Technology Magazine December 2019 | Page 72

TOP 10
72

02

Verizon Communications

$ 130.863bn ( 2018 )

One of the so-called “ Baby Bells ” spun off from the monopolous AT & T in 1983 , Verizon was originally known as Bell Atlantic . In 1996 , the company underwent a merger with NYNEX , a fellow Baby Bell covering the north-eastern United States , moving its headquarters to New York at the same time . Its current name was gained in the merger with GTE , which was historically the largest telephone provider outside of the Bell System . It says it provides wireless coverage to 98 % of the United States .
Hans Vestberg , Chairman & CEO

144,500

NUMBER OF EMPLOYEES

HQ NEW YORK , NEW YORK DECEMBER 2019