Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City. “Verizon”, a portmanteau of veritas (Latin for “truth”) and horizon.
In 2015, Verizon expanded into media ownership by acquiring AOL,and two years later it acquired Yahoo!. AOL and Yahoo were amalgamated into a new division called Oath Inc.
Its Verizon Wireless subsidiary is the largest U.S. wireless communications service provider as of September 2014, with 147 million mobile customers. And as of current, it is the only publicly-traded telecommunications company to have two stock listings in its home country, both the NYSE (VZ; main) and Nasdaq (VZA; secondary) As of 2017, it is also the second largest telecommunications company by revenue after AT&T.
