Verizon Wireless 2010 Annual Report Download - page 3

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VERIZON COMMUNICATIONS INC. | 2010 ANNUAL REPORT
Dear Shareowner,
One question lies at the heart of America’s challenge to regain its leadership after
years of economic turmoil: What’s the key to growth and competitiveness? At
Verizon, we answer that question simply and consistently. We have a vision of the
future based on expanding markets for mobility, broadband and video. We invest
capital in network technologies that put us in the center of these growth markets,
and we innovate – on our own and with partners – to deliver new capabilities to
the marketplace and create even more opportunities for growth. We sustained
this investment-and-innovation model throughout the economic downturn,
building scale and capacity in the growth businesses of the future. We focus on
running disciplined, ecient businesses that deliver the benets of these superior
assets to our customers and shareowners. As a result, these vibrant mobile and
broadband businesses are both driving Verizon’s growth and contributing
substantially to the technology base for a renewal of America’s competitiveness in
the innovation economy.
2010 was a standout year in our continuing shift toward growth.
Letter to Shareowners
Ivan Seidenberg, chairman and chief executive officer of Verizon, delivering the opening keynote speech at
the 2011 International Consumer Electronics Show.
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