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

Verizon protests 64 Kbps voice unbundling requirement, says it may delay copper-fiber transition

Verizon said that the 64 Kbps requirement has "outlived any usefulness" as more of its customers have dropped their landline phone service in favor of either VoIP or wireless as their main calling device.

Verizon gets call from Bernie Sanders to reach agreement with CWA union

Verizon is facing yet another call to come to an agreement with the Communications Workers of America from Vermont Sen. Bernie Sanders.

Comcast continues to hint at wireless plans, says NBC will likely give up spectrum in incentive auction

Comcast executives said the company's NBCUniversal unit will "likely" give up spectrum to the FCC as part of the agency's incentive auction of TV broadcasters' 600 MHz spectrum. However, Comcast Cable chief Neil Smit said the company hasn't yet decided whether it will participate as a bidder in the auction in order to purchase spectrum.

With Verizon MVNO and 10M hotspots, Comcast poised to fight for wireless share

According to a new report from Bloomberg, Comcast will combine its 10 million Wi-Fi spots with its Verizon MVNO agreement, plus some new spectrum it picks up at the FCC's upcoming incentive auction, to launch the first successful cable mobile virtual network operator.

Verizon says it has invested $22.2B in New York, encourages regulatory reforms

Following a study made by New York Public Service Commission about the state of telecommunications, Verizon has asked the regulator to implement a series of reforms that it says will promote innovation and investment.

Verizon, Cablevision and TWC face NY AG investigation over advertised Internet speeds

Verizon, Cablevision and Time Warner Cable have become the subject of a New York Attorney General investigation over whether they charged consumers for speeds slower than what they advertised.

Verizon accepts FCC's invitation, seeks TTY waiver for VoIP calls

Following rival AT&T, Verizon is now asking the FCC for a waiver of text telephony (TTY)-related requirements for its IP-enabled wireless services, and it wants the same conditions granted to AT&T.

CWA asks Pennsylvania PUC to investigate Verizon's outside plant infrastructure

The Communications Workers of America has waged another attack on Verizon as the union has petitioned the Pennsylvania Utility Commission to investigate what it claims are unsafe conditions at a number of the telco's outside plant facilities.

Verizon expands its Capital Region data center by 60,000 square feet

Driven by a growing demand for cloud services from businesses and government agencies, Verizon has put the finishing touches on an expansion of its NAP for the Capital Region, the telco's Culpepper, Va., data center.

Comcast will not make imminent move into wireless, analyst says

Comcast's decision to execute on an MVNO deal with Verizon doesn't necessarily portend an imminent move by the MSO into the wireless business, said Jefferies analyst Mike McCormack in a note to investors.