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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.
Before Verizon's LTE network was launched, the company operated an exclusively CDMA2000 network (the other major CDMA2000 carrier in the US being Sprint). Verizon began its initial tests for the 4G LTE network in 2008 [12] in order to move from older-generation mobile communications technologies to the emerging global standard. [58]
1940: McDonald's. When McDonald's was founded depends on who you ask. The company itself claims 1955, when Ray Kroc established McDonald's System, Inc., and turned it into today's fast-food giant ...
On February 5, 2015, Verizon Communications announced a sale of its remaining wired telecom operations in California, Florida, and Texas to Frontier Communications. Verizon California is included in the sale. The transaction closed in the first half of 2016. [3] Verizon California transitioned to Frontier Communications on April 1, 2016. [4]
The cellphone provider is the nation’s largest with more than 114 million customers.
2024 company ranking: No. 465 After stepping down as CEO of footwear company LA Gear, which he also co-founded, Greenberg created Skechers with a focus on men’s street shoes in 1992.
Before Verizon's LTE network was launched, the company operated an exclusively CDMA2000 network (the other major CDMA2000 carrier in the US being Sprint). Verizon began its initial tests for the 4G LTE network in 2008 [12] in order to move from older-generation mobile communications technologies to the emerging global standard. [57]
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.