April 19, 2014 11:40 PM ET

Wireless Telecommunication Services

Company Overview of Verizon Wireless Inc

Company Overview

Cellco Partnership, doing business as Verizon Wireless, provides wireless communication services across wireless networks in the United States. It operates third generation (3G) wireless broadband networks; and fourth generation long-term evolution technology (4G LTE) networks. The company also provides postpaid and prepaid voice services; and sells cell phones, smart phones, tablets, mobile hotspots, USB modems, voice and data plans, and accessories. In addition, it provides solutions and services to small and medium business, and governments. The company serves approximately 102.8 million retail connections and operates approximately 1,700 retail stores in the United States, as well as off...

One Verizon Way

Basking Ridge, NJ 07920

United States

Founded in 1994

Phone:

908-306-7000

Key Executives for Verizon Wireless Inc

Chief Executive Officer
Age: 59
Chief Financial Officer and Vice President
Chief Operating Officer and Executive Vice President
Age: 45
Chairman of The Board and Chief Executive Officer Verizon Communications Inc
Age: 58
President of Verizon Enterprise Solutions
Age: 51
Compensation as of Fiscal Year 2013.

Verizon Wireless Inc Key Developments

LG and Verizon Wireless Introduce Secure and Smart Lucid 3 Smartphone

LG Electronics announced the new Lucid 3 by LG smartphone will be available online and in Verizon Wireless stores starting for free after a $50 mail-in rebate debit card and new, two-year activation. For a limited time, Verizon Edge customers who trade in their basic phone to purchase a Lucid 3 can get an additional $50 bonus added to the phone's trade-in value. The Lucid 3 is one of the first smartphones in the United States to offer LG's Knock Code, a new and more private way for users to wake and unlock their LG smartphones by using a personalized pattern of knocks or taps anywhere within four quadrants of the display. The LG Knock Code feature isn't as susceptible to biometric signatures like fingerprint scanners, and with more than 80,000 possible pattern combinations Lucid 3 users can feel confident about restricting phone access. The Lucid 3 by LG comes with Android 4.4 KitKat and a variety of smart, new software features meant to enhance and enrich the user experience, including: EasyHome: Users can access their favorite features, such as camera, contacts, dial pad, voicemail, weather and more by simply pushing the button located below the screen. Smart LED: Receive and be alerted to important notifications with color-coded LED alerts. Knock Code: More than 80,000 possible combinations for increased security and convenience. The compact, sleek design of the Lucid 3 by LG is specially crafted for mobile comfort, making it easy to operate with one hand. With KnockON, users can wake Lucid 3 by LG using just a fingertip, tapping twice on the display to turn it on or off. The ultra slim bezel allows for more real estate on the vivid 4.7-inch qHD IPS display, accurately showing off true-to-life colors and hues bringing photos and videos to life. The expansive screen also provides users with enough space to manage emails and a task list at the same time. And for those who appreciate multitasking, LG's QSlide Function allows up to two windows -- with adjustable sizing and transparency -- to be overlaid on the primary screen so doing three things at once becomes a cinch.

Verizon Wireless Enhances Network Coverage in Alton Bay, New Hampshire

Verizon Wireless enhanced fourth generation (4G) Long Term Evolution (LTE) network coverage in Alton Bay, New Hampshire. 4G LTE empowers Verizon Wireless customers with compatible devices to surf the Web, post status updates and photos, and download files wirelessly at speeds up to 10 times faster than customers on 3G networks. The growth of the 4G LTE network has fostered development of new and innovative solutions as diverse as LTE-connected cars and remote medical diagnostic options. Another solution available is the Verizon 4G LTE Router, which can support wired and Wi-Fi-enabled devices simultaneously, allowing users to take it on vacation or business travel to stay connected.

HARMAN International Industries, Incorporated Announces Availability of JBL Portable Audio Product Lineup Through Verizon Wireless Stores Nationwide

HARMAN International Industries, Incorporated announced that products from its JBL portable audio product lineup will now be available for sale through all Verizon Wireless stores nationwide. The JBL Pulse portable speaker is just one of the JBL audio accessories now available at Verizon Wireless stores nationwide. With long-lasting battery life, JBL portable wireless speakers are the best way to enjoy your music away from home. And since each JBL portable wireless speaker features Bluetooth connectivity, they make the perfect audio companion to a variety of Verizon's selection of wireless devices. Verizon Wireless will now assort the top wireless products from JBL, including: JBL Flip 2 portable speaker, providing room-filling sound from a compact cylindrical enclosure small enough and lightweight to carry in your hand; JBL Charge portable player/charger combo, delivering unsurpassed portable audio while providing more than 12 hours of playback time. It can also charge your other mobile devices on the go via its built-in USB port; JBL Pulse wireless speaker featuring high-fidelity, room filling JBL sound pulsed to a series of pre-programmed light themes controlling brightness and color.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 16, 2014
Mobi PCS, Inc., Statewide Spectrum
Merger/Acquisition
April 7, 2014
Cincinnati Bell Wireless LLC, Wireless Spectrum Licenses And Related Assets
Merger/Acquisition
January 6, 2014
Spectrum in Lower 700 MHz A Band
 

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