Changes

| industry        = Telecommunications

| industry        = Telecommunications

| founded        = 1983

| founded        = 1983

| founders        = [[Charles R. Lee]]<br>

| founders        = [[Charles R. Lee]] & [[Ivan G. Seidenberg]]

Ivan R. Seidenberg

| ownership      =  

| ownership      =  

| headquarters    = New York

| headquarters    = New York

| twitter        = Verizon

| twitter        = Verizon

| keypeople      = [[Ivan G. Seidenberg]], Chairman and CEO <br>

| keypeople      = [[Ivan G. Seidenberg]], Chairman and CEO <br>

[[Lowell C. Mc Adam]], President and COO <br>

[[Lowell C. McAdam]], President and COO <br>

Francis J. Shamm, EVP & CFO

Francis J. Shamm, EVP & CFO

}}

}}

===Verizon and MCI Merger===

===Verizon and MCI Merger===

On January 6, 2006, Verizon  acquired MCI, through a $ 8.5 billion transaction, to enhance the company's capability to deliver the benefits of converged communications, information and entertainment across the country and around the world.<ref>[http://www.tmcnet.com/news/2006/jan/1266771.htm Verizon-MCI Merger]</ref> The company became a global provider of advance telecommunications and information technology solutions to large businesses as well as government entities. Verizon has more than 100 million customers in the US with a nationwide presence in wireline and wireless market.

On January 6, 2006, Verizon  acquired [[MCI]], through a $ 8.5 billion transaction, to enhance the company's capability to deliver the benefits of converged communications, information and entertainment across the country and around the world.<ref>[http://www.tmcnet.com/news/2006/jan/1266771.htm Verizon-MCI Merger]</ref> The company became a global provider of advance telecommunications and information technology solutions to large businesses as well as government entities. Verizon has more than 100 million customers in the US with a nationwide presence in wireline and wireless market.

===Alltel Corp. Acquisition===

===Alltel Corp. Acquisition===

==Verizon Domain Name Disputes==

==Verizon Domain Name Disputes==

Over the years, Verizon has been fighting for the protection of its trademark and domain name. The company filed several lawsuits against companies that registered a Verizon domain name in bad faith. One of the legal battles involving Verizon regarding its domain name was against domain portfolio owner [[IREIT]]. In 2007, Verizon and IREIT entered a settlement agreement.The settlement between the companies include a monetary payment to Verizon and a permanent injunction will be issued to IREIT prohibiting the company from registering, trafficking in, or using, as a registrant, any domain name that is identical or confusingly similar to the Verizon trademarks.<ref>[http://www.domainnamenews.com/legal-issues/ireit-and-verizon-settle-legal-dispute/1350 Domain Name News]</ref>

Over the years, Verizon has been fighting for the protection of its trademark and domain name. The company filed several lawsuits against companies that registered a Verizon domain name in bad faith. One of the legal battles involving Verizon regarding its domain name was against domain portfolio owner [[Internet REIT]]; in 2007, Verizon and IREIT entered a settlement agreement. The settlement between the companies included a monetary payment to Verizon and a permanent injunction issued to IREIT prohibiting the company from registering, trafficking in, or using, as a registrant, any domain name that is identical or confusingly similar to the Verizon trademarks.<ref>[http://www.domainnamenews.com/legal-issues/ireit-and-verizon-settle-legal-dispute/1350 Domain Name News]</ref>

   

   

Furthermore, in 2008, Verizon won a $33.15 million cybersquatting law suit against domain name registrar [[OnlineNic]], a company based in San Francisco that claimed 663 verizon sites such as verizononline.com, myverizonwireless.com, 123verizonphones.com, using an automated process.The fake sites hosted ad links and pop-under advertisements making revenue for OnlineNIC. <ref>[http://www.theregister.co.uk/2008/12/26/verizon_awarded_33mil_against_onlinenic/ Verizon Awarded $33.15 million against cybersquatter]</ref>

Furthermore, in 2008, Verizon won a $33.15 million [[Cybersquatting|cybersquatting]] law suit against domain name registrar [[OnlineNic]], a company based in San Francisco that claimed 663 Verizon sites such as verizononline.com, myverizonwireless.com, 123verizonphones.com, using an automated process. The fake sites hosted ad links and pop-under advertisements, generating revenue for OnlineNIC.<ref>[http://www.theregister.co.uk/2008/12/26/verizon_awarded_33mil_against_onlinenic/ Verizon Awarded $33.15 million against cybersquatter]</ref>

==ICANN and Verizon==

==ICANN and Verizon==

 

On April 19, 2009, Verizon submitted its comments on the second version of the [[DAG|Draft Application Guidebook]] for new [[gTLD]]s. Verizon encouraged ICANN to delay any further version of the DAG and delay its timeline to introduce new gTLD until certain fundamental tresholds had been addressed, such as:<ref>[http://www.icann.org/en/correspondence/deutsch-to-twomey-13apr09-en.pdf icann.org]</ref>

On April 19, 2009, Verizon submitted its comments on the second version of the Draft Application Guidebook (DAG) for new [[gTLD]]. Verizon encouraged ICANN to delay any further version of the DAG and delay its timeline to introduce new gTLD until the fundamental tresholds had been addressed such as:<ref>[http://www.icann.org/en/correspondence/deutsch-to-twomey-13apr09-en.pdf icann.org]</ref>

# Completing an impartial economic study with comprehensive empirical evidence to support the need for new TLDs

# Completing an impartial economic study with comprehensive empirical evidence to support the need for new TLDs

# Addressing concerns about the safety and stability of internet

# Addressing concerns about the safety and stability of the Internet throughout the introduction of new [[gTLD]]s

# Protecting against phishing, malware and fraud

# Protecting against phishing, malware and fraud

# Establishing a comprehensive set of protection to curb trademark abuse at all stages of the new TLD process

# Establishing a comprehensive set of protection to curb trademark abuse at all stages of the new TLD process

The company emphasized its concern over [[cybersquatting]], [[domain tasting]] and [[domain kiting]] and over the years it spent millions of dollars protecting its brand, trademarks and intellectual property rights in federal courts and under the Uniform Domain Name Dispute Resolution Policy ([[UDRP]]].Verizon commented that the following fundamental rights protection measures are needed to address trademark concerns:<ref>[http://www.icann.org/en/correspondence/deutsch-to-twomey-13apr09-en.pdf icann.org]</ref>

The company emphasized its concern over [[cybersquatting]], [[Domain Tasting|domain tasting]] and [[Domain Kiting|domain kiting]] and over the years it has spent millions of dollars protecting its brand, trademarks and [[Intellectual Property|intellectual property]] rights in federal courts and under the [[UDRP|Uniform Domain Name Dispute Resolution Policy]]. Verizon commented that the following fundamental rights protection measures are needed to address trademark concerns:<ref>[http://www.icann.org/en/correspondence/deutsch-to-twomey-13apr09-en.pdf icann.org]</ref>

# Expedited Suspension Mechanism

# Expedited Suspension Mechanism

# Creation of gTLD reserved List (White List)

# Creation of gTLD reserved List (White List)

[[Category: Companies]]

[[Category:Telecommunications]]