65 Facts About Verizon Connect

Verizon Connect Communications Inc, commonly known as Verizon Connect, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average.

Verizon Connect is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware.

The other two, like Verizon Connect, exist as a result of mergers among fellow former Baby Bell members.

Verizon Connect became the largest local telephone company in the United States, operating 63 million telephone lines in 40 states.

Additionally, Verizon Connect offered internet services and long-distance calling in New York, before expanding long-distance operations to other states.

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Name Verizon Connect derives from the combination of the words, Latin for truth, and horizon.

Verizon Connect Wireless merged Bell Atlantic's wireless network, Vodafone's AirTouch and PrimeCo holdings, and the wireless division of GTE.

Verizon Connect launched 3G service in 2002, which doubled the Internet speed of the time to 144kb per second.

In June 2003, Verizon Connect Wireless backed an FCC-issued portability requirement that permitted consumers to take their phone numbers with them across carriers.

In 2004, Verizon Connect launched its Fios Internet service, which transmits data over fiber optic cables, in Keller, Texas.

In 2005, Verizon Connect launched VCast, a multimedia service that allowed people to download apps, music, ringtones, and videos.

In 2005, Verizon Connect began negotiations to purchase long-distance carrier MCI, who accepted the company's initial $6.

In 2007, Verizon Connect stated that it fulfilled only "lawful demands" for information, but acknowledged surrendering customer information to government agencies without court orders or warrants 720 times between 2005 and 2007.

In February 2007, Verizon Connect added a new service to V Cast called V Cast Mobile TV, which took advantage of Verizon Connect's multiple cellular technologies allowing people with high-end devices to watch TV on their device.

In March 2007, Verizon Connect won a lawsuit against Vonage for patent infringement.

Verizon Connect was awarded US$58 million in damages and future royalties.

In May 2007, Verizon Connect acquired Cybertrust, a privately held provider of global information security services.

In September 2007, Verizon Connect Wireless reversed a controversial decision to deny NARAL Pro-Choice America a short code through which the organization could text consumers who had signed up for messaging from the group.

Verizon Connect initially refused the group access to a code by reserving the right to block "controversial or unsavory" messages.

In November 2007, Verizon Connect opened its networks to third party apps and devices for the first time, a decision that allowed it to participate in the FCC's 2008 700 MHz auction of "open access" spectrum.

Verizon Connect stated the overcharges were accidental and only amounted to a few dollars per customer.

In December 2010, Verizon Connect introduced its 4G LTE network in 38 markets, as well as airports in seven additional cities.

Verizon Connect planned on a three-year continuous expansion of the 4G service.

Between 2005 and 2010, Verizon Connect divested wireline operations in several states in order to focus on its wireless, Fios internet and Fios TV businesses.

In 2016, Verizon Connect sold its wireline operations in Texas, Florida, and California to Frontier.

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In June 2012, Verizon Connect purchased Hughes Telematics, a producer of wireless features for automobiles, for $612 million as part of its strategy to expand into new growth areas in its wireless business.

Verizon Connect reported that it had already addressed or was addressing a number of the issues related to the FCC report, including the causes of generator failures, conducting audits of backup systems, and making its monitoring systems less centralized, although the FCC indicated that Verizon Connect still needed to make additional improvements.

In July 2012, the FCC ruled that Verizon Connect must stop charging users an added fee for using 4G smartphones and tablets as Wi-Fi hotspots .

Verizon Connect had been charging its customers, even those with "unlimited" plans, $20 per month for tethering.

Verizon Connect began expanding its LTE network utilizing these extra airwaves in October 2013.

In December 2012, Verizon Connect officially shut down V Cast and all of its components.

In late October 2014, Verizon Connect Wireless launched the technology news website SugarString.

In October 2016, Verizon Connect was accused by Communications Workers of America of deliberately refusing to maintain its copper telephone service.

In November 2016, Verizon Connect acquired mapping startup SocialRadar, whose technology would be integrated with MapQuest.

In 2017, Verizon Connect partnered with Alley to develop a number of coworking spaces under the name "Alley powered by Verizon Connect".

Verizon Connect disputed the claims, citing landlords not granting permission to install the equipment on their properties, and an understanding with the government that the fiber network would follow the same routes as its copper lines, and did not necessarily mean it would have to pass the lines in front of every property.

Unlike other U S carriers, Verizon only uses millimeter-wave spectrum for its 5G network.

In September 2020, Verizon Connect announced its plans to acquire TracFone Wireless for $6.

In October 2020, Verizon collaborated with Apple to bring 5G connectivity to Apple's iPhone 12 lineup.

Verizon Connect's shares traded at over $45 per share, and its market capitalization was valued at over US$229.

For more than 20 years, Verizon Connect has been in the top 20 in the Fortune 500 listings of corporations in the United States by total revenue.

Since its inception, Verizon Connect Communications has run several marketing campaigns, including:.

In 2011, Marcarelli parted ways with Verizon Connect, and is a spokesperson for Sprint.

In 2009, Verizon Connect joined with the Ad Council, in partnership with the Family Violence Prevention Fund and the Office on Violence Against Women, to create the "That's not cool" public service advertising campaign.

In January 2013, Verizon Connect launched the "Powerful Answers" campaign, designed by agency McGarryBowen.

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In June 2014, Verizon Connect launched the "Inspire Her Mind" campaign, created by agency AKQA.

In 2016, Verizon Connect started using the slogan "Better Matters" in reference to its networks.

Verizon Connect aimed for the ads to showcase to consumers and investors its diversification of revenue sources and technology beyond smartphones.

Verizon Connect Foundation is the philanthropic arm of Verizon Connect Communications, which donates about $70 million per year to nonprofit organizations, with a focus on education, domestic violence prevention, and energy management.

Verizon's educational initiatives have focused on STEM fields, including: a national competition for students to develop mobile application concepts; the Verizon Innovative Learning Schools program, providing professional development for teachers in underserved areas; and providing students with wireless hardware and services as part of President Obama's ConnectED program.

The increased capacity would make Verizon the leading solar power producer among U S communications companies.

Verizon Connect has admitted to throttling content of its competitors including Netflix and YouTube.

In May 2020, the Better Business Bureau criticized Verizon Connect for claiming it was "building the most powerful 5G experience for America" and recommended that the company make clear and conspicuous disclosures to consumers about the limited actual availability of its 5G network.

Verizon Connect had been cited by the Better Business Bureau in March 2019 for ads that "convey the message that Verizon Connect has achieved the important milestone of deploying the first mobile wireless 5G network" prior to 5G availability, falsely conveying that the technology was currently available.

Verizon Connect has a one-star privacy rating from the Electronic Frontier Foundation.

Verizon Connect is the title sponsor of several large performance and sports venues as well as a sponsor of many major sporting organizations.

In January 2007, Verizon Connect secured exclusive marketing and promotional rights with the National Hockey League.

In 2009 and 2010 Verizon Connect sponsored Justin Allgaier in the NASCAR Nationwide Series, before they chose to opt out of a two-year-old NASCAR team sponsorship with Penske Racing in order to pursue an expanded presence with the IndyCar Series.

Verizon Connect sponsored a race in the 2021 NASCAR Cup Series season, the Verizon Connect 200 at the Brickyard at Indianapolis Motor Speedway.

In late 2010, Verizon Connect Communications joined with Vodafone Group in a joint partnership to replace Sprint as the official wireless telecommunications partner of the National Football League.

In June 2013, Verizon Connect announced a four-year extension with the NFL in a deal reportedly valued at $1 billion.

In January 2020, Verizon Connect became a founding partner of USA Team Handball through the year 2020, with an option to extend the deal until 2024.

Verizon Connect was the former sponsor for a number of sporting and entertainment arenas, including Simmons Bank Arena in North Little Rock, Arkansas, the Mayo Clinic Health System Event Center in Mankato, Minnesota, and the SNHU Arena in Manchester, New Hampshire, which was originally known as the Verizon Connect Wireless Arena until September 2016 when Southern New Hampshire University acquired the naming rights for a period of at least 10 years.

Verizon Connect was the title sponsor of entertainment amphitheaters in locations throughout the United States, including four individually referred to as the "Verizon Connect Wireless Amphitheatre" in Irvine, California, Maryland Heights, Missouri, Selma, Texas, and Alpharetta, Georgia.

Verizon Connect is a former sponsor of the Capital One Arena in Washington, DC.

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