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 second-largest wireless carrier in the United States, with 143.3 million subscribers at the end of Q2 2023.
Formerly | Bell Atlantic |
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Company type | Division |
Industry | Telecommunications |
Founded | April 4, 2000 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 Total by Verizon |
Website | verizon.com |
Footnotes / references |
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 national 5G and 4G LTE networks covering about 99 percent of the U.S. population, which in the second half of 2020 won or tied for top honors in each category of the RootMetrics RootScore Reports. Verizon Wireless offers mobile phone services through a variety of devices. Its LTE in Rural America Program, with 21 rural wireless carriers participating, covers 2.7 million potential users in 169 rural counties. Verizon Wireless announced in 2015 that it was developing a 5G, or fifth-generation, network. In 2020, 230 million people were able to access Verizon's 5G, or fifth-generation, dynamic spectrum sharing (DSS) technology network; by 2022, 200 million people were covered by Verizon's 5G Ultra Wideband network.