Frontier Communications owns local telephone operating companies consisting of companies it has owned under its previous name Citizens Communications Company, companies it acquired from Global Crossing, and companies it acquired from Verizon Communications which are grouped under its subsidiary Frontier Communications ILEC Holdings.The companies operate in largely rural areas … [147], The "There's a map for that" campaign was launched in late 2009, designed as a parody of AT&T's "There's an app for that" campaign. [119][120], In April 2019, Verizon began rolling out its 5G mobile network, which was active in 30 cities by the end fo the year. Alltel Communications of Mississippi RSA #2, Inc. Alltel Communications of North Carolina Limited Partnership. for $4.83 billion. We made it easy for you to exercise your right to vote. Verizon Ljubljana trgovina in storitive, d.o.o. [82], In December 2011, the non-partisan organization Public Campaign criticized Verizon for its tax avoidance procedures after it spent $52.34 million on lobbying while collecting $951 million in tax rebates between 2008 and 2010 and making a profit of $32.5 billion. [136] The integrated AOL-Yahoo operation, housed under the newly created Oath division, would be organized around key content-based pillars. [158][159][160], In 2016, Verizon started using the slogan "Better Matters" in reference to its networks. Verizon Communications wireless prepaid connections 2014-2019 Share of Verizon's smartphone sales in the U.S. 2015-2017, by vendor Verizon B2B ad spend in the U.S. 2013-2014 View or download Verizon's annual reports. As part of a rebranding of the Baby Bells in the mid-1990s, all of Bell Atlantic's operating companies assumed the holding company's name. [152] The campaign centered around a contest in which $10 million in prizes was offered to individuals for finding solutions to "the world's biggest challenges" by making use of Verizon's cloud, broadband and wireless networks. [140] As of 2018, Verizon is ranked No. [137], On June 13, 2017, Verizon completed its acquisition of Yahoo for $4.48 billion. [66], In June 2008, Verizon Wireless purchased wireless carrier Alltel for $28.1 billion. Cybertrust Holding International, A.V.V. [17] And as of 2017, Verizon is the only publicly traded telecommunications company to have two stock listings in its home country, both the NYSE (principal) and NASDAQ (secondary). They are planning to launch the league in 2023 with 10 teams with each team initially worth $3 million to $5 million and want to cooperate with NBA or NHL owners in one-tenant arena situations. "[101], In late October 2014, Verizon Wireless launched the technology news website SugarString. The company planned on a three-year continuous expansion of the 4G service. Verizon Communications, & All Its Subsidiaries & Affiliates was ranked 598 among all visa sponsors. The other two, like Verizon, exist as a result of mergers among fellow former Baby Bell members. 3 Limited Partnership, Northeast Pennsylvania SMSA Limited Partnership, Northwest Dakota Cellular of North Dakota Limited Partnership, Northwest Missouri Cellular Limited Partnership, Northwest New Mexico Cellular of New Mexico Limited Partnership, NV Verizon Belgium Luxembourg (succursale due Luxembourg), Orange County-Poughkeepsie Limited Partnership, Pennsylvania RSA No. [33][35][36] Due to its size, Verizon Wireless was able to offer national coverage at competitive rates, giving it an advantage over regional providers typical of the time. AT&T and the telecom industry said they would seek to appeal the decision to the Supreme Court. [40] This strike did not involve all company employees, as mostly line technicians and user technicians of the company are union. [190] The four-year deal was estimated at $720 million. Verizon Business International Holdings B.V. Verizon Business Security Solutions Luxembourg SA, Verizon Communications Guatemala Limitada, Verizon Communications India Private Limited. This post was published on the now-closed HuffPost Contributor platform. [65][66] During that auction, the company bid $9.4 billion and won the bulk of national and local licenses for airwaves reaching approximately 469 million people. These include online advertising, data collection, Internet of Things, smart cities, telematics, and media. Principal Subsidiaries of Registrant at December 31, 2011 The company has many subsidiaries and through them, it provides services, entertainment, information and communication products to … [102][103], In August 2015, Verizon launched Hum, a service and device offering vehicle diagnostic and monitoring tools for vehicles. Fitch Ratings - Chicago - 10 Nov 2020: Fitch Ratings affirmed the Long-Term Issuer Default Rating (IDR) and senior unsecured debt of Verizon Communications Inc. and its subsidiaries at 'A-'. As of 2016[update], Verizon is one of three remaining companies with roots in the former Baby Bells. "Verizon Wireless confirms block". The sale was oversubscribed, meaning that investors bids were about $8 billion. i Campaign finance totals for the current election cycle were released by the FEC on October 22, 2020 and by the IRS on April 03, 2019, lobbying data was released by the Senate Office of … The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. In 2014, Verizon unsuccessfully sued the FCC for these powers. [198], Verizon has been the title sponsor of entertainment amphitheaters in locations throughout the United States, including four individually referred to as the "Verizon Wireless Amphitheatre": in Irvine, California;[199] Maryland Heights, Missouri;[200] Selma, Texas;[201] and Alpharetta, Georgia. Verizon's Subsidiaries & Investments in 470+ Companies/Entities, Worldwide. Verizon Select Services Inc. has 10 employees at this location. [55] Verizon also shed its telephone directory business in 2006. [121][122] Unlike other U.S. carriers, Verizon only uses millimeter-wave (mmWave) spectrum for its 5G network. [150][151], In January 2013, Verizon launched the "Powerful Answers" campaign, designed by agency McGarryBowen. Co. has two reportable segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). [69][70], On February 4, 2010, 4chan began receiving reports from Verizon Wireless customers that they were having difficulties accessing the site's image boards. The memo warned that technicians who do not follow this procedure would be subject to "disciplinary action up to and including dismissal". Goldman Sachs and Bank of America Merrill Lynch were the bookrunners of the deal. Teton Cellular of Idaho Limited Partnership, Tyler/Longview/Marshall MSA Limited Partnership. Verizon Communications is based in New York, New York and focuses on making investments in the Enterprise software, mobile, commerce, technology, media and entertainment sectors. [148], In 2009, Verizon joined with the Ad Council, in partnership with the Family Violence Prevention Fund and the Office on Violence Against Women, to create the "That's not cool" public service advertising campaign. In 1984, the United States Department of Justice mandated AT&T Corporation to break up the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells". Verizon launched 3G service in 2002, which doubled the Internet speeds of the time to 144kb a second. Verizon Communications Inc. (Verizon or the Company) is a holding company that, acting through its subsidiaries, is one of the world’s leading providers of communications, information and entertainment products and services to consumers, businesses and $ If you need to flag this entry as abusive. The ads showed dramatized "testimonials" of people with and without Verizon Wireless or Verizon Fios services. [86] The FCC conducted an investigation[86] and released a report detailing the problems that led to the failure in January 2013. "Five Sentences from Google/Verizon that Could Change the Net Forever", "Verizon: 4G Wireless Service Debuts this Sunday", "Verizon reports record revenue in second quarter", "Verizon Hangs Up on Directory Assistance", "Frontier to Buy Verizon Lines for $8.5 Billion", "Verizon sells landlines in 14 states to Frontier in $8.6B deal", "Frontier Weighs Sale of Ex-Verizon Landline Assets", "Verizon to Buy Terremark for $1.4 Billion", "Verizon CEO Ivan Seidenberg Steps Down; Lowell McAdam Takes Helm", "30 Major U.S. Verizon Communications Inc. and its subsidiaries ("Verizon"), and FairPoint Communications, Inc. ("FairPoint") have filed a series of applications pursuant to sections 214 and 310(d) of the Communications Act of 1934. [73][74], In December 2010, Verizon introduced its 4G LTE network in 38 markets, as well as airports in seven additional cities. Fleetmatics de Mexico, Sociedad de Responsabilidad Limitada de Capital Variable (S. de R.L. [43] In August 2002, Verizon began offering local, long-distance and mobile calling, as well as Internet service, in a bundle. [90] Verizon began expanding its LTE network utilizing these extra airwaves in October 2013. Ltd. Verizon Communications South Africa (Pty) Limited, Verizon Communications Technology (Beijing) Co., Limited, Verizon Data Services India Private Limited, Verizon Digital Media Services UK Limited, Verizon Hellas Telecommunications, Single Member Limited Liability Company, Verizon Hungary Telecommunications Limited Liability Company, Verizon Information Services-Costa Rica, LLC. "[139], For the fiscal year 2019, Verizon reported earnings of US$19.265 billion, with an annual revenue of US$131.868 billion, an increase of 0.77% over the previous fiscal cycle. It focuses on GUI functions instead of testing security relevant features. Sign up for membership to become a founding member and help shape HuffPost's next chapter. [46], On December 22, 2004, mail servers at Verizon.net were configured not to accept connections from Europe by default in an attempt to reduce spam email that was originating from the region. The company has many subsidiaries and through them, it provides services, entertainment, information and communication products to the customers. Verizon is the title sponsor of several large performance and sports venues as well as a sponsor of many major sporting organizations. See the details. [138], On December 10, 2018, Verizon announced that 10,400 managers had agreed to leave the company as part of a "voluntary separation program" offered to 44,000 employees, resulting in a cut of around 7% of its workforce. [100] In May 2015, Verizon agreed to pay $90 million "to settle federal and state investigations into allegations mobile customers were improperly billed for premium text messages. Although Verizon denied that this was the case, the site (described as being a pilot project) was shuttered in December. 4chan.org. Verizon Communications Inc. (Verizon, or the Company) is a holding company that, acting through its subsidiaries, is one of the world’s leading providers of communications, information and entertainment products and services to consumers, businesses and governmental agencies with a presence in over 150 countries around the world. ©2020 Verizon Media. [18] As of 2017, it is also the second largest telecommunications company by revenue after AT&T.[19]. In January 2007, Verizon secured exclusive marketing and promotional rights with the National Hockey League. Telecommunications giant Verizon Communications will pay $20 million and provide significant equitable relief to resolve a nationwide class disability discrimination lawsuit filed by the U.S. [45] In April 2004, the Dow Jones Industrial Average added Verizon Communications to its stock market index. v. Verizon Communications Inc. et al., case number 5:18-cv-05270, in the U.S. District Court for the Eastern District of Pennsylvania. When you pay your communications bills, do you ever wonder where all the money goes? The organization released internal memos and other documents stating that Verizon workers in Pennsylvania were being instructed to, in areas with network problems, migrate voice-only customers to VoiceLink, a system that delivers telephone service over the Verizon Wireless network, and not to repair the copper lines. Verizon Communications, Inc. had a 5% or more interest in these 470+ companies/entities at the end of 2016. Verizon… For its mobile network subsidiary, see, Cable, satellite, and other specialty television providers in the United States, Additional resources on North American television, Companies with an annual revenue of over US$10 billion, wireless communications service provider in the United States, 2008 700 MHz auction of "open access" spectrum, United States Foreign Intelligence Surveillance Court, United States Court of Appeals for the District of Columbia Circuit, List of United States telephone companies, "CBS MarketWatch profile, Verizon Communications, Inc", "Verizon to Return to Its Former Midtown Tower, but on a Smaller Scale", "Verizon Communications Inc. (VZ) Income Statement", "Verizon Communications Inc. (VZ) Balance Sheet", "Verizon realigns organization structure to optimize growth opportunities in 5G era", "Companies in the Dow Jones Industrial Average", "Verizon p;— Investor Relations — Company Profile — Corporate History", "In Big Media Push, Verizon Buys AOL For $4.4B [Memo From AOL CEO Tim Armstrong]", "Yahoo's Sale to Verizon Ends an Era for a Web Pioneer", "Verizon Announces New Name Brand for AOL and Yahoo: Oath", "Grading the top 8 U.S. wireless carriers in the third quarter of 2014", "Verizon Begins Dual-Listing, Adds Presence At Nasdaq", "The World's Largest Telecom Companies: AT&T And Verizon Top China Mobile", "Bell Atlantic plans rapid growth after Jan. spinoff", "FINANCE/NEW ISSUES; Pennsylvania Bell To Buy Back Debt", "CP Telephone workers strike after talks fail", "Bell Atlantic, CWA reach agreement in Washington", "A Sticking-to-Their-Knitting Deal;Nynex and Bell Atlantic Decide They Are Truly Made for Each Other", "Nynex Is Gone, But Its Name Has Yet to Go", "F.C.C. In June 2013, Verizon announced a four-year extension with the NFL in a deal reportedly valued at $1 billion. Filings with the U.S. Securities and Exchange Commission are available in a variety of file formats. Co. has two reportable segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). Business data for Verizon Communications Inc: This page was last edited on 12 December 2020, at 20:06. Verizon had been charging its customers, even those with "unlimited" plans, $20 per month for tethering. Verizon Communications Inc., & All Its Subsidiaries & Affiliates has filed 57 labor condition applications for H1B visa and 364 labor certifications for green card from fiscal year 2017 to 2019. Verizon Communications Malaysia Sdn. [204], "Verizon" redirects here. Verizon Communications, & All Its Subsidiaries & Affiliates was ranked 598 among all visa sponsors. Treasury. Telogis do Brasil Servico de Software Ltda. On February 7, 2010, Verizon Wireless confirmed that 4chan.org was "explicitly blocked"[71] after Verizon's security and external experts detected sweep attacks coming from an IP address associated with the 4chan network. VoiceLink has limitations, including incompatibility with services or devices that require the transmission of data over the telephone line, and a dependency on a battery backup in case of power failure. Verizon Communications Inc., incorporated on October 7, 1983, is a holding company. Verizon Communications Inc. (Verizon, or the Company) is a holding company that, acting through its subsidiaries, is one of the world’s leading providers of communications, information and entertainment products and services to consumers, businesses and governmental agencies. campaign, which was created for the newly formed Verizon Wireless, started running in 2001, and featured actor Paul Marcarelli in the role of "Test Man", a character based on a Verizon network tester, who travels the country asking "Can you hear me now?". Verizon Communications Inc. (Verizon) and XO Holdings filed a series of applications seeking Commission approval to transfer control of various licenses and authorizations held by XO Communications, LLC (XO Communications) from XO Holdings to Verizon. There are 8099 companies in the Verizon Select Services Inc. corporate family. Verizon Communications Inc. and Subsidiaries. ), ----------------------------------------------------------------------------------, Alltel Communications of Arkansas RSA #12 Cellular Limited Partn, Alltel Communications of LaCrosse Limited Partnership. [161], Verizon launched its Humanability campaign in 2017. The company serves approximately 95 million retail connections, 6 million broadband connections and 4 million Fios video connections. Designed to help teens recognize and prevent digital dating abuse, the ads were run on its Wireless' Mobile Web service, Verizon FiOS internet and TV. [85] The same month, Verizon's E-911 service failed in the aftermath of the June 2012 derecho storm in several northern Virginia suburbs of Washington, D.C., with some problems lasting several days. Verizon Subsidiaries, 2017. ... Verizon Communications, Inc. had a 5% or more interest in these 470+ companies/entities at the end of 2016. By continuing your navigation, you consent to their use. [188] In March 2014 Verizon became title sponsor of the series through 2018. [28], Verizon became the largest local telephone company in the United States, operating 63 million telephone lines in 40 states. 1 Phone Company", "Verizon, BellSouth bundling phone services", "Wireless deals put pressure on competitors to grow", "Verizon Wireless kicks off mobile Net access", "AT&T buys Verizon wireless licenses for $3.3 billion", "Microsoft, Verizon tackling wireless together", "Verizon profits flat, revenues up 7 percent", Verizon posts USD2.3 billion profit surge; cancels wireless IPO, "Fast Hookup With Cellphone Is Expected From Verizon", "TECHNOLOGY; In a Reversal, Verizon Backs Rule to Keep Cell Numbers", "TECHNOLOGY; Verizon Wireless Outpaces Rivals in New Subscribers", "AT&T, Kodak, IP out of Dow AIG, Verizon, Pfizer are the newest additions to the world's most widely watched stock index", "Verizon persists with European email blockade", "Verizon signs up millionth FiOS customer", "Verizon FiOS TV service picks up Falls Church franchise", "MCI accepts new $7.6B Verizon bid franchise", "Verizon closes book on MCI merger franchise", "Verizon and SBC deals clear final U.S. hurdle", "Verizon Will Shed Phone Lines in Deal With FairPoint", "Verizon stock takes hit on $50 billion lawsuit", "Phone Utilities Won't Give Details About Eavesdropping", "Verizon Says It Turned Over Data Without Court Orders", "Vonage Settles With Verizon, Stock Soars", "Vonage's Appeal Refused; Verizon Owed $120 Million", "Verizon Reverses Itself on Abortion Messages", "Pigs Fly, Hell Freezes Over and Verizon Opens Up Its Network — No, Really", "Verizon to use new spectrum for advanced wireless", "In Spectrum Auction, Winners Are AT&T, Verizon and Openness", "Verizon's refund is just the start of a shakeup in wireless", "Verizon Wireless pays FCC $25M for years of false data charges". The same report also criticized Verizon for increasing executive pay by 167% in 2010 for its top five executives while laying off 21,308 workers between 2008 and 2010. [197] SNHU Arena in Manchester, New Hampshire, was originally known as the Verizon Wireless Arena until September 2016, when Southern New Hampshire University acquired the naming rights for a period of at least 10 years. [68], In October 2010, Verizon Wireless paid $77.8 million in refunds and FCC penalties for overcharging 15 million customers for data services. [114], On April 27, 2017, Verizon invested $10 million in Renovo Auto, an autonomous vehicle company based in Campbell, California. over Order on Blocking Web Sites", "Verizon admits to throttling data speeds from Netflix and other video content providers | FierceWireless", "Verizon accused of throttling Netflix and YouTube, admits to "video optimization, "BBB blasts Verizon for 5G ads, says coverage claims mislead customers", "Verizon Told To Revise 'First To 5G' Ads", "Who Has Your Back? The organizational chart of Verizon displays its 287 main executives including Hans Vestberg, Matthew Ellis and Guru Gowrappan × We use cookies to provide a better service. They seek Commission approval of the transfer of certain spectrum and licenses and section 214 authorizations relating to Verizon's local and long-distance [30], In June 2003, Verizon Wireless backed an FCC-issued portability requirement that permitted consumers to take their phone numbers with them across carriers. de C.V. Verizon Servicios Empresariales Mexico, S. de R.L. In 2015, Verizon expanded into content ownership by acquiring AOL,[13][14] and two years later, it acquired Yahoo!. [55] It sold 700,000 lines in Hawaii in 2005,[55][76] and spun off lines in Maine, New Hampshire and Vermont in January 2007, which were then purchased by FairPoint Communications for $2.72 billion. The segments of Verizon include Wireline and Wireless. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. [54] Verizon's 2006 revenues rose by as much as 20% following the purchase. [10] The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City,[4] but is incorporated in Delaware. [77], In May 2009, the company spun off wirelines in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia, and Wisconsin into a company that then merged with Frontier Communications in a deal valued at $8.6 billion. [149] The suit was dropped later that month in conjunction with Verizon dropping a similar suit against AT&T. [39][40] The strike affected quarterly revenues,[41] resulting in Verizon Wireless' postponement of the company's IPO[41] (the IPO was ultimately cancelled in 2003 because the company no longer needed to raise revenue for Verizon Wireless due to increased profits),[42] and created a backlog of repairs. Bell Atlantic, the surviving entity, changed its name to Verizon, a portmanteau of veritas (Latin for "truth") and horizon.[12]. Verizon tester logs 25,000 miles a year", "Reports of Verizon Guy's Demise (Slightly) Exaggerated", Sprint's New Pitchman Is Verizon's 'Can You Hear Me Now' Guy, "There's an end to that: AT&T drops Verizon Suite", "AT&T Sues Verizon Over 'There's a Map for That' Ads", "Verizon Brings Ad Council PSAs on Teen Dating Abuse to Mobile, Internet and TV", "Verizon, Ad Council Link Up for Teen PSA Campaign", "Flipsides: Is Verizon's 'Powerful Answers' Campaign Genius or a GE Knockoff? They are the jersey sponsor for the men's and women's national handball team and the men's and women's national beach handball teams. [ 57 ] Protesters staged the National Day of Out ( R ) age in... [ 79 ] in April 2004, the chairmen of Verizon 's Short-Term ( ST ) IDR CP! Coverage maps responsibility programs and more 1.8 verizon communications subsidiaries in 2000 by merging with fellow Baby Bell members 5:18-cv-05270, May! 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