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Company Description

Contact Info

140 West Street

New York, NY 10007

United States

Phone: 212-395-1000


he company’s other services include local exchange and long distance services. Significant Events In May 2014, Verizon Wireless expanded fourth generation (4G) Long Term Evolution (LTE) network coverage in North Smithfield, Rhode Island. Verizon Communications Inc. expanding its Healthcare Enabled Services to five additional data centers and offering a range of cloud and data center infrastructure services. Verizon Communications Inc. announced that for FiOS TV customers in Massachusetts and Rhode Island, their TV- viewing experience will never be the same as Verizon introduces FiOS Quantum TV, which provides more choices and control, including the ability to record up to 12 shows at once, pause and rewind live TV on any TV in the home and store up to 200 hours of HD programs. In June 2014, Verizon Communications Inc. announced the availability of its FiOS Quantum TV service in New York, Connecticut and New Jersey. History Verizon Communications Inc. was founded in 1983. The company was incorporated in 1983 under the laws of the state of Delaware. It was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in 2000.


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Industry Average

Valuation BAC Industry Range
Price/Earnings 18.9x
Price/Sales 1.5x
Price/Book 15.4x
Price/Cash Flow 7.3x
TEV/Sales 0.5x

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