Verizon (Verizon Wireless)

Verizon Communications Inc., commonly known as Verizon, is a publicly traded telecommunications conglomerate headquartered in New York City. It was formed in 2000 through the merger of Bell Atlantic Corp. and GTE Corp. Verizon trades on the New York Stock Exchange under the ticker symbol VZ. As of early 2026, the company had a market capitalization of over $200 billion and reported annual revenues of approximately $139 billion. Verizon employs around 89,900 people.

Verizon is a major operating company providing a wide range of communications and technology services. Its largest business segment is wireless services, making it the largest wireless carrier in the United States with over 146 million subscribers as of March 2026. The company offers mobile and fixed-line services, including mobile telephony, broadband internet (Fios and 5G Home), digital television, and network services for consumer, business, and government customers. Its offerings include smartphones, wireless broadband devices known as "Jetpacks," and a variety of voice and data plans.

As a major operating company, Verizon is primarily a defendant in patent litigation. The provided case data shows Verizon as a defendant in a suit brought by Headwater Research LLC, which is consistent with the typical posture of a large technology company defending against patent assertions. The single tracked case was filed in the U.S. District Court for the Eastern District of Texas, a venue known for attracting a high volume of patent litigation.

The case, Headwater Research LLC v. Verizon (Verizon Wireless), involves allegations from a patent assertion entity. This fits a common pattern where large, product-revenue companies like Verizon are targeted by non-practicing entities (NPEs) in patent-heavy jurisdictions. The litigation history reflects Verizon's position as a frequent target for such lawsuits, a consequence of its extensive and complex technology operations in the telecommunications sector.