink - MarketWatch
MarketWatch | 17 days 17 hours 25 minutes ago
Nasdaq Composite rises 45 points to 2,100.63
Verizon's FiOS1 Will Be the Source for Complete Election Night Coverage in New York and New Jersey [Press Release]
PRNewswire | 23 days 14 hours 7 minutes ago
NEW YORK, Oct. 30 /PRNewswire/
California Firefighters, Evacuees Relying on Verizon's Wireless and Wired Networks [Press Release]
PRNewswire | 86 days 8 hours 6 minutes ago
THOUSAND OAKS, Calif., Aug. 28 /PRNewswire/ -- Firefighters in the field and evacuees at shelters in Los Angeles County are relying on Verizon's networks to stay connected during the current wildfires that currently engulf more than 2,500 acres.
Motorola, vendors gain; phone shares weak - MarketWatch
MarketWatch | 20 days 16 hours 58 minutes ago
Motorola was upgraded to buy from hold by Citigroup just days before the company's new Droid phone is slated to go on sale. The Droid, an iPhone competitor, is the most highly anticipated Motorola phone in five years.
Verizon Small-Business Broadband Customers Now Can Stay Connected Through Free Wi-Fi Hot Spots Across the U.S. [Press Release]
PRNewswire | 52 days 19 hours 2 minutes ago
...businesses to network. For more information on Verizon's broad products and services for small businesses, visit www.business.verizon.net/marketplace Verizon Communications Inc. , headquartered in New York, is a global...
Verizon introduces FiOS service in Philadelphia
Philadelphia Inquirer, The | 4 days 39 minutes ago
Verizon Communications Inc. has launched FiOS TV and Internet in three neighborhoods in the city - Chestnut Hill, South Philadelphia and North Philadelphia, near Girard College.
Light Reading Announces Its 2009 Top Picks [Press Release]
PRNewswire | 34 days 15 hours 7 minutes ago
NEW YORK, Oct. 19 /PRNewswire/ -- Light Reading (http://www.lightreading.com), the leading integrated media company serving the worldwide communications industry, today reveals its Top Picks for communications technologies, services, and products. Light Reading's editors, after weeks of discussions with readers, analysts, and industry sources, have each come up with their picks of communications products and services from all over the world that could potentially shake up the industry.
Clearwire to get $1.5 billion in cash - MarketWatch
MarketWatch | 12 days 18 hours ago
The Kirkland, Wash.-based company said it will raise the money by selling newly issued class B stock at $7.33 a share.
Clearwire, Motorola decline; Nokia up - MarketWatch
MarketWatch | 11 days 16 hours 21 minutes ago
Most stocks rose in early action, only to give way as the quiet Veterans Day trading session wore on.
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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 |