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Verizon (mobile network)

Verizon
FormerlyBell Atlantic
Company typeDivision
IndustryTelecommunications
FoundedApril 4, 2000 (2000-04-04) in Bedminster, New Jersey, United States
Founder
Headquarters
Basking Ridge, New Jersey
,
U.S.
Number of locations
2,330 owned retail stores
Area served
United States
Key people
Hans Vestberg (CEO, Verizon Communications)
Services
ParentVerizon Communications
DivisionsVisible by Verizon
TracFone Wireless
Verizon Fios
Websiteverizon.com
Footnotes / references
[1][2][3]

Verizon is an American wireless network operator that previously operated as a separate division of Verizon Communications under the name Verizon Wireless. In a 2019 reorganization, Verizon moved the wireless products and services into the divisions Verizon Consumer and Verizon Business, and stopped using the Verizon Wireless name. Verizon is the second-largest wireless carrier in the United States, with 144.8 million subscribers as of December 31, 2023.[4] It currently has the largest network in the United States with their LTE network covering 70% of the United States.[5]

The company is headquartered in Basking Ridge, New Jersey. 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]

It operates national 5G and 4G LTE networks covering about 99 percent of the U.S. population,[8] which in the second half of 2020 won or tied for top honors in each category of the RootMetrics RootScore Reports.[9] 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] In 2020, 230 million people were able to access Verizon's 5G, or fifth-generation, dynamic spectrum sharing (DSS) technology network;[13] by 2022, 200 million people were covered by Verizon's 5G Ultra Wideband network.[14][15]

  1. ^ "The History of Verizon Communications". Verizon Wireless. Archived from the original on September 14, 2010. Retrieved May 7, 2007.
  2. ^ "Executive Leadership". Aboutus.verizonwireless.com. Archived from the original on October 26, 2013. Retrieved May 15, 2012.
  3. ^ "Stores 2010 Hot 100 Retailers". Stores.org. August 2017. Archived from the original on September 30, 2011. Retrieved June 28, 2011.
  4. ^ "Financial and Operating Information" (PDF). January 23, 2024. Retrieved March 9, 2024.
  5. ^ "Financial and Operating Information". Verizon. September 30, 2023.
  6. ^ Cite error: The named reference ReutersApril252013 was invoked but never defined (see the help page).
  7. ^ Cite error: The named reference DeLaMercedSeptember22013 was invoked but never defined (see the help page).
  8. ^ "Best Phone Carrier, Best Wireless, Why Verizon". Verizon Wireless. Archived from the original on April 17, 2021. Retrieved April 15, 2021.
  9. ^ Cite error: The named reference RootMetrics2020 was invoked but never defined (see the help page).
  10. ^ Cite error: The named reference ReutersProfile was invoked but never defined (see the help page).
  11. ^ Cite error: The named reference PhilGoldstein15-2 was invoked but never defined (see the help page).
  12. ^ Cite error: The named reference RogerCheng15 was invoked but never defined (see the help page).
  13. ^ "Verizon expands nationwide 5G to 230M people". Fierce Wireless. December 17, 2020.
  14. ^ "Verizon 'not just chasing POPs' in 5G mid-band race". Fierce Wireless. April 12, 2023.
  15. ^ Hollington, Jesse (April 26, 2023). "Live in a rural area? Verizon 5G is about to get better for you". Digital Trends. Retrieved July 28, 2023.
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