Presentation on theme: "Verizon Communications Inc. By: Alexa Ernst. Overview History of Company Major Officers Employee Information Stock Information Statistics Why work with."— Presentation transcript:
Overview History of Company Major Officers Employee Information Stock Information Statistics Why work with Verizon?
History “Mr. Watson, come here!” Alexander Graham Bell Formed with the merger of Bell Atlantic Corp. and NYNEX in 1984 In 1998, Bell Atlantic merges with GTE GTE Bell Atlantic 1999 – Bell Atlantic and London-based Vodafone AirTouch PIc agreed to create new wireless business
Based in New York Incorporated in Delaware Began trading on the NYSE on July 3, 2000 Symbol
Major Officers Charles R. “Chuck” Lee Ivan Seidenberg
Employee Information In 2008: 223,900 employees Employ 86,000 individuals throughout U.S. Benefits: – Financial Reward – Health and Well-Being – Work/Life – Family – Education and Training
Stock Information As of December 31, 2008, Verizon had a net income of $1,235 million Ranked number 17 in the Fortune 500 ranking. Added to Dow Jones in 2004
Statistics In the United States: – By 2004, the number of long-distance calls via wireless networks exceeded those via wireline networks. – Wireless minutes of use exceeded 1 trillion in 2004 and has since more than doubled to 2.1 trillion in 2007 – Number of American wireless customers now exceeds 250 million
– According to the FCC, high-speed wireline Internet connections increased by more than 61% during 2006, to 82.5 million lines. – ½ of all Americans now have high-speed internet connections at home. – 2,200 stores – 86.6 million customers and counting
Why work with Verizon? Continue to have a nationwide presence in wireline and wireless markets Variety of benefits Chosen by students as one of BusinessWeek’s “50 Best Internships” One of the top employers for new college graduates BusinessWeek named Verizon #22 out of 100 on its 2008 “Best Places to Launch a Career” list.