Verizon Communications, Inc.

Verizon Communications, Inc.

Verizon Communications, Inc.

Overview
Date Founded

1983

Headquarters

140 West Street New York NY 10007

Type of Company

Public

Employees (Worldwide)

144K

Industries

IT Consulting & Services
Wireless Telecommunications
Computer Software

Company Description

Verizon Communications, Inc. is a holding company, which engages in the provision communications, information and entertainment products and services to consumers, businesses and governmental agencies. It operates through Wireless and Wireline segments. The Wireless segment provides wireless voice and data services and equipment sales, which are provided to consumer, business, and government customers. The Wireline segment offers broadband video and data; corporate networking solutions; data center and cloud services; security and managed network services; and local and long distance voice services. It also offers voice, data and video services and solutions. The company was founded in 1983 and is headquartered in New York, NY.

Contact Data
Trying to get in touch with decision makers at Verizon Communications, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Chief Executive Officer

Executive Director, Media Relations

Executive Director, Alternative Investments-Verizon Pension/Benefits

Executive Vice President & Chief Financial Officer

Senior Vice President, Deputy General Counsel & Corporate Secretary

Executive Vice President & Chief Marketing Officer

Executive Vice President & Chief Technology Officer

Executive Vice President & Chief Strategy Officer

Market Area Vice President & General Manager for Service Delivery & Field Operations

Board of Directors

Chairman & Chief Executive Officer at Verizon Wireless, Inc.

President & Chief Executive Officer at PayPal Holdings, Inc.

Chairman & Chief Executive Officer at Aetna Life Insurance Co. /Investment Portfolio

Chief Financial Officer at Home Depot U.S.A., Inc.

Partner at Deloitte LLP

Co-Founder at United Way - Greater Cincinnati

Fund Advisor at Massachusetts Financial Services Company

Investor at Broadway Angels

Partner at Squire Patton Boggs LLP

Senior Advisor at General Atlantic Service Co. LP

Paths to Verizon Communications, Inc.
Potential Connections via
Relationship Science
You
Verizon Communications, Inc.
Owners & Shareholders
Details Hidden

The Vanguard Group is an American investment management company based in Malvern, Pennsylvania, that manages approximately $3.4 trillion[1] in assets. It is the largest provider of mutual funds and now the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock, with about $451 billion in ETF assets under management, as of March 2015.[3] It offers mutual funds and other financial products and services to retail and institutional investors in the United States and abroad. Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors,[4] the popularization of index funds generally,[5] and driving costs down across the mutual fund industry.

Details Hidden

SSgA FM's methods of analysis include quantitative, fundamental, technical, cyclical, indexing, arbitrage, charting and other strategy specific methods. They offer a broad range of strategies including: Active, Enhanced, and Passive Equity; Active & Passive Debt; Cash Management; Multi-Asset Class Solutions; Real Estate (including Direct Real Estate); Senior Loans; Managed Futures; and Private Equity. Active equity strategies include enhanced equity and active quantitative strategies. The strategies cover market-cap and style segments of the market including: large-cap core, large-cap growth, large-cap value, mid-cap, small-cap, small-cap value, all-cap, and long-short equity. They also manage long-short and long-short market neutral strategies. SSgA FM's Active & Passive Debt strategies offers a range of investment styles from passive to active, short to long duration, tax-exempt, sovereign to high yield, and single country to global. The firm's Cash Management strategies seek to generate current income while preserving capital and liquidity by investing in diversified portfolios of short-term securities. SSgA FM's Multi-Asset Class strategies employ an asset allocation model as means of diversification and seek to position assets among major investment categories. Their Multi Asset Class Solutions strategies employ an asset allocation model as a method of diversification that aims to position assets among major investment categories. SSgA FM's Managed Futures strategy allocates assets using two approaches: a managed futures strategy and a fixed income strategy. The firm's Private Equity strategies focus on rigorous partner selection, thorough evaluation of quality investment opportunities, and fundamental, research-driven research.

Details Hidden

BFA utilizes fixed-income strategies that are actively managed, model or index based. Actively managed fixed-income mandates generally employ an active investment style that emphasizes rotation among different types of debt on a relative value basis, specific security selection, quantitative analysis of each security and the portfolio as a whole and intensive credit analysis and review. They utilize a risk-controlled, systematic process for portfolio construction and alpha generation. Alpha sources may include security selection, duration and yield curve positioning, industry rotation, asset allocation, and currency positioning. BFA's equity platform includes a broad range of products that vary according to investment style (active, scientific and passive management), market-cap (small-, mid-, small/mid-, large- and all-cap), and geography (global, international and regional). The product range may also include sector funds, long-only and long-short portfolios, as well as products that combine different strategies to create balanced and asset allocation portfolios. For cash management portfolios, the investment process emphasizes safety and liquidity over yield. Their alternative mandates focus on sourcing and managing high-alpha investments with lower correlation to public markets and developing a holistic approach to address client needs in alternatives investing.

Recent Transactions
Details Hidden

Verizon Communications, Inc. purchases Jaunt, Inc. - California from Redpoint Ventures, Sky Ventures Ltd., Highland Capital Partners LLC, GV Management Co. LLC, SV Angel LLC, China Media Capital Co. Ltd., InnoSpring, Inc., Rothenberg Ventures Management Co. LLC, Evolution Media Growth Partners LLC

Details Hidden

Automattic, Inc. purchases Tumblr, Inc. from Verizon Communications, Inc.

Details Hidden

Verizon Communications, Inc. purchases Yahoo!7 Pty Ltd. from Seven West Media Ltd.

Insider Transactions
Details Hidden
Details Hidden
Transaction Advisors
Accountant

Advised onVerizon Communications, Inc. purchases MCI, Inc. from Teléfonos de México SAB de CV

Legal Advisor

Advised onFrontier Communications Corp. purchases Verizon Communications, Inc. /14 US States Wireless Bus from Verizon Communications, Inc.

Legal Advisor

Advised onVerizon Communications, Inc. purchases AOL, Inc.

Chair, Corporate Department

Advised onFrontier Communications Corp. purchases Verizon Communications, Inc. /14 US States Wireless Bus from Verizon Communications, Inc.

Legal Advisor

Advised onFrontier Communications Corp. purchases Verizon Communications, Inc. /14 US States Wireless Bus from Verizon Communications, Inc.

Legal Advisor

Advised onFrontier Communications Corp. purchases Verizon Communications, Inc. /14 US States Wireless Bus from Verizon Communications, Inc.

Advisors & Consultants
Legal Advisor

Co-Executive Chairman at Winston & Strawn LLP

Legal Advisor

Partner at Jones Day

Legal Advisor

Co-Chair, Electronic Discovery & Information Law Practice Group at Gibson, Dunn & Crutcher LLP

Clients

Marriott International, Inc. engages in the operation and franchise of hotel, residential, and timeshare properties. It operates through the following business segments: North American Full-Service; North American Limited-Service; Asia Pacific; and Other International. The North American Full-Service segment includes luxury and premium brands located in the U.S. and Canada. The North American Limited-Service segment comprises select brands located in the U.S. and Canada. The Asia Pacific segment focuses in all brand tiers in Asia Pacific region. The company was founded by J. Wiliard Marriot and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, MD.

Twitter, Inc. is a global platform for public self-expression and conversation in real time. It provides a network that connects users to people, information, ideas, opinions, and news. The company's services include live commentary, live connections and live conversations. Its application provides social networking services and micro-blogging services through mobile devices and the Internet. The company can also be used as a marketing tool for businesses. It's products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Twitter was founded by Jack Dorsey, Christopher Isaac Stone, Noah E. Glass, Jeremy LaTrasse, and Evan Williams on March 21, 2006 and is headquartered in San Francisco, CA.

IAC/InterActiveCorp. engages in the provision of media and Internet services. It operates through the following business segments: Match Group, ANGI Homeservices, Vimeo, Dotdash, Applications and Emerging & Other. The Match Group segment provides dating products, operating a portfolio of several brands, including Match, Tinder, PlentyOfFish, and OkCupid. The ANGI Homeservices segment offers a digital marketplace for home services, connecting homeowners across the globe with home service professionals, and operates HomeAdvisor and Angie's List. The Vimeo segment includes cloud-based software products to stream, host, distribute and monetize videos online and across devices, as well as premium video tools on a subscription basis. The Dotdash segment is a portfolio of digital brands providing expert information and inspiration in select vertical content categories. The Applications segment is comprised of direct-to-consumer downloadable desktop applications, including, Apalon, SlimWare, and Partnerships. The Emerging & Others segment includes Ask Media Group, Blue Crew, The Daily Beast, College Humor Media and IAC Films. The company was founded on July 28, 1986 and is headquartered in New York, NY.

Key Stats and Financials As of 2018
Market Capitalization
$245B
Total Enterprise Value
$343B
Earnings Per Share
$3.76
Revenue
$131B
Net Profit
$15.5B
Total Debt
$113B
Total Equity
$54.7B
EBITDA
$47.4B
EBITDAMargin
36.23%
Enterprise Value Sales
2.62x
Enterprise Value EBITDAOperating
7.24x
TEVNet Income
22.1x
Debt TEV
0.33x
Three Year Compounded Annual Growth Rate Of Revenue
-0.19%
Five Year Compounded Annual Growth Rate Of Revenue
1.66%
Non-Profit Donations & Grants
Political Donations
$10K - $20K
2015
$100
2014
$500
2014
Investments
Details Hidden

Freightpop LLC provides shopping application services. The company was founded by Kurt James Johnson is headquartered in Lake Forest, CA.

Details Hidden

WISDO LTD provides application searvices. The company was founded by Boaz Gaon and Ido Engel and is headquartered in Ramat Gan, Israel.

Details Hidden

Docady Israel Ltd. develops a mobile application that provides a cloud-based platform, which organizes and manages user's essential information, materials and documents. The company was founded in 2014 by Nadav Naaman and Nadav Weizmann and is headquartered in Tel Aviv, Israel.

Investors
Details Hidden

Founder, Managing Partner at Scout VC LLC

Details Hidden

Advisor at Dragon Innovation, Inc.

Details Hidden

Co-Founder at Novak Biddle Venture Partners

Suppliers
Apple, Inc. Other Manufacturing | Cupertino, CA

Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises of China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, Apple Care, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA.

LG Electronics, Inc. Appliances & Electronics | Seoul, SL

LG Electronics, Inc. engages in the manufacturing of display devices, home appliances, multimedia goods, electronic parts and develops software. It operates through the following business areas: Home Entertainment, Mobile Communications, Home Appliance, Air-Conditioning, Energy Solution and Independent business area. The Home Entertainment business area provides products such as televisions, monitors, personal computers for IT, Car Infotainment and produces Chemical and Electronic Materials. The Mobile Communications business area offers products such as handsets and tablets. The Home Appliance business area provides products such as refrigerators, washing machines, cooking and cleaning and health care appliances. The Air Conditioning and Energy Solution business area manufactures products such as Light Emitting Diode (LED) lightings, residential and system air conditioners. The Independent business area provides products such as compressors, storage devices, PC, telematics and solar cells. The company was founded by In-Hwoi Koo on Oct 1, 1958 and is headquartered in Seoul, South Korea.

Nokia Corporation Equipment & Office Supplies | Espoo, UU

Nokia Oyj provides network infrastructure, technology and software services. It operates through the following segments: Ultra Broadband Networks, Global Services, IP Networks and Applications and Nokia Technologies. The Ultra Broadband Networks segment comprises mobile networks and fixed networks. The Global Services segment provides professional services with multi-vendor capabilities, covering network planning and optimization, systems integration. The IP Networks and Applications segment comprising IP/Optical networks and applications & analytics. The Nokia Technologies segment focuses on advanced technology development and licensing. The company was founded in 1865 and is headquartered in Espoo, Finland.

Competitors
Alphabet, Inc. Internet Software & Services - MOUNTAIN VIEW, CA

Alphabet, Inc. is a holding company, which engages in the business of acquisition and operation of different companies. It operates through the Google and Other Bets segments. The Google segment includes its main Internet products such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube. The Other Bets segment includes businesses such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

Microsoft Corporation IT Consulting & Services - REDMOND, WA

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. The Productivity and Business Processes segment comprises products and services in the portfolio of productivity, communication, and information services of the company spanning a variety of devices and platform. The Intelligent Cloud segment refers to the public, private, and hybrid serve products and cloud services of the company which can power modern business. The More Personal Computing segment encompasses products and services geared towards the interests of end users, developers, and IT professionals across all devices. The firm also offers operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games; personal computers, tablets; gaming and entertainment consoles; other intelligent devices; and related accessories. The company was founded by Paul Gardner Allen and William Henry Gates III in 1975 and is headquartered in Redmond, WA.

Apple, Inc. Computer Hardware - Cupertino, CA

Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises of China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, Apple Care, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA.

Awards & Honors
Rank #13
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #13
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Verizon Communications, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Verizon Communications, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Verizon Communications, Inc..