Verizon Communications Inc.

News and overview for Verizon Communications Inc.

Verizon Foundation Supports New York State Coalition Against Domestic Violence Technology Safety Program [Press Release]
PRNewswire | 1 hour 41 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 Makes Online Billing Even Easier and More Helpful for Businesses of All Sizes [Press Release]
PRNewswire | 9 hours 23 minutes ago
BASKING RIDGE, N.J., Nov. 23


Verizon FiOS TV Celebrates Thanksgiving With a 'Feast of Fury' From EPIX [Press Release]
PRNewswire | 6 hours 38 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...


Just in Time for Thanksgiving, Verizon Launches a New Era of Television Entertainment in Philadelphia [Press Release]
PRNewswire | 5 hours 53 minutes ago
PHILADELPHIA, Nov. 23 /PRNewswire/ --


Verizon, Sprint, Motorola to weigh in - MarketWatch
MarketWatch | 31 days 9 hours 13 minutes ago
Verizon is expected to show continued strength in wireless operations when it reports earnings on Monday.


Verizon Foundation Awards More Than $200,000 in Grants to Pennsylvania Nonprofits to Address Internet Safety [Press Release]
PRNewswire | 4 days 7 hours 36 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.


Nokia gains, Verizon flat, Tellabs lower - MarketWatch
MarketWatch | 28 days 11 hours 13 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 | 28 days 14 hours 11 minutes ago
See Europe Markets for more.See Asia Markets for more.


Frontier shareholders approve Verizon deal - MarketWatch
MarketWatch | 27 days 11 hours 17 minutes ago
Dollar trades higher, playing off weak confidence


'My Sister's House' and Verizon Partner on Job-Skills Training for Survivors of Domestic Violence [Press Release]
PRNewswire | 3 days 4 hours 4 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 Supports Universal Service Reform Legislation [Press Release]
PRNewswire | 6 days 5 hours 46 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 | 5 days 11 hours 43 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 | 6 days 4 hours 49 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...


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 | 7 days 6 hours 22 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...





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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