Verizon Communications Inc.

News and overview for Verizon Communications Inc.

Verizon Foundation Awards More Than $200,000 in Grants to Pennsylvania Nonprofits to Address Internet Safety [Press Release]
PRNewswire | 1 day 23 hours 37 minutes ago
PHILADELPHIA, Nov. 19 /PRNewswire/ -- Eleven nonprofit organizations across the state have received grants totaling $202,300 from the Verizon Foundation, the philanthropic arm of Verizon Communications, to raise awareness of Internet safety and to offer educational outreach services to students, parents and educators.


'My Sister's House' and Verizon Partner on Job-Skills Training for Survivors of Domestic Violence [Press Release]
PRNewswire | 20 hours 5 minutes ago
...volunteer programs, Verizon employees and retirees...community services. Verizon Communications Inc. , headquartered in...wireless and wireline communications services to mass market...wholesale customers. Verizon Wireless operates America...


Verizon, Sprint, Motorola to weigh in - MarketWatch
MarketWatch | 29 days 1 hour 14 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 | 26 days 3 hours 14 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 | 26 days 6 hours 12 minutes ago
See Europe Markets for more.See Asia Markets for more.


Verizon Supports Universal Service Reform Legislation [Press Release]
PRNewswire | 3 days 21 hours 47 minutes ago
...focused on meeting the communications needs of our country...commerce committee. Verizon Communications Inc. , headquartered...wireless and wireline communications services to mass...wholesale customers. Verizon Wireless operates...


Sprint, Ciena give back some gains - MarketWatch
MarketWatch | 3 days 3 hours 44 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.


Council of Better Business Bureaus Honors Verizon With Prestigious 'Torch Award' for Marketplace Excellence, Exceptional Standards [Press Release]
PRNewswire | 3 days 20 hours 50 minutes ago
...billions of personal communications and engaging in millions...torch-awards Verizon Communications Inc. , headquartered...wireless and wireline communications services to mass...wholesale customers. Verizon Wireless operates...


Frontier shareholders approve Verizon deal - MarketWatch
MarketWatch | 25 days 3 hours 18 minutes ago
Dollar trades higher, playing off weak confidence


Just in Time for the Holidays: Additional Savings on Verizon FiOS Services That Help Customers Get the Most From Their Home Electronics [Press Release]
PRNewswire | 4 days 22 hours 23 minutes ago
...and http://www.verizon.com/athomeblog...speeds will vary. Verizon Communications Inc. , headquartered in...wireless and wireline communications services to mass market...wholesale customers. Verizon Wireless operates America...


Sprint, AT&T, Verizon lower; Nokia, Ericsson gain - MarketWatch
MarketWatch | 43 days 4 hours 39 minutes ago
Financials mixed as markets watch Bernanke, dollar


Verizon Thinkfinity Named Best Free Educational Web Site by Library Media Connection Magazine [Press Release]
PRNewswire | 3 days 21 hours 47 minutes ago
...volunteer programs, Verizon employees and retirees...verizonfoundation.org Verizon Communications Inc. , headquartered in...wireless and wireline communications services to mass market...wholesale customers. Verizon Wireless operates America...


Verizon Customers Get Special Deal on High Speed Internet Service During Holiday Season [Press Release]
PRNewswire | 4 days 22 hours 24 minutes ago
...user's location and Verizon's central office...mouse or keyboard. Verizon Communications Inc. , headquartered in...wireless and wireline communications services to mass market...wholesale customers. Verizon Wireless operates America...


Verizon FiOS Delivers a Game-Changing Game Day at Home [Press Release]
PRNewswire | 3 days 19 hours 58 minutes 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