Verizon Communications, Incorporated (VZ)
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Ivan G. Seidenberg, Chairman of the Board/CEO/Director
140 West Street
New York, NY 10007
US
Map it ![]()
Phone: (212) 395-1000
Fax: (212) 571-1897
Latest news from Portfolio
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Stairway SurpriseJun 16 2008
-
Deal DumpJun 05 2008
-
We're Watching YouMay 14 2008
-
Cable's Fast Last MileMay 08 2008
-
If You Build It ...Apr 14 2008
Overview
The Company provides communications services through two reportable segments, Wireline and Domestic Wireless.
Portfolio Articles
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Stairway Surprise
A back-of-the-napkin analysis of the lifetime worth of the most requested rock tune in history.Jun 16 2008 -
Deal Dump
Why an Alltel sale may just be the beginning.Jun 05 2008 -
We're Watching You
Charter Communications' beta program to share customers' web histories with ad networks.May 14 2008 -
Cable's Fast Last Mile
Yep, Verizon FiOS is better than cable. Too bad that doesn't matter.May 08 2008 -
If You Build It ...
It's been more than a decade since Congress approved a national memorial for Martin Luther King Jr. So why hasn't construction started?Apr 14 2008
News Feeds
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Closing Glance: Telecom Services
AP
Jul 08 2008
-
Opening Glance: Telecom Services
AP
Jul 08 2008
-
Former Bell Atlantic CFO William O. Albertini dies
AP
Jun 30 2008
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Sprint is top telecom gainer in 2Q
AP
Jun 30 2008
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Citi analyst lowers telecom services outlook
AP
Jun 30 2008
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Verizon Wireless gets Rhapsody music subscriptions
AP
Jun 30 2008
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Rhapsody to challenge iTunes by embracing the iPod
Reuters
Jun 30 2008
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Ohio trying to expand high-speed Internet access
AP
Jun 26 2008
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Ahead of the Bell: Syniverse Holdings downgraded
AP
Jun 25 2008
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Opening Glance: Telecom Services fall with market
AP
Jun 24 2008
Portfolio Blogs
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It's a Hypercompetitive World After All
Jul 07 2008
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First Bytes: Rhapsody and the Labels, Family Guy, BitTorrent, more
Jun 30 2008
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Palm Centro: Doing Well, But iPhone's Coming
Jun 12 2008
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Kiddie Porn and ISPs, What Took So Long?
Jun 11 2008
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Big V Gets Bigger - Watch Out, Google
Jun 05 2008
Press Releases
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Text Messaging Use Explodes in North Carolina by 600 Percent Jul-08-2008, 09:00AM EDT
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Register Now for Verizon Wireless Corporate 5K Race in Morristown Jul-07-2008, 03:01PM EDT
News From Around the Web
News
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Jul 09 2008
-
Verizon unions mull making call to strike
(Boston Herald)Jul 09 2008 -
Verizon Boosts FiOS Internet Speed In 10 States
(Information Week)Jul 08 2008 -
FairPoint's Takeover Of Verizon's New England Phone Lines Is Delayed
(Information Week)Jul 08 2008 -
Verizon's PR Czar Responds To Whistle-Blower RE: 30K Missing HDTVs
(Information Week)Jul 08 2008 -
Verizon Business Expands Consulting Services
(Information Week)Jul 08 2008 -
Verizon Wireless Activates New Cell Site in Beaver …
(TMCnet.com)Jul 08 2008 -
CommNexus Call for Applications
(TMCnet.com)Jul 08 2008 -
Calif. Asks ISPs To Block Newsgroups Exchanging Child Porn
(Information Week)Jul 08 2008 -
Verizon data breach report, Part 3: Breach size and source
(NetworkWorld)Jul 08 2008
Blogs
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Jul 08 2008
-
Loren Feldman is No Sacha Baron Cohen
(IP Democracy)Jul 08 2008 -
Jul 08 2008
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1938 Media Loses Verizon Deal Over Racism Charges
(TechCrunch)Jul 08 2008 -
Jul 08 2008
Employees
Number of Employees: 235,000
Revenue per Employee: $371,004
Top Executives
Thomas A. Bartlett, Senior VP/Controller
Doreen A. Toben, Executive VP/CFO
Thomas J. Tauke, Executive VP, Divisional
Virginia P. Ruesterholz, President, Divisional
Lowell C. McAdam, President, Subsidiary/CEO, Subsidiary/Executive VP, Subsidiary
Marc C. Reed, Executive VP, Divisional
Richard J. Lynch, Chief Technology Officer/Executive VP
Shaygan Kheradpir, Executive VP/Chief Information Officer
William P. Barr, Executive VP/General Counsel
Catherine T. Webster, Senior VP/Treasurer
John F. Killian, President, Divisional
Dennis F. Strigl, President/COO
Board of Directors
Financials
Quarterly
Annual
| Income Statement | 04/2008 | 01/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Sales | 9.52 Bil. | 9.8 Bil. | 9.61 Bil. | 9.23 Bil. |
| Gross Operating Profit | 14.32 Bil. | 14.04 Bil. | 14.16 Bil. | 14.04 Bil. |
| Operating Income before D & A (EBITDA) | 7.92 Bil. | 7.09 Bil. | 7.82 Bil. | 7.72 Bil. |
| Total Income Before Interest Expenses (EBIT) | 4.45 Bil. | 3.6 Bil. | 4.41 Bil. | 4.36 Bil. |
| Total Net Income | 1.64 Bil. | 1.07 Bil. | 1.27 Bil. | 728 Mil. |
| Basic EPS, Total | 0.57 | 0.37 | 0.44 | 0.58 |
| Diluted EPS, Total | 0.57 | 0.37 | 0.44 | 0.58 |
| BALANCE STATEMENT | 04/2008 | 01/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Cash and Equivalents | 5.48 Bil. | 1.15 Bil. | 715 Mil. | 656 Mil. |
| Total Assets | 22.45 Bil. | 18.7 Bil. | 17.04 Bil. | 17.03 Bil. |
| Total Liabilities | 24.74 Bil. | 24.74 Bil. | 24.16 Bil. | 24.45 Bil. |
| Total Capitalization | 82.41 Bil. | 78.78 Bil. | 79.07 Bil. | 79.2 Bil. |
| Cash Flow | 04/2008 | 01/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | 5.39 Bil. | 26.31 Bil. | 18.02 Bil. | 11.56 Bil. |
| Net Cash From Investing Activities | -4.82 Bil. | -16.11 Bil. | -10.48 Bil. | -6.88 Bil. |
| Net Cash From Financing Activities | 3.76 Bil. | -11.7 Bil. | -9.47 Bil. | -6.68 Bil. |
| Net Change in Cash & Cash Equivalents | 4.33 Bil. | -2.07 Bil. | -2.5 Bil. | -2.56 Bil. |
| Income Statement | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Sales | 37.55 Bil. | 34.99 Bil. | 25.47 Bil. | 23.17 Bil. |
| Gross Operating Profit | 55.92 Bil. | 53.15 Bil. | 49.64 Bil. | 48.12 Bil. |
| Operating Income before D & A (EBITDA) | 29.96 Bil. | 27.92 Bil. | 28.33 Bil. | 27.03 Bil. |
| Total Income Before Interest Expenses (EBIT) | 16.37 Bil. | 14.54 Bil. | 15.83 Bil. | 14.9 Bil. |
| Total Net Income | 5.52 Bil. | 6.2 Bil. | 7.4 Bil. | 7.83 Bil. |
| Basic EPS, Total | 1.9 | 2.13 | 2.67 | 2.83 |
| Diluted EPS, Total | 1.9 | 2.15 | 2.65 | 2.79 |
| BALANCE STATEMENT | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Cash and Equivalents | 1.15 Bil. | 3.22 Bil. | 776 Mil. | 2.29 Bil. |
| Total Assets | 18.7 Bil. | 22.54 Bil. | 16.45 Bil. | 19.48 Bil. |
| Total Liabilities | 24.74 Bil. | 32.28 Bil. | 25.06 Bil. | 23.13 Bil. |
| Total Capitalization | 78.78 Bil. | 77.18 Bil. | 71.55 Bil. | 73.23 Bil. |
| Cash Flow | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | 26.31 Bil. | 22.49 Bil. | 22.01 Bil. | 21.82 Bil. |
| Net Cash From Investing Activities | -16.11 Bil. | -15.62 Bil. | -18.49 Bil. | -10.34 Bil. |
| Net Cash From Financing Activities | -11.7 Bil. | -6.03 Bil. | -5.03 Bil. | -9.86 Bil. |
| Net Change in Cash & Cash Equivalents | -2.07 Bil. | 2.46 Bil. | -1.51 Bil. | 1.62 Bil. |
Related Companies by Market Cap
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