Wednesday, June 12, 2019
Final Essay Example | Topics and Well Written Essays - 500 words - 1
Final - Essay Example(Plunkett 67).On Feb 2005, Verizon approved to acquire MCI Company. The acquisition was to benefit it in terms of economics of scale and access to a wider base of customers. By the year 2006, MCI was already integrated into Verizon thus adopting the name verizon business. It then became the largest telecommunication confederacy in the U.S In terms of its sales i.e. 75.11 billion assets added up to 168.13 US dollars and the company had a profit of 9.4 billion US dollars. Later with the mergers of Bell reciprocal ohm and AT and TINC, It became the largest telecommunications company based on its profits and assets in the world. (Plunkett 68)The company principality operates in the US with its headquarters in New York. It offers wireless and wireline serve such as voice, network access, information services, broadband video and global internet protocol networks. Verizon communications Inc operates in more than 150 nations worldwide. Verizon voice message service s is offered for both businesses and residences. Verizons Cell co partnership operates the second largest wireless telecomm network in the US In terms of the number of subscribers and revenue. It is likewise one of the major US carriers to utilize the CDMA technology and uses 8 billion US dollar annually in its maintenance and expansion. It offers both voice and 3G data services for example, text and picture messaging, over the air downloadable applications and wireless broadband based on EV-DO Rev A. It also carries various mobile services and phones eg LG, Motorola and Samsung. (Lutz 138)Verizons video services was launched in September , 2005 and uses optical fibre network to distribute more than 330 channels, 180 digital videos and music channels and 1800 video on demand titles. DSL internet services are offered to the same areas where phone services are provided. It is known to have the largest number of spammers of all networks globally. Verizons
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