Verizon Communications Inc is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is based at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware. In 1984, the Justice Department of the United States mandated AT&T Corporation to break up the Bell System and split into seven companies, called "Baby Bells". One of the baby bells, Bell Atlantic came into existence in 1984 consisting of the separate operating companies New Jersey Bell, Bell of Pennsylvania, Diamond State Telephone, and C&P Telephone, with a footprint from New Jersey to Virginia. This company would later become Verizon.