Verizon Communications Inc.
News and overview for Verizon Communications Inc.
Light Reading Announces Its 2009 Top Picks [Press Release]
PRNewswire | 35 days 11 hours 3 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 | 13 days 13 hours 56 minutes ago
The Kirkland, Wash.-based company said it will raise the money by selling newly issued class B stock at $7.33 a share.
Sprint Nextel to cut up to 2,500 jobs - MarketWatch
MarketWatch | 14 days 7 hours 29 minutes ago
Sprint has introduced a better selection of phones and made sharp improvements in customer service, but the outflow of subscribers has continued, though at a slower rate. The carrier lost a net 545,000 customers in the third quarter.
Clearwire, Motorola decline; Nokia up - MarketWatch
MarketWatch | 12 days 12 hours 17 minutes ago
Most stocks rose in early action, only to give way as the quiet Veterans Day trading session wore on.
Vodafone profit leaps as it lifts savings view - MarketWatch
MarketWatch | 13 days 19 hours 56 minutes ago
Also, Vodafone had taken a 1.7 billion pound impairment in the prior-year period due to a tougher market in Turkey.
Clearwire, Sprint Nextel lead telecoms higher - MarketWatch
MarketWatch | 14 days 12 hours 57 minutes ago
Telecom stocks tracked the broader U.S. market, which also rose sharply.
Verizon Chairman and CEO to Speak at Goldman Sachs Conference on Sept. 17 [Press Release]
PRNewswire | 68 days 15 hours ago
Verizon Chairman and CEO to Speak at Goldman...chairman and chief executive officer of Verizon Communications Inc. , will speak at the Goldman Sachs...approximately 10:15 a.m. Eastern time on Verizon's Investor Relations Web site, www...
Verizon CFO John Killian to Present at Bank of America Merrill Lynch Conference on Sept. 10 [Press Release]
PRNewswire | 75 days 13 hours ago
Verizon CFO John Killian to Present...financial officer for Verizon Communications Inc. , will speak at the...Merrill Lynch Media, Communications & Entertainment Conference...m. Eastern time on Verizon's Investor Relations...
TV Choice and Competition Near for Residents of Fitchburg, Mass. [Press Release]
PRNewswire | 27 days 11 hours 37 minutes ago
...Attleborough.) Verizon Communications Inc. , headquartered...and wireline communications services to mass...wholesale customers. Verizon Wireless operates...nationwide. Verizon also provides converged communications, information...
Verizon Takes Complexity Out of Managing Mobile Devices in the Enterprise [Press Release]
PRNewswire | 75 days 17 hours 31 minutes ago
NEW YORK, Sept. 9 /PRNewswire/ -- Today's workforce requires access to company information round the clock - creating a daunting task for many IT departments. To help companies meet the increasing demand for information delivered over mobile devices such as smartphones and cell phones, while avoiding the complexity of managing these devices, Verizon is unveiling a new managed mobility offering.
TV Choice and Competition Near for Residents of Westford, Mass. [Press Release]
PRNewswire | 25 days 10 hours 3 minutes ago
...Westford.) Verizon Communications Inc. , headquartered...and wireline communications services to mass...wholesale customers. Verizon Wireless operates...nationwide. Verizon also provides converged communications, information...
Motorola, Vodafone, other telecoms drop; Nokia up - MarketWatch
MarketWatch | 46 days 14 hours 31 minutes ago
Gold taps fresh record above $1,050
Critical Alerts for Verizon, Home Depot, Garmin, Total, and Harley-Davidson Released by Seven Summits Research [Press Release]
PRNewswire | 25 days 10 hours 32 minutes ago
Critical Alerts for Verizon, Home Depot, Garmin, Total, and Harley-Davidson...s PriceWatch Alerts cover the following stocks: Verizon Communications Inc. , The Home Depot, Inc. , Garmin Ltd. , Total SA , and Harley-Davidson...
Lorillard earnings per share rise - MarketWatch
MarketWatch | 28 days 17 hours 6 minutes ago
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Verizon Launches Trial of FiOS TV Online, Extending Multi-Screen Leadership [Press Release]
PRNewswire | 88 days 17 hours ago
...the latest news, updates and information about FiOS TV, visit www.verizon.com/newscenter and http://www.verizon.com/athomeblog Verizon Communications Inc. , headquartered in New York, is a global leader in delivering broadband...
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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 |