Formerly |
Bell Atlantic Corporation (1983–2000) |
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Public | |
Traded as | |
Industry | |
Founded | October 7, 1983 |
Founder | AT&T Corporation |
Headquarters |
1095 Avenue of the Americas New York City, New York, United States |
Key people |
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Products | |
Revenue | US$126.034 billion (2017) |
US$27.414 billion (2017) | |
US$30.101 billion (2017) | |
Total assets | US$257.143 billion (2017) |
Total equity | US$43.096 billion (2017) |
Number of employees |
155,400 (2017) |
Divisions |
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Subsidiaries |
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Website |
verizon |
Verizon Communications Inc. ( listen ) (/vəˈraɪzən/ və-RY-zən), or simply 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.
In 1984, the Justice Department of the United States mandated AT&T Corporation to break up the Bell System and split into seven companies, called "Baby Bells". One of the baby bells, Bell Atlantic, came into existence in 1984 consisting of the separate operating companies New Jersey Bell, Bell of Pennsylvania, Diamond State Telephone, and C&P Telephone, with a footprint from New Jersey to Virginia. This company would later become Verizon.