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Home > Company Index > Telecommunications > Local Telecom & Private Transmission Services > Verizon Communications Inc.

Verizon Communications Inc.
NYSE: VZ
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 NEWS FROM THE WIRES
AT&T says broadband services still a tough sell
Aug 21 2001 05:13 PM PDT

UDPATE 2-UBS Warburg to provide NextWave $2.5 bln
Aug 21 2001 12:16 PM PDT

Mexico July retail sales seen up 5-5.5 pct-report
Aug 21 2001 09:03 AM PDT

Argentine markets drift down, await IMF news, FOMC
Aug 21 2001 09:03 AM PDT

UDPATE 1-UBS Warburg to provide NextWave $2.5 bln
Aug 21 2001 08:48 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
NextWave May Unveil Billions in Financing
Aug 05 2001 02:10 PM PDT

From Sizzle to Fizzle
Jul 31 2001 02:23 PM PDT

Consumers Just Keep Consuming
Jul 31 2001 09:39 AM PDT

Broadband Could Add $500 Billion to Economy, Study Says
Jul 16 2001 05:21 PM PDT

Verizon Expands Presence in Former GTE Territory
Jul 12 2001 12:56 PM PDT

 PROFILE
Look out, AT&T -- this Baby Bell has grown up. Formed in 2000 when Bell Atlantic bought GTE, Verizon Communications is the #1 local phone company in the US and the #2 telecom services provider, behind AT&T. Verizon has 63 million local-access lines throughout the US. Verizon Wireless, the company's joint venture with Vodafone, is the #1 US wireless provider, with about 28 million mobile phone customers nationwide. Outside the US, Verizon affiliates serve 36 million wireless customers and operate 13 million access lines; the company also plans to build a multinational network. And, as if AT&T didn't have enough reasons to look over its shoulder, Verizon has about 5 million US long-distance customers.

 COMPETITION
AT&T Corp. (T)
Sprint FON Group (FON)
WorldCom, Inc. (dossier)

 DEALS
Deal: Verizon, Cayman Systems Team Up
Date Announced: 05.01.01
Value of transaction (US $Mil): Not Disclosed
Description: Under this strategic partnership, Verizon will distribute Cayman products.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 64,707.00
1-Yr. Sales Growth: 95.1%
Employees: 260,000
Revenue per employee: $248,873.08

 KEY PEOPLE
• Charles R. Lee
    CEO
• Frederic V. Salerno
    CFO

 CONTACT INFO
1095 Avenue of the Americas
New York, NY 10036
US
Phone: 212-395-2121
Fax: 212-869-3265
Online: Web Site

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