Verizon Communications in the context of "Yahoo! Inc. (2017–present)"

Verizon Communications in the context of "Yahoo! Inc. (2017–present)"

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⭐ Core Definition: Verizon Communications

Verizon Communications Inc. (/vəˈraɪzən/ və-RY-zən), is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146.1 million subscribers as of June 30, 2025.

The company was formed in 1983 as Bell Atlantic as a result of the breakup of the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells." The company was originally headquartered in Philadelphia and operated in the states of Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and West Virginia.

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👉 Verizon Communications in the context of Yahoo! Inc. (2017–present)

Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of the original Yahoo! Inc. and merged them with AOL in 2017. The resulting subsidiary entity was briefly called Oath Inc. In December 2018, Verizon announced it would write-down the combined value of its purchases of AOL and Yahoo! by $4.6 billion, roughly half; the company was renamed Verizon Media the following month in January 2019.

On May 3, 2021, Verizon announced that 90 percent of the division would be acquired by American private equity firm Apollo Global Management for roughly $5 billion, and would simply be known as Yahoo!; Verizon would retain a ten percent stake in the new group. The acquisition was completed on September 1, 2021.

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