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Verizon’s strategic investments and focus on new growth opportunities have transformed our company and strengthened our position in the growth segments of the communications, information and entertainment industry. These charts show Verizon’s improving revenue mix from 2004 to 2006. Revenues grew from $65.8 billion in 2004 to $88.1 billion in 2006. During this same period, wireless and global businesses became a much larger percentage of total revenues. This means we’re less dependent on the traditional telephone business and better positioned in the growth areas of broadband, wireless and global IP that are driving the world’s economy forward.
Adjusted revenues in 2004 include those related to our
former Information Services segment and our
Caribbean and Latin American properties which are classified
as discontinued operations, and excludes
revenues related to MCI which was acquired on January
6, 2006.
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