TOP 10

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Claiming the second spot on the leader board , Verizon Communications stands as one of the most valuable telecommunication companies in the world with a valuation of around $ 201bn . Forbes reports that the American business generated $ 128bn in sales and $ 31bn in profit respectively in 2018 . Verizon Communications was first founded in 2000 by Bell Atlantic Corp . and GTE Corp ., in what was one of the largest mergers in US business history at the time . The New-York based company completed its $ 4.5bn acquisition of Yahoo in June 2017 . It then combined these newly acquired internet assets with its AOL brands to form a new subsidiary called Oath . www . verizon . com MARCH 2019