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Monday, November 23, 2009, 5:11PM ET - U.S. Markets Closed. Dow Up 1.29% Nasdaq Up 1.40%
Verizon Communications Inc. (VZ)At 4:01PM ET: 31.33  Up 0.90 (2.96%)  
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Verizon Communications Inc.
140 West Street
New York, NY 10007
United States - Map
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
Full Time Employees:230,300

BUSINESS SUMMARY 
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 segmentÂ’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.
Key Statistics

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    HOTJOBS JOB POSTINGS 
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    CORPORATE GOVERNANCE 
    Verizon Communications Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 66.6% of S&P 500 companies and 96.8% of Telecommunication Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ivan G. Seidenberg , 62
    Chairman and Chief Exec. Officer
    $ 5.84M $ 0
    Mr. Dennis F. Strigl , 62
    Pres
    $ 3.21M $ 0
    Mr. Lowell C. McAdam , 54
    Exec. VP, Chief Exec. Officer of Verizon Wireless and Pres of Verizon Wireless
    $ 1.70M $ 9.23M
    Ms. Doreen Augustinus Toben , 59
    Exec. VP
    $ 2.12M $ 0
    Mr. John F. Killian , 54
    Chief Financial Officer and Exec. VP
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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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