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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 146 million subscribers as of December 31, 2024.
It was founded in 2000 as a joint venture of American telecommunications firm Bell Atlantic, which would soon become Verizon Communications, and British multinational telecommunications company Vodafone. [6] Verizon Communications became the sole owner in 2014 after buying Vodafone's 45-percent stake in the company. [7]
Another wrote in an email, "My company was not founded in a motel coffee shop." [ 11 ] : 320 In May 2003, in a controversial deal, the company was given a $45 million no-bid contract by the United States Department of Defense to build a cellular phone service in Iraq as part of the U.S.-led reconstruction effort despite the fact that the ...
Based in New York, New York, US Mobile was founded in 2015 by CEO Ahmed Khattak as a GSM-based service provider. [7] Khattak was born in Pakistan in 1986. [8] In late 2016, US Mobile had reported roughly 20,000 customers. By 2018, the company's customer base had reached 50,000. [9] In 2020, the company claimed about 250,000 customers. [10]
TracFone Wireless was established in 1996 as Topp Telecom Inc., a prepaid mobile phone company, in Miami, Florida. It was founded by David Topp and F.J. Pollak. Pollak acted as the CEO of Tracfone until his death in 2016. [2] In February 1999, Topp received a major infusion of capital from Telmex, Mexico's largest telephone company. Telmex paid ...
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.
Verizon Wireless offers mobile phone services through a variety of devices. [10] Its LTE in Rural America Program, with 21 rural wireless carriers participating, covers 2.7 million potential users in 169 rural counties. [11] Verizon Wireless announced in 2015 that it was developing a 5G, or fifth-generation, network. [12]
Sprint and Verizon Wireless had a reciprocal data roaming agreement [100] that allowed for the use of Sprint Power Vision content like TV, movie downloads, and stream radio in Verizon 1x and EVDO coverage areas. Sprint also had a reciprocal 1xRTT, EVDO and LTE data and voice roaming agreement with U.S. Cellular.