Created out of the merger between the legacy Bell Atlantic and the former GTE, Verizon Communications is the second-largest regional bell operating company (RBOC) with Network serving residential and small business customers evolving to fiber-to-the-premises technology with FiOS high-speed fiber services and more than 140 million customer connections (wireless, wireline, broadband and TV).

(Source: SEC Filing) Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The Wireline segment provides voice, Internet access, broadband video and data, Internet protocol network, network access, long distance, and other services in the United States and internationally. The company serves consumer, business, and government customers, as well as carriers. As of December 31, 2010, its network covered a population of approximately 292 million and provided service to a customer base of approximately 94.1 million. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

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Latest Headlines

Report: Time Warner rebuffed Fox deal because AT&T and Verizon would soon become big customers

With both AT&T and Verizon ramping up mobile video services and making deals with programmers, it's no secret that the two wireless companies are going to become far more influential in the video programming business in the future.

The 8 highest paid CEOs in pay-TV in 2014

The nation's top publicly traded pay-TV companies have all reported their CEO salaries to the Securities and Exchange Commission, and  FierceCable  has collected all the data in one place. Below are the salary and compensation rates of the top eight highest paid CEOs among publicly traded cable, satellite and IPTV service providers.

Verizon says XO's 1-year copper retirement proposal will create unnecessary costs, delay IP transition

Verizon says that while it does not want to leave its wholesale CLEC customers like XO in the lurch, it does not want to delay its transition to IP and fiber by increasing the amount of time required to issue notice that it is retiring copper assets.

Windstream, CWA reach tentative agreement covering 250 workers in Kentucky

Windstream is the latest ILEC to carve out a tentative agreement with its union employees, this time with 250 members represented by the Communications Workers of America in Kentucky.

Lowenstein's View: Telecom industry structure is upside down

As of mid-2015, in my view, we have an upside down industry structure. In wireless, there is almost too much competition. Margins at Verizon Wireless and AT&T are shrinking. Sprint is unprofitable and continues to struggle. T-Mobile has been successful in taking share and setting the tone of the industry to take share, flirting with profitability from one quarter to the next.

Wheeler gives shout-out to unlicensed spectrum, sharing

Noting that some 60 percent of licensed traffic is carried by unlicensed Wi-Fi--and referring to the fact that wireless operators at one time were Wi-Fi haters--FCC Chairman Tom Wheeler said he thinks the industry and regulatory world are going through an evolutionary process where the outcome has to be recognition that spectrum is something that has to be shared.

CWA says Verizon's initial union contract proposals are a 'smokescreen'

A leader of the Communications Workers of America District 1 says that Verizon's initial proposal to offer pay increases in a three-year proposed contract are nothing more than a way to shield the fact that they want a number of concessions on key issues such as medical, pensions and job security.

Verizon blamed for blocking competitors' access to underground fiber conduit

Verizon is coming under fire again in New York City over claims that the service provider is preventing competitors' broadband data service from being delivered to their customers by blocking access to necessary fiber conduits.

Verizon signs Scripps deal for upcoming mobile video service

Verizon signed a multi-year program licensing deal with Scripps Networks Interactive, making 45 Scripps TV series available to Verizon wireless customers when Verizon launches its anticipated mobile video service later this year.

AT&T, CWA begin negotiations for 27,000 Southeast employees

AT&T has begun contract negotiations with 27,000 employees in its Southeast territory represented by the Communications Workers of America. Both parties met yesterday with both presenting their own position statements on the negotiation process.