Verizon (mobile network)

Verizon
FormerlyVerizon Wireless
Company typeDivision
IndustryTelecommunications
Predecessor
FoundedApril 4, 2000; 24 years ago (2000-04-04) in Bedminster, New Jersey, United States
Founders
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
DivisionsTracFone Wireless
Visible by Verizon
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 has 114.2 million subscribers as of September 30, 2024. It currently has the largest network in the United States with their LTE network covering 70% of the United States.[4]

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.[5] Verizon Communications became the sole owner in 2014 after buying Vodafone's 45-percent stake in the company.[6]

It operates national 5G and 4G LTE networks covering about 99 percent of the U.S. population,[7] which in the first half of 2024 won top honors in five out of eight categories of the RootMetrics RootScore Reports, along with the most awards in both state and metro testing. Notably, Verizon won the United States Overall and Data RootScore Awards outright, along with outright wins for accessibility and video performance.[8] Verizon Wireless offers mobile phone services through a variety of devices.[9] Its LTE in Rural America Program, with 21 rural wireless carriers participating, covers 2.7 million potential users in 169 rural counties.[10] Verizon Wireless announced in 2015 that it was developing a 5G, or fifth-generation, network.[11] In 2020, 230 million people were able to access Verizon's 5G, or fifth-generation, dynamic spectrum sharing (DSS) technology network;[12] by 2024, 250 million people were covered by Verizon's 5G Ultra Wideband network.[13]

  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". October 23, 2024. Retrieved October 23, 2024.
  5. ^ Cite error: The named reference ReutersApril252013 was invoked but never defined (see the help page).
  6. ^ Cite error: The named reference DeLaMercedSeptember22013 was invoked but never defined (see the help page).
  7. ^ "Best Phone Carrier, Best Wireless, Why Verizon". Verizon Wireless. Archived from the original on April 17, 2021. Retrieved April 15, 2021.
  8. ^ Cite error: The named reference RootMetrics2024 was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference ReutersProfile was invoked but never defined (see the help page).
  10. ^ Cite error: The named reference PhilGoldstein15-2 was invoked but never defined (see the help page).
  11. ^ Cite error: The named reference RogerCheng15 was invoked but never defined (see the help page).
  12. ^ "Verizon expands nationwide 5G to 230M people". Fierce Wireless. December 17, 2020.
  13. ^ "Verizon Fact Sheet". Verizon. June 30, 2024. Archived from the original on July 26, 2024. Over 250 million people covered by C-Band