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Home > Company Index > Telecommunications > Wireless Communications Services > Verizon Wireless Inc.

Verizon Wireless Inc.
 NEWS FROM THE STANDARD
UBS Warburg to Fund NextWave
Aug 21 2001 10:18 AM PDT

FCC Wants to Speed NextWave Spectrum Case to the Supreme Court
Aug 06 2001 03:12 PM PDT

Sprint PCS, Verizon Ask for More Time to Implement e911
Aug 06 2001 12:59 PM PDT

NextWave May Unveil Billions in Financing
Aug 05 2001 02:10 PM PDT

Metricom Turns Out the Lights
Aug 03 2001 11:53 AM PDT

 PROFILE
Out ahead on the horizon, Verizon Wireless, is the #1 mobile phone operator in the US. The company serves about 28 million mobile phone customers and about 3.5 million paging clients nationwide. It is developing third-generation wireless services based on CDMA (code division multiple access) technology. Verizon Wireless began operations in 2000 when Bell Atlantic and Vodafone combined their US wireless assets, including their PrimeCo PCS partnership. Verizon Wireless gained GTE's US wireless operations when Bell Atlantic bought GTE to form Verizon Communications. Verizon Communications owns 55% of the company, and Vodafone owns 45%. A planned IPO has been delayed.

 COMPETITION
AT&T Wireless (AWE)
Cingular Wireless (dossier)
Sprint PCS Group (PCS)

 DEALS
Deal: Verizon Wireless and Charles Schwab Team Up for Wireless
Date Announced: 04.27.01
Value of transaction (US $Mil): Not Disclosed
Description: Wireless provider partners with financial services giant to allow Schwab customers access to their accounts via the Schwab PocketBroker through their wireless devices.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 14,236.00
1-Yr. Sales Growth: 85.9%
Employees: 38,000
Revenue per employee: $374,631.58

 KEY PEOPLE
• Denny F. Strigl
    CEO
• Edward Langston
    CFO

 CONTACT INFO
180 Washington Valley Rd.
Bedminster, NJ 07921
US
Phone: 908-306-7000
Fax: 908-306-6927
Online: Web Site

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