Subsidy Tracker Parent Company Summary

Parent Company Name: 
Verizon Communications
Ownership Structure: 
publicly traded (ticker symbol VZ)
Headquartered in: 
New York
Major Industry: 
telecommunications
Specific Industry: 
telecommunications
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$644,809,208193
Federal (grants and allocated tax credits)$13,095,58410
TOTAL$657,904,792203
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$1,547,200,0004
TOTAL$1,547,200,0004
Time Period for State and Local Awards: 

Earliest year of data: 1988. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

ALLTEL; AOL; BELL ATLANTIC; CELLCO PARTNERSHIP; CELLULAR INC NETWORK CORP; FLURRY, INC.; GTE; HOTJOBS COM; Intermedia Communications, Inc.; IQ ENGINES; MAPQUEST PA; MCI; PLATFORM A FNA ADVERTISING COM; Platte River Cellular Inc; VERIZON; VERIZON SVC; VERIZON WIRELESS; WESTERN WIRELESS INTL; WORLDCOM; YAHOO; YAHOO! BF II

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For more details on misconduct by this company, see its entry in the Project On Government Oversight's Federal Contractor Misconduct Database.

For an overview of political contributions associated with this company, see its Follow the Money page.

For more on the links between this company's federal political spending and its positions on proposed legislation, see its Maplight page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New York$487,685,03127
New Jersey$98,721,9107
North Carolina$9,803,3273
Washington$6,687,72510
Florida$6,490,0003
All other$35,421,215143

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
VERIZON CORPORATE RESOURCES GR Oklahoma state 2014 $114,536 grant
Cellco Partnership dba Verizon North Carolina state 2005 $112,500 grant
Verizon Wireless Alabama state 2010 $112,329 cost reimbursement
Verizon Communications Maryland state 2008 $111,023 tax credit/rebate
Verizon Pennsylvania, Inc. Pennsylvania state $100,000 training reimbursement
IQ Engines United States federal 2007 $100,000 federal grant
Verizon Data Services, LLC Pennsylvania state 2012 $96,797 tax credit/rebate
Verizon Communications, Inc. Maryland state 2012 $92,813 tax credit/rebate
Verizon Communications, Inc. Maryland state 2014 $92,813 tax credit/rebate
Verizon Business Purchasing LLC Colorado state $90,353 tax credit/rebate
Hotjobs.com, LTD Florida state 2001 $90,000 tax credit/rebate
Verizon Data Services LLC Pennsylvania state 2009 $82,468 tax credit/rebate
Verizon Communications, Inc. Maryland state 2011 $77,637 tax credit/rebate
Verizon Business Network Services, Inc. Pennsylvania state 2013 $75,399 tax credit/rebate
YAHOO INC Washington state 2007 $74,045 tax credit/rebate
Verizon Communications Maryland state 2010 $73,996 tax credit/rebate
Verizon Data Services, LLC Pennsylvania state 2014 $70,754 tax credit/rebate
Verizon Services Corp. Pennsylvania state 2016 $69,183 tax credit/rebate
Verizon Business Network Services, Inc. Pennsylvania state 2014 $65,964 tax credit/rebate
MapQuest PA, Inc. Pennsylvania state 2011 $61,926 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $55,665 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $55,350 tax credit/rebate
AOL Advertising, Inc. Maryland state 2016 $54,520 tax credit/rebate
Verizon Data Services, LLC Pennsylvania state 2010 $54,514 tax credit/rebate
Verizon Business Network Services, Inc. Pennsylvania state 2012 $53,082 tax credit/rebate
VERIZON CORPORATE RESOURCES GR Oklahoma state 2014 $53,047 grant
MapQuest, Inc. Pennsylvania state 2008 $52,293 tax credit/rebate
Verizon Business Network Services, Inc. Pennsylvania state 2016 $44,986 tax credit/rebate
Cellco Partnership Pennsylvania state 2012 $43,416 tax credit/rebate
Cellco Partnership Pennsylvania state 2013 $43,228 tax credit/rebate
Cellco Partnership Pennsylvania state 2011 $41,741 tax credit/rebate
AOL Advertising, Inc. Maryland state 2015 $40,464 tax credit/rebate
Cellco Partnership dba Verizon North Carolina state 2007 $37,500 grant
Yahoo! Oregon state 2004 $34,976 training reimbursement
Yahoo! Oregon state 2006 $30,356 training reimbursement
Platte River Cellular Inc Colorado state $28,833 tax credit/rebate
AOL Advertising, Inc. Maryland state 2010 $28,338 tax credit/rebate
Mapquest PA, Inc. Pennsylvania state 2010 $27,939 tax credit/rebate
AOL Advertising, Inc. Maryland state 2012 $26,419 tax credit/rebate
AOL Advertising, Inc. Maryland state 2014 $26,419 tax credit/rebate
Mapquest PA, Inc. Pennsylvania state 2009 $25,815 tax credit/rebate
Platform-A, Inc. (fna Advertising.com) Maryland state 2008 $25,248 tax credit/rebate
MCI Communications Services, Inc. Pennsylvania state 2013 $25,157 tax credit/rebate
GTE Cellular Communications Virginia local 1997 $25,000 grant
CELLULAR INC NETWORK CORP Colorado state 2014 $22,361 tax credit/rebate
Verizon Corporate Resource Group, LLC Pennsylvania state 2010 $21,986 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $20,692 tax credit/rebate
Mapquest PA, Inc. Pennsylvania state 2015 $19,559 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $19,324 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $18,886 tax credit/rebate
AOL Advertising, Inc. Maryland state 2011 $18,604 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $17,825 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $16,823 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $14,986 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $14,032 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $13,824 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $13,824 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $12,178 tax credit/rebate
Alltel Corporation Colorado state $12,105 tax credit/rebate
IQ ENGINES, INC. United States federal 2011 $12,000 federal grant
CELLCO PARTNERSHIP Colorado state 2014 $11,790 tax credit/rebate
Verizon Data Services Inc. Pennsylvania state 2008 $11,693 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $10,831 tax credit/rebate
Verizon Corporate Services Group, Inc. Pennsylvania state 2009 $10,746 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $10,486 tax credit/rebate
MCI Communications Services, Inc. Pennsylvania state 2011 $9,681 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $9,240 tax credit/rebate
Cellco Partnership Pennsylvania state 2016 $9,233 tax credit/rebate
AOL Advertising, Inc. (FKA Platform-A, Inc.) Maryland state 2009 $9,027 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $8,966 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $8,643 tax credit/rebate
Verizon Data Services, LLC Pennsylvania state 2013 $8,517 tax credit/rebate
Verizon Data Services, LLC Pennsylvania state 2011 $8,461 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $7,831 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $6,976 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $6,718 tax credit/rebate
Verizon Services Organization, Inc. Pennsylvania state 2012 $5,851 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $5,725 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $5,689 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $5,537 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $5,337 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $5,069 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $4,946 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $4,777 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $4,219 tax credit/rebate
Mapquest PA, Inc. Pennsylvania state 2014 $3,604 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $3,534 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2014 $3,001 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $2,974 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $2,853 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $2,115 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $2,073 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $2,040 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $1,984 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $1,823 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $1,723 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $1,640 tax credit/rebate
CELLCO PARTNERSHIP Colorado state 2014 $1,537 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $1,490 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $1,352 tax credit/rebate
CELLULAR INC NETWORK CORP Colorado state 2013 $1,284 tax credit/rebate
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