Verizon (mobile network)
American telecommunications company / From Wikipedia, the free encyclopedia
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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]
Formerly | Bell Atlantic |
---|---|
Company type | Division |
Industry | Telecommunications |
Founded | April 4, 2000; 24 years ago (2000-04-04) in Bedminster, New Jersey, United States |
Founder | |
Headquarters | , U.S. |
Number of locations | 2,330 owned retail stores |
Area served | United States |
Key people | Hans Vestberg (CEO, Verizon Communications) |
Services | |
Parent | Verizon Communications |
Divisions | Visible by Verizon TracFone Wireless Verizon Fios |
Website | verizon.com |
Footnotes / references [1][2][3] |
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]