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

Windstream to FCC: Competitive choice should not be reduced in IP transition

Windstream says the FCC's plan to revise its Section 214 discontinuance and copper retirement and IP transition processes should ensure that its business customers won't be left without competitive choices for service.

Republicans suggest Obama had 'improper influence' on FCC's net neutrality rules

A group of Republicans has taken the latest shot in the net neutrality battle, claiming that the Obama administration had "an improper influence" over the FCC's recent move to implement Title II on ISPs as part of its new net neutrality rules, reports  Ars Technica.

Frontier's Wilderotter is comfortable with Title II reclassification

Frontier Communications may be another traditional wireline telco that has to abide by a host of FCC rules, including the move to reclassify broadband under Title II of the Telecom Act of 1996, but that's just fine for CEO Maggie Wilderotter.

Frontier faces integration challenges following $10.5B Verizon wireline purchase

By purchasing  $10.5 billion in wireline assets from Verizon, Frontier Communications scales its fiber-to-the-home FiOS footprint from four to seven states. Out of the 2.2 million broadband subscribers it gains, 1.6 million are FiOS broadband customers.

Verizon's McAdam: FCC Title II proposal influenced $10.5B wireline asset sale to Frontier

Verizon finally made it public that is selling its wireline assets in three states to Frontier for $10.5 billion, but besides getting more cash to fund its wireless operations, its decision was also influenced by the FCC's move to reclassify wireline broadband providers under Title II of the 1996 Telecom Act.

Frontier enhances wireline footprint with $10.5B Verizon purchase, but integration concerns remain

Frontier Communications officially emerged as the suitor for the $10.5 billion in wireline assets that Verizon wants to offload, signifying its ongoing effort to scale its reach in new markets and deepen its presence in others it already serves. But it remains to be seen how Frontier integrates these new assets.

Frontier acquires Verizon wireline assets in 3 states for $10.5B

Verizon has made it official today that it is selling off wireline assets in three states to Frontier Communications for $10.5 billion. In a separate deal, Verizon is also selling over 11,300 of its company-owned wireless towers to American Tower Corporation for $5 billion.

Verizon offloads towers to American Tower for $5B

Verizon Wireless agreed to lease the rights to 11,324 of its communications towers and sell 165 additional towers to American Tower for $5.056 billion in cash. The deal comes as no surprise as Verizon has said for months that it would be open to selling its tower assets. The sale of Verizon's towers will help fund the company's recent $10.4 billion purchase of AWS-3 spectrum licenses during the FCC's auction.

Telcos, industry groups sound off on FCC's new net neutrality rules

Companies and associations are reacting to FCC Chairman Tom Wheeler's plan to codify net neutrality rules that would reclassify broadband as a telecommunications service under Title II of the Telecommunications Act.

Verizon enhances public sector reach with new MiCTA agreement

Verizon Enterprise Solutions has expanded its agreement with group-purchasing organization MiCTA, enhancing the reach of its service portfolio to state and local government agencies, K-12 schools, colleges and universities, libraries and nonprofits.