Verizon Communications Inc.
(VZ:NYSE)
Snapshot of Verizon Communications Inc. (VZ)
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OPEN
$30.38
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PREVIOUS CLOSE
$30.52
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DAY HIGH
$30.53
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DAY LOW
$30.30
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52 WEEK HIGH
12/8/08 - $34.90
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52 WEEK LOW
03/9/09 - $26.10
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MARKET CAP
86.4B
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AVERAGE VOLUME 3 mo
13.6M
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DILUTED EPS TTM
$1.95
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SHARES OUTSTANDING
2.8B
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EX-DATE
10/7/09
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P/E TTM
15.6x
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DIVIDEND
$1.90
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DIVIDEND YIELD
6.24%
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| K = Thousands M = Millions B = Billions | |||
BUSINESS EXCHANGE RELATED TOPICVerizon Communications | |||
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VZ Details
Verizon Communications Inc. provides communication services in the United States and internationally. It operates in two segments, Wireline and Domestic Wireless. The Wireline segment provides voice, Internet access, broadband video and data, next generation Internet protocol (IP) network services, network access, and long distance services to consumers, carriers, businesses, and government customers. It operates a fiber-to-the-premises (FTTP) network under the FiOS service mark that offers bandwidth, and designed to handle future broadband and video applications. As of December 31, 2008, this segment’s wireline network included approximately 36,161,000 wireline access lines, 8,673,000 broadband connections, and 1,918,000 FiOS TV customers. The Domestic Wireless segment offers in wireless voice and data products, and other value-added services, as well as sells equipment. This segment serves approximately 80 million customers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications was founded in 1983 and is based in New York, New York.
VZ Top Compensated Officers
Key developments for Verizon Communications Inc. (VZ)
AT&T, Inc. filed an amended complaint in federal court in Atlanta demanding that Verizon immediately pull all of the ads that compare 3G coverage of the two companies. It claimed the Verizon commercials are misleading because viewers might be led to believe that AT&T doesn't have any coverage in the white spots on AT&T's 3G coverage map used in the ads. AT&T first filed suit about the issue last week. Verizon had said the lawsuit is without merit and it doesn't plan to change the maps.
Verizon Communications Inc. has expanded its FiOS TV service to more than 7,500 households in parts of Highspire Borough, Lower Swatara Township, Penbrook Borough, Steelton Borough, Susquehanna Township and Swatara Township, bringing consumers a wide array of programming, 129 high-definition (HD) channels, and more video on demand (VOD) and faster Internet speeds than old-fashioned cable TV.
Verizon Communications Inc. expanded its DSL-Enabled high speed internet service to 850 more West Virginia customers in Cabell, Fayette and Jackson counties. The company recently installed High Speed Internet equipment, based on digital subscriber line (DSL) technology, in the Boomer area of Fayette County; Barker's Ridge in Cabell County; and the Fairplains area of Jackson County. Verizon High Speed Internet service is delivered on a dedicated line from Verizon's central switching office to the customer's home or business and is backed by live, 24 x 7 customer service and technical support. Verizon's entry-level High Speed Internet service offers speeds of up to 1 mbps downstream and 384 kbps upstream. Consumers who want faster speed can order Verizon's offering of up to 3 mbps downstream and 768 kbps upstream. The up-to-3 mbps service delivers download speeds 50 times faster than dial-up.
BusinessWeek Rankings
Stock Quotes
| Recently Viewed | |||
| VZ | $30.43 USD | -0.09 | |
|---|---|---|---|
| THQI | $4.69 USD | -0.20 | |
| HOT | $32.05 USD | -0.40 | |
| ENI (IT) | €16.85 EUR | -0.34 | |
| ONNN | $7.73 USD | -0.13 | |
Market data is delayed at least 20 minutes.
VZ Competitors
| Company | Last | Change |
| AT&T Inc | $26.02 USD | -0.09 |
| Deutsche Telekom | €9.50 EUR | -0.05 |
| Hewlett-Packard Co | $50.04 USD | +0.22 |
| International Business Machines Corp | $126.96 USD | -0.58 |
| Nippon Telegraph and Telephone Corp | ¥3,640 JPY | 0.00 |
| View Industry Companies | ||
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | VZ | Industry Range |
| Price/Earnings | 15.6x |
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| Price/Sales | 0.8x |
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| Price/Book | 2.0x |
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| Price/Cash Flow | 4.0x |
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| TEV/Sales | NM | Not Meaningful |
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VZ |
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VZ transactions
| Type Date |
Target |
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Bankruptcy
October 23, 2009 |
Brisar Industries, Inc. |
|
Bankruptcy
October 15, 2009 |
Sonix Medical Resources, Inc. |
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