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February 17, 2017

What is Verizon?

One of the seven 'Baby Bells'.

By Hannah Williams

Verizon is US company that provides broadband, wireless and cable services.

Billed as the largest wireless communications service provider in the US, the telecommunications company is one of the seven ‘Baby Bells’ that was formed following a lawsuit involving AT&T and the US Department of Justice.

Settled in 1982, the court case saw AT&T having to relinquish control of the Bell System – a system which provided telephone services to most of the US and Canada. After the monopoly was broken, Bell Atlantic came into existence in 1984 – the precursor to Verizon.

Following the acquisition of GTE in 2000, Bell Atlantic changed its name to Verizon, a portmanteau of veritas, the Latin word for truth, and horizon.

Verizon is divided into four business units, wireless services, residential and small business services, enterprise services and partner programs.

 

How much of the US is covered by Verizon’s 4G network?

Verizon Wireless was founded in 2000 and as of April 2016, its 4G LTE network covered 98% of the US. Verizon Wireless provides mobile phone, text message and data services to a range of devices, in addition to offering wireless hotspot devices.

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Verizon’s Residential and Small Business segment provides phone services, internet and TV to homes and small businesses, via copper wire or fibre optic cable.

Verizon Enterprise Solutions provides services for wholesale, corporate and government clients. It also offers a cloud-based platform to deliver IT, security, mobility and collaboration solutions to customers. Supporting service over 75 countries, 99% of the Fortune 500 use Verizon’s enterprise service.

 

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