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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 Communications Inc. (/ v ə ˈ r aɪ z ən / və-RY-zən), is an American telecommunications company headquartered in New York City. [3] It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146 million subscribers as of December 31, 2024.
Frontier Communications owns local telephone operating companies consisting of companies it has owned under its previous name Citizens Communications Company, companies it acquired from Global Crossing, and companies it acquired from Verizon Communications which are grouped under its subsidiary Frontier Communications ILEC Holdings. The ...
In 1997, NYNEX was acquired by Bell Atlantic (taking the Bell Atlantic name), which later, in 2000, acquired GTE, the largest independent telephone company. Bell Atlantic later changed its name to Verizon that same year. In 2005, following a protracted bidding war with rival RBOC Qwest, Verizon announced that it would acquire long-distance ...
About half of the cash was intended to pay various claims and settlements. Previous bondholders ended up being paid 35.7 cents on the dollar, in bonds and stock in the new MCI company. The previous stockholders' stock was cancelled. [24] It had yet to pay many of its creditors, who had waited for two years for a portion of the money owed.
Ivan Seidenberg (born December 10, 1946) is the former chairman and CEO of Verizon Communications Inc. . His telecommunications career began more than 40 years ago when he joined New York Telephone, one of Verizon's predecessor companies, as a cable splicer.
CTO of Verizon Communications (2017–2018) [1] CEO of Verizon (2018–present) [ 2 ] Hans Vestberg (born 23 June 1965) is the CEO and Chairman of Verizon, where he has worked as executive vice president of the company's network and technology team, and as chief technology officer.
He was made chairman of Verizon Communications on January 1, 2012, and its CEO on August 1, 2011. [6] [self-published source?] In June 2018, Verizon announced that McAdam would retire from his role as CEO on August 1, 2018, remaining executive chairman through the end of the year. [7] He then concluded his tenure as non-executive chairman in ...