2015 Annual Report As the Connected World Expands, We’Re Asking Ourselves a Critical Question: How Do We Make a Difference for the People Who Count on Us Every Day?
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Recently Ordered Several Verizon Wireless Stores to Strike Certain Employee Handbook Policies
JD–40–17 Philadelphia, PA UNITED STATES OF AMERICA BEFORE THE NATIONAL LABOR RELATIONS BOARD DIVISION OF JUDGES VERIZON WIRELESS, and Case 02–CA–157403 COMMUNICATIONS WORKERS OF AMERICA, AFL–CIO VERIZON NEW YORK INC., EMPIRE CITY SUBWAY COMPANY (LIMITED), VERIZON AVENUE CORP., VERIZON ADVANCED DATA INC., VERIZON CORPORATE SERVICES CORP., VERIZON NEW ENGLAND INC., VERIZON SERVICES CORP. AND VERIZON NEW JERSEY, INC. and Case 02–CA–156761 COMMUNICATIONS WORKERS OF AMERICA (CWA) VERIZON PENNSYLVANIA INC., VERIZON SERVICES CORP., AND VERIZON CORPORATE SERVICES CORP. and Case 04–CA–156043 COMMUNICATIONS WORKERS OF AMERICA, DISTRICT 2-13, AFL–CIO, CLC VERIZON WASHINGTON, D.C. INC., VERIZON MARYLAND INC., VERIZON VIRGINIA INC., VERIZON SERVICES CORP., VERIZON ADVANCED DATA INC., VERIZON SOUTH INC. (VIRGINIA), VERIZON CORPORATE SERVICES CORP. AND VERIZON DELAWARE INC. and Case 05–CA–156053 COMMUNICATIONS WORKERS OF AMERICA, DISTRICT 2-13, AFL–CIO, CLC VERIZON CALIFORNIA INC. AND VERIZON FEDERAL INC., VERIZON FLORIDA INC., VERIZON NORTH LLC, VERIZON SOUTHWEST INC., VERIZON CONNECTED SOLUTIONS INC., VERIZON SELECT SERVICES INC. AND MCI INTERNATIONAL, INC. and Case 31–CA–161472 JD–40–17 COMMUNICATIONS WORKERS OF AMERICA, AFL–CIO, DISTRICT 9 5 Julie Polakoski-Rennie, Esq., for the General Counsel. E. Michael Rossman, Esq. and Elizabeth L. Dicus, Esq., 10 for the Respondents. David A. Rosenfeld, Esq., for the Charging Parties. DECISION 15 STATEMENT OF THE CASE DONNA N. DAWSON, Administrative Law Judge. The Charging Parties, consisting of Communication Workers of American and its named Districts (the Union) filed charges and 20 amendments thereto on various dates ranging from July 15, 2015 through October 20, 2016. -
VERIZON SERVICES CORP. and the INTERNATIONAL BROTHERHOOD of ELECTRICAL WORKERS AFL-CIO LOCAL 2213
AGREEMENT Between VERIZON NEW YORK, INC. and the VERIZON SERVICES CORP. and the INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS AFL-CIO LOCAL 2213 EFFECTIVE June 17, 2016 i Local_2213_2017_v7.indd 1 8/24/17 11:02 AM ii Local_2213_2017_v7.indd 2 8/24/17 11:02 AM CONTENTS Article Agreement .................................................................................Page 1 Recognition ..................................................................................... 1 2 Definitions ....................................................................................... 1 3 Collective Bargaining ....................................................................... 3 4 Waiver, Modification or Amendment ................................................ 3 5 Federal or State Laws ....................................................................... 3 6 Non-Discrimination ......................................................................... 3 7 Copies of Contract ........................................................................... 4 8 Meetings with Management ............................................................. 4 9 Common Interest Forum.................................................................. 4 10 Notification Regarding Union Officers, Executive Board Members, Stewards and Alternates ........................ 5 11 Absence for Union Business............................................................. 5 12 Union Representation ...................................................................... 7 13 Agency -
The History of Verizon Communications
The history of Verizon Communications Verizon Communications Inc., based in New York City and incorporated in Delaware, was formed on June 30, 2000, with the merger of Bell Atlantic Corp. and GTE Corp. Verizon began trading on the New York Stock Exchange (NYSE) under the VZ symbol on Monday, July 3, 2000. It also began trading on the NASDAQ exchange under the same symbol on March 10, 2010. The symbol was selected because it uses the two letters of the Verizon logo that graphically portray speed, while also echoing the origin of the company name: veritas, the Latin word connoting certainty and reliability, and horizon, signifying forward-looking and visionary. While Verizon is truly a 21st century company, the mergers that formed Verizon were many years in the making, involving companies with roots that can be traced to the beginnings of the telephone business in the late 19th century. Government regulation largely shaped the evolution of the industry throughout most of the 20th century. Then, with the signing of the Telecommunications Act on February 8, 1996, federal law directed a shift to more market-based policies. This promise of a new competitive marketplace was a driving force behind Verizon’s formation. Verizon’s formation The mergers that formed Verizon were among the largest in U.S. business history, culminating in a definitive merger agreement, dated July 27, 1998, between Bell Atlantic, based in New York City, and GTE, which was in the process of moving its headquarters from Stamford, Conn., to Irving, Texas. GTE and Bell Atlantic had each evolved and grown through years of mergers, acquisitions and divestitures. -
Verizon Communications Inc. (VZ)
Verizon Communications Inc. Verizon Communications Inc. (VZ) Summary Verizon Communications Inc. is a telecommunications company that offers communications, information, and entertainment products and services to consumers, businesses, and government agencies around the globe. The company was founded in 1983 and is headquartered in New York City, New York. Investment Thesis We are recommending that investors sell Verizon Communications Inc. due to the following reasons: • Growth has stabilized and revenue projections remain flat into the future. Modest revenue growth is heavily speculated on successful 5G product leadership. • Top competitor in the wireless communications industry, AT&T trades at a lower P/E ratio suggesting Verizon may be priced expensively. • A potential merger by Sprint and T-Mobile could pose a threat to Verizon market share, in addition to other technology firms who could enter the market. Risks Potential risks associated with investment in Verizon Communications include: • Future growth heavily tied to 5G network expansion and race against competitors to fully leverage first mover advantage. • Mergers within the telecommunications industry, changing competitive dynamics. • Firms starting to bundle product lines around wireless services, cable and streaming services, 1 | Page and others lowering average revenue per user. Verizon Communications Inc. Company Overview ………………………………………………………………………………………………………………….3 Business Segments ……………………………………………………………………………………………………….3 Wireless.……………………………………………………………………………………………………………4 -
AGREEMENT Between VERIZON NEW ENGLAND INC., VERIZON CORPORATE SERVICES CORP
AGREEMENT between VERIZON NEW ENGLAND INC., VERIZON CORPORATE SERVICES CORP. and TELESECTOR RESOURCES GROUP, INC. d/b/a Verizon Services Corp. And COMMUNICATIONS WORKERS OF AMERICA AFL-CIO LOCAL 1400 EFFECTIVE: June 17, 2016 Agreement between VERIZON NEW ENGLAND INC. VERIZON CORPORATE SERVICES CORP. and TELESECTOR RESOURCES GROUP d/b/a VERIZON SERVICES CORP. AND COMMUNICATIONS WORKERS OF AMERICA (A.F.L. - C.I.O.) Local 1400 The following sets forth the understandings reached by the above parties after regional and local negotiations of changes to existing collective bargaining agreements on wages, hours, terms and conditions of employment. IN WITNESS WHEREOF, the parties to this Agreement hereby agree to be bound by this Agreement and have caused this Agreement to be executed in their names by their duly authorized representatives. FOR THE UNION FOR THE COMPANY ____________________ ____________________ CWA International Representative Chairperson, CWA Bargaining Committee ____________________ President – CWA Local 1400 i TABLE OF CONTENTS Article Page Agreement and Duration of Agreement viii 1 Recognition 1 2 Non-Discrimination 2 3 Amendments 2 4 Definitions 2 5 Union Security 5 6 Deduction of Dues 6 7 Union Bulletin Boards 6 8 Wage Rate and Wage Progression 7 9 Work Schedules and Tours 10 9A Four Day Work Week 12 9B Split Tours 12 9C Job Share 13 10 Wage Rate Length of Service 14 11 Seniority 14 12 Transfer and Promotion Procedures 15 13 Promotional Increases 16 14 Types of Transfers 17 15 Force Adjustment Plan 17 15A Force Reduction -
Metropolitan Telecommunications of PA D/B/A Mettel Supplement No
Metropolitan Telecommunications of PA d/b/a MetTel Supplement No. 26 Tariff-Telephone Pa. P.U.C. No. 1 24rd Revised Page No. 1 Canceling 23rd Revised Page No. 1 COMPETITIVE LOCAL EXCHANGE CARRIER Metropolitan Telecommunications of PA d/b/a MetTel COMPETITIVE LOCAL EXCHANGE CARRIER RESALE AND FACILITIES-BASED TARIFF Regulations and Schedule of Charges The Company will mirror the exchange area boundaries as stated in the tariffs of Verizon Pennsylvania Inc. Telephone Pa. P.U.C. No. 180A, 182, 182A, 185B and 185C; Verizon North LLC Telephone Pa P.U.C. No. 1, 3, 5, and 6; The United Telephone Company of Pennsylvania LLC d/b/a CenturyLink Pa. P.U.C. No. 27; Citizens Telecommunications of New York, Inc. P.U.C. No. 2; Frontier Communications of Breezewood, LLC, P.U.C. No. 5; Frontier Communications of Canton, LLC, P.U.C. No. 3; Frontier Communications of Commonwealth, LLC, P.U.C. No. 24; Frontier Communications of Lakewood, LLC, P.U.C. No. 5; Frontier Communications of Oswayo River, LLC, P.U.C. No. 5; Frontier Communications of Pennsylvania, LLC, P.U.C. No. 14; Windstream Pennsylvania, LLC, P.U.C No. 7; Windstream Buffalo Valley Inc., P.A.P.U.C. No. 7; Windstream Conestoga, Inc., P.A.P.U.C. No. 10 and Windstream D&E, Inc., P.A.P.U.C. No. 15. The Company’s tariff is in concurrence with all applicable State and Federal Laws (including, but not limited to, 52 Pa. Code, 66 Pa. C.S. and the Telecommunications Act of 1934, as amended), and with the Commission’s applicable Rules and Regulations and Orders. -
Belltel Retiree
2016 Spring Belltel.qxp_12pages 2/5/16 1:28 PM Page 1 BELLTEL RETIREE The Official Newsletter for Union and Management Retirees and Employees of Bell Atlantic, GTE, Idearc/SuperMedia/DexMedia, NYNEX, MCI, Verizon and its Subsidiaries. Paid for by contributions from Verizon and Idearc/SuperMedia/DexMedia retirees. Spring 2016 Volume 77 BellTel Retirees Score Key Ally Association Pushes Feds On Pension Fiduciary In U.S. Supreme Court Case Conflict Rule he Association of BellTel Retirees has added its voice to the impor- Ttant effort to crack down on pen- sion fiduciaries’ conflicts of interest. In a letter to the U.S. Department of Labor (DOL), the Association has thrown its support behind an effort to tighten rules on those who serve as fiduciaries, to ensure they are obligated to put the best interests of clients ahead of their own profits. The White House Council of Economic Advis- ers determined that conflicts of interest among major ally was secured in the have standing to seek action. investment advi- Association of BellTel Retirees “In the context of defined benefit sors directly lead to about 1 percentage AUnited States Supreme Court pension plans, this could mean that par- point in annual losses for retirement legal challenge against Verizon over its ticipants could not seek redress for fidu- savers, costing about $17 billion per year. jettisoning of 41,000 management ciary mismanagement until they have The Council also calculates that an indi- retirees out of its federally protected pen- been deprived of their benefits,” the vidual could lose an astonishing 25 per- sion plan and the company’s use of $1 Center wrote in its filing, “at which point cent of his or her savings over the course billion in pension funds to pay non-relat- of 35 years. -
Verizon New York 2016 Annual Report: Follow the Money: Financial Analysis and Implications
Verizon New York 2016 Annual Report: Follow the Money: Financial Analysis and Implications Part of the “Fixing Telecom” Report Series Bruce Kushnick Tom Allibone David Bergmann, Esq. Paul Hartman Fred Goldstein W. Scott McCollough, Esq. Chuck Sherwood Kenneth Levy, Esq. June 22nd, 2017 1 Table of Contents Backdrop and History Executive Summary Summary of the Findings Some of the Data 1) Break Out of Revenue and Expenses by Category as a Percentage 2) Corporate Operations Expense 3) The FCC Big Freeze Demonstrated Starkly 4) Access and Special Access Services 5) Access Service Profits 6) FCC Subscriber Line Charge Increases? 7) Wireless Questions: How Much Should Verizon Wireless Pay Verizon NY? 8) Wireless Issues: Cross-Subsidies 9) Access Line Accounting Manipulation 10) Rate Increases over the Last Decade were Created Based on Made Up “Losses” and Non-Existent Fiber Optic Deployments. 11) Recalculation of Local Service Expenses Based on Revenues 12) Recalculation of Access Service Expenses Based on Revenues 13) Verizon Gamed the Regulatory System in a Myriad of Ways and the FCC and State Commissions Were Negligent in Their Duties to Protect the Public Interest. 14) Why the Distorted Accounting Matters. 15) This is Happening in Every State: Corporate Operations Expense 2 EXHIBITS Exhibit 1 Verizon NY Revenues and Major Expenses by Category, 2016 Exhibit 2 Verizon New York, 2016, Percentages of Revenues & Expenses by Category Exhibit 3 Verizon Corporate Operations Expense, 2016 Exhibit 4 Verizon NY Local Service Revenues vs Corporate Operations, 2003-2014 Exhibit 5 Verizon NY Local Service Corporate Operations Expense 2003-2014 Exhibit 6 Verizon NY’s Local Service Revenue vs Corporate Operations as a %, 2016 Exhibit 7 Verizon NY, 2016 Network Access Services Revenues Exhibit 8 Verizon NY, 2016 Network Access Services Revenues Vs Expenses Exhibit 9 FCC Line Charge, Revenues, Lines Annual, Monthly Revenues, 2015-2016 Exhibit 10 Verizon Wireless Payments to Verizon New York, 2016 Exhibit 11 Est. -
UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2014 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-8606 Verizon Communications Inc. (Exact name of registrant as specified in its charter) Delaware 23-2259884 (State or other jurisdiction (I.R.S. Employer Identification No.) of incorporation or organization) 1095 Avenue of the Americas New York, New York 10036 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (212) 395-1000 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange Title of each class on which registered Common Stock, $.10 par value New York Stock Exchange The NASDAQ Global Select Market London Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
Your Pension Plan Benefits
Your Pension Plan Benefits New York and New England Component of the Verizon Pension Plan for Associates (7/17) Table of Contents Your Pension Plan Benefits .....................................................................1 Verizon Pension Plan for Associates ............................................................................ 1 About this SPD ............................................................................................................. 1 Contact information....................................................................................................... 2 Getting more information .............................................................................................. 3 Changes to the Plan ..................................................................................................... 4 Participation and Service .........................................................................5 Eligibility........................................................................................................................ 5 When participation begins ............................................................................................ 5 How service is counted................................................................................................. 6 How your benefit is determined.............................................................13 Basic benefit formula .................................................................................................. 13 Pension band basic monthly -
Donald-Conklin-IDT.Pdf (1.582Mb)
The Synchronological Charting of The Evolution of Electronic Communications The Synchronological Charting of The Evolution of Electronic Communications A Master’s Thesis Project Presented to The Information Design and Technology Program In Partial Fulfillment of the Requirements for the Master of Science Degree State University of New York Polytechnic Institute By Donald Conklin May 2019 i The Synchronological Charting of The Evolution of Electronic Communications SUNY POLYTECHNIC DEPARTMENT OF COMMUNICATIONS AND HUMANITIES CERTIFICATE OF APPROVAL Approved and recommended for acceptance as a thesis in partial fulfillment of the requirements for the degree of Master of Science in Information Design and Technology _______________________________________ DATE ____________________________________________ Russell Kahn, PhD Advisor ____________________________________________ Kathryn Stam, PhD Second Reader ii The Synchronological Charting of The Evolution of Electronic Communications ABSTRACT From 1850s to the present time, electronic communications have been evolving from the analog transmission of harmonics over a singular wire connected to boxes with a single hole for transmitting and receiving to texting, FaceTime, Facebook, and twitter. This evolution did not follow a direct path from A to B; instead, it took a winding and interlocking path. This path is represented via a timeline that textually analyses the data collected, and through graphical interpretation, depicts the history of the path. With this one should be able to see the growth of the enterprises through history, which is shown horizontally, as well as the different variables that affected their growth along the way, depicted vertically. Both of these variables are depicted on one chart, from the same vantage point. This timeline not only shows the path of growth of the technology and its enterprises but also the interrelations of the different enterprises and how either technology, politics, or geographic presence influenced this swath.