Verizon Communications (VZ) Q1 2016 Results - Earnings Call Transcript

Apr. 21, 2016 2:29 PM ETVerizon Communications Inc. (VZ)
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Verizon Communications, Inc. (NYSE:VZ) Q1 2016 Earnings Call April 21, 2016 8:30 AM ET

Executives

Michael T. Stefanski - Senior Vice President-Investor Relations

Francis J. Shammo - Chief Financial Officer & Executive Vice President

Analysts

Brett Feldman - Goldman Sachs & Co.

Simon Flannery - Morgan Stanley & Co. LLC

David William Barden - Bank of America Merrill Lynch

Philip A. Cusick - JPMorgan Securities LLC

Michael I. Rollins - Citigroup Global Markets, Inc. (Broker)

Craig Eder Moffett - MoffettNathanson LLC

John Christopher Hodulik - UBS Securities LLC

Mike L. McCormack - Jefferies LLC

Amir Rozwadowski - Barclays Capital, Inc.

Operator

Good morning and welcome to the Verizon First Quarter 2016 Earnings Conference Call. At this time all participants have been placed in a listen-only mode, and the floor will be opened for questions following the presentation. Today's conference is being recorded. If you have any objections, you may disconnect at this time.

It is now my pleasure to turn the call over to your host, Mr. Mike Stefanski, Senior Vice President, Investor Relations.

Michael T. Stefanski - Senior Vice President-Investor Relations

Thanks, Tori. Good morning, and welcome to our First Quarter Earnings Conference Call. This is Mike Stefanski, and I'm here with our Chief Financial Officer, Fran Shammo. Thank you for joining us this morning. As a reminder our earnings release, financial and operating information, the investor quarterly, and the presentation slides are available on the Investor Relations website. A replay and a transcript of this call will also be made available on our website.

Before we get started I would like to draw your attention to our Safe Harbor statement on slide 2. Today's presentation includes forward-looking statements about expected future events and financial results that are subject to risks and uncertainties. Factors that may affect future results are discussed

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