Verizon designs, builds and operates global networks, mobile technologies and information systems enabling seamless connectivity between individuals and businesses, the firm lays a strong emphasis on technological innovations.
The company has an employee base of about 176,320 with operations in 150 countries across the world.
It employs 4G wireless, FiOS internet, cloud, video to telematics and security etc to design its products and services. The firm’s 4G LTE network is the largest in America. Its investments in state-of-the-art wireless, IP and fibre optic networks enable growth for the company. Verizon aims to expand global markets for broadband, video and mobile services to stimulate growth.
Recently, the company signed a deal worth $4.4 billion to buy AOL as a means to increase its video capabilities and advertising platform. Last year, the company also caught attention for laying-off 1000 employees out of a large workforce of more than 170,000.