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

Latest Headlines

CenturyLink CFO: We won't sell our assets... yet

CenturyLink said it has no near-term plans to sell off or trade any of its existing assets.

5 reasons why AT&T, Verizon should see Level 3 as bigger business services threat

Level 3 Communications CEO Jeff Storey is confident that with the tw telecom acquisition firmly under the company's belt, it can now be a more formidable competitor against his main competitors--AT&T and Verizon--in the business services race. While AT&T and Verizon are still two of the largest enterprise service providers, Level 3 could become an even bigger threat to these carriers for five main reasons.

Telco, cable pay-TV operators 2014 sub losses increased to 125K

AT&T and Verizon may be still growing their video service bases, accounting for 11.6 million U.S. pay-TV homes. However, according to a new Leichtman Research Group report, in 2014 that growth slowed to just under 1.1 million from just over 1.4 million in 2013. 

AT&T, Verizon, CenturyLink brace for GSA's upcoming EIS telecom contract

A group of the largest telcos, including AT&T, Verizon and CenturyLink, will soon be turning their attention to the General Service Administration's (GSA) Enterprise Infrastructure Solutions (EIS) contract, the follow-on to the multi-billion dollar Networx telecom contract.

Verizon: Despite Android's device dominance, Apple's iOS wins 64% video viewing share

While the open-source Android operating system dominates the mobile device market--holding an 80 percent share--Apple's iOS is far and away the preferred device for online video streaming. According to data provided by Verizon Digital Media Services, 64 percent of mobile viewers use iOS to stream video.

Frontier's Wilderotter to step down, McCarthy to assume CEO role

Frontier Communications CEO Maggie Wilderotter is going to step down as CEO and is transitioning to an executive chair role in April. Taking over the CEO role is Dan McCarthy, who currently serves as Frontier's president and COO.

Level 3's Storey says incumbents' wireless focus gives it more enterprise opportunities

Level 3 Communications CEO Jeff Storey has indicated that the strategy by incumbent telcos, namely AT&T and Verizon, to increase their focus on their wireless businesses is helping Level 3 win more deals in the enterprise services space.

Verizon's Shammo: Internet of Things, OTT video will drive future growth

Verizon's future growth will come from things like the Internet of Things and over-the-top mobile video--things that some other companies are not even investing in today, the company's CFO Fran Shammo said during an investment conference on Monday.

Verizon's Shammo hints that company may offload more non-strategic assets

Verizon recently confirmed that it would sell off its wireline assets in three markets to Frontier, but it appears that the telco would be happy to make similar deals if it found a buyer that would offer the right terms.

AT&T, Verizon say net neutrality rules will neutralize Internet innovation

The FCC is putting place strident new regulation on wireless and wireline networks in order to stop such practices as throttling traffic and coercing video programmers to make interconnection agreements. However, telco giants AT&T and Verizon say the FCC's new net neutrality rules will merely drive up consumer costs and stifle private investment into networks.