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

Report: Verizon to bid for Yahoo's assets while AT&T opts out

Verizon intends to bid for Yahoo's web business next week, according to a Bloomberg report, and Google is considering making an offer as well. But AT&T is out of the running.

AT&T, Verizon express divergent opinions on U.S.-Cuba route policies

AT&T and Verizon are eager to take advantage of the service opportunity in Cuba as the United States has started to lift decades-long restrictions with the island country, but the two telcos take a different view on U.S.-Cuba route policies.

USTelecom touts study saying special access regulations will stifle broadband growth

As the FCC proposes new pricing controls over special access services, a new study commissioned by USTelecom argues that the move could have grave consequences on broadband investments and the country's job market.

Verizon must slash $375M in costs to stay on even keel following Frontier sale, Jefferies says

Verizon completed its sale of wireline properties in three states to Frontier last Friday, leaving it with a wireline footprint concentrated in the Northeast U.S. market. However, financial analyst firm Jefferies says the deal creates headwinds that could affect earnings.

Verizon buys 24.5% stake in AwesomenessTV, enlists it to launch mobile programming service for Go90

Just over year after making YouTube programmer AwesomenessTV a programming partner ahead of the launch of its mobile video service, Go90, Verizon announced that it has purchased a 24.5 percent stake in the company.

Verizon buys stake in AwesomenessTV as it continues to bet on media

Verizon continued its aggressive expansion into media with the announcement that it will buy a 24.5 percent stake in AwesomenessTV, a digital video company owned by DreamWorks Animation that targets teens and preteens. The deal values AwesomenessTV at $650 million.

Verizon buys minority stake in AwesomenessTV, raising its value to $650M

New over-the-top player Verizon has purchased a 24.5 percent stake in AwesomenessTV, a youth-focused digital media company that branched out from its original roots as a YouTube multichannel network.

Windstream takes leverage and extend approach to 1 Gig FTTH roll out

As Windstream begins to deliver its 1 Gbps FTTH service to residential and small businesses in four markets, the service provider is looking for opportunities to ease the installation process by leveraging existing fiber it has built in a number of its rural communities.

Frontier says it is making 'solid progress' solving service outages in newly acquired markets

Frontier says it's making progress in solving issues in its new wireline properties, but that's little solace to some users who have been without service since the transition began on Friday.

Verizon loses Thursday night NFL streaming rights to Twitter

Twitter won the rights to stream NFL Thursday night games online, beating out Verizon, Amazon and others that were bidding for the rights.