VERIZON COMMUNICATIONS INCCompany logo

United States of America (US)

OpenCorporation rating: 15.6 on 100

Ranking 2018: 918 on 2309 companies


Primary and secondary NACE classification:
• Other telecommunications activities (6190)
• Manufacture of communication equipment (2630)

Company description

This company, formerly known as Bell Atlantic Corporation, is engaged in the provision of communications services. It was formed in June of 2000 from the merger of Bell Atlantic Corporation and GTE Corporations, formerly the largest independent local exchange telephone company in the United States. It has its headquartered in New York, New York, United States of America.The company offers products include broadband internet services, television service, local wireline and wireless telecommunication services. It has two segments: wireline and domestic wireless. Its wireline business provides telephone services, including voice, network access and nationwide long-distance services, broadband video and data services, and other communications products and services globally in 150 countries. It also owns and operates one of the global internet protocol (IP) networks. It has approximately 45 million access lines in 28 states and Washington, DC.Its domestic wireless business, operating as Verizon Wireless, provides wireless voice and data products and services across the United States using domestic wireless networks. Verizon Wireless offerings include voice services, data services and transmission and content services. The company ranked as second United States wireless provider with approximately 60 million customers. In 2006, the company formed Verizon business when Verizon bought MCI, creating a global advanced communications and information technology (IT) powerhouse to serve large business and government clients. Verizon business consists of three business lines, which focus on the company's enterprise business customer's needs.The company's enterprise business markets voice, data and internet communications services to medium and large business customers, multinational corporations, and state and federal governments. It also provides value added services, as wells as managed network services that enable customers to outsource all or a portion of their communications and information processing operations. Further, the enterprise business provides traditional data services in markets, such as private line, frame relay and Automated Teller Machine (ATM) services, as well as advanced IP networks services, both domestically and internationally. Enterprise business' internet suite of products includes private IP, virtual private network (VPN), web hosting and Voice over Internet Protocol (VOIP).The company is active in Luxembourg, Denmark, Canada, and United Kingdom.

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OpenCorporation questionnaire

The read only version of the questionnaire submitted to this company is publicly available: view questionnaire.

score (max is 100)
56.3
8.7
1.8
0
0
0
0
96.1

About this evaluation

This evaluation was made on the basis of data publicly available and information provided by the company.

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