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

CenturyLink seeks FCC approval to shut down Frame Relay, ATM service

CenturyLink is seeking to shut down its legacy Frame Relay and ATM services in both its Embarq and CenturyTel affiliate regions, reflecting the service provider industry's ongoing shift to IP-based Ethernet business services. It filed a similar application for its Qwest affiliate last year.

Worst to first: Verizon shoots to No. 1 on Netflix Speed Index

The acrimonious interconnection feud between Netflix and Verizon seems to have settled into speedy and harmonious performance.

Verizon's interconnection deal with Netflix pays off with No. 1 ISP ranking

Verizon FiOS has redeemed itself on Netflix's ISP Speed Index, jumping from the No. 10 spot to the top spot with an average speed of 3.17 Mbps.

Decoding the black box for Redbox Instant: What went wrong?

How could Redbox Instant, an SVOD service with such promise--a successful nationwide video rental franchise backed by a $63 million upfront investment from Outerwall along with Verizon's massive network and marketing machine--fail so badly? In her latest FierceOnlineVideo  column, Samantha Bookman retraces the steps on what led to the floundering of one of the most powerful brands in the home entertainment business. You can read it here.

Verizon urges FCC to get rid of the set-top integrated security ban

Verizon has filed a brief with the FCC, urging the commission to end a seven-year ban on MVPD set-tops with integrated security features.

NY governor Cuomo hopes to raise $1B for statewide broadband network

New York Gov. Andrew Cuomo is hoping to dramatically increase the amount of fiber in his state. To do that, he is asking for $500 million in state funds for the NY Broadband Fund--concurrently, he's asking for matching funds from service providers or other parties that want to expand service in parts of the state.

Comptel's Pickering on setting a new competitive agenda, TDM/IP transition and Telecom Act rewrite

Chip Pickering, one of the key architects behind the landmark 1996 Telecom Act, took over the helm at Comptel as CEO in January. Sean Buckley, senior editor of  FierceTelecom, caught up with Pickering at Comptel's fall show to talk about his first nine months on the job and  how he sees the growth of Comptel and the changing competitive service provider landscape.

Where Redbox Instant went wrong

The writing was practically on the wall for Redbox Instant a few weeks ago. Unable to sign up new customers for more than three months after a credit card fraud issue, news outlets pointed out that the company hadn't yet come up with a fix for the problem--indicating that either its parent company Outerwall, or its joint venture partner Verizon, wasn't interested in putting the time or money into a solution.

Verizon Wireless' dark fiber backhaul quest poses opportunities, challenges for wholesalers

DALLAS--Verizon Wireless' desire to get dark fiber as its wireless backhaul medium is seen as both a blessing and a curse for many wholesale service providers serving the wireless industry.

Supreme Court rejects Verizon's $51M tax appeal

The U.S. Supreme Court has effectively ended Verizon's fight with the IRS to avoid paying $51 million in taxes for an obsolete service connected to dial-up modems.