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History
1983- started as Bell Atlantic 1997- Bell Atlantic merged with another
Regional Bell Operating Company, NYNEX 2000- Bell Atlantic acquired former independent phone company General Telephone & Electronics Corporation (GTE), and adopted the name "Verizon"
About
"Verizon", (Latin for "truth") and horizon A corporate component of the Dow Jones
Industrial Average.
Listed both in NYSE & NASDAQ as VZ
The company's headquarters are located in
the Verizon Building, New York City It is ranked no 16 in the list of fortune 500 in year 2013.
Divisions of Verizon
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 of Verizon
Cellco Partnership (Verizon Wireless) (55%) MCI Inc. Diamond State Telephone New Jersey Bell Bell of Pennsylvania
Verizon North
The Chesapeake and Potomac Telephone
Services
Financial of Verizon
Key financials
Revenues
$ millions
115,846
Profits
Assets Stockholder's equity Market cap (on 3/29/2013)
875
225,222 33,157 140,484.20
-63.6
0.31 -63.5
-14.5
Rank
Company 1 AT&T 2 3 4 5 6 7 8 9 Verizon Communications Comcast Sprint Nextel DirecTV Time Warner Cable CenturyLink DISH Network Liberty Global
Revenues ($ millions) 127,434 115,846 62,570 35,345 29,740 21,386 18,376 14,266.50 10,604.50 7,504
10 Charter Communications