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Verizon Communications Company Snapshot
Business Description:
Verizon Communications operates in the Telephone communications, exc. radio sector. Verizon Communications Inc. (Verizon) is a holding company. Verizon through its subsidiaries is a provider of communications services. The Company has two segments: Domestic Wireless and Wireline. Its Domestic Wireless' communications products and services include wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the United States. Wireline's communications products and services include voice, Internet access, broadband video and data, Internet protocol (IP) network services, network access, long distance and other services. The Company provides these products and services to consumers in the United States, as well as in over 150 other countries around the world. During the year ended December 31, 2010, Verizon launched its 4G LTE network in 38 metropolitan areas . In April 2011, the Company acquired Terremark Worldwide, Inc. In August 2011, the Company acquired CloudSwitch. In our complete report available for purchase the company is compared to: AT&T Inc., Nippon Telegraph and Telephone Corporation and Telefonica SA.
   
   
 
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Verizon Communications
  Stock Performance Chart for Verizon Communications
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 37.84
(Figures in U.S. Dollars)
1 Week 1.7%   13 Weeks -1.3%  
4 Weeks 1.8%   52 Weeks 4.2%  
 
Verizon Communications Key Data:
  Ticker: VZ Country: UNITED STATES
  Exchanges: NYSE AMS FRA LON MXK Major Industry: Utilities
    Sub Industry: Telecommunications
  2011 Sales 110,875,000,000
(Year Ending Jan 2012).
Employees: 194,400
  Currency: U.S. Dollars Market Cap: 107,238,560,000
  Fiscal Yr Ends: December Shares Outstanding: 2,834,000,000
  Share Type: Common Closely Held Shares: 865,459
 
 
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