Verizon Communications Inc.
News and overview for Verizon Communications Inc.
Verizon, Sprint, Motorola to weigh in - MarketWatch
MarketWatch | 30 days 17 hours 53 minutes ago
Verizon is expected to show continued strength in wireless operations when it reports earnings on Monday.
Nokia gains, Verizon flat, Tellabs lower - MarketWatch
MarketWatch | 27 days 19 hours 53 minutes ago
Prices were mostly swayed by a broad gain in U.S. markets. The third-quarter earnings report by Verizon Communications, the nation's No. 1 wireless phone company, appeared to have little impact.
Verizon, Marvell Technology, ING and more in view - MarketWatch
MarketWatch | 27 days 22 hours 51 minutes ago
See Europe Markets for more.See Asia Markets for more.
Sprint, Ciena give back some gains - MarketWatch
MarketWatch | 4 days 20 hours 23 minutes ago
Qwest Communications International Inc. /quotes/comstock/13*!q/quotes/nls/q (Q 3.75, +0.10, +2.60%) was the lone advancer in the phone group, up a penny.
Verizon profit falls 10%, but wireless strong - MarketWatch
MarketWatch | 28 days 20 minutes ago
VZ
Frontier shareholders approve Verizon deal - MarketWatch
MarketWatch | 26 days 19 hours 57 minutes ago
Dollar trades higher, playing off weak confidence
Sprint, AT&T, Verizon lower; Nokia, Ericsson gain - MarketWatch
MarketWatch | 44 days 21 hours 18 minutes ago
Financials mixed as markets watch Bernanke, dollar
Verizon's quarterly earnings drop 10% - MarketWatch
MarketWatch | 27 days 23 hours 35 minutes ago
In the quarter ended Sept. 30, the New York-based phone company said net income totaled $2.89 billion, or 41 cents a share. That was down from $3.20 billion, or 59 cents a share, in the year-ago quarter.
Motorola Droid sees good start, analysts say - MarketWatch
MarketWatch | 13 days 57 minutes ago
Motorola
Stocks in focus for Monday - MarketWatch
MarketWatch | 30 days 13 hours 34 minutes ago
As it joins other companies topping already-low expectations, the chorus is beginning to ring hollow.
AT&T's rivals still seeking answer to iPhone - MarketWatch
MarketWatch | 17 days 48 minutes ago
Verizon Wireless, the nation's largest mobile operator in terms of customers, and No. 3 carrier Sprint Nextel Corp. plan to unleash another wave of devices that mimic the iPhone's most popular features. They've also taken other steps like partnering with Google Inc. and, in the case of Sprint and T-Mobile USA, offering a cheaper "all-you-can-eat" plans to boost sales.
Palm shares push up following upgrades - MarketWatch
MarketWatch | 5 days 17 hours 36 minutes ago
By midday trading Tuesday, Palm shares were up nearly 5% at $12.41. They've slumped by more than a third since peaking above $18 in late September.
Sprint, Motorola decline; AT&T edges higher - MarketWatch
MarketWatch | 10 days 20 hours 30 minutes ago
AMD, 3Com gains lead early tech advance
Motorola, AT&T lead telecoms - MarketWatch
MarketWatch | 34 days 20 hours 10 minutes ago
Shares of iPCS /quotes/comstock/15*!ipcs/quotes/nls/ipcs (IPCS 23.87, +5.99, +33.50%) surged 33% in recent action. Sprint fell a few pennies.
Prices mixed; big phone stocks slip - MarketWatch
MarketWatch | 32 days 19 hours 39 minutes ago
Sprint Nextel Corp. /quotes/comstock/13*!s/quotes/nls/s (S 3.35, +0.06, +1.82%) was the only gainer among larger carriers, up 2.6%. There was no major news.
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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 |