You are here
Verizon Communications(VZ)- NYSE Market Trends 

Verizon Communications(VZ)- NYSE

Verizon Communications(VZ)– NYSE

Verizon Communications(VZ)- NYSE

Verizon Communications, Inc.  (simply known as Verizon, stylized as verizon), is abroadband telecommunications company and the largest U.S. wireless communications service provider as of September 2014,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.

Verizon Communications formed in June 2000 when the Federal Communications Commission approved a US$64.7 billion merger of telephone companies Bell Atlantic and GTE, nearly two years after the deal was proposed in July 1998. The approval came with 25 stipulations to preserve competition between local phone carriers, including investing in new markets and broadband technologies. The new venture was headed by co-CEOs Charles Lee, formerly the CEO of GTE, and Bell Atlantic CEO Ivan Seidenberg.

Upon its inception, Verizon became the largest local telephone company in the United States, operating 63 million telephone lines in 40 states.The company also inherited 25 million mobile phone customers. Additionally, Verizon offered internet services and long-distance calling in New York, before expanding long-distance operations to other states.

READ  South Korea Industrial Production Mom increased in September

The name Verizon derives from the combination of the words veritas, Latin for truth, and horizon. The name was chosen from 8,500 candidates and the company spent $300 million on marketing the new brand.

Two months before the FCC gave final approval on the formation of Verizon Communications, Bell Atlantic formed Verizon Wireless in a joint venture with the Britishtelecommunications company Vodafone in April 2000

 

Latest News

[rssonpage rss="http://seekingalpha.com/api/sa/combined/VZ.xml"]

 

 

 

Click here for reuse options!
Copyright 2016 Investors Buz
follow me

Jadtecnic

Founder.Editor at Investors Buz
Richard Dambrosi (JADTECNIC)Has Been Sharing Forex Analysis Trending Markets News since 2011. Editors and Founder of InvestorsBuz.com , has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars , Electric Cars, Medical Marijuana , 3d printing and Cloud computing , Refers to Readers as BUZ INVESTORS.
follow me

6 thoughts on “Verizon Communications(VZ)- NYSE

  1. […] Verizon Communications, Inc. (NYSE:VZ) announced its $48.3-billion acquisition of Yahoo! Inc. (NASDAQ:YHOO) on July 25, my initial […]

  2. […] of bad publicity has only created more headaches, but do these problems bring lethal toxicity to Hewlett Packard stock or is there a bigger picture for investors to consider? HPE Stock Hit By Internal Woes In […]

  3. […] RIDGE, NJ, and SUNNYVALE, Calif. – July 25, 2016 – Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) today announce they have entered into a definitive agreement under […]

  4. […] Communications Inc. (NYSE:VZ) has been a great growth and dividend story so far this year.  And I hope you’ve not missed that […]

  5. […] (NYSE:VZ) for $4.8 billion in the first quarter of 2017. The tech giant will become a publicly traded investment company (temporarily referred to asRemainCo), which will hold YHOO stock’s remaining assets including its cash, […]

  6. […] (NYSE:VZ) for $4.8 billion in the first quarter of 2017. The tech giant will become a publicly traded investment company (temporarily referred to asRemainCo), which will hold YHOO stock’s remaining assets including its cash, […]

Leave a Comment