Competitive Business Environment At & T And Verizon

In business, market structure plays an important role, which helps to shape the competitive landscape for businesses at all levels. Each business industry will naturally form a market structure that comes in numerous forms: Perfect competition, monopolistic competition, oligopoly, or monopoly. Verizon Wireless is a well-known communications company and large enough to affect the market. Oligopoly is defined as a market in which only a few firms dominate, and judging from Verizon competition there are only a few firms involve: T-Mobile, AT&T and Sprint. With only few competitors involve the barrier to entry is high, but there still lies a large pool of customers. The barriers are high because of the amount of money that has to into the infrastructure

Verizon Wireless may be losing at least one competitive advantage as a result of lack of knowledge about how employee benefits packages in the wireless industry compare. Studies have shown that valuable employees and top talent candidates are highly influenced by employee benefits packages considered to be good (Paterson, 2013). The leadership team’s determination and call for organizational growth, translates to both retaining current employees and enticing new candidates to join, an area in which a top employee benefits package is a major contributor. With this consideration, and factoring in the problem of a lack of updated information, it was determined that there was a critical need for a current benefits package comparison. The

Verizon is a major telecommunication provider in the United States. The company is the market leader, with $110 billion revenue and $2.4 billion in profit (MSN Moneycentral, 2012). Verizon has steady revenue streams that are largely based on a subscription model. It has several business segments, including wireless (63.3% of revenues) and wireline (36.7%) (2011 Verizon Annual Report). Most of this report will therefore focus on the wireless business, not only because this is the largest business that the company operates but because it is a rapidly growing and evolving business as well, a function of the rapid pace of smartphone adoption in America.

1. Mission, vision, and primary stakeholders Verizon's corporate mission statement is published in the introduction to the 2010 report, "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, 2011a, p. i.). This conveniently outlines the primary stakeholders, with customers owning the service delivered through contracts they commit to, employees obviously having a stake in compensation, benefits and retirement, and investors including institutions as well as individuals. Other stakeholders include the general public who benefit from corporate giving and responsibility, and the suppliers and distributors, their shareholders and employees who earn profit and wages generated directly and indirectly as part of the Verizon value chain, and perhaps the taxpayers who enjoy public services from direct and indirect (capital gains) taxes thereby.

The company, I'm representing is Verizon. Verizon offers consumers many products and services for the home, business and even wireless products. Verizon's products that are offered for the home includes but are not limited to FiOS Internet, FiOS TV, FiOS Digital Voice, Standard DSL and home phone, Internet security, text support, and many wireless options to choose from ("FiOS - High Speed Internet, FiOS TV, Digital Voice | Verizon"). The target market for Verizon's customers is everyone! Verizon wants to be a brand name in the home of family and provide all families needs from the cable they watch to the mobile device they speak on. Verizon's goal is to ultimately own the home of consumers.

You would not buy a home, car or other large purchases without researching what product offered you the most for your money. The same is true when investing in a company. Investors do avid research on multiple companies to find what company matches the investors' criteria. In this paper Team C will research both AT&T and Verizon's financial documents. Team C will compare selected ratios, cash flow and make recommendations how both companies can manage cash flow for the future.

AT&T offers Health plans ranging from dental, vision, disability, AT&T employee assistance plan. Financial plans that are available are pension plans, savings plan, and flexible spending accounts. Tuition aid leaves of absence. Employee discounts on AT&T products and services.

In this new era of internet and cellphones one of the biggest battles that can be easily seen just by perusing the internet or watching a bit of television is the clash for who will provide us with these newly acclaimed necessities. The two biggest players in the industry these days appears to be Verizon and AT&T. Other big companies, such as Sprint and T-Mobile, are also key competitors, but it seems like Verizon and AT&T vide for the top. Today, we can’t even go a single commercial break without seeing at least one ad for one of these two companies try to convince us to switch to their services. Even though it’s fairly easy to say that there are only really three or four major competitors in this field, there are definitely several smaller

Situation Analysis External Factor and Internal Factor Evaluations- Verizon Communications is an American broadband and telecommunications company. It began in 1983 as Bell Atlantic, then in 1997 merged with NYNEX, acquiring GTE in 2000 and continuing growth and market share, particularly in the cell phone industry. The company's 2011 revenues were almost $111 billion, with a net income of $2.4 billion. Version has about 188,000 employees (2011 Annual Report, 2012). Because of their longevity in the industry, as well as their proactive stance on numerous regulatory issues over the past decades, Verizon Communications is well-poised for 21st century needs. While their reputation is stunning, there are various micro and macro forces that shape their strategic planning process. However, Verizon spends between $15-20 million per annum on capital expenditures, necessary to maintain their competitive advantage. The must continue to invest in their network, infrastructure, improve 4G LTE and improve time to market on new technologies and devices (Frederick, et al., 2010).

Nextep is a Professional Employer Organization that represents hundreds of companies with thousands of employees. One of Nextep’s main objectives is to work with companies to develop a long-term, cost-saving benefits strategy to grow and strengthen their business over time, through large group buying power. They offer a complete employee benefits package, which is up there with the fortune 500 companies.By partnering with Nextep, their clients are able to move emphasis from transactional and administrative responsibilities back to their core business. Changing these responsibilities to Nextep allows their clients to focus on what the main priority is, enhancing the bottom line. Working with Nextep allows you to only have one bundle solution

A competitive organization understands the need for a skilled and loyal workforce. In order to attract and retain top talent, many organizations offer innovative and creative employee benefit packages. It enhances an attractive salary and creates a niche for the employer. An organization that is aware of the dynamics of its workforce will be in step with the innovations in employee benefits. Technology, global workforces and diversity have made it necessary for companies to review

Verizon’s (VZ) Dividends Are Safe; But Its Peer looks to be in A Better Position

Verizon Communication’s (NYSE:VZ) stock is popular among dividend investors, who are looking for steady stream of income along with share price appreciation. Though, Verizon offers a strong dividend yield of more than 4.5%, the rate of dividend growth appears less enticing. Verizon’s average dividend growth in the last three years was standing around 2.5%, making it a slow dividend income growth stock.

AT&T Mobility offers a wide variety of wireless voice and data services over one of the nation's largest digital voice and data networks. AT&T also offers GoPhone prepaid wireless services, including an all-inclusive talk, text, and Web service, priced at $50 per month. The company also markets a wide range of voice and data devices that can connect to its Mobile Broadband Network.

Verizon Wireless is the nation’s second largest wireless provider. With 67 million subscribers, Verizon trails the largest wireless provider, AT&T, by only 4 million subscribers. The business is a joint venture of Verizon Communications and Vodafone PLC, officially named Cellco Partnership, and operates as Verizon Wireless. Verizon Communications is the majority shareholder with a 55% share.