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  • VERIZON COMMUNICATIONS INC Profile

    Verizon is the second largest US telecommunications services provider (after AT&T). The company's wireline business provides local telephone, long-distance, and Internet access services to residential and small to midsized businesses in 28 states and Washington, DC. It has about 40 million voice access lines in operation and it serves about 8 million broadband Internet customers. Verizon Wireless, the company's joint venture with Vodafone Group which is known legally as Cellco Partnership, is the #2 US wireless provider (after AT&T Mobility), with around 65 million customers. Verizon Business provides communications and information technology (IT) services to global business and government clients.
    Ivan G. Seidenberg
    CEO
    140 West St.

    New York, NY 10007

    http://www.verizon.com

    Phone: 212-395-1000

    Fax: 212-571-1897
    Sector: Technology Industry: Telecommunications
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $93,469,000,000 6.0% $5,521,000,000 235,000
  • Key Executives: VZ

    Name Title Officer Since
    Ivan G. Seidenberg CEO 6/30/00
    Dennis F. Strigl COO -
    Richard J. Lynch Chief Technology Officer -
    Doreen A. Toben CFO -
    Shaygan Kheradpir Chief Information Officer -
    William P. Barr General Counsel -
    John G. Stratton Executive VP -
    Catherine T. Webster Senior VP -
  • Top Competitors: VZ

  • Insider Trends: VZ

    Sentiment for VZ is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: VZ

    Date Name Shares Transaction Type Market Value
    07/11/08 MCADAM LOWELL C 39 Award of Stock Options $1,361.88
    07/11/08 KHERADPIR SHAYGAN 22 Award of Stock Options $768.24
    07/11/08 STRATTON JOHN G 17 Award of Stock Options $593.64
  • Ownership Breakdown : VZ

    Large Block Holder Type Number  
    Institutions 1,524.00
     
    Mutual Fund 2,929.00
    Other Major 19.00
  • Short Interest Volume: VZ

    Data as of 6/25/08
    Current Short Interest Shares 301.99 M
    Current Short Interest Ratio 2.80
    Float 2.85 B
    Short Interest as % of Float 1.50
    Average Daily Volume 15.44 M
    Outstanding Shares 2.85 B