Last $34.91 USD
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As of 11:50 AM 03/5/14 All times are local (Market data is delayed by at least 15 minutes).

verizon communications inc (VERIZ) Snapshot

Open
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Previous Close
$34.91
Day High
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Day Low
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52 Week High
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52 Week Low
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Market Cap
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Average Volume 10 Days
0.0
EPS TTM
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Shares Outstanding
4.1B
EX-Date
07/8/14
P/E TM
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Dividend
$2.12
Dividend Yield
6.07%
Current Stock Chart for VERIZON COMMUNICATIONS INC (VERIZ)

verizon communications inc (VERIZ) Details

Verizon Communications Inc. provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers access to various wireless voice and data services comprising Internet access through smart and basic phones, and notebook computers and tablets; messaging services; and consumer and business focused multimedia applications under Verizon Wireless brand. This segment also provides location-based services; global data services; HomeFusion Broadband, a high-speed Internet service for homes; other connection-related services, such as network access and value added services to support telemetry-type applications; and machine-to-machine services that support devices used in healthcare, manufacturing, utilities, distribution, and consumer products markets, as well as sells smart phones and basic phones, tablets, and other Internet access devices. As of May 15, 2014, it served 103.3 million retail customers. The company’s Wireline segment offers video services over its fiber-optic network; data services comprising high-speed Internet and FiOS broadband data products, as well as local exchange capacity, managed, mobility, and security services; voice services, such as local exchange, regional, long distance, wire maintenance, and voice messaging services, as well as VoIP, and landline and wireless services; and local dial tone and broadband services to local, long distance, and other carriers. This segment also provides networking products and solutions, such as private Internet protocol services, and Ethernet access and ring services; and infrastructure and cloud services. In addition, it offers FiOS Quantum TV service in New York and New Jersey. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York.

Founded in 1983

verizon communications inc (VERIZ) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $760.6K
Executive Vice President, Chief Executive Off...
Total Annual Compensation: $880.8K
Executive Vice President and President of Glo...
Total Annual Compensation: $715.4K
Executive Vice President of Public Policy and...
Total Annual Compensation: $666.2K
Compensation as of Fiscal Year 2013.

verizon communications inc (VERIZ) Key Developments

Verizon and Alltel Announce Expiration and Final Results of Exchange Offers

Verizon Communications Inc. announced the expiration and final results of its previously announced eleven separate private offers to exchange specified series of debt securities issued by Verizon and by Alltel Corporation (an indirect wholly owned subsidiary of Verizon) (collectively, the "Old Notes") for new debt securities to be issued by Verizon (the "New Notes") in accordance with the terms of the Exchange Offers. The Exchange Offers consist of the following: (i) an offer to exchange the 2.500% notes due 2016 of Verizon; and (ii) an offer to exchange the 3.650% notes due 2018 of Verizon, in each case, for new 2.625% notes due 2020 of Verizon, provided that the principal amount of New Notes due 2020 to be issued in such Exchange Offers on an aggregate basis shall not exceed $3,300,000,000; (i) an offer to exchange the 7.350% notes due 2039 of Verizon; (ii) an offer to exchange the 7.875% debentures due 2032 of Alltel Corporation; (iii) an offer to exchange the 7.750% notes due 2032 of Verizon; (iv) an offer to exchange the 7.750% notes due 2030 of Verizon; (v) an offer to exchange the 6.800% debentures due 2029 of Alltel Corporation; and (vi) an offer to exchange the 6.400% notes due 2033 of Verizon, in each case, for new 4.862% notes due 2046 of Verizon, provided that the principal amount of New Notes due 2046 to be issued in such Exchange Offers on an aggregate basis shall not exceed $4,500,000,000; and (i) an offer to exchange the 6.550% notes due 2043 of Verizon; (ii) an offer to exchange the 6.900% notes due 2038 of Verizon; and (iii) an offer to exchange the 6.400% notes due 2038 of Verizon, in each case, for new 5.012% notes due 2054 of Verizon, provided that the principal amount of New Notes due 2054 to be issued in such Exchange Offers on an aggregate basis shall not exceed $5,500,000,000. The Exchange Offers were conducted by Verizon upon the terms and subject to the conditions set forth in a confidential offering memorandum, dated July 23, 2014, as amended by the press release issued by Verizon on August 6, 2014. Based on information provided by Global Bondholder Services Corporation, the exchange agent and information agent for the Exchange Offers, the tables below provide the aggregate principal amount of each series of Old Notes validly tendered and not validly withdrawn at or prior to the Expiration Date for the Exchange Offers and the aggregate principal amount of each series of Old Notes that Verizon expects to accept pursuant to the Exchange Offers.

Verizon Communications Inc. Enhances 4G LTE Coverage in Colchester, Connecticut

Verizon Communications Inc. has enhanced fourth generation (4G) Long Term Evolution (LTE) network coverage in Colchester, Connecticut. 4G LTE empowers Verizon Wireless customers with compatible devices to surf the Web, post status updates and photos, and download files wirelessly at speeds up to 10 times faster than customers on 3G networks.

Verizon Wireless Enhances 4G LTE Network Coverage in Hooksett, New Hampshire

Verizon Wireless announced that it has enhanced fourth generation (4G) Long Term Evolution (LTE) network coverage in Hooksett, New Hampshire. 4G LTE empowers Verizon Wireless customers with compatible devices to surf the Web, post status updates and photos, and download files wirelessly at speeds up to 10 times faster than customers on 3G networks.

 

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