What is Verizon?

Verizon

Verizon is US company that provides broadband, wireless and cable services.

Billed as the largest wireless communications service provider in the US, the telecommunications company is one of the seven ‘Baby Bells’ that was formed following a lawsuit involving AT&T and the US Department of Justice.

Settled in 1982, the court case saw AT&T having to relinquish control of the Bell System – a system which provided telephone services to most of the US and Canada. After the monopoly was broken, Bell Atlantic came into existence in 1984 – the precursor to Verizon.

Following the acquisition of GTE in 2000, Bell Atlantic changed its name to Verizon, a portmanteau of veritas, the Latin word for truth, and horizon.

Verizon is divided into four business units, wireless services, residential and small business services, enterprise services and partner programs.

 

How much of the US is covered by Verizon’s 4G network?

Name:

Verizon

Main Business:

Telecommunications

CEO:

Lowell McAdam

Year founded:

1984

Share Price:

USD ( ) ( Last Updated : )

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