Verizon Communications Inc. 5.90% Notes due 2054

(VZA) Trade

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Profile

Verizon is now primarily a wireless business (70% of revenue and nearly all of operating income). The firm serves about 88 million postpaid and 5 million prepaid phone customers and connects another 23 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the northeast and mid-Atlantic that reach about 25 million homes and businesses (12% of revenue) and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Oath, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.

Contact Information

Website: www.verizon.com
Email: george.connor@verizon.com
Main Phone: +1 212 395-1000
Address: 1095 Avenue of the Americas
State: NY
City / Town: New York
Country: USA
Postal Code: 10036

Issuer Information

Exchange: NYE
CEO: Hans Erik Vestberg
Employees: 144500
NAICS: Satellite Telecommunications(517410)


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Profile

Verizon is now primarily a wireless business (70% of revenue and nearly all of operating income). The firm serves about 88 million postpaid and 5 million prepaid phone customers and connects another 23 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the northeast and mid-Atlantic that reach about 25 million homes and businesses (12% of revenue) and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Oath, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.

Contact Information

Website: www.verizon.com
Email: george.connor@verizon.com
Main Phone: +1 212 395-1000
Address: 1095 Avenue of the Americas
State: NY
City / Town: New York
Country: USA
Postal Code: 10036

Issuer Information

Exchange: NYE
CEO: Hans Erik Vestberg
Employees: 144500
NAICS: Satellite Telecommunications(517410)
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