Verizon Policy Blog


FCC’s ‘Throwback Thursday’ Move Imposes 1930s Rules on the Internet

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FCC, Open Internet, Regulation


$7.2 Billion in Taxes, and Other Facts From Verizon’s 10-K

What was your tax bill in 2014? Chances are, Verizon’s was higher. The company has just filed its latest 10-K with the SEC, and the 241-page document is filled with disclosures large and small. Ever wanted to know Verizon’s headquarters address, phone number, where the company was incorporated, its IRS ID number, how many shares of Verizon stock are outstanding, or on which exchanges its stock is registered? All that information is on Page 1 alone. Other fast facts about Verizon: In 2014, Verizon paid $7.2 billion in taxes. This includes $4.1 billion paid in 2014 for income taxes, $1.3 billion for employment taxes, and $1.8 billion in property and other taxes. (Note 13) In 2014, Verizon invested $17.2 billion in network infrastructure, placing the company as one of the top private investors in U … Continue reading

Capex, Investment, SEC Filings, Taxes, Verizon 10-K


Verizon supports LEADS Act to safeguard cloud data at home and abroad

Today, Senators Hatch, Coons and Heller reintroduced The Law Enforcement Access to Data Stored Abroad (LEADS) Act. A version of this bill was introduced in the last Congress as the result of efforts by the Senators, Congressional staff and a broad coalition of technology and telecommunications companies and other stakeholders. Verizon is proud to have been a leader within the coalition that again worked with the Senators this year, and we support this bill because it will bring much needed clarity to the law and protect the privacy of our customers. This bill would require the government to use a search warrant, based on a showing of probable cause to a judge, to obtain any communications we store for our customers. Although it has been Verizon’s … Continue reading

Cloud, LEADS Act, Privacy


How “Commercial Arrangements” Can Promote Consumer Choice

In a speech earlier this week at the Silicon Flatirons Center, FCC Chairman Tom Wheeler said: “When Verizon was asked in open court if they wanted to restrict access through special commercial terms, their counsel replied, ‘I am authorized to state by my client today that but for these rules we would be exploring those commercial arrangements.’” We wrote the FCC today to set the record straight on what we did and didn’t mean by “commercial arrangements” and to reiterate our support for the open Internet. Here’s our response to the Commission: In a speech earlier this week at the Silicon Flatirons Center, Chairman Wheeler said: “When Verizon was asked in open court if they wanted to … Continue reading

FCC, Open Internet, Regulation


Verizon Reacts to FCC Chairman Tom Wheeler’s Comments on Open Internet Rules

Federal Communications Commission Chairman Tom Wheeler issued comments today regarding his intention to propose new rules on ways to regulate the Internet. The following statement should be attributed to Michael E. Glover, Verizon senior vice president and deputy general counsel, public policy and government affairs: "Heavily regulating the Internet for the first time is unnecessary and counterproductive. It is unnecessary because all participants in the Internet ecosystem support an open Internet, and the FCC can address any harmful behavior without taking this radical step. Moreover, Congress is working on legislation that would codify open Internet rules once and for all. It is counterproductive because heavy regulation of the Internet will create uncertainty and chill investment among the many players -- not just Internet service providers -- that now … Continue reading

FCC, Mobile, Net Neutrality, Open Internet, Regulation, Title II, Wireless

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