VerizonA leader in fiber optics, Verizon offers phone, Internet, TV, wireless and service bundles to residential, business, government and wholesale clients.

Innovation

We leverage the transformational power of our networks, technology and people to create long-term business value while addressing critical needs of our communities in smart energy and health care.

Our Progress: Flash Animation

We believe broadband and wireless technologies can transform lives and solve problems in new ways — and the more deeply embedded technology becomes in our society, the more these opportunities to create shared success will grow.

Creating a Sustainable Economy

Verizon’s broadband and mobile technologies are at the heart of the clean economy.

Verizon has significantly expanded its lineup of products and services that enable our customers to be more energy efficient. Among our achievements are:

  • In 2010, we partnered with Cisco and Motorola to roll out more energy efficient set-top boxes for FiOS services. The new boxes use 30% less energy than their predecessors and are packaged in materials that are 100% recyclable.
  • We partnered with Motorola to offer the Citrus — the world’s first certified carbon-free smart phone, and launched two “green” feature phones — the Samsung Intensity II and LG Cosmos Touch.
  • We have partnered with Duke Energy to provide the telecommunications network for Envision Charlotte, a smart energy initiative that aims to reduce energy use in the urban core of Charlotte, North Carolina by up to 20% and avoid approximately 220,000 metric tons of greenhouse gases by 2016.
  • At the end of 2010, Verizon had contracted with more than 20 utilities to connect more than 1 million automated metering and smart grid “endpoints.”
  • A Verizon “Connected Home” home energy management solution was introduced at the Consumer Electronics Show in January 2011. The service will enable customers to monitor activity via networked cameras and set, adjust and control lights, smart thermostats and appliances via smart phone, laptop or FiOS TV.

Solutions for Improved Health Care

Many of the critical steps for improved care depend on fostering collaboration and getting the right information into the right hands — when and where it’s needed. We’re adapting our broadband and mobile technologies to help provide new answers to some longstanding challenges in health care and accessibility.

  • To accelerate the sharing of electronic data in the health care field, Verizon began issuing free medical identity credentials in January 2011 to 2.3 million physicians and health care professionals in the U.S., enabling them to access and share patient information — e.g., records, x-rays, lab results — via electronic health exchanges.
  • Verizon and BL Health care have demonstrated a telemedicine system that uses our 4G wireless network to create a new, more individualized level of remote health care. The new platform connects with blood pressure monitors, scales, pulse readers, glucose meters, EKGs and other medical devices, allowing doctors to remotely view the data while holding an HD videoconference with the patient.
  • A large hurdle to creating an effective national electronic health records system is the inability of health care providers to share the wide range and volume of clinical notes that are produced annually. Verizon’s free Medical Data Exchange solves that problem by providing a platform that enables medical transcription firms to share digitized clinical documents between doctors, hospitals and other health care providers nationwide.
 

Results

Check our results in other focus areas:

What’s Next

Broaden line-up of wireless products/services for seniors and visually-impaired consumers.

Fact:

In 2011, the Verizon Foundation gave $66 million in grants throughout the U.S. focused on advancing health care, domestic violence prevention, education and sustainability.

By the Numbers

 

By the Numbers

Doing More

Verizon Foundation Scholarship Program

Image depicting Verizon Foundation Scholarship Program

Verizon’s commitment to education begins at home — with our employees. The Verizon Foundation Scholarship Program awards the children of employees with college scholarships of $5,000 per year, renewable for three additional years for a maximum of $20,000 over four years.