Verizon Communications

Verizon Communications is a broadband and telecommunications company operating 4G LTE network, 3G network, and information and entertainment services. It is a Dow 30 company that employs a diverse workforce of more than 180,000 dedicated employees around the world.

It serves mass market, business, government, and wholesale customers by delivering broadband and other wireline and wireless communication innovations. Verizon Communications Wireless operates America's largest wireless network that serves nearly 102 million customers nationwide.

Verizon’s Wireline operations include Verizon Business and Verizon Telecom. These bring converged communications, information and entertainment services over Verizon's fiber-optic network for its users.

Founded in 1983, Verizon Communications is headquartered in New York.

Type
Public
HQ
New York, US
Founded
1983
Employees
162,000 (est)-8%
Verizon Communications was founded in 1983 and is headquartered in New York, US

Key People at Verizon Communications

Lowell McAdam

Lowell McAdam

Chairman & Chief Executive Officer
Craig Silliman

Craig Silliman

Executive Vice President
David Small

David Small

Executive Vice President
Robert Mudge

Robert Mudge

Executive Vice President
Ronan Dunne

Ronan Dunne

Executive Vice President
James Gerace

James Gerace

Chief Communications Officer
Roger Gurnani

Roger Gurnani

Executive Vice President, Chief Information & Technology Architect
Marc Reed

Marc Reed

Executive Vice President & Chief Administrative Officer
Diego Scotti

Diego Scotti

Executive Vice President & Chief Marketing Officer
John Stratton

John Stratton

Executive Vice President & President of Operations
Kenneth Dixon

Kenneth Dixon

Senior Vice President & Group President
Marni Walden

Marni Walden

Executive Vice President, President of Product Innovation & New Businesses
Roy Chestnutt

Roy Chestnutt

Executive Vice President & Chief Strategy Officer
Matthew Ellis

Matthew Ellis

Executive Vice President & Chief Financial Officer
Tami Erwin

Tami Erwin

Executive Vice President
George Fischer

George Fischer

Senior Vice President

Verizon Communications Locations

New York, US
West Palm Beach, US
West Hollywood, US
San Mateo, US
Canberra, AU
Warrendale, US
Los Angeles, US
South San Francisco, US
Winchester, GB
Syracuse, US
Taunton, GB
Torrance, US
Bowling Green, US
Bengaluru, IN
Encinitas, US
Clifton Park, US
Latham, US
Marlborough, GB
Downers Grove, US

Verizon Communications Metrics

Verizon Communications Summary

Market capitalization

$215 B

Closing share price

$52.6
Verizon Communications's current market capitalization is $215 B.

Verizon Communications Financials

Verizon Communications's revenue is $132 B in FY, 2015 which is 3.57% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

$121 B$127 B$132 B

Cost of goods sold

$16.4 B$21.6 B$23.1 B

Gross profit

$75.7 B$77.1 B$102 B

Gross profit Margin, %

86.4%83.0%82.4%

Operating income

$31.8 B$17.8 B$33.1 B

Operating expense total

$43.7 B$57.5 B$69.1 B

Interest expense

$2.67 B$4.92 B$4.92 B

Income tax expense

$5.73 B$3.31 B$9.87 B

Net Income

$23.5 B$12 B$18.4 B

Operating cash flow

$50.4 B$-42.9 B$-6.13 B

    Verizon Communications Operating Metrics

    Y, 2014Y, 2015

    Wireless customers

    35.6 M35.7 M

    Verizon Communications Market Value History

    Verizon Communications Online Presence

    Verizon Communications News

    Verizon Communications Company Life

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