About Business
Verizon Communications, formerly known as Bell Atlantic Corporation is an American telecommunications company based in Philadelphia. It was founded in 2000 on June 30 and soon became the world?s second-largest telecommunications company and also the largest wireless carrier in the U.S. The formation of Verizon was the consequence of the former company Bell System, which was divided into seven individual companies called ?Baby Bells.? Initially, the company was based in Philadelphia and ran through Pennsylvania, Virginia, New Jersey, and West Virginia. Verizon acquired AOL in 2015, and then Yahoo Inc. after two years. Very soon, AOL and Yahoo were merged into a new company known as Oath Inc.