Verizon Wireless Essays

5157 Words Mar 16th, 2012 21 Pages
Verizon Communications Inc.
Financial Management Analysis

Table of Contents

Executive Summary 4 Mission Statement 5 Vision Statement 5
History 5
Business Summary 9 Financial 10 Employees 10
Products Offered 11 Wireless 11 Enterprise/Mid-Market Business 12 Key Enterprise Products and Services 12 Residential/ Small Business 13 Key Residential and Small Business Products and Services 13
Community Work 14
Fast Facts 15
Customers and Target Market 15
Financial Ratios
Balance Sheet
Balance Sheet Financial Analysis
Income Statement Analysis
Cash Flows Statement and Analysis
WACC Calculation
Financial Planning
…show more content…
Mission Statement "As a leader in communications, Verizon's mission is to enable people and businesses to communicate with each other. We are also committed to providing full and open communication with our customers, employees and investors."

Vision Statement “For our core goals, we decided on just one: To create the most respected brand in communications.”

History Verizon Communications Inc., based in New York City and incorporated in Delaware, was formed on June 30, 2000, with the merger of Bell Atlantic Corp. and GTE Corp. Verizon began trading on the New York Stock Exchange (NYSE) under the VZ symbol on Monday, July 3, 2000. It also began trading on the NASDAQ exchange under the same symbol on March 10, 2010. The symbol was selected because it uses the two letters of the Verizon logo that graphically portray speed, while also echoing the genesis of the company name: veritas, the Latin word connoting certainty and reliability, and horizon, signifying forward-looking and visionary. While Verizon is truly a 21st century company, the mergers that formed Verizon were many years in the making, involving companies with roots that can be traced to the beginnings of the telephone business in the late 19th century. Government regulation largely shaped the evolution of the industry throughout most of the 20th century. Then, with the signing of the Telecommunications Act on Feb. 8, 1996, federal law

Related Documents