16. Verizon Communications
To hear CEO-in-waiting Lowell McAdam tell it, Verizon is about to "kick into a higher gear." Why? Outgoing chief Ivan Seidenberg has invested heavily the past few years in next-generation broadband technologies such as FiOS, a high-speed fiber optic service, and LTE, a 4G wireless network. Combined with its growing video and cloud computing services, which should also get a boost from Verizon's purchase of Terremark in January, these businesses now account for three-quarters of sales. Then of course there's the iPhone, which Verizon began selling earlier this year. No wonder the communications giant shrugged off the planned union between AT&T and T-Mobile. --P.N. |
| Key financials |
$ millions |
% change
from 2009 |
| Revenues |
106,565.0 |
-1.2 |
| Profits |
2,549.0 |
-30.2 |
| Assets |
220,005.0 |
— |
| Stockholders' equity |
38,569.0 |
— |
| Market value (3/25/2011) |
105,458.8 |
— |
| Profits as % of |
|
| Revenues |
2.4 |
| Assets |
1.2 |
| Stockholders' equity |
6.6 |
| Earnings per share |
|
| 2010 $ |
0.90 |
| % change from 2009 |
-30.2 |
| 2000-2010 annual growth rate % |
-14.5 |
| Total return to investors |
% |
| 2010 |
22.9 |
| 2000-2010 annual rate |
2.3 |
| 4 | Sprint Nextel | 85 | 32,563.0 | | 5 | DirecTV | 110 | 24,102.0 | | 6 | Time Warner Cable | 137 | 18,868.0 | | 7 | DISH Network | 193 | 12,640.7 | | 8 | Qwest Communications | 209 | 11,730.0 | | 9 | Liberty Global | 255 | 9,667.7 | | 10 | Cablevision Systems | 321 | 7,362.9 | | 11 | Charter Communications | 333 | 7,059.0 | | 12 | CenturyLink | 334 | 7,041.5 | | 13 | Virgin Media | 374 | 6,138.2 | | 14 | NII Holdings | 406 | 5,601.3 | | 15 | Telephone & Data Systems | 450 | 4,986.8 |
|
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