Verizon Communications (NYSE: VZ, NASDAQ: VZ), branded as Verizon (pronounced // və-RY-zən), is an American broadband and telecommunications company and a corporate component of the Dow Jones Industrial Average. It started in 1983 as Bell Atlantic (based in Philadelphia) with a footprint covering New Jersey to Virginia and emerged as part of the 1984 breakup of AT&T into seven "Baby Bells." In 1997, Bell Atlantic merged with another Regional Bell Operating Company, NYNEX, based in New York City with a footprint spanning from New York to Maine. The combined company kept the Bell Atlantic name. In 2000, Bell Atlantic merged with former independent phone company GTE, and adopted the name "Verizon", a portmanteau of veritas (Latin for "truth") and horizon. The company's headquarters are located in the Verizon Building at 140 West Street in Lower Manhattan, New York City.
Electronics engineering, or electronic engineering, is an engineering discipline where non-linear and active electrical components such as electron tubes, and semiconductor devices, especially transistors, diodes and integrated circuits, are utilized to design electronic circuits, devices and systems, typically also including passive electrical components and based on printed circuit boards. The term denotes a broad engineering field that covers important subfields such as analog electronics, digital electronics, consumer electronics, embedded systems and power electronics. Electronics engineering deals with implementation of applications, principles and algorithms developed within many related fields, for example solid-state physics, radio engineering, telecommunications, control systems, signal processing, systems engineering, computer engineering, instrumentation engineering, electric power control, robotics, and many others.]verification needed[
The Institute of Electrical and Electronics Engineers (IEEE) is one of the most important and influential organizations for electronics engineers.
Cellco Partnership, doing business as Verizon Wireless, is the largest mobile network operator in the United States, providing wireless services to 118.194 million subscribers as of Q2 2013. Headquartered in Basking Ridge, New Jersey, the company was formed as a joint venture of American telecommunications firm Bell Atlantic (renamed Verizon Communications) and global British telecommunications company Vodafone. Verizon Communications holds 55 percent ownership and Vodafone holds the remaining 45 percent of the joint venture. On September 2, 2013, Verizon Communications announced that it had agreed to buy Vodafone's stake for $130 billion in a deal expected to close by the first quarter of 2014. With this deal the company becomes a division of Verizon Communications.
Owned by Qwest Communications, Qwest Wireless LLC was a cellular phone service offered in the United States. Qwest Wireless was a Mobile Virtual Network Operator (MVNO) that operated on Verizon Wireless's CDMA network. While Qwest originally owned its own wireless network, it discontinued that network in 2004 as part of the move to become an MVNO. The network elements were sold to other carriers after shutdown. Qwest was the only Baby Bell that offered its wireless service as an MVNO; Since the wireless company used Sprint's network, most of their phones were Sprint phones with the Qwest name on them. Their phones included models from Sanyo, Samsung, Nokia, UT Starcom (formerly Audiovox), HTC, and Motorola. Qwest Wireless ended the year 2007 with 824,000 wireless subscribers.
A Mobile Virtual Network Operator (MVNO) (or mobile other licensed operator (MOLO) in the United Kingdom) is a wireless communications services provider that does not own the wireless network infrastructure over which the MVNO provides services to its customers. An MVNO enters into a business agreement with a mobile network operator to obtain bulk access to network services at wholesale rates, then sets retail prices independently. An MVNO may use its own customer service and billing support systems, marketing and sales personnel or it may employ the services of a Mobile Virtual Network Enabler (MVNE).
Countries such as the United Kingdom, Scandinavian countries, and Spain are leading this business model in Europe.
TracFone Wireless, Inc. is a prepaid wireless service provider in the United States, Puerto Rico and the US Virgin Islands. TracFone Wireless offers its wireless products and services under various brands that include TracFone, NET10 Wireless, Straight Talk, SafeLink Wireless, Telcel América, and Simple Mobile. TracFone Wireless is subsidiary of Mexico's largest telecommunications company América Móvil and operates as a Mobile Virtual Network Operator (MVNO) having multiple agreements to provide service utilizing the networks of the United States largest wireless carriers including AT&T Mobility, Sprint Corporation, T-Mobile US, and Verizon Wireless.
TracFone was established in 1996 as Topp Telecom Inc., a prepaid mobile phone company, in Miami, Florida. In February 1999, Topp received a major infusion of capital from Teléfonos de México (NYSE: TMX), a.k.a. TelMex, Mexico's largest telephone company. TelMex paid $57.5 million for a 55 percent controlling interest in the company.