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Verizon has lost market share to rivals like T-Mobile US as it mismanaged its 5G rollout, ... Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $357,084!*
Verizon's shares traded at over $45 per share, and its market capitalization was valued at over US$163.96 billion in January 2025. [152] Verizon is currently ranked #31 in the Fortune 500 for 2023 and #68 in the Fortune Global 500.
Verizon Wireless held this market position until Cingular Wireless acquired AT&T Wireless Services in 2004. [ 19 ] Throughout the 2000s, Verizon acquired several wireless phone companies and assets across the country, including West Virginia Wireless in 2006; [ 20 ] Ramcell in 2007; [ 21 ] Rural Cellular Corporation [ 22 ] and SureWest ...
By the end of 2007, the usage share of Netscape's browsers had fallen from over 90% in the 1990s, to less than 1%. [2] Its second-largest acquisition is the purchase of MapQuest, a web mapping company. From 1999 to 2009, MapQuest had the greatest market share among mapping websites; it has since dropped to second place, behind Google Maps.
The company shut down in 2009 after failing to execute. uBid: An online auction site founded in 1997 as a subsidiary of PCM, Inc. that went public in December 1998 at $15 per share before its stock price soared to $186 per share, a market value of $1.5 billion.
In 1998, 360 Communications was acquired by Alltel, [41] which was in turn acquired by Verizon in 2009. [ 42 ] In 1994, Sprint announces plans for a powerful new venture with three of the nation's major cable television companies, Tele-Communications Inc. (TCI), Comcast Corp. and Cox Cable .
Charter filed for a prearranged bankruptcy on March 28, 2009. The company expected the financial restructuring to reduce its debt by $8 billion, as well as adding $3 billion of new investment, and refinancing other debt. On November 30, 2009, its bankruptcy plan was approved, which extinguished its stock and cut approximately $8 billion in debt ...
After placing these markets in a trust for one year, the Kentucky markets were sold to Verizon Wireless in November 2008 with market transition to be completed by November 2009, and the others, TX-10 and OK-5, were sold to affiliates of MTPCS, LLC, which concurrently adopted the Cellular One brand under a license agreement with Trilogy Partners.