| Rank # of Fortune 500 Companies | |
|---|---|
| Texas | 58 |
| New York | 55 |
| California | 52 |
| Company | Rank |
|---|---|
| Valero Energy | 16 |
| Goldman Sachs | 20 |
| Microsoft | 44 |
 Get Quote: VZ
Financials: Latest Results
Rank: 17 (Previous rank: 13)
Compare tool: Verizon Communications vs. Top 10 CEO: Ivan G. Seidenberg Address: 140 West St. New York, NY 10007 Phone: 212-395-1000 Website: www.verizon.com The second-largest telecom in the United States has relied on its fast-growing wireless business to offset its quickly disintegrating core home phone business, which saw subscribers shrink by 11% last year.
The biggest threat comes from cable companies offering bundles of TV, phone and Internet service. Verizon created its own fiber-optic TV service in 2005 - the "triple play" is offered in select markets and has about 1 million subscribers, far fewer than rivals. One victory: In April, Verizon won an FCC auction for wireless spectrum to build what could be the largest mobile phone network within two years, potentially besting AT&T. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Industry: Telecommunications
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