Verizon Communications

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Verizon Communications Inc. (NYSE: VZ) is an American broadband and telecommunications company and a component of the Dow Jones Industrial Average. It was formed in 2000 when Bell Atlantic, one of the Regional Bell Operating Companies, merged with GTE. Prior to its transformation into Verizon, Bell Atlantic had merged with another Regional Bell Operating Company, NYNEX, in 1997. The name is a portmanteau of veritas and horizon. The company's head... more
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Business

Address

Verizon Communications Headquarters

140 WEST STREET
New York City New York 10007
United States of America

Revenue:

Currency Amount Valid Date
  • 88,144,000,000
  • Dec 31, 2006
  • 93,221,000,000
  • 2007
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Operating income:

Currency Amount Valid Date
  • 28,759,000,000
  • Dec 31, 2006

Market capitalization:

Currency Amount Valid Date
  • 130,000,000,000
  • Dec 31, 2007

Net income:

Currency Amount Valid Date
  • 5,521,000,000
  • Dec 31, 2007
  • 6,197,000,000
  • 2007
View entire collection »

Board members:

Member Title From
  • 2004
  • Dec 2006
  • 1997
  • 2004
  • 1995
  • 2005
  • 1997
View Verizon Communications board members »

Number of employees:

number date
  • 234,971
  • Feb 28, 2008

Ticker symbol:

Stock exchange Ticker symbol
  • VZ

Subsidiary companies:

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Product of merger:

Companies merging Date
  • Jun 30, 2000

Venture Investments:

Employees and other personnel:

Person Title From
  • 2000
  • Nov 2005
  • Jun 2003
View Verizon Communications employees and other personnel »
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Ranked item

Appears in ranked lists:

List Rank Year
  • 17
  • 2009
  • 17
  • 2008
  • 18
  • 2006
  • 13
  • 2007
View entire collection »
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Facts from the Community

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From the business2 base

Revenue:

Currency Amount Valid Date
  • 97,354,000,000
  • Dec 31, 2008

Operating Income:

Currency Amount Valid Date
  • 16,884,000,000
  • Dec 31, 2008

Net profit:

Currency Amount Valid Date
  • 6,428,000,000
  • Dec 31, 2008

Cash:

Currency Amount Valid Date
  • 9,782,000,000
  • Dec 31, 2008

Current Assets:

Currency Amount Valid Date
  • 26,075,000,000
  • Dec 31, 2008

Total Assets:

Currency Amount Valid Date
  • 202,352,000,000
  • Dec 31, 2008

Current Liabilities:

Currency Amount Valid Date
  • 25,906,000,000
  • Dec 31, 2008

Total Liabilities:

Currency Amount Valid Date
  • 160,646,000,000
  • Dec 31, 2008

Retained Earnings:

Currency Amount Valid Date
  • 19,250,000,000
  • Dec 31, 2008
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