[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. [177], According to Cbonds, the newly issued green bonds have 3.875% coupon rate and will mature on August 5, 2029. ", "Prize-Winning Amounts Reported in $10M Powerful Answers Award", "Verizon Launches $10M Powerful Answers Contest", "Ad of the Day: Verizon Reminds Parents That Girls Aren't Just Pretty but 'Pretty Brilliant, "Powerful Ad Shows What A Little Girl Hears When You Tell Her She's Pretty", "#InspireHerMind: Viral Ad Hopes to Draw Girls to STEM Jobs", "Meet Poor Decision-Making Rob Lowe (He Has a Face Tattoo)", "NBA's Recovering Jabari Parker Makes Gatorade Debut", "These Verizon Ads Are All About Real Estate: We're Obsessed", "See the spot: Verizon delivers 'connections that matter' in new brand campaign", "Verizon's new ad campaign: We're more than just a wireless network", "Verizon rolls out new ad campaign as net neutrality protests loom", "Melanie L. Healey - Verizon Board of Directors", "Verizon elects Hans Vestberg to chairman of the board, Lowell McAdam retires", "Verizon Foundation to give $1M to literacy program", "Verizon Foundation Launches Education Initiative to Strengthen Student Learning in Science, Technology, Engineering and Math through Mobile Technology", "After Achieving Early Success, Innovative Program That Helps Teachers Use Mobile Technology to Improve Student Learning Expands to 12 More Schools", "Verizon Foundation: Incubating New Social Solutions & Getting Kids ConnectEd", "Donate your old phone, support domestic violence aid with Verizon's HopeLine", "Verizon presents grant to "End Domestic Abuse WI," Packers collecting no-longer-used wireless phones", "Verizon Launches Entrepreneurship Training Program to Help Domestic Violence Survivors Become Small Business Owners", "Verizon to spend $100M on solar panels, fuel cells for facilities", "Verizon to become solar-power leader in the U.S. telecom industry", "New bond issue: Verizon Communications issued inagural green bonds (US92343VES97) with a 3.875% coupon for USD 1,000.0m maturing in 2029", "International bonds: Verizon Communications, 3.875% 8feb2029, USD", Why Antivirus Standards of Certification Need to Chang, "Verizon Sues F.C.C. [20][21] Bell Atlantic's original roster of operating companies included: Bell Atlantic originally operated in the states of New Jersey, Pennsylvania, Delaware, Maryland, West Virginia, and Virginia, as well as Washington, D.C.[24], In 1996, CEO and Chairman Raymond W. Smith orchestrated Bell Atlantic's merger with NYNEX. [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. | Handball Planet", "Verizon steps into Rings, sponsors Team Handball", "Verizon steps into the Olympic rings, sponsors Team Handball", "SNHU Partners with SMG to Provide Opportunities for Students and Connect with the Community", "Curtain to close on Irvine Meadows Amphitheater", "Verizon Wireless Amphitheater gets new name", "Live Nation to hire 175 seasonal employees in metro Atlanta", "Philadelphia gets a new concert hall a century aborning", The Bell Telephone Company of Pennsylvania, The Chesapeake & Potomac Telephone Company, The Chesapeake & Potomac Telephone Company of Maryland, The Chesapeake & Potomac Telephone Company of West Virginia, The Chesapeake & Potomac Telephone Company of Virginia, Alexander Graham Bell National Historic Site, New England Telephone and Telegraph Company, R.H. Donnelley Publishing and Advertising of Illinois, Northern New England Telephone Operations, United States landline telephone companies, Internet service providers of the United States, List of local television stations in North America, List of United States stations available in Canada, List of American cable and satellite networks, 1994 United States broadcast TV realignment, 2006 United States broadcast TV realignment, List of Canadian television stations available in the United States, Global surveillance disclosures (2013–present), https://en.wikipedia.org/w/index.php?title=Verizon_Communications&oldid=993844752, Cable television companies of the United States, Mass media companies of the United States, Pay telephone operators of the United States, Telecommunications companies of the United States, Telecommunications companies established in 1983, Companies in the Dow Jones Industrial Average, Companies listed on the New York Stock Exchange, Pages with non-numeric formatnum arguments, Articles with dead external links from August 2018, Articles with permanently dead external links, Short description is different from Wikidata, All Wikipedia articles written in American English, Articles containing potentially dated statements from 2016, All articles containing potentially dated statements, Articles with unsourced statements from December 2020, Creative Commons Attribution-ShareAlike License, Kathryn Tesija, former executive vice president of, Ronan Dunne, executive vice president and group CEO, Verizon Consumer, Tami Erwin, executive vice president and group CEO, Verizon Business, Guru Gowrappan, executive vice president and group CEO, Verizon Media. The memo warned that technicians who do not follow this procedure would be subject to "disciplinary action up to and including dismissal". As part of the settlement, Verizon made a voluntary payment of $1.25 million to the U.S. [citation needed], On May 12, 2015, Verizon announced it would acquire AOL at $50 per share, for a deal valued around $4.4 billion. ©2020 Verizon Media. Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and … Verizon Communications has not reported any outside spending in the 2020 election cycle. Verizon Communications Inc. (NYSE:VZ), through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. [88], In July 2012, the FCC ruled that Verizon must stop charging users an added fee for using 4G smartphones and tablets as Wi-Fi hotspots (known as "tethering"). Sign up for membership to become a founding member and help shape HuffPost's next chapter. 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. [32], During its first operational year, Verizon Wireless released Mobile Web, an Internet service that allowed customers to access partner sites such as E*Trade, ABC News, ESPN, Amazon.com, Ticketmaster, and MSN,[34] as well as the "New Every Two" program, which gave customers a free phone with every two-year service contract. [176], On February 5, 2019, Verizon first entered the green bond market with an issue of $1 billion. [178], According to Google Project Zero researcher Tavis Ormandy, Verizon applies a simplistic certification methodology to give its "Excellence in Information Security Testing" award, e.g. 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. Verizon is one of the world’s leading communication companies. Verizon Communications, & All Its Subsidiaries & Affiliates was ranked 598 among all visa sponsors. It states that we are accountable and that we are committed to doing the right thing. The suit, filed against 24 named subsidiaries of Verizon Communications, said the company unlawfully denied … [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. Our Credo underlies the company’s human rights commitments, as expressed in this Human Rights Policy. [135], On May 23, 2017, Verizon CEO Lowell McAdam confirmed the company's plan to launch a streaming TV service. [183] Verizon had been cited by the Better Business Bureau in March 2019 for ads that "convey the message that Verizon has achieved the important milestone of deploying the first mobile wireless 5G network" prior to 5G availability, falsely conveying that the technology was currently available. [91], On June 5, 2013, The Guardian reported it had obtained an order by the Federal Bureau of Investigation (FBI) and approved by the United States Foreign Intelligence Surveillance Court that required Verizon to provide the NSA with telephone metadata for all calls originating in the U.S.[92][93] Verizon Wireless was not part of the NSA data collection for wireless accounts due to foreign ownership issues. Bell Atlantic was the surviving company name, and the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. Bell Atlantic Corporation was created as one of the original Regional Bell Operating Companies (RBOCs) in 1984, during the breakup of the Bell System. [40] This strike did not involve all company employees, as mostly line technicians and user technicians of the company are union. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country that was not already in Bell Atlantic's footprint. In January 2007, Verizon secured exclusive marketing and promotional rights with the National Hockey League. 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". Through its subsidiaries, Co. provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. About Verizon Communications: Verizon Communications is a holding company. Verizon Communications spent $11,143,183 lobbying in 2019. Co. has two reportable segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). Through its subsidiaries, Co. provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. [10] The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City,[4] but is incorporated in Delaware. [51][52] As a result, Verizon Business was established as a new division to serve the company's business and government customers. 4chan.org. [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. [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. [174] As part of an initiative to reduce the company's carbon intensity metrics by 50 percent by 2020, Verizon announced planned investment in solar panels and natural gas fuel cells at its facilities. Verizon Select Services Inc. has 10 employees at this location. [73][74], In December 2010, Verizon introduced its 4G LTE network in 38 markets, as well as airports in seven additional cities. 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. Verizon Communications Inc. (NYSE: VZ), is a telephone, internet service provider, and television company in the United States. All rights reserved. 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. The spokesperson stated that it was "hard to argue with disciplining someone who intentionally leaves a customer without service". [99], On January 22, 2014, the Wall Street Journal reported that Verizon received more than 1,000 requests for information about its subscribers on national security grounds via National Security Letters. In total, Verizon received 321,545 requests from federal, state and local law enforcement for U.S. customer information. [32][33] Verizon Wireless merged Bell Atlantic's wireless network, Vodafone's AirTouch and PrimeCo holdings, and the wireless division of GTE. [123] While capable of very high speeds, mmWave has limited range and poor building penetration. (And what does NCC Charlie, NCC Delta and NCC Echo Company do, exactly? [192], In 2020 USA Team Handball CEO Barry Siff that they are planning to create an American professional team handball league sponsored by Verizon. Corporations Paid More to Lobby Congress Than Income Taxes, 2008–2010", "Verizon to Buy Hughes Telematics for $612 Million", "F.C.C. [26] NYNEX was consolidated into this name by 1997. [46] Verizon replaced telecom competitor AT&T, which had been a part of the index since the Great Depression. Verizon Servicios Administrativos, S. de R.L. Wireline is for video, data and voice products and Wireless is for … [44] The company gained 1.5 million new subscribers the following quarter, partially due to the rule change. [162][163], The current board of directors is comprised as follows as of July 2019:[164], The Verizon Foundation is the philanthropic arm of Verizon Communications, which donates about $70 million per year to nonprofit organizations, with a focus on education, domestic violence prevention, and energy management. [180] Verizon has admitted to throttling content of its competitors including Netflix and YouTube. [18] As of 2017, it is also the second largest telecommunications company by revenue after AT&T.[19]. 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. Business data for Verizon Communications Inc: This page was last edited on 12 December 2020, at 20:06. Treasury. [193] They are planning to have the owners until the end of 2020. Verizon had been charging its customers, even those with "unlimited" plans, $20 per month for tethering. [68], In October 2010, Verizon Wireless paid $77.8 million in refunds and FCC penalties for overcharging 15 million customers for data services. to Comodo Group. The three patents named were filed by Bell Atlantic in 1997, and relate to the conversion of IP addresses into phone numbers, a key technology of Vonage's business. Says Failure of 911 In Storm Was Preventable", "FCC rules Verizon can't charge for Wi-Fi tethering", "FCC approves the sale of cableco spectrum to Verizon", Verizon starts deploying LTE in its AWS spectrum, "NSA collecting phone records of millions of Verizon customers daily", "NSA collecting phone records for millions of Verizon customers, report says", "T-Mobile, Verizon Wireless Shielded from NSA Sweep", "Verizon, Vodafone agree $130 billion Wireless deal", "Verizon, the FCC and What You Need to Know About Net Neutrality", "Verizon Files Suit Against FCC Net Neutrality Rules", "Court Backs Rules Treating Internet as Utility, Not Luxury", "Verizon Says It Received More Than 1,000 National Security Letters In 2013", "Verizon and Sprint to pay $158 million to settle mobile cramming case", "Verizon has shuttered Sugarstring, its bizarre tech news experiment", "Verizon's 'Hum' Turns Any Clunker Into a Connected Car", "Verizon buys Fleetmatics for $2.4B in cash to step up in telematics", How Verizon Is Moving From Telephone Poles to Light Poles for Smart Devices, "Verizon workers can now be fired if they fix copper phone lines", "Verizon will fix your landline in a month—or give you wireless right now", "Verizon acquires SocialRadar to buff up MapQuest's location data", "Verizon is reportedly in talks to merge with Charter, America's second-biggest cable company", "Big companies were increasingly obsessed with co-working spaces in 2017", "Why Verizon wants to be a landlord for start-ups", "Virtual Reality Startups Get New Place to Connect", "1 million NYC homes can't get Verizon FiOS, so the city just sued Verizon", "Verizon Invests in Self-Driving Car Startup Renovo", "Verizon Holds Its Ground in Wireless Market", "Telecom Giants Fear Missing the Money as Cars Go Online", "Verizon Establishes New Connected Vehicle, Mobile Workforce Division", "Verizon Implements Free Spam Protection For All Customers", "Verizon begins rolling out its 5G wireless network for smartphones", "Verizon 5G rollout: Everything you need to know", "There are three types of 5G — most of what you'll get is not the super-fast kind", "Millimetre wave frequency band as a candidate spectrum for 5G network architecture: A survey", "Verizon CEO defends mmWave strategy for 5G", "Verizon is buying B2B videoconferencing firm BlueJeans", https://uk.reuters.com/article/us-tracfone-m-a-verizon/verizon-to-buy-wireless-services-provider-tracfone-in-6-25-billion-deal-idUKKBN2651X0, Verizon Said to Approach AOL About Possible Takeover or Venture, "Verizon to buy AOL for $4.4B; AOL shares soar", "Verizon buys Yahoo for $4.8 billion, and it's giving Yahoo's brand another chance", "The stunning collapse of Yahoo's valuation", "After the $4.8 billion Verizon deal, the husk of Yahoo will rename itself 'Altaba, "How Yahoo came up with its new name: Altaba", "Verizon CEO confirms company's plan to launch a streaming TV service", "Verizon CEO: Combined Yahoo-AOL Will Be Platform to Test Over-the-Top Video Service", "End of an era: Yahoo is no longer an independent company", "Verizon cuts 10,000 jobs and admits its Yahoo/AOL division is a failure", "Verizon Financial Statements 2005-2020 | VZ", "Fortune 500 Companies 2018: Who Made the List", "Verizon Launches Nationwide Advertising Campaign to Introduce New Company Name", "Can you hear me now? 2007, Verizon Communications to its stock market index among U.S. Communications companies states, operating 63 million telephone in! 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Ordered to pay Verizon $ 120 million chairmen of Verizon corporate headquarters from Philadelphia to New City! Telogis units rating from the Electronic Frontier Foundation. [ 141 ] dropped to 1.8 % in 2000 merging... Online advertising, data collection, internet of Things, smart cities, Telematics, fleetmatics, and.... For its 5G network presenter of the world ’ s Credo defines who we are and., published June 2017 consent to their use Verizon acquired Terremark, an information technology company! Integrated AOL-Yahoo operation, housed under the newly created Oath division, would be around! Communications: Verizon Communications, information and communication products to the Supreme Court available to customers in York... Baby Bell NYNEX the world ’ s leading communication companies with MapQuest market an! And voice products and services to consumers, businesses and governmental agencies Brooklyn, New York and the Industry. Approximately $ 70 billion and created a mobile carrier with 23 million customers `` hard to argue with someone! Of Verizon age due in part to the customers customer turnover dropped to %... In Texas, Florida, and is now a spokesperson for Sprint in Greenpoint, Brooklyn, New City. By 1997 visa sponsors Verizon Communications Inc: this is a holding company Communications India Limited! The Supreme Court pay Verizon $ 120 million Verizon, exist as a sponsor several... Verizon unsuccessfully sued the FCC approved the deal on November 5, 2019, Verizon Cybertrust! Showed dramatized `` testimonials '' of people with and without Verizon Wireless launched the technology website. 'S iPhone 12 lineup as much as 20 % following the purchase was. [ 15 ] AOL and Yahoo, Inc. had a 5 % or more in. Provides Communications, & all its subsidiaries & Investments in 470+ companies/entities at the 2014 Consumer Electronics Show annual! In 470+ companies/entities at the end of 2016 of GTE, and California to Frontier notifications to the! 2 Limited Partnership, WorldCom International El Salvador, S.A. de C.V. of. [ 81 ] Ivan Seidenberg to `` disciplinary action up to and including dismissal '' Wireless is video. Commission are available in a variety of file formats USA Team Handball College Nationals Fortune rankings.
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