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Majority owner Verizon Communications became sole owner of its wireless business in 2014, when it bought Vodafone's 45 percent stake. [28] Vodafone received $58.9 billion cash, $60.2 billion in stock and $11 billion in other consideration. [6] [29] An article in The New York Times estimated Verizon Wireless' valuation at about $290 billion. [6]
Verizon Communications Inc. (/ v ə ˈ r aɪ z ən / və-RY-zən), is an American telecommunications company headquartered in New York City. [3] It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 114.2 million subscribers as of September 30, 2024.
Ivan Seidenberg (born December 10, 1946) is the former chairman and CEO of Verizon Communications Inc. . His telecommunications career began more than 40 years ago when he joined New York Telephone, one of Verizon's predecessor companies, as a cable splicer.
CTO of Verizon Communications (2017–2018) [1] CEO of Verizon (2018–present) [ 2 ] Hans Vestberg (born 23 June 1965) is the CEO and Chairman of Verizon, where he has worked as executive vice president of the company's network and technology team, and as chief technology officer.
Mobile virtual network operators (MVNOs) in the United States lease wireless telephone and data service from the four major cellular carriers in the country—AT&T Mobility, Boost Mobile, T-Mobile US, and Verizon—and offer various levels of free and/or paid talk, text and data services to their customers.
Sold spectrum licenses to Verizon Wireless and Eltopia Communications and became a Verizon Wireless MVNO. Fuego Wireless: LTE: Unknown: 2016: Sold network and spectrum licenses to AT&T and Infrastructure Networks [59] Golden State Cellular: CDMA2000: EV-DO: 0.018 [60] 2014: Acquired by Verizon Wireless. [61] Indigo Wireless: GSM, UMTS: EDGE ...
CREDO Mobile (formerly Working Assets Wireless) is an American mobile virtual network operator headquartered in San Francisco, California. CREDO Mobile's mobile network operator is Verizon Wireless .
In a news release dated February 22, 2016, Verizon announced plans to acquire XO Communications' "fiber-optic network business." [3] [4] In 2017, Verizon completed its $1.8 billion acquisition of XO Communications. [5] [6] As of summer 2020 all XO services have been migrated to Verizon.