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Learn more about how many XO Communications services will move to Verizon.
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About
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Verizon Business is a subsidiary of Verizon Communications Inc. It serves a wide range of customers, including businesses, government agencies, and consumers. The company has a rich history that dates back to the founding of Bell Atlantic Corporation in 1983.
Through a series of mergers and acquisitions, Bell Atlantic Corporation became Verizon Communications Inc. Verizon Business was established as a separate unit within Verizon Communications to focus specifically on serving the needs of businesses and government agencies. Verizon Business has its headquarters in Basking Ridge, New Jersey.
This state-of-the-art facility houses numerous employees who support the company's operations and ensure the delivery of its products and services. Verizon Business offers a comprehensive portfolio of products and services, including wireless connectivity, high-speed internet, advanced networking solutions, cloud computing, cybersecurity, communications and collaboration tools, managed services, and Internet of Things (IoT) solutions. These offerings enable businesses to stay connected, increase productivity, and innovate in the digital age.
On a global scale, Verizon Business operates in more than 150 countries and serves customers worldwide. It has several noteworthy subsidiaries, joint ventures, and partnerships. These include Verizon Wireless, a joint venture with Vodafone, and Verizon Media, which encompasses brands such as Yahoo, AOL, and TechCrunch.
In terms of market position, Verizon Business ranks among the largest telecommunications companies globally. It consistently achieves strong global sales, driven by its robust product portfolio and reputation for reliability and innovation. Verizon Business faces competition from other major telecommunications companies, such as AT&T, T-Mobile, and BT Group.
Over the years, Verizon Business has achieved numerous milestones and made significant contributions to the industry. The company has actively pursued strategic partnerships and acquisitions to strengthen its market position. For example, in 2020, Verizon acquired BlueJeans Network to enhance its video conferencing capabilities.
Currently, Verizon Business continues to innovate and adapt to emerging technologies and customer needs. It is focused on expanding its 5G network and leveraging new technologies, such as edge computing and artificial intelligence, to deliver cutting-edge solutions. The company remains at the forefront of the telecommunications industry and is committed to providing exceptional services to businesses and government agencies worldwide
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