VZ - Verizon Communications
Verizon Communications Inc. (NYSE: VZ) was created in 1983 as the consequence of antitrust decision where American Telephone & Telegraph was required to breakup the company into seven Baby Bells.
The original name of Verizon was Bell Atlantic Corporation before changing the name to Verizon Communications in June 2000.
The two primary divisions in the company are identified by Wireline and Domestic Wireless, whereby the Verizon communications company provides telephone, wireless, Internet and television services in the U.S. and globally.
Among the Domestic Wireless offerings of the company are data services, wireless voice and selling of related equipment. The more expansive Wireline services include network access, long distance, Internet Access, broadband video and voice, among a number of others.
Important acquisitions for Verizon include MCI, Rural Cellular Corporation with its joint venture parter Vodafone Group and Alltel Corporation.
The telecommunications company is based in New York City.
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