Verizon
Verizon Communications Inc.
Symbol: VZ
140 West Street
New York, NY 10007
United States
Phone: 212-395-1000
Web Site:
http://www.verizon.com
BUSINESS SUMMARY         
Verizon Communications, Inc. provides a range of communication services worldwide. It
operates in two segments, Wireline and Domestic Wireless. The Wireline segment
offers communications and information services to residential customers and small
businesses, including basic telecommunication service and end-user access;
value-added services, such as voicemail, caller ID, and call forwarding; broadband
services, which include digital subscriber lines and fiber optics to the premise; and
national and international long distance services, including calling cards, 800/888
services, and operator services. It also provides wholesale services that include
switched access, special access, high-capacity, high-speed digital services, unbundled
network elements, and interconnection services, which are marketed primarily to
competitive local exchange carriers and wireless carriers. In addition, this segment
markets voice, data, Internet communications services, private line, frame relay, ATM
services, IP network services, wholesale local and long distance voice products, and
wholesale data and Internet products, as well as private IP, IP VPN, Web hosting, and
voice over Internet protocol to medium and large business customers, multi-national
corporations, telecommunication carriers, and state and federal governments. The
Domestic Wireless segment offers a range of wireless voice services; provides wireless
data services, such as BroadbandAccess/NationalAccess, text and picture messaging, V
Cast, mobile Web, location based services, and wireless business solutions; and
develops and offers various wireless devices that primarily include handsets. The
company, formerly known as Bell Atlantic Corporation, was founded in 1983. It changed
its name to Verizon Communications, Inc. in 2000. The company is based in New York,
New York.
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