Post 200 The guide to the region's top businesses
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A Verizon employee holds out an iPhone for a customer. (Brian Snyder/Reuters)
Major employers
Verizon
Verizon Communications continued to see strong growth in its Verizon Wireless division. In February, the division began selling the popular iPhone, which previously had been sold exclusively by rival AT&T. The rollout of its super-fast 4G LTE wireless network continued, increasing from 38 markets at the end of 2010 to 179. The company’s local-phone division fared less well, with a two-week strike by 45,000 workers in August and service disruptions caused by Hurricane Irene.
Trivia
Verizon was formed from the merger of Bell Atlantic, then the local phone company for the Washington area, and GTE Corp.
Founded: 2000
President and CEO: Lowell C. McAdam
Employees (local): 195,000 (13,100)
NOTE: Our methodology for the rankings.
