who owns verizon media

"Five Sentences from Google/Verizon that Could Change the Net Forever", "Verizon: 4G Wireless Service Debuts this Sunday", "Verizon reports record revenue in second quarter", "Verizon Hangs Up on Directory Assistance", "Frontier to Buy Verizon Lines for $8.5 Billion", "Verizon sells landlines in 14 states to Frontier in $8.6B deal", "Frontier Weighs Sale of Ex-Verizon Landline Assets", "Verizon to Buy Terremark for $1.4 Billion", "Verizon CEO Ivan Seidenberg Steps Down; Lowell McAdam Takes Helm", "30 Major U.S. [78][79] In 2016, Verizon sold its wireline operations in Texas, Florida, and California to Frontier. [158][159][160], In 2016, Verizon started using the slogan "Better Matters" in reference to its networks. [178], According to Google Project Zero researcher Tavis Ormandy, Verizon applies a simplistic certification methodology to give its "Excellence in Information Security Testing" award, e.g. [10] The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City,[4] but is incorporated in Delaware. The publication attracted controversy after it was reported that its writers were forbidden from publishing articles related to net neutrality or domestic surveillance. [89], In August 2012, the Department of Justice approved Verizon's purchase of Advanced Wireless Services (AWS) spectrum from a consortium of cable companies, including Comcast, Time Warner Cable and Bright House Networks, for $3.9 billion. [83] However, in its Form 10-K filed with the SEC on February 24, 2012, Verizon reported having paid more than $11.1 billion in taxes (including income, employment and property taxes) from 2009 to 2011. [111][112][113], On March 13, 2017, Verizon was sued by New York City for violating its cable franchise agreement, which required the provider to pass a fiberoptic network to all households in the city by June 30, 2014. [144] In 2011, Marcarelli parted ways with Verizon, and is now a spokesperson for Sprint. In addition, the company reported in the 10-K that most of the drop in employment since 2008 was due to a voluntary retirement offer. [133][134], On March 16, 2017, Verizon announced it would discontinue the e-mail services provided for its internet subscribers and migrate them to AOL Mail. [204], "Verizon" redirects here. [58] In 2007, Verizon stated that it fulfilled only "lawful demands" for information,[59] but also acknowledged surrendering customer information to government agencies without court orders or warrants 720 times between 2005 and 2007. [95] The deal closed on February 21, 2014, and became the third largest corporate deal ever signed, giving Verizon Communications sole ownership of Verizon Wireless. [127] In September of the same year, the business announced it had would acquire Tracfone (a business unit of Mexican telecom business, America Movil) for $6.25 billion. In addition, customer turnover dropped to 1.8% in 2001, down from 2.5% in 2000. Bell Atlantic Corporation was created as one of the original Regional Bell Operating Companies (RBOCs) in 1984, during the breakup of the Bell System. [60], In March 2007, Verizon won a lawsuit against Vonage for patent infringement. The three patents named were filed by Bell Atlantic in 1997, and relate to the conversion of IP addresses into phone numbers, a key technology of Vonage's business. [45] In April 2004, the Dow Jones Industrial Average added Verizon Communications to its stock market index. [161], Verizon launched its Humanability campaign in 2017. Distributors like AT&T, which bought Time Warner last year, are becoming media companies, too. As of 2016[update], Verizon is one of three remaining companies with roots in the former Baby Bells. [148], In 2009, Verizon joined with the Ad Council, in partnership with the Family Violence Prevention Fund and the Office on Violence Against Women, to create the "That's not cool" public service advertising campaign. While the price of the acquisition was not announced, it is believed to be in the sub $500 million range. Twenty percent of qualified homes signed up by the end of 2004. To learn more or opt-out, read our Cookie Policy. [55] It sold 700,000 lines in Hawaii in 2005,[55][76] and spun off lines in Maine, New Hampshire and Vermont in January 2007, which were then purchased by FairPoint Communications for $2.72 billion. [104] On August 1, 2016, Verizon announced its acquisition of Fleetmatics, a fleet telematics system company in Dublin, Ireland, for $2.4 billion, to build products that it offers to enterprises for logistics and mobile workforces. [124][125], On May 15, 2020, Verizon acquired videoconferencing service BlueJeans in order to expand its business portfolio offerings, particularly its unified communications offerings. By choosing I Accept, you consent to our use of cookies and other tracking technologies. [184], Verizon has a one-star privacy rating from the Electronic Frontier Foundation.[185]. Verizon is the title sponsor of several large performance and sports venues as well as a sponsor of many major sporting organizations. Corporations Paid More to Lobby Congress Than Income Taxes, 2008–2010", "Verizon to Buy Hughes Telematics for $612 Million", "F.C.C.

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