Verizon Communications Inc. (NYSE The New York Stock Exchange is a stock exchange located at 11 Wall Street in lower Manhattan, New York City, USA. It is the world's largest stock exchange by market capitalization of its listed companies at US$12.25 trillion as of May 2010. Average daily trading value was approximately US$153 billion in 2008: VZ, NASDAQ The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations," but the exchange's official stance is that the acronym is obsolete. It is the largest electronic screen-based equity securities trading market in the: VZ) is an American broadband Broadband Internet access, often shortened to just broadband, is a high data rate Internet access—typically contrasted with dial-up access using a 56k modem and telecommunications Telecommunication is the transmission of messages, over significant distances, for the purpose of communication. In earlier times, telecommunications involved the use of visual signals, such as smoke, semaphore telegraphs, signal flags, and optical heliographs, or audio messages via coded drumbeats, lung-blown horns, or sent by loud whistles, for company and a component of the Dow Jones Industrial Average The Dow Jones Industrial Average, also referred to as the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is one of several stock market indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. The average is named after Dow and one of his business associates, statistician Edward Jones. It. It was formed in 1983 as Bell Atlantic as part of the 1984 AT&T breakup into seven Baby Bells. Prior to its transformation into Verizon, Bell Atlantic had merged with another Regional Bell Operating Company, NYNEX, in 1997. The name is a portmanteau A portmanteau (pronounced /pɔrtmænˈtoʊ/ , plural: portmanteaus or portmanteaux) or portmanteau word is used broadly to mean a blend of two (or more) words or morphemes and their meanings into one new word. In linguistics fields, a portmanteau is defined as a blend of two or more function words of veritas In Roman mythology, Veritas, meaning truth, was the goddess of truth, a daughter of Saturn and the mother of Virtue. It was believed that she hid in the bottom of a holy well because she was so elusive. Her image is shown as a young virgin dressed in white. Veritas is also the name given to the Roman virtue of truthfulness, which was considered and horizon The horizon is the apparent line that separates earth from sky, the line that divides all visible directions into two categories: those that intersect the Earth's surface, and those that do not. At many locations, the true horizon is obscured by trees, buildings, mountains, etc., and the resulting intersection of earth and sky is called the.^[2] The company's headquarters are located in the Verizon Building in Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan or "downtown" is defined most commonly as the area delineated on the north by 14th Street, on the west by the Hudson River, on the east by the East River, and on the south by, New York City New York is the most populous city in the United States, and the center of the New York metropolitan area, which is one of the most populous metropolitan areas in the world. A leading global city, New York exerts a powerful influence over global commerce, finance, media, culture, art, fashion, research, education, and entertainment. As host of the.^[3]

History

Verizon was founded as Bell Atlantic Corporation by AT&T Corporation as one of seven Baby Bells that were formed due to an anti-trust judgement against them. It then inherited seven of the Bell Operating Companies from American Telephone & Telegraph AT&T Corporation, originally the American Telephone & Telegraph Company, is an American telecommunications company that provides voice, video, data, and Internet telecommunications and professional services to businesses, consumers, and government agencies. During its long history, AT&T was at times the world's largest telephone Company (later known as AT&T Corp.) following its breakup. Bell Atlantic's original roster of operating companies included:

• The Bell Telephone Company of Pennsylvania
• New Jersey Bell Telephone Company
• The Diamond State Telephone Company
• The Chesapeake and Potomac Telephone Company
• The Chesapeake and Potomac Telephone Company of Maryland
• The Chesapeake and Potomac Telephone Company of Virginia
• The Chesapeake and Potomac Telephone Company of West Virginia

Bell Atlantic originally operated in the U.S. states A U.S. state is any one of 50 federated states of the United States of America that share sovereignty with the federal government. Because of this shared sovereignty, an American is a citizen both of the federal entity and of his or her state of domicile. Four states use the official title of commonwealth rather than state. State citizenship is of New Jersey The area was inhabited by Native Americans for more than 2,800 years, with historical tribes such as the Lenape along the coast. In the early 1600s, the Dutch and the Swedes made the first European settlements. The English later seized control of the region, naming it the Province of New Jersey. It was granted as a colony to Sir George Carteret, Pennsylvania Pennsylvania has 51 miles of coastline along Lake Erie and 57 miles (92 km) of shoreline along the Delaware Estuary, Delaware Delaware is located in the northeastern portion of the Delmarva Peninsula and is the second smallest state in area . Estimates in 2007 rank the population of Delaware as 45th in the nation, but 6th in population density, with more than 60% of the population in New Castle County. Delaware is divided into three counties. From north to south, these, Maryland Maryland is a major center for life sciences research and development. With more than 350 biotechnology companies located there, Maryland is the third-largest nexus in this field in the United States, West Virginia West Virginia became a state following the Wheeling Conventions, breaking away from Virginia during the American Civil War. The new state was admitted to the Union on June 20, 1863, and was a key Civil War border state. West Virginia was the only state to form by seceding from a Confederate state, and was one of only two states formed during the, and Virginia The area's history begins with several indigenous groups, including the Powhatan. In 1607 the London Company established the Colony of Virginia as the first permanent New World English colony. Land from displaced Native American tribes and slave labor each played significant roles in the colony's early politics and plantation economy. Virginia was, as well as Washington, D.C. Washington, D.C. , formally the District of Columbia and commonly referred to as Washington, the District, or simply D.C., is the capital of the United States, founded on July 16, 1790. The City of Washington was originally a separate municipality within the Territory of Columbia until an act of Congress in 1871 effectively merged the City and the

In 1994, Bell Atlantic became the first Regional Bell Operating Company The Regional Bell Operating Companies are the result of the U.S. Department of Justice antitrust suit against the former American Telephone & Telegraph Company (later known as AT&T Corp.) On January 8, 1982, AT&T Corp. settled the suit and agreed to divest ("spin off") its local exchange service operating companies. Effective to entirely drop the original names of its original operating companies. Ameritech AT&T Teleholdings, Inc., formerly Ameritech Corporation is a U.S. telecommunications company that arose out of the 1984 AT&T divestiture. Ameritech was one of seven Regional Bell Operating Companies divested and NYNEX (and SBC Communications SBC Communications was a former regional holding company that specialized in local, Wireless, internet service in the United States and internationally. Originally named Southwestern Bell Telephone Company it was changed in 1995 to SBC Communications. Over the years the company took over various other local providers including: Pacific Bell, in 2002) simply added d/b/a names to its operating companies; U S West and BellSouth BellSouth Corporation is an American telecommunications holding company based in Atlanta, Georgia. BellSouth was one of the seven original Regional Bell Operating Companies after the U.S. Department of Justice forced the American Telephone & Telegraph Company to divest itself of its regional telephone companies on January 1, 1984 had merged their operating companies. Operating company titles were simplified to:

• Bell Atlantic—Delaware, Inc.
• Bell Atlantic—Maryland, Inc.
• Bell Atlantic—New Jersey, Inc.
• Bell Atlantic—Pennsylvania, Inc.
• Bell Atlantic—Virginia, Inc.
• Bell Atlantic—Washington, D.C., Inc.
• Bell Atlantic—West Virginia, Inc.

In 1996, CEO and Chairman Raymond W. Smith orchestrated Bell Atlantic's merger with NYNEX. When it merged, it moved its corporate headquarters from Philadelphia Philadelphia is the largest city in Pennsylvania and the sixth-most-populous city in the United States to New York City. NYNEX was consolidated into this name by 1997.

Prior to its merger with GTE, Bell Atlantic traded on the New York Stock Exchange The New York Stock Exchange is a stock exchange located at 11 Wall Street in lower Manhattan, New York City, USA. It is the world's largest stock exchange by market capitalization of its listed companies at US$12.25 trillion as of May 2010. Average daily trading value was approximately US$153 billion in 2008 (NYSE) under the "BEL" symbol.

GTE merger

Bell Atlantic merged with GTE GTE Corporation was the largest of the "independent" US telephone companies during the days of the Bell System. It acquired the third largest independent, Continental Telephone (ConTel) in 1991. They also owned Automatic Electric, a telephone equipment supplier similar in many ways to Western Electric, and Sylvania Lighting, the only non- on June 30, 2000 and changed its name to Verizon Communications Inc. It was among the largest mergers in United States business history. It was the result of a definitive merger agreement, dated July 27, 1998, between Bell Atlantic, based in New York City since the merger with NYNEX in 1996, and GTE, which was in the process of moving its headquarters from Stamford, Connecticut Stamford is a city in Fairfield County, Connecticut, United States. According to 2007 Census Bureau estimates, the population of the city is 118,475, making it the fourth largest city in the state and the eighth largest city in New England Stamford is part of the New York metropolitan area, to Irving, Texas Irving is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to the U.S. Census Bureau. Irving is within the Dallas–Plano–Irving metropolitan division.

The Bell Atlantic–GTE merger, priced at more than $52 billion at the time of the announcement, closed nearly two years later, following analysis and approvals by Bell Atlantic and GTE shareowners, 27 state regulatory commissions and the Federal Communications Commission The Federal Communications Commission is an independent agency of the United States government, created, directed and empowered by Congressional statute (see 47 U.S.C. § 151 and 47 U.S.C. § 154), and with the majority of its commissioners appointed by the current President. The FCC works towards six goals in the areas of broadband, competition, (FCC), and clearance from the United States Department of Justice The United States Department of Justice , is the United States federal executive department responsible for the enforcement of the law and administration of justice, equivalent to the justice or interior ministries of other countries (DoJ) and various international agencies.

The merger of Bell Atlantic and GTE, to form Verizon Communications, became effective on June 30, 2000, with an exchange ratio of 1.22 shares of Verizon Communications Common Stock for each share of GTE Common Stock owned. Fractional shares resulting from the exchange of GTE stock into Verizon Communications shares were sold at a price of $55.00 per share. Verizon began trading on the NYSE under its new "VZ" symbol on Monday, July 3, 2000.

Meanwhile, on September 21, 1999, Bell Atlantic and UK-based Vodafone AirTouch Plc (now Vodafone Group Plc) announced that they had agreed to create a new wireless business with a national footprint, a single brand and a common digital technology – composed of Bell Atlantic's and Vodafone's U.S. wireless assets (Bell Atlantic Mobile (which was previously called Bell Atlantic-NYNEX Mobile by 1997), AirTouch AirTouch Communications was a U.S.-based wireless service provider that was created when PacTel Cellular was spun off from Pacific Telesis on April 1, 1994, forming both AirTouch Cellular and AirTouch Paging from "PacTel Cellular" and "PacTel Paging".[citation needed] Its headquarters were in One California in the Financial Cellular, PrimeCo Personal Communications, and AirTouch AirTouch Communications was a U.S.-based wireless service provider that was created when PacTel Cellular was spun off from Pacific Telesis on April 1, 1994, forming both AirTouch Cellular and AirTouch Paging from "PacTel Cellular" and "PacTel Paging".[citation needed] Its headquarters were in One California in the Financial Paging). This wireless joint venture received regulatory approval in six months, and began operations as Verizon Wireless Cellco Partnership, doing business as Verizon Wireless, is a wireless phone provider that owns and operates the largest mobile telecommunications network in the United States, based on a total of 92.8 million U.S. subscribers. Headquartered in Basking Ridge, New Jersey, the company is a joint venture of U.S. telecommunications firm Verizon on April 4, 2000, kicking off the new "Verizon" brand name. GTE's wireless operations became part of Verizon Wireless – creating what was initially the nation's largest wireless company before Cingular Wireless Cingular Wireless LLC was the largest United States Mobile phone company, with headquarters in Atlanta, Georgia. Cingular, formed in 2001, was a Joint venture of the American landline telephone companies AT&T and BellSouth. The two companies held 60% and 40% stakes in Cingular, respectively, based on the value of the assets each company acquired AT&T Wireless AT&T Wireless Services, Inc., formerly part of AT&T Corp., was a wireless telephone carrier in the United States, based in Redmond, Washington, and later traded on the New York Stock Exchange under the stock symbol "AWE", as a separate entity from its former parent in 2004 – when the Bell Atlantic–GTE merger closed nearly three months later. Verizon then became the majority owner (55%) of Verizon Wireless.

Genuity was formerly the Internet division of GTE Corp and spun off in 2000.^[4] Level 3 Communications Level 3 Communications is a communications and information services company headquartered in Broomfield, Colorado, USA. It has operating locations throughout the US and Europe. The company operates one of the largest communications and Internet backbones in the world. Level 3 is a Tier 1 network and the current owner of AS1, but it operationally acquired the assets of the bankrupt ISP in 2002 for only $137 million; a bargain-basement price considering the $616 million that a pre-Bell Atlantic-merger GTE paid for Genuity (then BBN Planet) in 1997.^[5]

Merger effects

Note this section refers to land lines only, as Verizon Wireless Cellco Partnership, doing business as Verizon Wireless, is a wireless phone provider that owns and operates the largest mobile telecommunications network in the United States, based on a total of 92.8 million U.S. subscribers. Headquartered in Basking Ridge, New Jersey, the company is a joint venture of U.S. telecommunications firm Verizon operates nationwide.

Verizon shares In financial markets, a share is a unit of account for various financial instruments including stocks , and investments in limited partnerships, and REITs. The common feature of all these is equity participation (limited in the case of preference shares) were made a component of the Dow Jones Industrial Average The Dow Jones Industrial Average, also referred to as the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is one of several stock market indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. The average is named after Dow and one of his business associates, statistician Edward Jones. It on April 8, 2004.^[6] Verizon currently has 140.3 million land lines in service. With the MCI merger, it has more than 250,000 employees. Verizon serves customers throughout much of the United States. The states to which it provides service include:

• California California's geography ranges from the Pacific coast to the Sierra Nevada mountain range in the east, to Mojave desert areas in the southeast and the Redwood–Douglas fir forests of the northwest. The center of the state is dominated by the Central Valley, one of the most productive agricultural areas in the world. California is the most^&
• Connecticut Southwestern Connecticut is part of the New York metropolitan area; three of Connecticut's eight counties, including most of the state's population, are in the New York City combined statistical area, commonly called the Tri-State Region. Connecticut's center of population is in Cheshire, New Haven County
• Delaware Delaware is located in the northeastern portion of the Delmarva Peninsula and is the second smallest state in area . Estimates in 2007 rank the population of Delaware as 45th in the nation, but 6th in population density, with more than 60% of the population in New Castle County. Delaware is divided into three counties. From north to south, these
• Florida With an area of 65,758 square miles , it is ranked 22nd in size among the 50 U.S. states. Florida has the most coastline in the Contiguous United States encompassing approximately 1,200 miles. The state has four large urban areas, a number of smaller industrial cities, and many small towns‡
• Maryland Maryland is a major center for life sciences research and development. With more than 350 biotechnology companies located there, Maryland is the third-largest nexus in this field in the United States
• Massachusetts Massachusetts has been significant throughout American history. Plymouth was the second permanent English settlement in North America. Many of Massachusetts's towns were founded by colonists from England in the 1620s and 1630s. The Merrimack Valley has been, since 1650, a center of creativity through the poetic word. America's first published poet*
• New Jersey The area was inhabited by Native Americans for more than 2,800 years, with historical tribes such as the Lenape along the coast. In the early 1600s, the Dutch and the Swedes made the first European settlements. The English later seized control of the region, naming it the Province of New Jersey. It was granted as a colony to Sir George Carteret
• New York New York City, which is geographically the largest city in the state and most populous in the United States, is known for its history as a gateway for immigration to the United States and its status as a financial, cultural, transportation, and manufacturing center. According to the U.S. Department of Commerce, it is also a destination of choice
• Pennsylvania Pennsylvania has 51 miles of coastline along Lake Erie and 57 miles (92 km) of shoreline along the Delaware Estuary^#~
• Rhode Island The State of Rhode Island and Providence Plantations, more commonly referred to as Rhode Island ( /ˌroʊd ˈaɪlɨnd/ or /rɵˈdaɪlɨnd/), is a state in the New England region of the United States. It is the smallest U.S. state by area. Rhode Island borders Connecticut to the west and Massachusetts to the north and east, and it shares a water*
• Texas Houston is the largest city in Texas and the fourth-largest in the United States, while San Antonio is the second largest in the state and seventh largest in the United States. Dallas–Fort Worth and Greater Houston are the fourth and sixth largest United States metropolitan areas, respectively. Other major cities include El Paso and Austin—the^{^}
• Virginia^#†
• Washington, D.C.

(#) Also served by Bell operating companies (refer below)

These states are served by the following operating companies:

Renamed former Bell Operating Companies:

• Verizon Delaware, Inc. – Also serves a portion of southeastern Pennsylvania
• Verizon Maryland, Inc.
• Verizon New England Telephone & Telegraph, Inc. – noted with a (*)
• Verizon New Jersey, Inc.
• Verizon New York Telephone, Inc. – Also serves Southwestern Connecticut
• Verizon Pennsylvania, Inc.
• Verizon Virginia, Inc.
• Verizon Washington, D.C., Inc.

(Verizon's original service area included West Virginia, which had been served by Bell Atlantic prior to the Verizon merger, under the operating company Verizon West Virginia, Inc. However, Verizon sold all of its West Virginia wireline assets to Frontier Communications as part of a larger deal that was finalized in 2010. (see Divestitures section))

Former GTE operating companies:

• GTE Southwest, Inc. dba Verizon Southwest,Inc. (marked with a ^{^})
• GTE Florida, Inc. dba Verizon Florida, Inc. (marked with a ^‡)
• Verizon South, Inc. (marked with a ^†)
• Verizon North, Inc. (marked with a ^~)
• Verizon California, Inc. (marked with a ^&)

Verizon also owns stakes in some international communications companies, most notably 23.14% of Vodafone Italy. Verizon's other international investment is 50% ownership of Gibraltar NYNEX Communications.

Divestitures

Due to the rigorous climate and high costs, GTE Alaska was sold to Alaska Power and Telephone Company rather than be merged with Verizon.

In 2002, Verizon sold GTE's former telephone operations in 3 states: Missouri and Alabama operations were sold to CenturyTel, who merged with Embarq in 2009 to become CenturyLink, and Kentucky operations were sold to Alltel, which later spun off its landline operations as Windstream. In 2005, Verizon sold off GTE's former telephone operations in Hawaii to The Carlyle Group, This operation is now known as Hawaiian Telcom.

On April 3, 2006 Verizon agreed to sell its stakes in Verizon Dominicana (operating in the Dominican Republic), CANTV of Venezuela, and Puerto Rico Telephone Company, Inc. (PRT) in Puerto Rico to Telmex and América Móvil for $3.7 billion.^[7]

On January 16, 2007, Verizon New England operations in Maine, New Hampshire, and Vermont were split off into a new Bell Operating Company, spun off, and merged with FairPoint Communications, a deal which was finalized on April 1, 2008

On May 13, 2009, Verizon announced it was selling all of Verizon's wireline assets in Arizona, Idaho, Illinois, Indiana, Michigan, Nevada, North Carolina, Ohio, Oregon, South Carolina, Washington, West Virginia and Wisconsin as well as some assets in California to Frontier Communications.^[8] On July 1, 2010, the transfer of these assets to Frontier took place.^[9]

MCI acquisition

On February 14, 2005, Verizon agreed to acquire MCI, formerly WorldCom, after SBC Communications agreed to acquire AT&T Corp. just a few weeks earlier.

Media coverage has focused on several ways in which that acquisition, once completed, would benefit Verizon, including economies of scale derived from a potential productivity boost to be achieved via the elimination of thousands of jobs at the combined company, and access to the large base of business customers currently served by MCI. The real benefit to Verizon was the acquisition of long-haul lines. The bulk of Verizon's business is concentrated in the eastern United States. This not only renders the company, effectively, a regional phone company, but also forces it to pay usage fees to long-haul carriers, such as former MCI, to complete calls for its customers whenever those calls go outside the Verizon "footprint". That need is obviated by the MCI acquisition and was key in the long term market position strategy. By January 6, 2006, MCI was incorporated into Verizon with the name Verizon Business. With this merger, Verizon also acquired the naming rights to the Washington, D.C. home of the Washington Wizards and the Washington Capitals, the Verizon Center (formerly known as the MCI Center). Just prior to the acquisition, MCI had purchased an internet services company, Totality.

Verizon, with MCI, was the largest telecommunications company in the United States based on sales of $75.11 billion, profits of $7.4 billion and assets of $168.13 billion. After^[update] completion of the BellSouth/AT&T Inc. merger, AT&T Inc. became the largest telecommunications company in the world in terms of assets and profits.^[10]

Controversies

Verizon has been involved in several public controversies.

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. Individual domains would only be unblocked upon request.^[11]

On May 11, 2006, controversy arose when USA Today revealed that Verizon, along with AT&T Inc. and BellSouth, had turned over the call records of millions of U.S. citizens to the National Security Agency. Verizon flatly denied turning over records to the government, but did not comment on whether MCI, which it had acquired in January, had done so.^[12] On October 12, 2007, the company admitted in a letter to the United States House Committee on Energy and Commerce that it had turned over customer information to the FBI and other federal agencies of the U.S. government approximately 94,000 times from January 2005 to September 2007, providing such information 720 times without being presented with a court order or warrant.^[13]

In September 2007, Verizon Wireless initially refused to make their mobile phonenetwork available to NARAL Pro-Choice Americafor a program which allows people to sign up for pro-choice text messages, on the grounds that they had the right to block "controversial or unsavory" messages. They subsequently reversed the decision:

"It was an incorrect interpretation of a dusty internal policy, that ... was designed to ward against communications such as anonymous hate messaging and adult materials sent to children. ... [Verizon has] great respect for this free flow of ideas."^[14]

The 2008 sale of land line operations in Northern New England to FairPoint Communications raised questions. The parties had to work with the governments of Maine, New Hampshire and Vermont to ensure the sale went forward.^{[citation needed]}

On February 4, 2010, 4chan started receiving reports from Verizon Wireless customers that they were having difficulties accessing the site's image boards. 4chan administrators found out that only traffic on port 80 to the boards.4chan.org domain was affected, leading them to believe that the block was intentional. On February 7, 2010, Verizon Wireless confirmed that 4chan.org was "explicitly blocked".^[15]

Verizon services

Voice

Verizon provides several different types of land line services - standard POTS (Plain Old Telephone Service) service as well as VoIP (Voice Over Internet Protocol) and optical fiber line services. In addition, Verizon offers long distance services. Verizon also offers a product that is a joint venture with Microsoft called "Verizon Web Calling", a type of VoIP service used within Windows Live Messenger. See also Iobi.

Voicemail

Verizon provides Verizon Voice Messaging — voicemail service for residences and businesses.

Wireless

For Verizon's wireless division, see Verizon Wireless.

Verizon VoiceWing

Verizon VoiceWing is a Voice over IP (VoIP) service offered by Deltathree and resold by Verizon^[16] that offers phone service over a broadband Internet connection. A DSL, cable, or Verizon FiOS Internet connection, a regular telephone, a router, and a telephone adaptor are required for service. On March 31, 2009, Verizon terminated VoiceWing service for all existing subscribers.

Video

Verizon launched its FiOS Video service in Keller, Texas on September 22, 2005. FiOS TV^[17] uses an optical fiber network to deliver more than 500 total channels, more than 180 digital music channels, more than 95 high-definition channels, and 10,000 video-on-demand titles. Verizon also provides DirecTV service as well.

Data

Verizon provides High Speed Internet DSL Internet service in many areas where it offers phone service. DSL is offered in various speeds ranging from 768 kbps to 7.1 mbps download, depending on what the local infrastructure can support.

Verizon began offering FTTP (Fiber to the Premises, or Fiber to the Home) to some subscribers in 2006. Verizon calls this "FiOS".^[18]

According to the non-profit spam monitoring organization Spamhaus, Verizon has the largest number of known spammers of all networks worldwide (as of August 2, 2007).^[19]

Directory operations

The Yellow Pages business of Verizon is known as SuperPages, and is a Texas-based sales, publishing and related services with 1,200 directory titles and a circulation of about 121 million copies in 41 states. The web site receives approximately 17 million visitors a month. It had an operating revenue of $3.6 billion in 2004 and employs 7,300 nationwide.^[20] In a move to leverage against higher traffic sites, Superpages linked up with Google to provide search advertising services to its millions of listed businesses. SuperPages will offer its advertisers the ability to bid for Google search terms.^[21]

With an estimated $17 billion in assets, Verizon has spun off the business unit to finance its expansion in wireless and high-speed Internet services.^[22] Verizon is not the first Baby Bell to rid itself of its directory publishing operations; Qwest sold off its QwestDex directory services to become Dex Media, and Illinois Bell, now known as AT&T, sold its directory operations to R. H. Donnelley in 1990 ("AT&T Yellow Pages published by R. H. Donnelley").

Sponsorships and naming rights

• The Verizon Center in Washington, DC.
• Verizon Championship Racing a sponsorship partnership with Team Penske in the IRL's IndyCar Series and NASCAR Nationwide Series.
• Verizon Heritage PGA Tour FedEx Cup event in Hilton Head Island, South Carolina
• Verizon IMAX 3D theater inside Jordan's Furniture stores in Natick, MA and Reading, MA.(Formerly called Motion Odyssey Movie, M.O.M.)
• The Verizon Sports Complex in Lake Placid, New York where the bobsleigh, luge, and skeleton track is located.
• Verizon Wireless Amphitheatre/Verizon Wireless Music Center in various cities across the U.S., including: Irvine, CA; Noblesville, IN; St. Louis, MO; Charlotte, NC; Pelham, AL; and Virginia Beach, VA.
• The Verizon Wireless Arena in Manchester, NH.
• The Verizon Arena in North Little Rock, AR.
• The Alltel Center in Mankato, Minnesota will be renamed the Verizon Center

Corporate governance

Current members of the board of directors of Verizon Communications^[23] are Richard Carrión, Robert Lane, Sandra Moose, Joseph Neubauer, Thomas O'Brien, Hugh Price, Ivan Seidenberg, Walter Shipley, John R. Stafford, and Robert Storey.^[24]

See also

• Airfone — Air-ground radiotelephone service offered by Verizon
• AirTouch
• Idearc
• MCI Communications
• Playlinc
• Verizon Business
• Verizon SmartPark — Advanced Telecommunications Services
• Verizon Wireless

References

1. ^ "Verizon 2009 10-K Annual Report". Form 10-K. Verizon Communications, Inc.. 2009. http://investor.verizon.com/sec/sec_frame.aspx?FilingID=7081932. Retrieved 2010-06-02.
2. ^ "Verizon - Investor Relations - Company Profile - Corporate History". http://investor.verizon.com/profile/history/index.aspx. Retrieved 2008-09-20.
3. ^ "Customer Support Contacts." Verizon Communications. Retrieved on February 18, 2009.
4. ^ Haley, Colin C. (July 25, 2002). "Genuity Jilted by Verizon, Mulls Options". Internet.com. http://boston.internet.com/news/article.php/1432771.
5. ^ Pappalardo, Denise (February 10, 2003). "Changes afoot for Genuity customers". Network World. http://www.networkworld.com/news/2003/0210level3.html.
6. ^ Isadore, Chris (April 1, 2004). "AT&T, Kodak, IP out of Dow". CNN/Money. http://money.cnn.com/2004/04/01/markets/dow/.
7. ^ Verizon to sell off Latin units, iht.com
8. ^ Verizon, Frontier in $8.6B deal for wirelines, google.com
9. ^ Murawski, John (2010-07-01). "Frontier phone switch starts". News & Observer. http://www.newsobserver.com/2010/07/01/560055/frontier-phone-switch-starts.html. Retrieved 2010-07-01.
10. ^ The Global 2000 for 2007, fobes.com
11. ^ Verizon persists with European email blockade, John Leyden, The Register, January 14, 2005
12. ^ Public Hearings Sought in Phone Record Scandal, William Fisher, Inter Press Service, May 26, 2006
13. ^ Verizon Gave Customer Data To Government Without Court Orders, consumeraffairs.com
14. ^ Liptak, Adam (2007-09-27). Verizon Reverses Itself on Abortion Rights Messages. The New York Times, September 27, 2007. Retrieved from http://www.nytimes.com/2007/09/27/business/27cnd-verizon.html.
15. ^ Moot (2010-02-07). Verizon Wireless confirms block. status.4chan.org, 7 February 2010. Retrieved from http://status.4chan.org/index.html#2310965532000217917.
16. ^ "Deltathree Reports First Quarter 2007 Financial Results". May 3, 2007. http://investor.deltathree.com/phoenix.zhtml?c=72861&p=irol-newsArticle&ID=995165.
17. ^ "Verizon FiOS TV: FiOS TV". http://www22.verizon.com/FiOSForHome/channels/FiOSTV/FiosTVHome.aspx#/. Retrieved February 12, 2006.
18. ^ "Verizon FiOS: FiOS for Home". http://www.verizon.net/fios/. Retrieved September 6, 2005.
19. ^ "Spamhaus Statistics: The Top 10". http://www.spamhaus.org/statistics/networks.lasso. Retrieved August 2, 2007.
20. ^ "Verizon may sell $17 billion directory services". Billings Gazette. December 7, 2005. http://www.billingsgazette.com/index.php?display=rednews/2005/12/07/build/business/52-verizon.inc.
21. ^ "Verizon online directory in ad deal with Google". Reuters. March 28, 2006. http://today.reuters.com/business/newsArticle.aspx?storyID=nN28384443.
22. ^ Ranii, David (December 6, 2005). "Donnelley likely to pass on Verizon directories". The News & Observer. http://www.newsobserver.com/104/story/374766.html.
23. ^ Investor.verizon.com
24. ^ "Verizon Corporate Governance". http://investor.verizon.com/corp_gov/board_directors.aspx. Retrieved January 2, 2008.

External links

• Official site
• Verizon Business
• A History of Verizon Communications
• Verizon Promo Code Page That's Updated Constantly With Current Deals
• Bell Atlantic (Archive)

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