ough the use of certain laptop computers and netbooks with embedded 4G LTE and 3G EV-DO Mobile Broadband modules. The company purchases a substantial majority of its wireless devices and accessories from Apple, Motorola Mobility, Samsung, LG Electronics, BlackBerry and HTC. The LTE chipsets used in the company’s 4G LTE-enabled devices are manufactured by various companies, each using its own 4G LTE chipset technology. To support CDMA-1XRTT and EV-DO technologies (with and without 4G LTE), most of its wireless device suppliers currently rely on Qualcomm Incorporated for the manufacture and supply of chipsets. Technology The company’s primary network technology platforms are 4G LTE and 3G Code Division Multiple Access (CDMA). 4G LTE provides higher data throughput performance for data services at a lower cost compared to that offered by 3G technologies. In 2014, the company launched its mobile Voice over Internet Protocol (VoIP) service known as Voice over LTE (VoLTE). Advanced Calling 1.0, a first generation suite of services enabled by VoLTE, is being used, in addition to CDMA technology, to provide voice calling services to its customers. Spectrum The spectrum licenses the company holds can be used for mobile wireless voice and data communications services. The company has licenses to provide these wireless services on portions of the 800 MHz band, also known as cellular spectrum, the 1800-1900 MHz band, also known as Personal Communication Services spectrum, portions of the 700 MHz upper C band and AWS spectrum in the 1700 and 2100 MHz bands, in areas that, collectively, cover nearly all of the population of the U.S. Network Equipment and Build-out Alcatel-Lucent and Ericsson are the company’s primary network vendors for its LTE network deployments for macro sites, as well as small cells. The company’s primary CDMA cell site equipment infrastructure vendors are Alcatel-Lucent, which provides approximately half of its CDMA cell site equipment, and Nokia Solutions and Networks (NSN) and Ericsson, which together provide nearly all of its remaining cell site equipment. The company also relies on Alcatel-Lucent, NSN and Ericsson for its switching equipment. During March 2015, the company completed a transaction with American Tower pursuant to which American Tower acquired the exclusive rights to lease and operate approximately 11,300 of its wireless towers. Under the terms of the lease agreements, American Tower has exclusive rights to lease and operate towers over an average term of approximately 28 years. Competition The company competes against other national wireless service providers, including AT&T Inc.; Sprint Corporation; and T-Mobile USA, Inc., as well as various regional wireless service providers. Wireline segment This segment provides voice, data and video communications products and enhanced services, including broadband video and data, corporate networking solutions, data center and cloud services, security and managed network services and local and long distance voice services. The company provides these products and services to consumers in the U.S., as well as to carriers, businesses and government customers both in the U.S. and around the world. Wireline Service and Product Offerings The company organizes its service and product offerings by the primary customers targeted by these offerings – mass markets, global enterprise and global wholesale. Mass Markets Mass Markets operations provide broadband Internet and video services (including high-speed Internet, Fios Internet and Fios video services), and local exchange (basic service and end-user access) and long distance (including regional toll) voice services to residential and small business subscribers. Internet services: The company offers Fios Internet and high-speed Internet services with varying throughput speeds. With its Fios Quantum broadband service and certain other data services, its customers can achieve symmetrical upload and download speeds of up to 500 Mbps. Video services: The company offers video service over its fiber-optic network. As of December 31, 2015, Fios video was available
verizon communications inc (VZ:New York)
1095 Avenue of the Americas
New York, NY 10036
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for VZ.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact VERIZON COMMUNICATIONS INC, please visit www.verizon.com. Company data is provided by Capital IQ. Please use this form to report any data issues.