Verizon

Verizon
NIST Sector	Wireless
GICS Industrial	Technology Hardware & Equipment
Smart Tag(s)
Business type	Public
Year Founded	October 7, 1983
Founder(s)	ATT
City, State	Bedminster NJ
Country	United States
Region Served	Worldwide
Executives	Hans Vestberg Manon Brouillett
Revenue	$133.61 billion€ 117.577 <br />£ 98.871 <br />CA$ 169.685 <br />CNY 845.751 <br />KRW 163.732 <br />
Number of employees	118400
Sponsorship Level	Of Interest

Members

Verizon is an American wireless network operator that previously operated as a separate division of Verizon Communications under the name of 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 is the largest wireless carrier in the United States, with 142.8 million subscribers at the end of Q4 2021.

Activities

		Electric Mobility Lab
		The EMS the Phase 0 Launch for the electric mobility initiative at Marine Corp Air Station Miramar. It included dynamic presentations from key government leaders on changing policies and plans, interactive panels with electric mobility thought leaders, as well as immersive demonstrations and discussions of technologies with industry-leading organizations.
		I3 Consortium Action Cluster
		The I3 project is creating a tool that will allow independent device owners to directly manage how the data streams from their IOT devices are delivered to applications. Opensource Project software includes support for privacy, trust, and incentive management. Requirements and proof-of-concepts complete. Consortium management structure in process. Demonstration systems in process. R1.0 beta software in design.
		Online Power Quality Monitor for Electric Utilities and Municipalities
		Monitor Power Quality parameters such as voltage dips, sags, harmonics, THD, TDD and transients; monetize losses due to power quality; and minimize the troubleshooting time using our Power SCADA tool anywhere in Real Time. Get alarms and reports straight to your device in time.
		Smart Transit Hubs - B Smart
		Pilot a smart street light corridor within a system of transit “super-nodes” developed by transforming current major transit stations into transit hubs (Hubs) defined by: connected, city-wide mobile resources; public wifi last mile, multi-modal transport between and to/from Hubs (car share, bike share, ride share, preferably electric vehicles with EV-charging at Hub) GPS / GIS / location services Bus rapid transit, preferably electric, running non-stop Hub to Hub

		Smart Communities Traffic
		At Verizon, our goal is to help improve the quality of life for people living in cities around the world and increase the ways and efficiency in which cities operate. It’s not just about smart technology, connectivity or applications; it starts with a focus on the people and their basic wants and needs. We partner with each city to design infrastructure, systems and processes that elevate the way they provide services in new and cost-effective ways.

Details

The company is headquartered in Basking Ridge, New Jersey. It was founded in 2000 as a joint venture of American telecommunications firm Bell Atlantic, which would soon become Verizon Communications, and British multinational telecommunications company Vodafone. Verizon Communications became the sole owner in 2014 after buying Vodafone's 45-percent stake in the company.

It operates a national 4G LTE network covering about 99 percent of the U.S. population, which in the second half of 2020 won or tied for top honors in each category of the RootMetrics RootScore Reports. Verizon Wireless offers mobile phone services through a variety of devices. Its LTE in Rural America Program, with 21 rural wireless carriers participating, covers 2.7 million potential users in 169 rural counties. Verizon Wireless announced in 2015 that it was developing a 5G, or fifth-generation, network.