Full Ownership<\/td> | Verizon Communications<\/td> | 2014-Present<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n <\/p>\n\n\n\n Verizon Wireless is an American telecommunications company that offers various services, including voice, messaging, and data, to millions of customers across the United States. Recently I did some research to find out who exactly owns Verizon Wireless.<\/p>\n\n\n\n The company is owned by<\/strong> Verizon Communications<\/strong>, a major player in the telecommunications industry with a market cap of over $250 billion. <\/p>\n\n\n\nThe wireless subsidiary was created in April 2000 when Bell Atlantic <\/strong>and GTE Corp. formed a joint venture with Vodafone<\/strong>. Verizon Wireless was born on June 30, 2000, through the merger of Bell Atlantic Corp<\/strong>. and GTE Corp<\/strong>. Since then, the company has expanded its services and network coverage. <\/p>\n\n\n\nYears later, in 2014, Verizon Communications became the sole owner of Verizon Wireless <\/strong>by buying Vodafone’s 45-percent stake in the company.<\/p>\n\n\n\nNow, let’s talk about the person leading this massive wireless company.\u00a0Hans Vestberg<\/strong>\u00a0is the current CEO of Verizon Communications<\/strong>. Under his leadership, the company operates a national 4G LTE network covering roughly\u00a099 percent of the U.S. population. Pretty impressive, right?<\/p>\n\n\n\n<\/p>\n\n\n\n |