Last $52.07 USD
Change Today -0.67 / -1.27%
Volume 11.2M
VZ On Other Exchanges
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As of 8:04 PM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).

verizon communications inc (VZ) Snapshot

Open
$52.68
Previous Close
$52.74
Day High
$52.78
Day Low
$51.95
52 Week High
04/30/13 - $54.31
52 Week Low
11/16/12 - $40.51
Market Cap
149.0B
Average Volume 10 Days
7.9M
EPS TTM
$3.00
Shares Outstanding
2.9B
EX-Date
04/8/13
P/E TM
17.4x
Dividend
$2.06
Dividend Yield
3.93%
Current Stock Chart for VERIZON COMMUNICATIONS INC (VZ)

verizon communications inc (VZ) Latest News

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verizon communications inc (VZ) Details

Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Verizon Wireless segment offers access to various wireless voice and data services comprising Internet access through smart phones and basic phones, and notebook computers and tablets; messaging services, which enable customers to send and receive text, picture, and video messages; and consumer-focused and business-focused multimedia applications. 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 data 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. 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. As of March 13, 2013, it served 98.2 million retail customers. 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 based in New York, New York.

181,900 Employees
Last Reported Date: 04/25/13
Founded in 1983

verizon communications inc (VZ) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.4M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $698.1K
Executive Vice President, Chief Executive Off...
Total Annual Compensation: $794.2K
Executive Vice President and President of Ver...
Total Annual Compensation: $673.6K
Executive Vice President of Public Policy and...
Total Annual Compensation: $648.1K
Compensation as of Fiscal Year 2012.

verizon communications inc (VZ) Key Developments

Verizon To Reportedly Buy-Out Rest Stake In Vodafone

Verizon Communications Inc. (NYSE:VZ) is considering buy-out of the rest of the stake or planning to make a bid for Vodafone Group Public Limited Company (LSE:VOD) outright, according to the reports. The speculation has continued despite Verizon saying last month that it did not have "any intention to merge with or make an offer for Vodafone".

Verizon Communications Inc. Expands Fourth Generation Long Term Evolution Network Coverage Within Several Fairfield and New Haven County

Verizon Communications Inc. recently expanded fourth generation (4G) Long Term Evolution (LTE) network coverage within several Fairfield and New Haven County communities. 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 first debuted its 4G LTE network in Fairfield and New Haven Counties in May 2011.

Verizon Wireless Expands 4G LTE Coverage in Southwest Virginia

Verizon Communications Inc. has activated a new cluster of fourth generation (4G) Long Term Evolution (LTE) network cell sites in four counties in southwest Virginia --Appomattox, Campbell, Halifax and Pittsylvania. This new cluster of 4G LTE sites extend the company's network footprint on Route 460 East of Lynchburg into Appomattox County and provides coverage along Routes 501 North and South through Campbell and Halifax Counties, and along Route 40 east and west towards Pittsylvania County. Verizon Wireless customers in the following areas are now able to use their 4G LTE-enabled devices to surf the Web, post status updates and photos, share music, and download files at speeds up to 10 times faster than customers on 3G networks: Route 460 from Dinwiddie to Blackstone to Crewe; Route 49 from Victoria and Chase City; Along I-85 from McKinney through South Hill to the North Carolina state line; Route 58 from Emporia to Clarksville.

 

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VZ Competitors

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Company Last Change
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Nippon Telegraph & Telephone Corp ¥5,380 JPY +120.00
Vodafone Group PLC 199.90 GBp +2.30
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Industry Analysis

VZ

Industry Average

Valuation VZ Industry Range
Price/Earnings 100.0x
Price/Sales 1.3x
Price/Book 4.5x
Price/Cash Flow 8.5x
TEV/Sales 0.3x
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