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

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.

Verizon's ad-supported OTT pricing may signal new business models to come

Telecom giant Verizon Communications completed its $4.4 billion deal to acquire AOL, meaning that with video delivery and an owned-and-operated programmatic advertising platform in place, it's now poised to launch its over-the-top streaming service for Verizon Wireless customers. But can Verizon's ad-supported, subsidized data model compete with the bevy of OTT providers jumping into the space?

AT&T, Verizon, CenturyLink CEOs top the highest-paid wireline exec list

Not surprisingly, telecom executives are well compensated for their work. The top public telecom firms have reported their CEO salaries to the Securities and Exchange Commission, and FierceTelecom has collected all the data in one place.

Sprint, Verizon small cell push will provide backhaul bounty for Lumos

Verizon and Sprint's ongoing move to small cells could provide a potential wireless backhaul windfall to Lumos Networks, a telco that's been aggressively expanding its fiber network in Virginia and Pennsylvania.

Verizon's OTT mobile video service will support sponsored data

Verizon Wireless' forthcoming over-the-the-top mobile video service will support sponsored data, with advertisers subsidizing the cost of consumers' video consumption, according to a senior Verizon executive.

Which wireline executives earned the highest compensation in 2014?

It's that time of the year again when FierceTelecom takes a look at the highest paid executives in the wireline segment of the telecom industry, in our annual 10 highest paid CEOs in wireline report.

Verizon proposes three-year agreement for 38,000 union workers

Verizon has proposed a new three-year contract with 38,000 union wireline employees represented by the Communications Workers of America and International Brotherhood of Electrical Workers it says will offer wage increases during the period.