Verizon is one of three main US telcos, which has wireline coverage from New Jersey to Virginia and New York to Maine on the East coast. It is a composite of a number of the local phone companies which once belonged to AT&T. Today Verizon’s cellular business Verizon Wireless was formed from to Bell Atlantic Mobile, Nynex Mobile, Vodafone’s AirTouch Communications, PrimeCo Communications, and GTE Mobilnet. As a result of its contribution Vodafone owns 45% of the business. It has a nationwide footprint and is currently the largest US cellular operator, (104 million users at the end of 2010) though it may be overtaken by AT&T Mobility if its purchase of T-Mobile goes through. Verizon Wireless, like AT&T Mobility has been acquiring smaller rivals and most recently added Alltel in 2009. Verizon uses the same CDMA 2000 technology that Sprint uses, different from the W-CDMA technologies of AT&T and T-Mobile USA.
Verizon has denied yesterday's reports that it was not only planning to bid for Vodafone Group, but that it might work with AT&T to do so. The almost mind-boggling scenario gained significant atte ...
- Verizon upgraded on hopes for Vodafone buy-out
- Verizon to seek Vodafone buyout or even merger?
- Europe's crisis continues to weigh on Vodafone
15 May, 2013
Chip giant partners with Kaspersky to preinstall antivirus tools, while Verizon and VMware support secure business profile
30 April, 2013
While Verizon is reported to be preparing $100bn bid for the rest of its wireless arm, Vodafone could ask $135bn
12 April, 2013
Introduces its cheapest plan at $35, as prepaid market expands and it frees up affordable capacity in its CDMA network
19 March, 2013
Citigroup believes the window is open for US telco to take full control of Verizon Wireless, but could require $80bn in new debt
11 January, 2013
Verizon's CEO reveals launch window at CES
8 January, 2013
Verizon chief says wireless arm had its best Q4 ever, and revives speculation that it will buy out Vodafone
- Wireless lifts Cisco's solid third quarter - 16 May, 2013
- BlackBerry chases market share with two launches - 15 May, 2013
- Greentouch targets 90% cut in mobile power levels - 14 May, 2013
- Samsung claims '5G' breakthrough - 13 May, 2013