Verizon is the second-largest U.S. telecommunications provider. It is an heir to the American Bell Telephone Company network founded in 1877 that was broken up into seven regional companies a century later. One of those seven was Bell Atlantic, which later re-acquired other parts of the original network, and eventually became Verizon in the year 2000. Verizon was outed by National Security Agency whistleblower Edward Snowden in 2013 for collaborating with the spy agency to secretly collect communications data of millions of U.S. customers. The company has lobbied heavily against ‘net neutrality’ which requires companies to provide Internet content at the same speed rather than favoring one content provider (such as major video and web distributors) over the others. 


Mobile phones, smartphones, tablet computers, hardware, software and services to telecommunications service providers and enterprises


Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
financial offenses$1,165,517,9098
consumer-protection-related offenses$1,019,557,21647
employment-related offenses$185,024,71564
government-contracting-related offenses$123,295,4104
environment-related offenses$2,741,37623

(May 26, 2021) 

Number of Records
Total Penalties
$2,497,815,677 (May 26, 2021)
Information in this section is drawn from the Violation Tracker database produced by the Corporate Research Project of Good Jobs First in Washington DC. It is the most comprehensive source of data on business violations of laws and regulations in the United States. For specific examples of misconduct, please click on the links.


Article Archive

Verizon data of 6 million users leaked online

Published by
CNN Business
Selena Larson

Verizon confirmed on Wednesday the personal data of 6 million customers has leaked online.

The security issue, uncovered by research from cybersecurity firm UpGuard, was caused by a misconfigured security setting on a cloud server due to "human error."

Read more
Videos & Podcasts
South Florida Residents Protest Outside Verizon Stores Ahead Of Net Neutrality Vote
39,000 Verizon Workers Enter Sixth Week on Strike in Biggest U.S. Labor Action in Years
#Verizon Strike: Voices from the Frontlines
Verizon strike shows no signs of ending any time soon
CWA and Occupy Wall Street storm Lower Manhattan protesting Verizon's Corporate Greed



Recent & Ongoing Campaigns
Break up the Telecom Giants

Osita Nwanevu | TNR | March 17, 2021

Verizon and AT&T hold the keys to the internet for millions of Americans—and have enough power, online and off, to be just as worthy of scrutiny as the social media giants.

Workers and Elected Leaders Protest Racial Discrimination at Verizon Wireless

Communications Workers of America | October 10, 2019

Today, Verizon Wireless workers and elected leaders including New York State Senator Julia Salazar and New York State Assembly member Yuh-Line Niou rallied outside the Verizon Wireless store on Wall Street to protest and deliver a 15,000-signature petition calling on Verizon to address issues of racism reported by workers around the country.

'It's union busting 101': documents reveal Verizon's attacks on organized labor

Michael Sainato | The Guardian | January 16, 2019

Unions offer “empty promises and unrealistic expectations” and don’t act with “integrity”, according to internal documents circulated by Verizon’s human resources department and obtained by the Guardian.

Groups of angry protesters are gathering outside of Verizon stores

Gabriel Bell | The Salon | December 8, 2017

In small groups across the country, demonstrators could be found Thursday holding up placards and chanting slogans can be found outside of Verizon stores. But, no, they weren't protesting against the carrier's hidden fees, dropped calls or lack of iPhone Xs.

Don't Kill Net Neutrality

Verizon Protest | December 7, 2017

The new chairman of the FCC was a top lawyer at Verizon. Now he's calling for a vote to kill net neutrality. We’re protesting at retail stores across the U.S. to demand that Congress stop Verizon’s puppet FCC from destroying the Internet as we know it.

Verizon workers vote to back strike in contract dispute, if necessary

Associated Press | The Guardian | July 26, 2016

Verizon workers in nine states have voted to go on strike if necessary over a dispute about a new contract, a union official said at a rally Saturday. “Our members are clear and they are determined,” said Dennis Trainor, an official with the Communications Workers of America union. “They reject management’s harsh concessionary demands.”


Major Investigations
& Lawsuits
California demands Verizon, AT&T pay for own network investigations

A. Tarantola | Engadget | September 10, 2015

The California Public Utilities Commission has decided to launch an investigation into both Verizon and AT&T, claiming both networks failed to consistently provide quality service to their customers. What's more, the CAPUC is insisting that the carriers pay for the investigation themselves.

Verizon to pay $1.25M FCC fine; forced to allow tethering apps

Marguerite Reardon | C Net | July 31, 2012

Verizon Wireless is no longer allowed to block apps that allow people to use their 4G LTE smartphones as Wi-Fi hotspots. And the carrier will pay the Federal Communications Commission a $1.25 million fine, the government agency said Tuesday.


Employment Practices
& Relations
Mom: Verizon Fired Me For Taking Leave After My Babies Died

Kate Briquelet | Daily Beast | July 12, 2017

A New Jersey woman who used a surrogate to have twins is suing Verizon for allegedly denying her paid maternity leave—and she claims the company later fired her when she took time off to care for the babies, who were born prematurely and who both died shortly after birth.

39,000 Verizon Workers Mark Six Weeks on Strike in Biggest U.S. Labor Action in Years

Democracy Now | May 25, 2016

Today marks six weeks since nearly 40,000 Verizon workers went on strike along the East Coast, from Massachusetts to Virginia, marking one of the biggest U.S. strikes in years. The workers have been without a contract since August amid attempts by Verizon to cap pensions, ...



Corporate Headquarters
1095 6th Ave, New York, NY 10036
Most Recent Gross Revenue
$131.868 billion (2019) | source
Most Recent Net Revenue
$19.265 billion (2019) | source
Stock Exchange Tickers

Note: Most recent list is not always the most complete list.

Croctail Subsidiary Tool using the CorpWatch API - This API uses automated parsers to extract the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the SEC.

Major Shareholders

Click here for the latest data.

Political Influence Profile of Verizon Communications

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Subsidy Tracker
Subsidy Tracker
Subsidy Tracker is a project of Good Jobs First in Washington DC. It is the most comprehensive source of data on state and federal subsidies in the United States. For more details, click on the links.
Click here for details on subsidies received by Verizon Communications
Tax Havens
& Evasion
Verizon Corporate Tax Dodger

Americans for tax Fairness | 2012

Verizon is the nation’s largest cellular phone operator, with 115 million customers. Verizon paid less in
federal income taxes in recent years than many of its customers.

How Verizon Shortchanges the Government through Tax Dodging & Subsidies

Communications Workers of America | 2010

With more than $100 billion in annual revenues and nearly $15 billion in operating profits, Verizon is a large and prosperous company that should pay a substantial amount in taxes to federal, state and local governments.

$100 Billion Verizon is one of Country’s Most Aggressive Tax Dodgers

Good Jobs First | 2010

A new report released today reveals how Verizon Communications achieves a negative federal tax rate to avoid paying its fair share of taxes, and aggressively uses tax loopholes and subsidies to cut its tax bills even more

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