Last Update: Thursday 21st of June 2018
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Verizon Wireless is one of the largest cell phone providers in the US. They are a wholly owned subsidiary of Verizon Communications. In January 2016, Verizon Wireless provided wireless services to 140.1 million subscribers in the US, making it the largest wireless telecom company in the United States. Basking Ridge, NJ is where their headquarters are located. They sell products directly to consumers at verizonwireless.com, company owned stores, and through a network of local dealers.
They offer special deals for military and veterans, international students, and employee discounts for contracted companies.
As they put it:
We are problem-solvers, engineers, technologists and innovators. Every day, we connect millions of people, companies and communities with our powerful technology. Not many companies get the chance to change the industry and the world through innovation. We do.
Speed. Power. Innovation. Our investment in superior wireless, fiber optic and global IP networks puts Verizon at the center of powerful growth markets. Our networks enable us to deliver innovative services like cloud, video and telematics to enrich the lives of our customers around the globe.
Verizon is one of the largest communication technology companies in the world. We operate America’s largest 4G LTE wireless network and the nation’s premiere all-fiber broadband network.
Per wikipedia, the origins of the company are:
In September 2000, American phone company Bell Atlantic and U.K.-based Vodafone Airtouch PLC announced they would create a new wireless phone service joint venture valued at $70 billion in September 1999. The joint venture was being created as Bell Atlantic underwent a merger with GTE Corporation. In April 2000, the companies announced that the Bell Atlantic-GTE merger would take the name Verizon and that the Bell Atlantic-Vodafone wireless unit would be called Verizon Wireless (legally Cellco Partnership d/b/a Verizon Wireless). Verizon Communications owned 55 percent of Verizon Wireless while Vodafone retained 45 percent ownership. Regulators with the Federal Communications Commission approved the Bell Atlantic-GTE merger June 16, 2000, creating the largest wireless company in the U.S. Verizon Wireless held this market position until Cingular acquired AT&T in 2004.
Throughout the 2000s, Verizon acquired several wireless phone companies and assets across the country, including West Virginia Wireless in 2006; Ramcell in 2007; Rural Cellular Corporation and SureWest Communications, both in 2008. Also in 2008, Verizon struck a deal to buy Alltel for $5.9 billion in equity while assuming $22.2 billion worth of debt. The deal finalized January 9, 2009, again making Verizon Wireless the country's biggest cellphone network. As per the agreement, Verizon sold rural wireless properties across 18 states to AT&T. Those properties were in Alabama, Arizona, California, Colorado, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, South Dakota, Tennessee, Utah, Virginia and Wyoming. Verizon's acquisitions continued in the 2010s, including the purchases of some Plateau Wireless markets in 2012 and Golden State Cellular's operator in 2014.
Majority owner Verizon Communications became sole owner of its wireless business in 2014, when it bought Vodafone's 45 percent stake. Vodafone received $58.9 billion cash, $60.2 billion in stock and $11 billion in other transactions. An article in The New York Times estimated Verizon Wireless' valuation at about $290 billion.
Verizon is a leader in rolling out 5G networks, which promise better speeds and coverage.
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- Phone: 212-395-1000
140 West Street
NY, NY 10007 USA
- Payment accepted: Visa, MasterCard, American Express, check, ATM, Debit card
- Sales tax in: Most States
- Shipping: 2 day shipping, overnight
- Return policy: 14 days/$35 restocking fee