VERIZONBy Skylar King, Collen Kelley, and T About Verizon? ■ A global leader delivering innovative communication and technology solutions that improve the way customers live, work and play. ■ is one of the largest communication technology companies in the world – Americans #1 network, five times in a row ■ 177,300 employees ■ There are 2,330 Verizon stores http://merchandisingmatters.com/2012/04/04/ verizon-opens-debut-tri-lingual-fios-store/ Best Products ■ Devices – Smartphones, basic phones, tablets, internet devices, home services – The company has a retail customer base of 108.2 million subscribers, including 102.1 million postpaid subscribers ■ Power the nation’s largest and most reliable 4G LTE network. ■ Enable industry-specific solutions for new global opportunities. ■ Offer the largest all-fiber network for residences and small business. ■ Accessories – Cases and protection, batteries and chargers, audio, wearable technology and car and travel http://www.pure-gear.com/whatsup ■ ■ Future Products/ Research Incubator of new products and services will help bring the future to our customers – Using our network to make breakthroughs in interactive entertainment, digital media, the Internet of Things and broadband services. And with the addition of AOL in 2015, our content, advertising and cross-platform media capabilities are stronger than ever. – ■ Year-to-date financial highlights – • Reported diluted earnings per share: $4.37 – • Net cash provided by operating activities: $38.9 billion – – ■ ■ Internet pioneer AOL • Declared dividends per share: $2.23 • Shares outstanding: 4.1 billion Corporate responsibility (2014) – • $10.3 million donated by employees to schools and nonprofits – • Nearly $10.9 million given through Verizon’s matching gifts program – • 11.4 million+ phones collected through HopeLine Employees and diversity http://fortune.com/2015/06/24/veri zon-gains-aol/ – • $293 million spent on training and development in 2014 – • Ranked No. 1 on “Top 50 Employers List” in Equal Opportunity Magazine – • Ranked No. 1 employer for military veterans on Military Times Best for Vets Research ■ Are guided by true leaders. –Verizon is managed by a deep and experienced bench of executive leaders with a proven track record of deploying the latest technology and delivering results for customers and shareowners. ■ Give back to our communities. –We aim to make a positive impact on society and leave a small footprint on the environment. From working to improve education and healthcare to evolving our own sustainable business practices, we share our success with the community to make the world better. ■ Agreat place to work. –Integrity is at the core of who we are, what we do and how we operate. Our culture is built on our Credo—a strong foundation of values we practice every day to make Verizon a great place to work. Stock Performance 1 year ago 2 years ago 5 years ago Price/Earning Ratios and • The price/earnings ratio is a Dividends widely used stock evaluation • Verizon is estimated to have the same p/e ratio for this year • The p/e ratio is expected to go down within the upcoming years http://www.verizon.com/about/investors/stoc k-information Profits and Cost Structure http://www.marketwatch.com/investing/stock/vz/financials Expert Quotes “According to the J.D. Power and Associated 2013 U.S. Wireless Customer Care Full Service Perfomance Study” “Ranked highest in customer care satisfaction for the fourth reporting period in a row” “For long term investments, I look for an upward trend in sales and earning, starting in results for verizons past quarters” –Kenneth Fick http://images.pcworld.com/images/article/2012/04/ wireless_quote_verizon-11348252.jpg Leadership In Verizon Lowell C. McAdamCEO ■ Bachelors degree in engineering from Cornell University ■ Masters degree in business administration from the University of San Diego ■ “named to the top executive serving Verizon since 2006 as the chief operating officer” (https://en.wikipedia.org/wiki/Lowell_McA dam) https://en.wikipedia.org/wiki/Lowell_McAdam#/medi a/File:Lowell_McAdam_at_Fortune_Brainstorm_TECH Leadership in Verizon Roy H. ChestnuttExecutive Vice President http://www.verizon.com/about/our-company/roy-h-chestnutt ■ Earned MBA from the University of San Francisco ■ B.S. in business administration from San Jose University ■ “he is responsible for development and implementation of Verizon's overall corporate strategy” (http://www.verizon.com/about/ourcompany/roy-h-chestnutt) Competition ■ Verizon wireless is the leading cell phone network today and the business continues to make smart decisions so they remain in the lead. ■ Recently they have – Changed their data prices – Allowed discounts on monthly charges – And a chance to add more phones for a lower price on a persons line if they have a certain plan http://stopthecap.com/wp-content/uploads/2011/09/chartwireless-competition.top_.gif Filling a new niche’ Verizon stores sell a wide range of products From phones, to tablets to Wi-Fi hotspots and much more Customers want to see deals and affordable plans/costs $5 Daily Plan Verizon announced cut priced Android tablet and launched a new reduced price data plan to go with it Daily Plan offers up to 300MB of data for $5. Future • Verizon had a dividend of $2.23 which is a 3.24% increase from 2015. • The expected dividends for the upcoming fiscal year is http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=VZ:NYQ an increase of 2.29% http://markets.ft.com/research/Markets/Tearsheets/Forecasts? s=VZ:NYQ http://markets.ft.com/research/Markets/Tearsheets/Forecasts? s=VZ:NYQ Good buy? • Yes, the price per stock is $1.02 in March of 2016 • The price goes up because there is more demand for the Verizon stock http://www.thestreet.com/quote/VZ/details/earning s-estimates.html Works Cited ■ "About Verizon." About Verizon. N.p., n.d. Web. 02 Mar. 2016. <http://www.verizon.com/about/>. ■ Fac, .. Fast. "Verizon Fact Sheet." A Clear Purpose. A New Identity. (n.d.): n. pag. Web. 2 Mar. 2016. <https://www.verizon.com/about/sites/default/files/Verizon_Fact_Sheet.pdf>. ■ "Topic: Verizon Communications." Www.statista.com. N.p., n.d. Web. 02 Mar. 2016. <http://www.statista.com/topics/2599/verizon-communications/>. ■ "Verizon Communications." Forbes. Forbes Magazine, n.d. Web. 02 Mar. 2016. <http://www.forbes.com/companies/verizoncommunications/>. ■ Hoffelder, Nate. "Verizon Launches $5 Daily Data Plan for Tablets | The Digital Reader." The Digital Reader. N.p., 22 Nov. 2013. Web. 02 Mar. 2016. <http://the-digital-reader.com/2013/11/22/verizon-launches-5-daily-data-plan-tablets/>. ■ Brodkin, Jon. "Verizon Wireless Feeling Heat of Competition, Cuts Data Prices." ARS Technica. N.p., Jan.-Feb. 2015. Web. 04 Mar. 2016. <http://arstechnica.com/business/2015/02/verizon-wireless-feeling-heat-of-competition-cuts-data-prices/>. ■ "Executive Bios." Verizon Leadership Executive Biographies. N.p., 23 June 2014. Web. 04 Mar. 2016. <http://www.verizon.com/about/our-company/executive-bios>. ■ "Lowell McAdam." Wikipedia. Wikimedia Foundation, n.d. Web. 04 Mar. 2016. <https://en.wikipedia.org/wiki/Lowell_McAdam>. ■ "Verizon Ranks First in J.D. Power's Customer Ratings." BBB Consumer News and Opinion Blog. N.p., n.d. Web. 08 Mar. 2016. <http://www.bbb.org/blog/2013/02/verizon-ranks-first-in-j-d-powers-customer-ratings/>.