Verizon

Verizon is an American telecommunications company. They provide wireless telephone services and broadband Internet across the United States. First quarter 2009 net profits for Verizon posted higher than expected, because of strength in wireless. However, landlines continue to experience revenue declines from business and consumer users.http://online.wsj.com/article/BT-CO-20090427-710796.html Prices will start at $199 (for the 16GB phone) and $299 (32GB).http://technolog.msnbc.msn.com/_news/2011/01/12/5823183-rabid-iphone-fans-slam-verizon-website Verizon committed to installing LTE (Long Term Evolution) data networks in two U.S. cities by the end of 2009. This will enable mobile phones to cope with the future evolution of technology.http://arstechnica.com/telecom/news/2009/02/needsedit-verizon-pledges-two-cities-with-lte-in-2009.ars

On March 29, 2010 the Wall Street Journal speculated that Verizon had agreed to a deal in the US which breaks the exclusive deal AT&T had previously with Apple for the sale of the iPhone. In January 2011, Verizon announced that the iPhone would be available on their network.http://technolog.msnbc.msn.com/_news/2011/01/12/5823183-rabid-iphone-fans-slam-verizon-website Pre-orders for the phone will start on February 3, 2011 and the phone will be available at Verizon and Apple stores starting February 10.http://technolog.msnbc.msn.com/_news/2011/01/12/5823183-rabid-iphone-fans-slam-verizon-website

Verizon was formed in 2000 with the merger of of Bell Atlantic Corp. and GTE Corp.http://investor.verizon.com/profile/history/index.aspx/function.fopen This merger was one of the largest in the industry, many years in the making, and partially driven by the 1996 Telecommunications Act .http://investor.verizon.com/profile/history/index.aspx/function.fopen The former Bell Atlantic CEO, Ivan Seidenberg, became Verizon's first CEO and has stayed with the company since.http://investor.verizon.com/profile/history/index.aspx/function.fopen

In 2006, the company acquired MCI and then in 2009 the company acquired Alltel Corp.http://investor.verizon.com/profile/history/index.aspx/index.aspx?tabId=1 Between 2007 and 2009, Verizon dedicated $50 billion to infrastructure expansion and then in 2008, expanded into rural territories by purchasing Rural Cellular Corp. for $2.66 billion.http://investor.verizon.com/profile/history/index.aspx/index.aspx?tabId=1

• April 4, 2000: Verizon Wireless launcheshttp://investor.verizon.com/profile/history/index.aspx/function.fopen
• July 3, 2000: Starts trading on the NYSE as VZhttp://investor.verizon.com/profile/history/index.aspx/function.fopen
• 2006: Acquires MCIhttp://investor.verizon.com/profile/history/index.aspx/index.aspx?tabId=1
• 2009: Acquires Alltel Corp.http://investor.verizon.com/profile/history/index.aspx/index.aspx?tabId=1
• 2011:Verizon starts carrying the iPhonehttp://technolog.msnbc.msn.com/_news/2011/01/12/5823183-rabid-iphone-fans-slam-verizon-website

• AT&T Inc.http://www.hoovers.com/company/Verizon_Communications_Inc/rfrski-1-1njg6y.html

• Qwest Communications International Inc.http://www.hoovers.com/company/Verizon_Communications_Inc/rfrski-1-1njg6y.html

• Sprint Nextel Corporationhttp://www.hoovers.com/company/Verizon_Communications_Inc/rfrski-1-1njg6y.html

• Broadband internet servicehttp://www22.verizon.com/content/verizonglobalhome/ghp_landing.aspx

• Wireless service, devices, and accessorieshttp://www22.verizon.com/content/verizonglobalhome/ghp_landing.aspx

• Land line phone servicehttp://www22.verizon.com/content/verizonglobalhome/ghp_landing.aspx

• TV servicehttp://www22.verizon.com/content/verizonglobalhome/ghp_landing.aspx