Verizon

Verizon Communications Inc.

Type	Cross-listed Public company
Traded as	NYSE: VZ NASDAQ: VZ Dow Jones Industrial Average Component S&P 500 Component
Industry	Telecommunications
Predecessor	American Telephone and Telegraph Company
Founded	October 7, 1983 (as Bell Atlantic)
Headquarters	Verizon Building New York City, United States
Key people	Lowell McAdam (Chairman, President and CEO)
Services	Fixed-line and mobile telephony, broadband and fixed-line internet services, digital television and network services
Revenue	US$ 110.8 billion (2011)
Operating income	US$ 18.8 billion (2011)
Net income	US$ 2.4 billion (2011)
Total assets	US$ 230.4 billion (2011)
Total equity	US$ 85.9 billion (2011)
Number of employees	162,000 (2016)
Divisions	Verizon New England Verizon New York Verizon Delaware Verizon New Jersey Verizon Pennsylvania Verizon North Verizon Maryland Verizon Washington, D.C. Verizon Virginia Verizon California
Subsidiaries	Cellco Partnership (Verizon Wireless) (55%) GTE MCI Inc. NYNEX Diamond State Telephone New Jersey Bell Bell of Pennsylvania Verizon North The Chesapeake and Potomac Telephone Company Verizon California Terremark Vodafone Italy (23.14%)
Website	www.verizon.com

Verizon Communications Inc. (NYSE: VZ), is a telephone, internet service provider, and television company in the United States. It also owns a mobile phone company, Verizon Wireless. Verizon was created in 2000 by merging GTE and Bell Atlantic. These companies had already absorbed other companies, some of them more than a hundred years old. The biggest ones were formerly owned by AT&T.

In 2015, Verizon bought the Internet company AOL, and the next year it bought Yahoo!. Both of these purchases were for about US$4.4 billion. Today, both AOL and Yahoo! are part of a subsidiary created by Verizon called Oath Inc.

Verizon is one of the few publicly-traded companies to have a stock on both the NYSE and the NASDAQ. Its NYSE listing has been one of the 30 companies in the Dow Jones Industrial Average since 2004.