VERIZON

Verizon

Abstract

The paper discusses the background of Verizon Company, highlighting its financial and strategic decisions. Verizon Communications (Verizon) is engaged in providing wireless and wire-line communication services that include a variety of services including voice, network access, broadband data and video services, and global Internet protocol (IP) networks. Verizon has been working hard to sustain its position in the competitive market that challenge with confidence in what they do, pride in their accomplishments and a determination to extend the record of excellence they have built in the 21st century.

Table of Content

Key Facts4

Top Competitors4

History5

Major Products and Services8

SWOT Analysis9

Revenue Analysis10

Revenues by Division10

Revenues by Geography10

Ratio analysis12

Mission Statement Organizational Structure13

Decision Making Strategic13

External Factor Evaluation (EFE)14

Competitive Profiles Matrix (CPM)14

Built or Buy? Decision Making15

Empowered Employees15

Employee Training and Selection16

Motivational Strategic-Identify16

Incentives and Benefits17

Performance Appraisal17

Alternative Work Schedule (AWS)18

Job Design and leadership style18

Positive Experience19

Conclusion20

References21

Company Overview

The U.S. Verizon is a private company listed on the bag, a provider of communication services. It operates through two sectors: national wireless and cable. Verizon puts the best technology available to small and medium enterprises through knowledge and implementation of the latest trends in telecommunications (Colbert 2002). The company currently has a team of interdisciplinary professional's highly qualified specialist with extensive experience in the field of research and development and dedication to customer service. This guarantees their customers

Support and facilitation they required.

Key Facts

Top Competitors

The following companies are the major competitors of Verizon Communications Inc.

Sprint Nextel Corporation

United States Cellular Corporation

AT&T Inc.

T-Mobile USA, Inc.

MetroPCS Communications Inc

Leap Wireless International, Inc.

History

The biggest supplier of products and services for IP telephony in the region, adding value and reduced transcends the operating costs of the activities of our clients. It provides these services to consumers, carriers, and enterprise and government customers, both in the United States and internationally in 150 countries. In 2000, the company acquired One Point Communications and subsequently renamed it as Verizon Avenue. Two years later, Verizon acquired Dobson Communication's wireless operations in California, Georgia, Ohio, Tennessee, and Arizona. Verizon and Price Communications combined the business operations of Price Communications and a portion of Verizon Wireless in 2002. The company acquired Alltel's controlling partnership interest in 2003, a wireless business. In the same year, Verizon Wireless announced the introduction of transatlantic text messaging, enabling the transfer of text messages between the Verizon Wireless CDMA network and Vodafone's GSM networks. The company acquired 50 wireless licenses and related network assets from North coast Communications in mid 2003. In 2004, the company tied up with Avaya to offer communications solutions to small and medium sized business (SMEs).

In 2006, the company completed the spin-off of Idearc (formerly Verizon Information Services). In the same year, Verizon Communications sold Verizon Canada Holdings to a subsidiary of America Movil. Verizon entered into a programming-distribution agreement with Comcast for Comcast Sports Net-Philadelphia and Comcast Sports Net-Philadelphia HD in 2006 (Fraedrich & Ferrell 2006).

Verizon completed the sale of its interest in Telecomunicaciones de Puerto Rico to a subsidiary of America Movil in 2007. In the same year, Verizon Business acquired Cybertrust, a privately held provider of ...