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Verizon
Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware. The company was formed in 1984 as Bell Atlantic as part of the break up of the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells". Headquartered in Philadelphia, it originally had an operating area from New Jersey to Virginia. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of t ...
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Bell Atlantic
Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware. The company was formed in 1984 as Bell Atlantic as part of the break up of the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells". Headquartered in Philadelphia, it originally had an operating area from New Jersey to Virginia. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the co ...
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Verizon (mobile Network)
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 largest wireless carrier in the United States, with 142.8 million subscribers at the end of Q4 2021. 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. Verizon Communications became the sole owner in 2014 after buying Vodafone's 45-percent stake in the company. It operates a national 4G LTE network covering about 99 percent of the U.S. population, which in the second half of 2020 won or tied for top honors in each catego ...
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Verizon Business
Verizon Business (formerly known as Verizon Enterprise Solutions) is a division of Verizon Communications based in Basking Ridge, New Jersey that provides services and products for Verizon's business and government clients around the world. It was formed as Verizon Business in January 2006 and relaunched as Verizon Enterprise Solutions on January 1, 2012. Between April 2014 and October 2016 its president was Chris Formant. Since November 2016 George J. Fischer was Verizon Enterprise Solutions' President until he was replaced by Tami Erwin. In 2019 Verizon reorganized into three groups, renaming Verizon Business Solutions as Verizon Business. In July 2022, Sowmyanarayan Sampath replaced Tami Erwin as CEO of Verizon Business. Overview Verizon Enterprise Solutions is the division of Verizon Communications that manages Verizon's business and government clients. The division was established as Verizon Business following Verizon's acquisition of MCI Communications in January 2006. ...
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Yahoo (2017–present)
Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo! Inc. (2017–present), Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications. It provides a web portal, search engine Yahoo! Search, Yahoo Search, and related services, including My Yahoo!, Yahoo! Mail, Yahoo Mail, Yahoo! News, Yahoo News, Yahoo! Finance, Yahoo Finance, Yahoo! Sports, Yahoo Sports and its advertising platform, Yahoo! Native. Yahoo was established by Jerry Yang and David Filo in January 1994 and was one of the pioneers of the early Internet era in the 1990s. However, usage declined in the late 2000s as some services discontinued and it lost market share to Facebook and Google. History Founding In January 1994, Yang and Filo were electrical engineering graduate students at Stanford University, when they created a website named ...
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TracFone Wireless
TracFone Wireless, Inc. (TFWI) is an American prepaid, no-contract mobile phone provider. TFWI is a subsidiary of Verizon Communications, and offers products and services under several brands. It operates as a mobile virtual network operator (MVNO), holding agreements with the three largest United States wireless network operators to provide service: AT&T Mobility, T-Mobile US, and Verizon. In 2021, Verizon acquired TracFone Wireless, Inc. from Mexico-based América Móvil (owner of Claro) in a deal worth up to $6.9 billion, involving 20 million subscribers. The deal was approved by the Federal Communications Commission on November 22, 2021, and closed the following day. History TracFone Wireless, Inc. 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. In February 1999, Topp received a major infusion of capital from Telé ...
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Visible (wireless Service)
Visible by Verizon (stylized as v˙s˙ble and also known simply as Visible) is an American mobile virtual network operator (MVNO) owned by Verizon Communications. Visible competes primarily against T-Mobile's Metro by T-Mobile, AT&T's Cricket Wireless and Dish's Boost Mobile as part of the prepaid wireless service provider brands. History Visible was launched by Verizon on May 10, 2018 without any prior announcement. At launch, the service was only available by invitation only, and at the time, required users to register via the Visible app or its website. Once registered, Visible would send users a SIM card the next day and once installed, can access the network. In addition, only unlocked phones were available to be used at launch. About Visible Visible is an all-digital wireless carrier in the United States, offering unlimited text, talk, data, and hotspot, on Verizon’s 4G LTE and 5G Networks. It is owned by Verizon and was founded in 2018. The service supports Apple ...
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BlueJeans
BlueJeans by Verizon is a company that provides an interoperable cloud-based video conferencing service. It is headquartered in the Santana Row district of San Jose, California. Prior to being acquired by Verizon, the company was known as "BlueJeans Network." History Krish Ramakrishnan and Alagu Periyannan founded BlueJeans Network in 2009, the development of which ended in six months of trials for the technology. Prior to founding the company, Ramakrishnan worked at Accel Partners, and Periyannan was the CTO of Blue Coat Systems as well as a tech lead at Apple Inc. Stu Aaron, the company's chief commercial officer ( CCO), described the early work as, "Ultimately, what we're trying to do is make video conferencing as comfortable and as casual as your pair of jeans." The company was able to acquire $23.5 million in venture capital from Accel Partners, NEA, and Norwest Venture Partners, and launched its commercial service on June 29, 2011 with Ramakrishnan as CEO. The company ...
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Hans Vestberg
Hans Vestberg (born 23 June 1965) is a Swedish businessman and CEO of Verizon Communications, where he has worked as executive vice president of the company's network and technology team, and as chief technology officer. Vestberg was previously the CEO of telecommunications company Ericsson, president of the Swedish Olympic Committee, and chairman of the Swedish Handball Federation. Early life and education Hans Vestberg was born in Hudiksvall, Sweden, in 1965. He studied at Uppsala University in Uppsala, Sweden, where he received a degree in Business Administration and Economics in 1991. Career Vestberg began his career in Hudiksvall at Ericsson Cables in 1991. He worked at Ericsson for 25 years, with management roles for the company in Sweden, China, Brazil, Mexico and the United States. He was CFO for Ericsson in Brazil from 1998 to 2000. From 2000 to 2002, Vestberg was CFO for Ericsson in North America and comptroller for the Americas. He served as president for Ericsson i ...
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NYNEX
NYNEX Corporation was an American telephone company that served five states of New England ( Maine, Massachusetts, New Hampshire, Rhode Island and Vermont) as well as most of the state of New York from January 1, 1984 to August 14, 1997. History Formed on January 1, 1984 as the result of the breakup of the Bell System, NYNEX was a Regional Bell Operating Company which was made up of former subsidiaries of AT&T, these being New York Telephone and New England Telephone. The name NYNEX was an acronym for New York/New England EXchange. Bell Atlantic NYNEX merged with Bell Atlantic on August 14, 1997, in what was at the time the second-largest merger in corporate history in America. Although the surviving company was Bell Atlantic, the merged company moved from the headquarters of Bell Atlantic in Philadelphia to the headquarters of NYNEX in New York City. Bell Atlantic acquired GTE on June 30, 2000 to form Verizon Communications, the merger being first announced in Apr ...
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1095 Avenue Of The Americas
1095 Avenue of the Americas is a skyscraper in the Midtown Manhattan neighborhood of New York City. It was constructed from 1971 to 1973 as headquarters of New York Telephone and has 41 floors. The building also served as the headquarters of NYNEX and Bell Atlantic. Kahn & Jacobs designed the tower, which is the 98th tallest building in the city. The original facade was said to be designed to resemble the relays which were commonly found inside telephones of the time. History From 2006 to 2007, the tower was upgraded from Class B+ to Class A office space for $260 million. The phone company moved its headquarters to 140 West Street in the early 2000s and sold off most of the Sixth Avenue building. Verizon retained a condominium interest in floors 6-12, where it maintained offices and a telephone exchange serving landlines in Midtown Manhattan. In 2013, the company moved its corporate headquarters back to 1095 Avenue of the Americas after selling the upper floors of ...
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Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes. Many professionals consider it to be an inadequate representation of the overall U.S. stock market compared to a broader market index such as the S&P 500. The DJIA includes only 30 large companies. It is price-weighted, unlike stock indices which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor which is currently () approximately 0.152. The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the index is the second-oldest among U.S. mar ...
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Telecommunications Industry
The telecommunications industries within the sector of information and communication technology is made up of all telecommunications/telephone companies and internet service providers and plays a crucial role in the evolution of mobile communications and the information society. Traditional telephone calls continue to be the industry's biggest revenue generator, but thanks to advances in network technology, telecom today is less about voice and increasingly about text ( messaging, email) and images (e.g. video streaming). High-speed internet access for computer-based data applications such as broadband information services and interactive entertainment is pervasive. Digital subscriber line (DSL) is the main broadband telecom technology. The fastest growth comes from ( value-added) services delivered over mobile networks. Insight Research projected that telecommunications services revenue worldwide would grow from $2.2 trillion in 2015 to $2.4 trillion in 2019. Market ...
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