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Verizon Communications Inc. (VZ)

On Feb 9: 28.75 USD   0.00 (0.00%)  
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Verizon Communications Inc.
140 West Street
New York, NY 10007
Phone: 212-395-1000
Web Site: http://www.verizon.com

DETAILS
Index Membership: Dow Jones Composite
Dow Industrials
S&P 100
S&P 500
S&P 1500 Super Comp
Sector: Technology
Industry: Telecom Services - Domestic
Employees (last reported count): NaN

BUSINESS SUMMARY
Verizon Communications, Inc. provides a range of communication services worldwide. It operates in two segments, Wireline and Domestic Wireless. The Wireline segment offers communications and information services to residential customers and small businesses, including basic telecommunication service and end-user access; value-added services, such as voicemail, caller ID, and call forwarding; broadband services, which include digital subscriber lines and fiber optics to the premise; and national and international long distance services, including calling cards, 800/888 services, and operator services. It also provides wholesale services that include switched access, special access, high-capacity, high-speed digital services, unbundled network elements, and interconnection services, which are marketed primarily to competitive local exchange carriers and wireless carriers. In addition, this segment markets voice, data, Internet communications services, private line, frame relay, ATM services, IP network services, wholesale local and long distance voice products, and wholesale data and Internet products, as well as private IP, IP VPN, Web hosting, and voice over Internet protocol to medium and large business customers, multi-national corporations, telecommunication carriers, and state and federal governments. The Domestic Wireless segment offers a range of wireless voice services; provides wireless data services, such as BroadbandAccess/NationalAccess, text and picture messaging, V Cast, mobile Web, location based services, and wireless business solutions; and develops and offers various wireless devices that primarily include handsets. The company, formerly known as Bell Atlantic Corporation, was founded in 1983. It changed its name to Verizon Communications, Inc. in 2000. The company is based in New York, New York.
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    OFFICERS
      Pay Exercised
    Mr. Ivan G. Seidenberg , 61
    Chairman and Chief Exec. Officer
    $ 6.35M $ 1.80M
    Mr. Dennis F. Strigl , 61
    Pres and Chief Operating Officer
    $ 3.27M $ 0
    Ms. Doreen Augustinus Toben , 58
    Chief Financial Officer and Exec. VP
    $ 1.83M $ 0
    Mr. William P. Barr , 57
    Exec. VP and Gen. Counsel
    $ 1.86M $ 0
    Mr. Lawrence T. Babbio Jr., 63
    Advisor
    $ 3.02M $ 0
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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