Company analysis - Research Paper Example

It is a holding company. The company is a supplier of communications, entertainment, and information services and products to customers, government agencies, and businesses. It functions in two most important segments: Wireline and Verizon Wireless. Verizon Wireless Communications services and products consist of data services, equipment sales, and wireless voice over all United States (Verizon). The services and products of Wireline include internet access, voice, long distance, broadband video and data, network access, Internet protocol network services, and various other services.

The company gives these services and products to consumers of United States, as well as to businesses, carriers, and government consumers in both America and all its one fifty countries globally. Verizon Communications Inc. attained HUGHES Telematics Inc. as well. The long-term source of Verizon value is central role we usually play in industry fundamental to global economy and extremely embedded in customers’ lives. Even though it’s the iconic products that enhance people’s creative strategies, and lives that release new markets and develop technological access.

The associations that endorse initiatives or innovation apply technology to imperative social issues. Verizon is standard-bearer for industry and organizer in giving advantages of our authorizing technology to the global (Verizon). Verizon Communications Inc. ranked number one in industry list of World Most Admired Companies in 2012 Fortune magazine. For Verizon Communications Inc, the philanthropic and technological resources to attend to world’s unmet environmental and social needs are the first priority.

In this procedure, the social innovation that will release new markets, reinforce growth and grow Verizon’s important role in digital world. Verizon Wireless was founded in 2000 as a mutual venture of Verizon Communications and also Vodafone. It is an inventive wireless communications corporation that links businesses and people with innovative wireless technology and also available service (Verizon). Vodafone is also an innovation of Verizon Communications Inc. It is the biggest mobile telecommunications giver in Western hemisphere and accounts for 45% possession of the Verizon Wireless.

Vodafone provides services in thirty countries and networks in more than fifty more. The mission statement of Verizon Inc is As follows: "As a leader in communications, Verizon's mission is to enable people and businesses to communicate with each other. We are also committed to providing full and open communication with our customers, employees and investors." (Verizon). “Vision statement of Verizon Communications Inc is, “Win customers by building wireless, broadband and global IP networks and delivering the innovative products, services, applications and content that transforms lives and empowers businesses and communities.

” (Verizon). Strategic Imperatives At Verizon Communications Inc, the power of technology is used to resolve the impediments any company may face. The Strategic Imperatives are to increase the revenue, customer retention and growth, give bundle services of Television, data, and voice and takes share from the competition. Verizon exploit the weaknesses of cable, outperforms cable on service of customers, give best customer service, and also provided flexibility of installation. Verizon believes in