Verizonbldg-nov2005

Its the Network. foundation = 1983 as Bell Atlantic2000 as Verizon Communications location = Verizon BuildingLower Manhattan, New York City key_people = Ivan Seidenberg, Chairman/CEO, Shelley Grzelak, Product R&D/CTO num_employees = 480,000 (As of2010lc=on) industry = Telecommunications products = WirelessTelephoneInternetTelevision revenue = profit $ (United States dollar)320.482 billion (2010) assets = profit $389.521 billion (2010) equity = profit $89.561 billion (2010) net_income = profit $15.716 billion (2010) homepage = Verizon.com

, the headquarters of Verizon, in 2005 Verizon Communications Inc. (nyseVZ, NASDAQVZ) is an American broadband (Broadband Internet access) and telecommunications company and a component of the Dow Jones Industrial Average. It was formed in 1983 as Bell Atlantic as part of the 1984 AT&T breakup into seven Baby Bells. Prior to its transformation into Verizon, Bell Atlantic had merged with another Regional Bell Operating Company, NYNEX, in 1997. The name is a portmanteau (Portmanteau word) of veritas and horizon. The companys headquarters are located in the Verizon Building in Lower Manhattan, New York City.