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.



Latest Headlines

Latest Headlines

Threats to Pay TV becoming more real

Time Warner Cable CEO Glenn Britt, during his company's fourth-quarter earnings call last week, commented on the potential effect that free Internet video content downloads could have on TWC's

Rumor Mill: Circuit City bankruptcy triggers Verizon Wireless layoffs

Circuit City's financial meltdown is now apparently burning Verizon Wireless employees assigned to the stores. Fierce comments and outside reports point to layoffs for Verizon Wireless sales staff

Senate bill: Billion-dollar Verizon tax break still possible

Language in the latest draft of the Senate economic stimulus currently provides Verizon with a crack at a billion dollars (or more) of tax credits if the company spends $6 billion on FiOS over the

Verizon Business touts global network builds

Taking inventory of its completed and ongoing network expansion projects, Verizon Business logged $17.8 billion in wireless and wireline network projects worldwide in 2008. Expect to see more this

Toben to retire from Verizon CFO slot

Verizon Communications CFO Doreen Toben, who has been in her job for seven years and has been a Verizon employee for many more, announced last week that she will retire "around the middle of this

FairPoint takes heat for email problems

New FairPoint customers and state regulators are not pleased about the company's botch-up in transferring email accounts from Verizon in northern New England. Around 285,000 people were expected to

Philly city council approves Verizon FiOS franchise agreement

The City of Brotherly Love is another step closer to getting a Verizon FiOS offering, as the Philadelphia City Council unanimously green-lighted a 15-year franchise agreement this morning. A

Verizon moves to one customer help number

Verizon Communications has consolidated as many as 100 different customer service phone numbers it has used around the country to serve its wireline customers into just one national help line:

Barron's bullish on Verizon

Some Wall Street analysts- other than those infatuated with cable- believe Verizon is a great bargain these days, as its diverse mix of businesses leave it well-positioned to ride out the

FairPoint transfer proceeds, union unhappy

FairPoint Communication, along with integration partner Cap Geminis, has started the process of switching operations in northern New England from hundreds of legacy systems run by Verizon