Verizon Wireless 2011 Annual Report Download - page 6

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2011 Total Return
Verizon S&P 500
With a high-speed global Internet backbone
and an extensive network of data centers
and connection points around the world,
Verizon has a strong foundation for providing
advanced services and integrated industry
solutions to multinational corporations.
Revenues from enterprise strategic services
grew by more than 15 percent in 2011 and
now make up about 50 percent of our large
business revenues. Most experts see “cloud
services” — that is, storing digital information
in networked servers so it can be delivered
anywhere in the world to any device —
as the next great computing platform for
global businesses. In 2011, we made major
strides to establish ourselves as a leader
in cloud-based services by acquiring two
companies, Terremark and CloudSwitch,
which complement our existing expertise in
managed security services and accelerate our
global IT services strategy. We believe that
no one is better positioned than Verizon to
provide the integrated solutions enterprises
are looking for, and we are very excited about
the potential for growth going forward.
2012 Strategy
As our 2011 performance attests, Verizon’s
assets give us a strong foundation for
growth. In 2012 and beyond, we will build
on our wireless broadband, FiOS and global
Internet backbone networks by putting
together unique, integrated solutions that
can be delivered to any device, giving
customers new ways to manage their
digital lives, transforming how businesses
operate and offering innovative approaches
to society’s most pressing concerns.
This latest phase in Verizon’s transformation
to a global solutions company has already
begun. We will complete our nationwide
build out of 4G LTE by mid-2013 and have
announced our plans to purchase additional
wireless spectrum that will increase our
network’s availability and capacity.
(See page 13 for more information on our rural
broadband initiative.) Spectrum is rocket
fuel for innovation in wireless, and we are
excited about extending our already sizable
lead in LTE by accelerating its benefits
3.3
4.1
4.8
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