Verizon Communications Inc


VZ

Price

41.54


Change

0.69


High

41.78


Low

41.1


Avg Volume

18,392,282


PE Ratio

15.05


52 Week High

43.21


52 Week Low

29.64



Profile

Verizon Communications Inc. is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware. 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 , 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.


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