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Verizon corporate overview
1. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.
CORPORATE
OVERVIEW
Updated April 24, 2014
2. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 2
• The best, most reliable networks in the
industry
– The largest U.S. wireless company with
the largest 4G LTE network
– The largest and fastest all-fiber network
in the U.S.
– One of the largest, most reliable and
secure global networks
• 2013 revenues of $120.6 billion
• #16 on the Fortune 500 (2013)
• More than 176,900 employees
worldwide
ABOUT VERIZON
Using technology to address big challenges
Verizon Innovation Center in San Francisco, CA
3. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 3
UNSURPASSED NETWORK LEADERSHIP
As of March 31, 2014
2013 revenue of $81.0 billion2013 revenue of $81.0 billion
103.3 million retail connections103.3 million retail connections
549K net retail connections in 1Q’14549K net retail connections in 1Q’14
Total retail churn only 1.37%Total retail churn only 1.37%
1,900+ company stores and kiosks1,900+ company stores and kiosks
Verizon WirelessVerizon Wireless
4G LTE network covers 97 percent of
the population in 500+ U.S. markets
4G LTE network covers 97 percent of
the population in 500+ U.S. markets
2013 revenue of $39.2 billion2013 revenue of $39.2 billion
6.2 million FiOS Internet subscribers6.2 million FiOS Internet subscribers
5.3 million FiOS Video subscribers5.3 million FiOS Video subscribers
Operations in 19 states and D.C.Operations in 19 states and D.C.
Serving 99% of the Fortune 1000Serving 99% of the Fortune 1000
Verizon WirelineVerizon Wireline
Global IP network serves 2,700 cities
in 150+ countries
Global IP network serves 2,700 cities
in 150+ countries
4. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 4
LOWELL MCADAM, CHAIRMAN & CEO
Creating new growth opportunities for our company
“We believe that converged services provide
a path to sustainable growth and competitive
advantage for Verizon – opening new
markets and taking us where others can’t go.
Even more broadly, we’re committed to using
these innovative solutions to provide
powerful answers to the most challenging
issues facing our planet such as education,
energy and healthcare – and to doing
everything we can to mobilize the tech
industry to help.”
2013 Verizon Annual Report – Chairman’s Letter
5. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 5
• Largest wireless company in the U.S.,
serving 103.3M retail customers
• Largest 4G LTE network in America
– First tier-one provider in the world to
build and operate a 4G LTE network
– Available in more than 500 U.S.
markets, covering 97 percent of the
population
• Unsurpassed customer loyalty,
profitability and cost efficiency
VERIZON WIRELESS
The most advanced wireless technology and services
6. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 6
• 100% fiber-optic connection for
advanced video, Internet and digital
phone services
• Verizon FiOS is the fastest, most
reliable broadband network in America
– #1 Internet provider in customer
satisfaction, with download speeds up to
500 megabits per second
– Named by PCMag.com as the fastest
residential broadband service in U.S.
– Highest quality HD entertainment
RESIDENTIAL SERVICES
Transforming our customers’ broadband experience
7. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 7
ENTERPRISE SOLUTIONS
Creating connections that advance global business
• A global IP leader and network-based
partner for delivering communications
and IT solutions
• One of the most connected backbone
networks in the world
• Verizon Terremark offers advanced
cloud and security services
• Verizon Telematics provides leading
machine-to-machine platform
• Expanding the capacity of our global
network to 100 gigabits per second for
future growth in video/data traffic
8. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 8
• Creating a platform for long-term
growth for our customers,
shareowners and society
• Using our talent and technology to
address society’s biggest challenges
• Focusing on finding new ways our
technology can improve healthcare,
education and energy management
• Focusing our philanthropic resources
on becoming a channel for innovation
and social change
DEDICATED CORPORATE CITIZEN
Applying innovative technology to social issues
9. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 9
• Reducing our carbon emissions
through network, fleet and building
efficiency initiatives
• Powering facilities and cell sites with
wind, solar and other alternative
energy sources
• Working with our suppliers to make
our supply chain more sustainable
• Giving customers control over energy
usage with broadband technologies
for connected homes, smart grids, and
vehicle fuel efficiency
REDUCING OUR CARBON FOOTPRINT
Addressing long-term energy challenges
10. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 10
• Training magazine: #1 for best training
program
• Diversity MBA magazine: #1 for Best
Places for Diverse Managers & Women
to Work
• Working Mother magazine: #9 for Best
Companies for Multicultural Women
• National Assoc. of Female Executives:
#10 for Women in Leadership
• Latina Style magazine: #7 for best
companies for Latinas to work
• G.I.Jobs.com: #3 on Top Military Friendly
Employers
A GREAT PLACE TO WORK
Providing a rewarding culture and great careers
11. Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement. 11
• We believe in the power of technology
to build a better future
• The reach and power of our wireless,
broadband and cloud networks
provide an unparalleled platform to
deliver solutions that provide social
benefit and economic growth
• We’re working closely with inventors,
innovators and entrepreneurs to tackle
some of society’s biggest issues and
opportunities
CREATING POWERFUL ANSWERS
Finding solutions to the world’s biggest challenges