NYSE: VZ Verizon Communications stock price chart (NASDAQ: VZ)
Verizon Communications Inc. (NYSE: VZ, NASDAQ: VZ) An American multinational telecommunications conglomerate. In 1984, the United States Department of Justice mandated AT&T Corporation to break up the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells". Bell Atlantic, one of the Baby Bells, came into existence the same year, consisting of the separate operating companies New Jersey Bell, Bell of Pennsylvania, Diamond State Telephone, and C&P Telephone, with a trading area from New Jersey to Virginia. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the country that was not already in Bell Atlantic's footprint. Bell Atlantic changed its name to Verizon. DJIA component, S&P 100 component, S&P 500 component. Headquartered in New York City, New York, U.S.