# Verizon

> American broadband and telecommunications company

**Wikidata**: [Q467752](https://www.wikidata.org/wiki/Q467752)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Verizon)  
**Source**: https://4ort.xyz/entity/verizon

## Summary
Verizon is an American broadband and telecommunications company founded in 2000 through the merger of Bell Atlantic and GTE. It operates as a publicly traded company, offering wireless, internet, and television services to consumers and businesses across the United States. The company is headquartered in New York City and has a significant presence in the telecommunications industry, including ownership of the Dow Jones Industrial Average and subsidiaries like TechCrunch and AOL.

## Key Facts
- Founded in 2000 through the merger of Bell Atlantic and GTE
- Headquartered in New York City, with additional locations including Reston, Virginia
- Publicly traded company with shares listed on the New York Stock Exchange (NYSE) and NASDAQ
- Offers wireless, internet, and television services to consumers and businesses
- Owns the Dow Jones Industrial Average, a major stock market index
- Has subsidiaries including TechCrunch, AOL, and Regional Bell Operating Company
- Operated by Verizon Communications Inc., with aliases including Verizon Communications Inc., Bell Atlantic, and Verizon
- Has a country of operation as the United States
- Has industry classifications including telecommunications and broadband
- Has been owned by Verizon Communications Inc., Bell Atlantic, and GTE
- Has a website at verizon.com and verizon.net
- Has a revenue of $128,292 million, $131,868 million, $133,613 million, $93,469 million, $97,354 million, $107,808 million, $106,565 million, $110,875 million, $115,846 million, $120,550 million, $127,079 million, $131,620 million, $125,980 million, $126,034 million, $130,863 million, $136,835 million, $133,974 million, and $134,788 million
- Has a net profit of $18,375 million, $18,348 million, $5,521 million, -$2,193 million, $4,894 million, $2,549 million, $2,404 million, $875 million, $11,497 million, $9,625 million, $13,127 million, $30,101 million, $15,528 million, $19,265 million, $22,065 million, $21,256 million, $11,614 million, and $17,506 million
- Has total assets of $244,640 million and $316,481 million
- Has approximately 177,700 employees
- Has inception dates of October 7, 1983, and June 16, 2000
- Has been followed by Bell Atlantic and GTE
- Has been a member of the S&P 500 and the Fortune 500
- Has a stock exchange of NYSE and NASDAQ
- Has a Wikipedia title of Verizon
- Has a wikidata description of American broadband and telecommunications company

## FAQs
**What is Verizon's primary business model?**
Verizon operates as a telecommunications company, providing wireless, internet, and television services to consumers and businesses. It is publicly traded, allowing it to raise capital through stock sales.

**How was Verizon formed?**
Verizon was founded in 2000 through the merger of Bell Atlantic and GTE, two major telecommunications companies in the United States.

**What industries is Verizon involved in?**
Verizon is primarily involved in the telecommunications and broadband industries, offering services such as wireless, internet, and television.

**What are Verizon's notable subsidiaries?**
Verizon has subsidiaries including TechCrunch, AOL, and Regional Bell Operating Company, which were part of the companies that merged to form Verizon.

**What is Verizon's headquarters location?**
Verizon's headquarters is located in New York City, with additional locations including Reston, Virginia.

**What is Verizon's revenue?**
Verizon's revenue has varied over the years, with figures including $128,292 million, $131,868 million, $133,613 million, $93,469 million, $97,354 million, $107,808 million, $106,565 million, $110,875 million, $115,846 million, $120,550 million, $127,079 million, $131,620 million, $125,980 million, $126,034 million, $130,863 million, $136,835 million, $133,974 million, and $134,788 million.

**What is Verizon's net profit?**
Verizon's net profit has varied over the years, with figures including $18,375 million, $18,348 million, $5,521 million, -$2,193 million, $4,894 million, $2,549 million, $2,404 million, $875 million, $11,497 million, $9,625 million, $13,127 million, $30,101 million, $15,528 million, $19,265 million, $22,065 million, $21,256 million, $11,614 million, and $17,506 million.

**What is Verizon's total assets?**
Verizon's total assets have varied over the years, with figures including $244,640 million and $316,481 million.

**How many employees does Verizon have?**
Verizon has approximately 177,700 employees.

**What are Verizon's inception dates?**
Verizon was founded on October 7, 1983, and officially incorporated on June 16, 2000.

**What organizations has Verizon followed?**
Verizon has been followed by Bell Atlantic and GTE, the companies that merged to form Verizon.

**What organizations is Verizon a member of?**
Verizon is a member of the S&P 500 and the Fortune 500, indicating its status as a large, publicly traded company.

**What stock exchanges is Verizon listed on?**
Verizon's shares are listed on the New York Stock Exchange (NYSE) and NASDAQ.

## Why It Matters
Verizon is a cornerstone of the American telecommunications industry, providing essential services such as wireless, internet, and television to millions of consumers and businesses. Its formation through the merger of Bell Atlantic and GTE in 2000 consolidated the telecommunications landscape, creating a dominant player in the market. As a publicly traded company, Verizon plays a critical role in the global economy by facilitating investment and driving innovation. Its ownership of the Dow Jones Industrial Average further underscores its influence on financial markets. By offering a wide range of services and maintaining a strong presence in the industry, Verizon has become a key player in the digital infrastructure of the United States.

## Notable For
- Being the result of a major merger between Bell Atlantic and GTE in 2000
- Owning the Dow Jones Industrial Average, a major stock market index
- Having subsidiaries including TechCrunch, AOL, and Regional Bell Operating Company
- Operating as a publicly traded company with shares listed on NYSE and NASDAQ
- Providing wireless, internet, and television services to consumers and businesses
- Having a significant presence in the telecommunications and broadband industries
- Being a member of the S&P 500 and the Fortune 500
- Having a headquarters in New York City and additional locations including Reston, Virginia
- Having a revenue of $128,292 million, $131,868 million, $133,613 million, $93,469 million, $97,354 million, $107,808 million, $106,565 million, $110,875 million, $115,846 million, $120,550 million, $127,079 million, $131,620 million, $125,980 million, $126,034 million, $130,863 million, $136,835 million, $133,974 million, and $134,788 million
- Having a net profit of $18,375 million, $18,348 million, $5,521 million, -$2,193 million, $4,894 million, $2,549 million, $2,404 million, $875 million, $11,497 million, $9,625 million, $13,127 million, $30,101 million, $15,528 million, $19,265 million, $22,065 million, $21,256 million, $11,614 million, and $17,506 million
- Having total assets of $244,640 million and $316,481 million
- Having approximately 177,700 employees
- Having inception dates of October 7, 1983, and June 16, 2000
- Having been followed by Bell Atlantic and GTE
- Having a Wikipedia title of Verizon
- Having a wikidata description of American broadband and telecommunications company

## Body
### History
Verizon was founded on June 16, 2000, through the merger of Bell Atlantic and GTE, two major telecommunications companies in the United States. The merger created a dominant player in the telecommunications industry, offering a wide range of services including wireless, internet, and television. Verizon has since become a key player in the digital infrastructure of the United States, providing essential services to millions of consumers and businesses.

### Business Model
Verizon operates as a publicly traded company, offering wireless, internet, and television services to consumers and businesses. Its primary business model involves providing telecommunications services through its subsidiaries and operations. The company's revenue has varied over the years, with figures including $128,292 million, $131,868 million, $133,613 million, $93,469 million, $97,354 million, $107,808 million, $106,565 million, $110,875 million, $115,846 million, $120,550 million, $127,079 million, $131,620 million, $125,980 million, $126,034 million, $130,863 million, $136,835 million, $133,974 million, and $134,788 million. Verizon's net profit has also varied, with figures including $18,375 million, $18,348 million, $5,521 million, -$2,193 million, $4,894 million, $2,549 million, $2,404 million, $875 million, $11,497 million, $9,625 million, $13,127 million, $30,101 million, $15,528 million, $19,265 million, $22,065 million, $21,256 million, $11,614 million, and $17,506 million.

### Subsidiaries and Affiliations
Verizon has subsidiaries including TechCrunch, AOL, and Regional Bell Operating Company. These subsidiaries have played a significant role in the company's operations and acquisitions. Verizon has also been affiliated with various organizations, including the S&P 500 and the Fortune 500, indicating its status as a large, publicly traded company.

### Headquarters and Location
Verizon's headquarters is located in New York City, with additional locations including Reston, Virginia. The company's headquarters location has been a key factor in its ability to shape the development of the telecommunications industry in the United States.

### Industry and Classification
Verizon is primarily involved in the telecommunications and broadband industries. The company's industry classifications include telecommunications and broadband, reflecting its focus on providing wireless, internet, and television services. Verizon's presence in these industries has been a key factor in its ability to shape the digital infrastructure of the United States.

### Key People
Verizon has been led by key people including Lowell McAdam, who served as the CEO of Verizon Communications, and Hans Vestberg, a Swedish businessman. These key people have played a significant role in the company's operations and acquisitions.

### Operating System and Programming Language
Verizon has an operating system of Microsoft Windows and a programming language of C++. These technologies have been a key factor in the company's ability to shape the development of the telecommunications industry in the United States.

### Stock Exchange and Public Trading
Verizon's shares are listed on the New York Stock Exchange (NYSE) and NASDAQ. This allows the company to raise capital through stock sales and provides liquidity for investors. The company's public trading status has been a key factor in its ability to shape the telecommunications industry in the United States.

### Revenue and Financial Performance
Verizon's revenue has varied over the years, with figures including $128,292 million, $131,868 million, $133,613 million, $93,469 million, $97,354 million, $107,808 million, $106,565 million, $110,875 million, $115,846 million, $120,550 million, $127,079 million, $131,620 million, $125,980 million, $126,034 million, $130,863 million, $136,835 million, $133,974 million, and $134,788 million. The company's net profit has also varied, with figures including $18,375 million, $18,348 million, $5,521 million, -$2,193 million, $4,894 million, $2,549 million, $2,404 million, $875 million, $11,497 million, $9,625 million, $13,127 million, $30,101 million, $15,528 million, $19,265 million, $22,065 million, $21,256 million, $11,614 million, and $17,506 million. These figures reflect the company's financial performance and its ability to generate revenue and profits in the telecommunications industry.

### Total Assets and Employee Count
Verizon's total assets have varied over the years, with figures including $244,640 million and $316,481 million. The company has approximately 177,700 employees, reflecting its size and presence in the telecommunications industry. These figures highlight the company's financial strength and its ability to operate effectively in the industry.

### Inception Dates and Followed Organizations
Verizon was founded on October 7, 1983, and officially incorporated on June 16, 2000. The company has been followed by Bell Atlantic and GTE, the companies that merged to form Verizon. These inception dates and followed organizations are key factors in the company's history and development.

### Wikipedia Title and Wikidata Description
Verizon has a Wikipedia title of Verizon and a wikidata description of American broadband and telecommunications company. These titles and descriptions reflect the company's presence and influence in the telecommunications industry.

## References

1. [GRID](https://www.grid.ac/institutes/grid.422184.9)
2. [Source](https://www.lobbyfacts.eu/datacard/verizon-communications-inc?rid=814154216145-16)
3. [Source](http://verizon.api.edgar-online.com/EFX_dll/EdgarPro.dll?FetchFilingHTML1?SessionID=PHw4eTCYJ41ZvGu&ID=10581752#D813569DDEF14A_HTM_TOC813569_11)
4. [Source](https://www.verizon.com/about/our-company/verizon-corporate-headquarters)
5. [Source](https://www.verizon.com/about/news/press-releases/verizon-names-lowell-mcadam-ceo-ivan-seidenberg-remain-chairman)
6. [Source](https://www.cnet.com/news/first-day-as-verizon-ceo-hans-vestberg-officially-takes-over/)
7. GRID Release 2017-01-10
8. [Source](https://www.cnbc.com/dow-30/)
9. [Source](https://www.ishares.com/us/products/239723/ishares-sp-100-etf)
10. [Source](https://www.prnewswire.com/news-releases/verizon-to-dual-list-its-stock-on-nasdaq-and-nyse-87457527.html)
11. [Source](https://www.wi-fi.org/membership/member-companies)
12. [Source](https://openid.net/foundation/sponsoring-members/)
13. Freebase Data Dumps. 2013
14. [Source](http://fortune.com/2016/03/24/verizon-enterprise-data-breach/)
15. [Source](https://www.sec.gov/Archives/edgar/data/732712/000119312516473367/d35513dex13.htm)
16. [Verizon Annual Report 2020 10-K](https://verizon.api.edgar-online.com/EFX_dll/EdgarPro.dll?FetchFilingHTML1?SessionID=XvCUkbgdzI-kVuQ&ID=14744806)
17. [Source](https://fios.verizon.com/)
18. [Source](https://www.verizonwireless.com/support/contact-us/)
19. [Source](http://verizon.api.edgar-online.com/EFX_dll/EdgarPro.dll?FetchFilingHTML1?SessionID=n9EKUI9s_NC2dDQ&ID=14638717)
20. Global LEI Index
21. [Source](http://km.aifb.kit.edu/services/crunchbase/)
22. [Form 10-K](https://www.sec.gov/ix?doc=/Archives/edgar/data/732712/000073271221000012/vz-20201231.htm)
23. [Form 10-K](https://www.sec.gov/ix?doc=/Archives/edgar/data/732712/000073271222000008/vz-20211231.htm)
24. [Form 10-K. 2010](https://www.sec.gov/Archives/edgar/data/0000732712/000119312510290314/d8k.htm)
25. [Form 10-K. 2011](https://www.sec.gov/Archives/edgar/data/0000732712/000119312511049476/d10k.htm)
26. [Form 10-K. 2012](https://www.sec.gov/Archives/edgar/data/0000732712/000119312512077846/d257450d10k.htm)
27. [Form 10-K. 2013](https://www.sec.gov/Archives/edgar/data/0000732712/000119312513075713/d441535d10k.htm)
28. [Form 10-K. 2014](https://www.sec.gov/Archives/edgar/data/0000732712/000119312514073266/d622994d10k.htm)
29. [Form 10-K. 2015](https://www.sec.gov/Archives/edgar/data/0000732712/000119312515057710/d820819d10k.htm)
30. [Form 10-K. 2016](https://www.sec.gov/Archives/edgar/data/0000732712/000119312516664170/d209885d8k.htm)
31. [Form 10-K. 2017](https://www.sec.gov/Archives/edgar/data/0000732712/000119312517050292/d296602d10k.htm)
32. [Form 10-K. 2018](https://www.sec.gov/Archives/edgar/data/0000732712/000073271218000024/a201710-krecastcoverpagesh.htm)
33. [Form 10-K. 2019](https://www.sec.gov/Archives/edgar/data/0000732712/000073271219000054/a201810-krecastcover.htm)
34. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0000732712/000073271220000014/a2019q410-k.htm)
35. [Form 10-K. 2021](https://www.sec.gov/Archives/edgar/data/0000732712/000073271221000012/vz-20201231.htm)
36. [Form 10-K. 2023](https://www.sec.gov/Archives/edgar/data/0000732712/000073271223000012/vz-20221231.htm)
37. [Form 10-K. 2024](https://www.sec.gov/Archives/edgar/data/0000732712/000073271224000010/vz-20231231.htm)
38. [Form 10-K. 2025](https://www.sec.gov/Archives/edgar/data/0000732712/000073271225000006/vz-20241231.htm)
39. [Verizon Communications (VZ) Stock Key Data](https://www.forbes.com/companies/verizon-communications)
40. [Form 10-K. 2022](https://www.sec.gov/Archives/edgar/data/0000732712/000073271222000008/vz-20211231.htm)
41. GRID Release 2016-12-06
42. BabelNet
43. EU Transparency Register
44. [Source](https://www.verizon.com/about/investors/hans-vestberg)
45. [Source](https://www.verizon.com/about/investors/clarence-otis-jr-lead-director)
46. [Source](https://www.verizon.com/about/investors/shellye-l-archambeau)
47. [Source](https://www.verizon.com/about/news/roxanne-s-austin-elected-verizon-board-directors)
48. [Source](https://www.verizon.com/about/investors/mark-t-bertolini)
49. [Source](https://www.verizon.com/about/investors/melanie-l-healey)
50. [Source](https://www.verizon.com/about/investors/laxman-narasimhan)