verizon wireless company
DESCRIPTION
This is my powerpoint on the Verizon Wireless CompanyTRANSCRIPT
Verizon Wireless Company
BY: Chris ChagnonBy: Chris Chagnon
Verizon’s BusinessVerizon is the seller of wireless cell phones and
services for America
Have over 79,000 employees nationwide
Own over 2000 stores
Are keeping an average of 101.1 million customers
History of the Company 1960-1990
1962- United States sends up a telecommunication satellite, sending the first short television clip between the U.S. and France
1968- Bell system works with fire chiefs, police officers, and the courts to set up the 9-11 service
History of the Company 1990-2000
1991- GTE buys Contel Corp. making it the 6th largest wireless provider in the United States
1999- Bell merges with Vodafone to create the largest wireless company in the united states
History of the Company 2000-Now
2000- Verizon Wireless Company is born by Bell Atlantic and GTE merging.
2004- Verizon Wireless joins the Dow Jones Industrial Average
2009- Verizon Wireless buys Alltel
SWOT Analysis of Verizon: StrengthsVery popular throughout America because of its
marketing
Strong network
Steadily growing as a corporation
Are spreading to businesses
Amazing internet coverage
Keeping up with high technological phones
SWOT Analysis of Verizon: Weaknesses
Their only coverage only goes throughout the United States- not a worldwide company yet
Coverage does not cover all of America
SWOT Analysis of Verizon: Opportunities
Can further expand into other countries
Can buy other smaller phone companies to expand
Possible expansion into conferencing availability
New phones and products coming out every year
SWOT Analysis of Verizon: Threats
Big competition market to be in
May be a threat of other companies merging to compete
Economy can bring down business
StockCompany Tracking started on September 14th
The Stock for Verizon Wireless Company started at 31.5
The highest the stock went to was 34.1
The stock ended at 32.4
Total gain for the company was 1.26 points
14-S
ep
16-S
ep
18-S
ep
20-S
ep
22-S
ep
24-S
ep
26-S
ep
28-S
ep
30-S
ep2-
Oct
4-Oct
6-Oct
8-Oct
10-O
ct
12-O
ct
14-O
ct
16-O
ct
18-O
ct
20-O
ct
22-O
ct
24-O
ct
26-O
ct
28-O
ct
30-O
ct29.5
30
30.5
31
31.5
32
32.5
33
33.5
34
34.5
Stock Price
Stock Price
Works Cited
No Author. (Februrary 2010). Verizon Wireless Interactive Timeline. www.investor.verizon.com. Retrieved 11/15/2010, http://investor.verizon.com/profile/history/