What Companies Does Verizon Own?

Verizon Communications is a leading provider of wireless and broadband telecommunications services in the US.

It has made several major acquisitions over the years to expand its business profile beyond its core operations.

Some of the biggest companies that Verizon has purchased include AOL, Yahoo, Fleetmatics, Terremark, and Complex Media.

These acquisitions have diversified Verizon’s portfolio and enabled it to provide a wider range of services to its customers, from media and digital advertising to cloud hosting and fleet management solutions.

By owning such a vast array of companies, Verizon can remain at the forefront of the rapidly evolving telecoms landscape in the US and beyond.

Who Owns Verizon?

Verizon is a publicly traded company which means it is owned by its shareholders.

It is one of the largest telecommunications companies in the world. It provides a wide range of products and services, such as wireless voice and data services, broadband internet access, satellite TV programming, and more.

However, most people don’t realize that Verizon owns dozens of other leading brands across many industries – from media outlets to tech platforms – all of which help them deliver incredible value for their customers.

What Companies Does Verizon Own?

Companies owned by Verizon in different industries are as follows.

1. Media Companies

Verizon owns several media companies, including Yahoo!, AOL, Complex Network, and HuffPost.

These companies provide content and services to millions of people around the world, ranging from news and entertainment to sports and business.

Verizon has also acquired a number of other smaller media companies in recent years, further expanding their reach in this industry.

2. Tech Platforms

In addition to its various media outlets, Verizon owns several tech platforms.

These include Fleetmatics – a fleet management system for businesses – as well as Terremark – a cloud hosting platform for enterprise customers.

As technology continues to play an increasingly important role in our lives, it’s no wonder that Verizon is investing heavily in this sector.

3. Telecommunications Companies

Of course, telecommunications is the main focus of Verizon’s business.

The company provides a wide range of services in this industry, including wireless and broadband internet access as well as satellite TV programming.

As one of the largest telecom providers in the US, Verizon has positioned itself to remain at the forefront of this ever-evolving sector.

When Was Verizon Founded?

Verizon was founded in 1983 when Verizon’s predecessor, Bell Atlantic, was formed as a result of the breakup of the original AT&T.

From there, the company expanded through various mergers and acquisitions, ultimately becoming the Verizon we know today.

It’s fascinating to think about how this telecommunications giant has evolved over the years and become such an integral part of our everyday lives.

Who is the CEO of Verizon?

The current CEO is Tami Erwin, who leads both the Verizon Consumer Group and Verizon Business Group.

With over 30 years of experience in the telecommunications industry, Erwin has played a crucial role in the development and success of Verizon’s 5G network.

As CEO, she is responsible for overseeing Verizon’s business operations, including sales, customer service, and product development.

Erwin is a visionary leader who has positioned Verizon as one of the most innovative companies in the world, and she continues to drive the company’s growth and success.

What is the Net Worth of Verizon?

Verizon’s net worth currently stands at around $139 billion as of August 2023.

That’s a staggering amount of wealth, and it’s a testament to the company’s longevity and success over the years.

With such a massive net worth, it’s no surprise that millions of people rely on Verizon for their communication needs, whether it’s through their wireless service, internet, or television.

It’s clear that Verizon’s impact on the world of telecom is huge, and its net worth is just one indication of that fact.

How Many Employees Does Verizon Have?

As of 2022, Verizon employed over 135,000 people across multiple divisions.

From customer service representatives to engineers and marketers, each employee plays an essential role in ensuring Verizon remains at the forefront of the telecommunications industry.

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