Concept

Verizon Communications

Summary
Verizon Communications Inc. (vəˈraɪzən) is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is incorporated in Delaware, and headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed in 1984 as Bell Atlantic as part of the break up of the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells." It was originally headquartered in Philadelphia and covered the states of New Jersey and Virginia for operations. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country not alre
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