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VZ » Topics » Unless otherwise indicated, all information is as of February 26, 2008

These excerpts taken from the VZ 10-K filed Feb 28, 2008.

Unless otherwise indicated, all information is as of February 26, 2008

Table of Contents

PART I

Item 1.    Business

 

General

 

Verizon Communications Inc. (Verizon) is one of the world’s leading providers of communications services. Formerly known as Bell Atlantic Corporation, we were incorporated in 1983 under the laws of the State of Delaware. We began doing business as Verizon Communications on June 30, 2000 following our merger with GTE Corporation. We completed our merger with MCI on January 6, 2006, and its operations are now part of our wireline business. Stressing diversity and commitment to the communities in which we operate, we have a highly diverse workforce of approximately 235,000 employees.

 

Our principal executive offices are located at 140 West Street, New York, New York 10007 (telephone number 212-395-1000).

 

We have two primary reportable segments, Wireline and Domestic Wireless, which we operate and manage as strategic business segments and organize by products and services. These segments and principal activities consist of the following:

 

Wireline

  

Wireline communications services include voice, Internet access, broadband video and data, next generation Internet protocol (IP) network services, network access, long distance and other services. We provide these services to consumers, carriers, businesses and government customers both domestically and internationally in 150 countries.

Domestic Wireless    

 

Domestic Wireless’s products and services include wireless voice, data products and other value-added services and equipment sales across the United States.

 

The following portions of the 2007 Verizon Annual Report to Shareowners are incorporated into this Report:

 

•  

“Overview” on pages 18 through 19;

 

•  

“Segment Results of Operations” on pages 23 through 27 and in Note 17 to the Consolidated Financial Statements on pages 66 through 68; and,

 

•  

“Discontinued Operations” and “Extraordinary Item” included in “Consolidated Results of Operations” on page 23.

 

Wireline

 

Unless otherwise indicated, all
information is as of February 26, 2008





Table of Contents










PART I

Item 1.    Business

 








General

 

Verizon
Communications Inc. (Verizon) is one of the world’s leading providers of communications services. Formerly known as Bell Atlantic Corporation, we were incorporated in 1983 under the laws of the State of Delaware. We began doing business as
Verizon Communications on June 30, 2000 following our merger with GTE Corporation. We completed our merger with MCI on January 6, 2006, and its operations are now part of our wireline business. Stressing diversity and commitment to the
communities in which we operate, we have a highly diverse workforce of approximately 235,000 employees.

 

ALIGN="justify">Our principal executive offices are located at 140 West Street, New York, New York 10007 (telephone number 212-395-1000).

SIZE="1"> 

We have two primary reportable segments, Wireline and Domestic Wireless, which we operate and manage as strategic business
segments and organize by products and services. These segments and principal activities consist of the following:

 
















SIZE="2">Wireline

 

Wireline communications services include voice,
Internet access, broadband video and data, next generation Internet protocol (IP) network services, network access, long distance and other services. We provide these services to consumers, carriers, businesses and government customers both
domestically and internationally in 150 countries.

Domestic Wireless    

 

Domestic Wireless’s products and services include wireless voice, data
products and other value-added services and equipment sales across the United States.

 

The following portions
of the 2007 Verizon Annual Report to Shareowners are incorporated into this Report:

 






• 

“Overview” on pages 18 through 19;

 






• 

“Segment Results of Operations” on pages 23 through 27 and in Note 17 to the Consolidated Financial Statements on pages 66 through 68; and,

 






• 

“Discontinued Operations” and “Extraordinary Item” included in “Consolidated Results of Operations” on page 23.

 








Wireline

 

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 28, 2008

RELATED TOPICS for VZ:

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