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's Go90 faces 'uphill battle' in competing with YouTube, Facebook, Instagram, analysts say

More than nine months after launch, success is hardly assured for Verizon's Go90 mobile video platform, analysts at UBS said.

Dycom acquires network construction assets from Goodman Networks for $108M

Dycom is acquiring various wireline and wireless assets from Goodman Networks for $107.5 million, a move that will enhance its construction capabilities to better respond to its service provider customers' fiber and wireless network expansion efforts.

4G LTE wireless emergence won't kill wireline broadband services, analyst says

The wireless industry's ongoing movement to 5G may offer consumers and businesses higher speeds, but the technology will not replace wireline-based broadband services, says a new Strategy  Analytics report.

AT&T: 5G mostly about fixed wireless for next two to three years

The mobile world has been buzzing about 5G in recent months, with Verizon saying earlier this year it plans to begin  launching commercial services  as early as next year. But it's increasingly apparent that U.S. consumers won't have access to truly mobile 5G offerings for at least a few more years.

FirstNet closes deadline for proposals, moves onto evaluation phase

It's not known how many proposals FirstNet received, but the deadline came and went May 31, and now the focus is on the remaining phases of the evaluation process. FirstNet CEO Mike Poth says the organization is well on its way to achieving its goal of establishing a unique public-private partnership to deploy the nation's first Nationwide Public Safety Broadband Network (NPSBN).

UBS: Verizon's Go90 faces 'an uphill battle' against other mobile video and social apps

Verizon's Go90 is gradually gaining traction but faces "an uphill battle" against other mobile video and social networking apps and services, according to a study by UBS analysts.

Data centers heading into transitional growth cycle, says analyst

The data center industry is evolving again, as traditional players like Equinix continue to scale, while telcos with data center assets like CenturyLink are mulling the future of their business.

Windstream's 7 on-net fiber market build out plan will benefit Dycom, other installers

Windstream's plans to equip more of the buildings in its footprint with fiber to deliver business services over its own facilities to reduce dependency on wholesale services from AT&T and Verizon will benefit Dycom and other construction providers.

Verizon says XO deal will not hinder competition for Windstream, other CLECs

Verizon says its pending acquisition of XO Communications' assets will enhance the services it provides to enterprise and wholesale customers, refuting arguments made by Windstream and Transbeam that the deal will hinder the Ethernet over Copper and business data services industry segments.

Entner: After the strike, what's next for Verizon?

Verizon just ended a long and painful labor conflict with the trade unions that represent its landline employees. The four-year labor deal gives the management team under CEO Lowell McAdam time to re-assess the situation and take action as the company undertakes the massive transformation from telecom company to wireless internet company. The dramatic nature of this transformation is demonstrated by the fact that Verizon's wireline business represents 29% of its topline revenues and only 7% of operating income.