Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware.
The company milestones:
– In 1877 – The Bell Telephone Company is formed in Boston by Alexander Graham Bell and his father-in-law. At the time of its founding, there are seven original shareholders and one full-time employee.
– In 1885 – American Telephone and Telegraph Company, otherwise known as AT&T, is officially incorporated as the long lines division of American Bell. Starting in New York, its goal is to build the first long-distance telephone network.
– In 1899 – In corporate restructuring, AT&T becomes the parent company of the Bell System. In the years to come, AT&T will take on the nickname “Ma Bell” as the brand becomes synonymous with its local Bell operating companies.
– In 1996 – BellAtlantic.net allows customers to access “hundreds of interesting and informative Web sites” through their modems. Minimum system requirements include 8MB of memory, 6MB of free hard disk space and a 3.5″ floppy disk drive.
– In 1997 – Building upon their successful wireless partnership, Bell Atlantic and NYNEX agree to merge their remaining operations. The $23 billion deal forms the “new” Bell Atlantic, one of Verizon’s direct predecessors.
– In 1999 – Bell Atlantic is the first of the Baby Bells to win FCC approval to offer long-distance service inside its local region. Customers no longer have to get their local and long-distance service from two different companies.
– In September 2010 – Verizon launches its first mobile tablet, the Samsung Galaxy Tab™. Customers can now take their multimedia experience with them anywhere they go on Verizon’s nationwide network.
– In November 2010 – Verizon launches Flex View streaming, a pioneering streaming service, lets Fios TV customers watch their favorite video programming outside the home – on smartphones, tablets, and laptops – even when there is no internet connection available.
– In December 2010 – The first large-scale 4G LTE network in the US. Verizon Wireless launches the nation’s first wide-area 4G LTE network, setting a new standard for high-speed wireless communication. Initially available in 38 major markets, the 4G LTE network covers more than 110 million people at launch.
– In October 2015 – ThingSpace is Verizon’s Internet of Things (IoT) development platform. ThingSpace helps developers take ideas from prototype to market faster.
– In October 2015 – go90 is a social entertainment platform tailored to the mobile audience. Viewers can stream original shows, live sports, and more, with over 8,000 titles available at launch.
– In December 2015 – Verizon names the winners of its Powerful Answers Award contest – start-up companies with world-changing potential in the fields of emergency response, transportation and healthcare.
– In October 2016 – Verizon is the first to test drones to provide airborne wireless connectivity during an emergency response exercise, proving that 4G LTE coverage can be provided from an aircraft to first-responders.
– In 2017 – Following successful trials earlier in 2017, Verizon announces plans to launch 5G residential services in up to five U.S. cities in 2018, starting with Sacramento, CA.
– In November 2018 – Verizon and its technology partners complete the world’s first 5G data transmission on a smartphone over a commercial 3GPP 5G New Radio (NR) network. Tests include browsing the internet and placing a video call over the 5G connection.
– In 2019 – Verizon’s 5G Ultra Wideband network has the potential to provide other benefits to these stadiums beyond enhancing the NFL fan experience.
– In 2020 – Verizon extends 5G to cover 230 million people. Verizon provides an additional 24 million customers in Central Texas; Tulsa, Oklahoma; Upstate New York; and New England areas access to Verizon’s 5G nationwide network.
– In 2021 – The company exceeds its 2021 year-end target of 14,000 new 5G Ultra Wideband cells sites, providing phone service to parts of 87 U.S. cities, 5G Home to parts of 65 cities and 5G Business Internet to parts of 62 cities.
According to verizon.com; en.wikipedia. Source of photo: internet