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How They Brought You Verizon Wireless
By: Paul Wise

The one largest provider out of all the biggest American telecommunications companies in the market, as defined by the number of subscribers, Verizon Communications is the result of a $52 billion merger between GTE and then Bell Atlantic in 2000. Verizon provides cellular telephone services under the brand name of Verizon Wireless, with over 87 million subscribers in the country. Due to all the many mergers and acquisitions in its long corporate history, Verizon Wireless has inherited the extensive well-developed telecommunications infrastructure of several companies: NYNEX, AirTouch, PrimeCo, as well as the aforementioned GTE and Bell Atlantic.

It all started between the years 1995 and 1997 when NYNEX and Bell Atlantic increasingly meshed their operations, until forming one company again at last after being broken up, over a decade earlier, by the government as a settlement of the famous Ma Ball anti-trust investigations. Then in the first half of 1999 AirTouch Communications merged with Vodafone Group, while in the second half the company announced a joint-venture with Bell Atlantic, to be called Verizon Wireless. The name "Verizon" was chosen because it combined "veritas," Latin for "truth," with the English word "horizon," the resulting portmanteau suggesting certainty and limitless possibilities. The scheme received regulatory approval within another six months, and Verizon Wireless began formal operations April 4, 2000. It was at the end of June this same year that GTE was acquired, in connection with the merger of Bell Atlantic and GTE, to form Verizon Communications. The new company then began to trade on the New York Stock Exchange under the symbol "VZ" ." This symbol was selected because it is made up of the two letters of the Verizon logo that best portray speed graphically, seeming to echo all the noble ideas behind the portmanteau with their long lightning-like zig-zag in red.

Verizon Wireless is one of two major American carriers to use CDMA technology, supporting 3G CDMA (IS-95, 1x, and EV-DO networks). The company claims to invest $8 billion annually on maintenance and capital expansion of this nationwide network. Both voice and 3G-speed data services such as wireless broadband, text, and picture messaging are available. Other capabilities include over-the-air downloadable applications and content, on-demand video, push-to-talk, and certain location-based services. The company expects to convert their network into one operating on 4G LTE standards, heralding a gradual shift away from CDMA technology so as to offer vastly expanded features. In one way or another, Verizon Wireless claims to cover over 290 million people in the United States.

Article Source: http://www.excitingdestiny.com/articles

Article written by Paul Wise, who has done extensive research on Verizon Wireless Phones. If you need Verizon Wireless Phones, such as Blackberry Cell Phones, visit CellKraze.com.

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