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	AT&T; 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),^[1] 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.^[4] Today, both AOL and Yahoo! are part of a subsidiary created by Verizon called Oath Inc.^[5]

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.^[6]

Verizon Media

Service van with Verizon's former logo and livery

References

↑ ^1.0 ^1.1 "About Verizon Wireless: Facts-at-a-Glance". Archived from the original on 2012-03-27. Retrieved 2012-12-07.
↑ CBS MarketWatch profile, Verizon Communications, Inc.
↑ ^3.0 ^3.1 ^3.2 ^3.3 ^3.4 ^3.5 "Verizon Communications Inc. 2011 Annual Report, Form 10-K, Filing Date Feb 16, 2012" (PDF). secdatabase.com. Retrieved June 8, 2012.
↑ "Verizon to buy Yahoo for $4.83 billion, merge it with AOL" (in en). CNET. 2016-07-25. https://www.cnet.com/news/verizon-buying-yahoo-likely-merging-it-with-aol/. Retrieved 2018-03-18.
↑ Heater, Brian (2017-04-03). "Yahoo + AOL = Oath, for some reason". TechCrunch. Retrieved 2018-03-18.
↑ Isidore, Chris (2004-04-01). "Dow Jones industrial average gets first overhaul since 1999". CNN Money. Retrieved 2018-03-18.

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[trading-1] 1.0 ^1.1 "About Verizon Wireless: Facts-at-a-Glance". Archived from the original on 2012-03-27. Retrieved 2012-12-07.

[2] CBS MarketWatch profile, Verizon Communications, Inc.

[Verizon_Communications_Inc.-2011-10-K-3] 3.0 ^3.1 ^3.2 ^3.3 ^3.4 ^3.5 "Verizon Communications Inc. 2011 Annual Report, Form 10-K, Filing Date Feb 16, 2012" (PDF). secdatabase.com. Retrieved June 8, 2012.

[4] "Verizon to buy Yahoo for $4.83 billion, merge it with AOL" (in en). CNET. 2016-07-25. https://www.cnet.com/news/verizon-buying-yahoo-likely-merging-it-with-aol/. Retrieved 2018-03-18.

[5] Heater, Brian (2017-04-03). "Yahoo + AOL = Oath, for some reason". TechCrunch. Retrieved 2018-03-18.

[6] Isidore, Chris (2004-04-01). "Dow Jones industrial average gets first overhaul since 1999". CNN Money. Retrieved 2018-03-18.

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