Verizon Logo – Verizon Communications, Inc. is a leading broadband and telecommunications American, also part of the Dow Jones Index. It was founded in 2000, following the acquisition by Bell of GTE. Its name is an acronym of veritas and horizon.
Verizon was founded as Bell Atlantic Corporation by AT&T Corporation as one of the seven Baby Bells that were formed after the antitrust lawsuits against AT&T. Originally operating in the states of New Jersey, Pennsylvania, Delaware, Maryland, West Virginia and Virginia, and Washington, DC in the United States.
On June 30, 2000 Bell Atlantic acquired GTE and changed its name to Verizon Communications Inc. It was one of the largest mergers in the history of U.S. business. The company was worth over 52 billion dollars.
Verizon currently has more than 140 million subscribers. After merging with MCI has more than 250 000 employees.