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Verizon Communications
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With more than $71 billion in annual revenues, Verizon Communications Inc. (NYSE: VZ) is one of the world's leading providers of communications services. Verizon has a diverse work force of more than 210,000 in four business units: Domestic Telecom serves customers based in 29 states with wireline telecommunications services, including broadband and other services. Verizon Wireless owns and operates the nation's most reliable wireless network, serving 43.8 million voice and data customers across the United States. Information Services operates directory publishing businesses and provides electronic commerce services. International includes wireline and wireless operations and investments, primarily in the Americas and Europe. For more information, visit http://www.verizon.com.
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Verizon Communications, formed by the merger of Bell Atlantic and GTE, is one of the world's leading providers of high-growth communications services. Verizon has been faced with several challenges over the last two years that led to the need for a new ordering solution. Tags: Accenture Ltd., Verizon Communications Inc., Mergers & Acquisitions, Application Integration, EAI, Federal Government, Middleware, Investment, Finance, Software Development, Software/Web Development, Enterprise Software, Software, Government Case studies
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Verizon Communications Inc. (VZ) opened at 44.42. So far today, the stock has hit a low of 44.42 and a high of 45.00. VZ is now trading at 44.89, up 0.52 (1.17%). The stock hit its 52 week high of 46.24 in October and set its 52 week low of 35.60 in March. VZ has been generally higher for the past year. Verizon Wireless announced this morning it has activated two new cell sites near Griswold and in Oakland, Iowa.
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NEW YORK, March 30 /PRNewswire/ -- Verizon Communications Inc. VZ today closed on the sale of its interest in Telecomunicaciones de Puerto Rico, Inc. (TELPRI) to a subsidiary of America Movil, S.A.B. de C.V. AMX. The buyer purchased 100 percent of TELPRI, the holding company of Puerto Rico Telephone Company (PRT), including Verizon's 52 percent interest. The other shareholders were the Puerto Rico Telephone Authority, which owned 28 percent; Popular, Inc., 13 percent; and the company's employee stock ownership plan, 7 percent. The transaction previously received the approval of the Federal Communications Commission.
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Verizon Communications was formerly known as Bell Atlantic Corporation, which was incorporated in 1983 under the laws of the State of Delaware. It began doing business as Verizon Communications on June 30, 2000, when Bell Atlantic Corporation merged with GTE Corporation. The Company is a provider of communications services. Verizon's domestic wireline telecommunications business provides local telephone services, including broadband, in 28 states and Washington, D.C. and nationwide long-distance and other communications products and services. Verizon's domestic wireless business, operating as Verizon Wireless, provides wireless voice and data products and services across the United States using wireless networks. Information Services operates directory publishing businesses and provides electronic commerce services.
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The Verizon Foundation, the philanthropic arm of Verizon Communications, is committed to improving literacy and K-12 education through its signature program Thinkfinity.org; fostering awareness and prevention of domestic violence; and promoting the use of technology in health-care delivery. In 2006, the foundation awarded more than $69 million in grants to nonprofit agencies in the United States and abroad. The foundation ... matched charitable donations from Verizon employees and retirees, resulting in $29 million in combined contributions. Under the foundation's Verizon Volunteer initiative, one of the nation's largest employee-volunteer programs, company employees and retirees have also contributed nearly 3 million hours of community service since Verizon's inception in 2000.
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