On July 16, 2007, it denied a report that it was planning to make an historic $160 billion bid to buy Verizon Communications Inc., one of the largest telecommunications companies in the [[United States]]. However it did take over a large amount of Verizon. | On July 16, 2007, it denied a report that it was planning to make an historic $160 billion bid to buy Verizon Communications Inc., one of the largest telecommunications companies in the [[United States]]. However it did take over a large amount of Verizon. |