COMPETITORS Sprint AT&T T-Mobile Also, in the past half year, Verizon stock has been doing much better than Sprint or AT&T http://www.google.com/finance?q=vz Verizon is commonly known by the public as the most reliable “Verizon got the highest download score in seven cities; Sprint scored highest in four; AT&T” http://technologizer.com/2009/06/29/verizon-vs-sprint-vs-att/ in two.
PRODUCTS 3 areas: Domestic Wireless Wireless voice and internet/data plans Wireline Home voice, broadband video, internet, long distance calling Verizon Business Offers IT products and services Provided to consumers, businesses, and carriers
DOMESTIC WIRELESS Provided service to a customer base of approximately 91.2 million Offers a wide variety of plans to suit all needs Verizon Wireless Prepaid- no contract needed Largest in the US
WIRELINE Provides customers with home and business communication services Provides services to 150 other countries in the world too (businesses and carriers) FiOS 11.7 million homes across 14 states
HOT PRODUCTS Droid by Motorola FiOS (internet and voice) iPhone (2/10/11) Samsung Galaxy S series Palm, HTC, and LG smart phones
WHY BUY? Recent addition of iPhone Jan 25 th earnings release Influx of income from Droid and smartphones 4G network (LTE) Smartphones are “hot” right now Pays dividends Overarching theme: Hot products keep Verizon ahead of competition http://www.benzinga.com/press-releases/11/01/c779700/verizon-communications-upward- momentum-looks-to-continue-vz http://www.benzinga.com/press-releases/11/01/c779700/verizon-communications-upward- momentum-looks-to-continue-vz