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

FiOS settlements cost Verizon more than $500 million

Verizon will pay out more than $500 million ($510 million and change, to be exact) to settle a pair of lawsuits filed against its FiOS TV service. The deep-pocketed telco will pay TiVo more than $250.4 million in a DVR dispute and cloud TV developer ActiveVideo more than $260 million in a VoD spat.

Verizon to pay $510 million to settle ActiveVideo, TiVo patent suits

Verizon said Monday that it will pay more than $510 million to settle separate patent infringement disputes that it has been waging with interactive TV technology firm ActiveVideo Networks and TiVo Inc.

Verizon's iPhone 5 unlocked, just needs SIM for AT&T service

Verizon Wireless' version of Apple's iPhone 5 is being sold GSM-unlocked, meaning it can easily be switched to the mobile network operated by the nation's second-largest mobile operator, AT&T, via the insertion of a compatible SIM card.

Terremark brings security services to Sao Paulo, Brazil

Terremark, Verizon's data center and cloud services subsidiary, on Wednesday launched a set of managed and professional security services in Brazil and in other Latin American countries.

Verizon and two wireline unions reach tentative accord

Verizon has reached tentative three-year contract agreements with its two primary wireline unions--the International Brotherhood of Electrical Workers (IBEW) and the Communications Workers of America (CWA).

Cablevision, Bright House, WOW, Cox top phone customer satisfaction survey

Cable operators dominated incumbent telcos in J.D. Power's latest residential telephone customer satisfaction survey, which ranked Cablevision, Bright House Networks, WideOpenWest and Cox Communications as the top regional providers.

Verizon reaches deals with IBEW, CWA wireline workers' unions

Verizon has reached tentative three-year contract agreements with its two primary wireline unions--the International Brotherhood of Electrical Workers and the Communications Workers of America--ending months of acrimony, saber rattling and the intervention of the Federal Mediation and Conciliation Service.

AT&T grabs more WCS spectrum for LTE buildout

AT&T is seeking FCC permission to acquire two WCS 2.3 GHz licenses from San Diego Gas & Electric, saying they will enable the operator to expand its wireless broadband capacity and provide more robust mobile broadband services in San Diego.

Comcast expands 305 Mbps tier to Boston, Philadelphia, New Jersey, D.C.; touts fastest wireless gateway

Comcast said Tuesday that it expanded the availability of its $299.95 monthly Extreme 305 Mbps wideband Internet service to several major markets in the Northeast.

Intel working on cloud-based radio access network

Work on a cloud-based radio access network (C-RAN) and separate effort to increase the streaming video capacity of wireless networks were two research efforts highlighted at last week's Intel Developer Forum.