Verizon Communications / VZ
Verizon technologists replace copper wires with fiber optic cables. (Photo: Courtesy of company.)
About Verizon Communications
140 West St., New York, N.Y. 10007
www.verizon.com
| 800-621-9900
| Founded: 1983
Industry: Telecommunications | Category: Major Employers Not Based in the Region
Verizon is the nation's second-largest telecommunications company. It is aggressively expanding its wireless networks with a $4.7 billion purchase of valuable national airwaves recently auctioned by the federal government. It has also expanded its Fios fiber-optic network for Internet and television service. The network is available in most counties in the Washington area, including Fairfax, Arlington, Loudoun, Montgomery, Howard and Prince George's.
Chairman and CEO: Ivan G. Seidenberg
2007 Financial Data
Revenues: $93,469,000,000 | Net Income: $5,521,000,000Asssets: $186,959,000,000 | Earnings Per Share: $1.90
Stockholder Equity: $50,581,000,000 | Annual Dividend: $1.67
Total employees: 235,000 | Local employees: 17,800
Did You Know
CARTOON NETWORK: The team creating Verizon's fast-growing line of animated messages is based in Laurel.
