Verizon in the context of Breakup of the Bell System


Verizon in the context of Breakup of the Bell System

⭐ Core Definition: Verizon

Verizon Communications Inc. (/vəˈrzən/ 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 in the context of Comcast

Comcast Corporation, formerly known as Comcast Holdings, is an American multinational mass media, telecommunications, and entertainment conglomerate. Headquartered at the Comcast Center in Philadelphia, the company was ranked 51st in the Forbes Global 2000 in 2023. It is the fourth-largest telecommunications company by worldwide revenue, after AT&T, Verizon, and China Mobile. Comcast is the third-largest pay-TV company, the second-largest cable TV company by subscribers, and the largest home Internet service provider in the United States.

It owns and operates the Xfinity residential cable communications business segment and division; Comcast Business, a commercial services provider; and Xfinity Mobile, an MVNO of Verizon Communications. The company is also the nation's third-largest home telephone service provider, serving residential and commercial customers in 40 states and the District of Columbia.

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Verizon in the context of Yahoo

Yahoo (/ˈjɑːh/ , styled yahoo! in its logo) is an American web portal that provides the search engine Yahoo Search and related services including My Yahoo, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports, y!entertainment, yahoo!life, and its advertising platform, Yahoo Native. It is operated by the namesake company Yahoo! Inc., which is 90% owned by Apollo Global Management and 10% by Verizon.

Yahoo was established by Jerry Yang and David Filo in January 1994 and was one of the pioneers of the early Internet era in the 1990s. However, its use declined in the 2010s as some of its services were discontinued, and it lost market share to Facebook and Google.

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Verizon in the context of Verizon Wireless

Verizon is an American wireless network operator that previously operated as a separate division of Verizon Communications under the name Verizon Wireless. In a 2019 reorganization, Verizon moved the wireless products and services into the divisions Verizon Consumer and Verizon Business, and stopped using the Verizon Wireless name. Verizon is the largest wireless carrier in the United States, with 146.1 million subscribers as of September 30, 2025. It has the largest network in the United States with their LTE network covering 2.68 million sq. miles of the United States.

The company is headquartered in Basking Ridge, New Jersey. It was founded by Verizon Wireless in April 4, 2000 as a joint venture of American telecommunications firm Bell Atlantic Corporation, which would soon become Verizon Communications, and British multinational telecommunications company Vodafone. Verizon Communications became the sole owner in 2014 after buying Vodafone's 45-percent stake in the company.

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Verizon in the context of AT&T

AT&T Inc., an abbreviation of its predecessor's former name, the American Telephone and Telegraph Company, is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's third largest telecommunications company by revenue and the third largest wireless carrier in the United States behind T-Mobile and Verizon. As of 2023, AT&T was ranked 32nd on the Fortune 500 rankings of the largest United States corporations, with revenues of $122.4 billion.

The modern company claims the history of the original AT&T founded in 1885 and all relevant history is found on the company's website. The company to bear the AT&T name began as a merger of the SBC Corporation (an original Baby Bell) and AT&T Corporation (Ma Bell). SBC began its history as the American District Telegraph Company, formed in St. Louis in 1878. After expanding services to Arkansas, Kansas, Oklahoma and Texas through a series of mergers, it became the Southwestern Bell Telephone Company in 1920. Southwestern Bell was a subsidiary of the original American Telephone & Telegraph Company, itself founded in 1885 as a subsidiary of the original Bell Telephone Company founded by Alexander Graham Bell in 1877. In 1899, AT&T became the parent company after the American Bell Telephone Company sold its assets to its subsidiary. During most of the 20th century, AT&T had a near monopoly on phone service in the United States through its Bell System of local operating companies. This led to AT&T's common nickname of "Ma Bell". The company was formally rebranded as AT&T Corporation in 1994.

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Verizon in the context of Basking Ridge, New Jersey

Basking Ridge is an unincorporated community and census-designated place (CDP) located within Bernards Township in the Somerset Hills region of Somerset County, in the U.S. state of New Jersey.

Settled during colonial times, Basking Ridge is in the Raritan Valley and is a commercial hub for northern-central New Jersey and is a commuter town of New York City. It was home to the old AT&T Headquarters, now operated by Verizon. Basking Ridge is the current headquarters for Collabera, Verizon Wireless, Peraton Labs, Lawyer.com and Barnes & Noble College Booksellers. The community also hosts a train station along the Gladstone Branch (one of the two branches of the Morris & Essex Lines), which connects to Hoboken Terminal and New York Penn Station.

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Verizon in the context of Michael Capellas

Michael David Capellas (born August 19, 1954) is an American executive in the computer and telecommunication industries. Capellas served as chairman and CEO of First Data Corporation, acting CEO of Serena Software, chairman and CEO of Compaq Computer Corporation until its merger with Hewlett-Packard where he became president of the post-merger company briefly, and president and CEO of WorldCom (later MCI) where he led its merger with Verizon.

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