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Headquarters:
295 N. Maple Ave.
Basking Ridge, NJ 07920
Employees: 86,000
CEO: Lowell MacAdam
Jointly owned by Verizon and Vodafone
Website: http://www.verizonwireless.com
Career Site
Verizon Wireless operates the largest cellular phone service in the nation with 87.7 million customers nationwide.
Verizon Wireless had revenues over $58.6 billion in 2008.
The company sells phones from over 2,000 retail stores and kiosks nationwide and uses CDMA technology. The company launched VCast in 2005, the nation's first wireless broadband multimedia service for consumers offering downloadable videos, games and music.
Verizon Wireless offers a variety of phones and service plans including regular cell phones, touch-screen phones, Blackberrys, push-to-talk phones and mobile broadband devices..
Features offered by Verizon Wireless include: V CAST Music for downloading music, listening to tunes and watching music videos; V CAST for video clips, 3D games and other multimedia services; V CAST Mobile TV for broadcast and cable television live content and programming.
Verizon Wireless has 175 switching facilities and over 23,000 cell sites. Headquarters are in Basking Ridge, NJ.
Regional headquarters are located below:
Northeast - Morristown, NJ
South - Alpharetta, GA
Midwest - Schaumburg, IL
West - Irvine, CA
Verizon Wireless is a joint venture of Verizon Communications and British-based Vodafone. It was launched in April, 2000.
Vodafone is the world's largest mobile telecommunications company, with equity interests in 27 countries and Partner Networks in an additional 40 countries. As of December 2008, Vodafone had approximately 289 million proportionate customers worldwide.
Benefits
Insurance
Medical/dental (full and part-time)
Vision care
Life/AD&D
Disability
Prescription drug benefits
Time away
Paid vacation
Personal days
Holidays
Flexible scheduling
Savings and discounts
401K and profit sharing
Health and dependent care spending accounts
Employee phone discount
Fitness centers at some locations
Family
Employee assistance
Adoption assistance
Education and training
Tuition assistance
On-the-job training
Short-term incentive
As part of our Total Rewards Program, Verizon Wireless provides a yearly short-term Incentive (cash bonus) designed to reward an employee for both Company and individual performance. All regular, full-time and/or part-time employees who are actively at work on the last day of the plan year and are not covered under a sales incentive plan are eligible to participate in the program.
Long-term incentive
Verizon Wireless offers employees Value Appreciation Rights (VARS). Like stock options, VARs allow employees to share in the increasing value of Verizon Wireless. Subject to certain employment eligibility requirements, full-time and part-time employees who work at least 20 hours per week are eligible for this long-term incentive program. It delivers value to you based on the change in the value of the company. If and when the company goes public, VARs may convert into stock options.
Updated July 27, 2009
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