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GTE Operating Companies

Verizon Communications, Inc.
Formerly called
Bell Atlantic (1983–2000)
Public
Traded as
Industry Telecommunications
Mass media
Technology
Predecessors New York Telephone, New Jersey Bell, C&P Telephone Companies, Bell of Pennsylvania, Diamond State Telephone and New England Telephone And Telegraph Company.
Founded October 7, 1983; 33 years ago (1983-10-07)
Headquarters 1095 Avenue of the Americas
New York City, New York 10036
Key people
Lowell McAdam (Chairman and CEO)
Products Cable television
Fixed-line
Mobile phone
Broadband,
Digital television
IPTV
Digital Media
Internet of things
Telematics
Revenue DecreaseUS$125.98 billion (2016)
DecreaseUS$27.05 billion (2016)
DecreaseUS$13.12 billion (2016)
Total assets DecreaseUS$244.18 billion (2016)
Total equity IncreaseUS$22.52 billion (2016)
Number of employees
162,000 (2016)
Divisions Verizon Media & Telematics
Verizon Network & Technology
Verizon Customer & Product Operations
Subsidiaries
Website www.verizon.com

'Verizon Communications (About this sound listen ) (/vəˈrzən/ və-RY-zən), otherwise known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware.

What eventually became Verizon was founded as Bell Atlantic, which was one of the seven Baby Bells that were formed after AT&T Corporation was forced to relinquish its control of the Bell System by order of the Justice Department of the United States. Bell Atlantic came into existence in 1984 with a footprint from New Jersey to Virginia, with each area having a separate operating company (consisting of New Jersey Bell, Bell of Pennsylvania, Diamond State Telephone, and C&P Telephone).


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