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.

Tag:

Verizon

Latest Headlines

Latest Headlines

Verizon on track to add 600,000 FiOS subscribers in 2013, Shammo says

Verizon's EVP and CFO Fran Shammo, according to a report in FierceCable , said that while the telco anticipates higher churn for FiOS products during the summer months, he is "confident" the telco will achieve its goal of adding 600,000 new subscribers by the end of the year.

Google Fiber names Gladstone, Mo. as its next FTTP destination

Google Fiber has added Gladstone as the latest municipality in the Kansas City area to get its 1 Gbps fiber to the premises service.

UPDATED: Verizon's FiOS has 50% penetration in Dallas

Verizon Communications revealed that the company's FiOS TV and Internet service has achieved 50 percent penetration in Dallas, the company's first market.  Speaking at the J.P. Morgan Global Technology, Media and Telecom Conference today, Verizon EVP and CFO Fran Shammo said the company hit 50 percent penetration in Dallas and he expects the penetration rate to grow in other markets as well.

Study: Comcast, Verizon top VOIP provider list

Comcast and Verizon continue to be the VoIP providers of choice for businesses, according to Infonetics Research's annual North America Business VoIP Service Leadership Scorecard.

Verizon Wireless surprises with $7B dividend to parent companies

Verizon Wireless will pay a $7 billion dividend to parent companies Verizon Communications and Vodafone by the end of June, diffusing a potential source of tension between the two parents as speculation continues to burble that Verizon will buy Vodafone's 45 percent stake in the joint venture.

IP technology transition trials proposed by FCC met with mixed response

The FCC wants to conduct trials related to the telecom industry's transition to all-IP networks, a proposal that is getting a mixed response from traditional telcos and industry groups.

Verizon's wireless replacement plan does more harm than good, CWA, IBEW unions say

Verizon will offer only wireless-based services in remote areas such as Fire Island, N.Y., and parts of New Jersey, plans that are drawing fire from the CWA and IBEW unions as well as local residents. The move is part of the carrier's plan to do away with its copper network in areas of the Northeast ravaged by Hurricane Sandy.

Cablevision closer to launching Wi-Fi on trains

Four years after pitching the idea of installing Wi-Fi service on trains used by commuters in New York, New Jersey and Connecticut, Cablevision executives said Thursday that the MSO is closer to making it a reality.

Cablevision profits plummet on subscriber losses, increased capital spending

Cablevision posted a net loss of $16.6 million for the first quarter as its profits were drained by subscriber losses, decreased revenue and increased spending on customer premise equipment.

tw telecom is prime acquisition target, says Corvex's Meister

tw telecom's shares jumped 7.2 percent to $29.12 on Wednesday afternoon after being cited by Keith Meister, founder and managing partner of New York-based Corvex, as a prime acquisition target.