▶ Veritas_©™
- $1,400,000,000 Terremark by Verizon Enterprise Solutions (InfoTech.srvc & company)
- Ivan Seidenberg retires in 2011 (Replaced by Lowell McAdam)
- Non-Partisan Campaigners
- Verizon tax avoidance expenditures for $52,340,000 lobbying while collecting $951,000,000 tax rebates
- profit of $32,500,000,000
- increase exec pay by %167
- lay off 21,308 employees
- file 10-k form with SEC in 2012
- $11,100,000,000 in taxes
- app features for cars
- acquired for $612,000,000 in 2012
- wireless business fails in derecho storm
- FCC leads investigation
- FCC ruling to stop charging users added fees for tethering
- $1,250,000 to US Treasury
- Comcast, Time Warner
- $3,900,000,000
- Usage of extra airwaves
"News organization reported an order by The FBI that it had approved requirements for Verizon to provide The NSA with telephone metadata records for all the calls originating in the US...Verizon was not apart of the Data Collection Team by The NSA for wireless accounts due to foreign ownership issues..."
%45 stake for $130,000,000,000
Third largest corporate deal ever signed as of February 21, 2014 WELCOME TO WIRELESS COMMUNICATIONS. BROUGHT TO YOU BY VERITAS HORIZONS INC.
On January 14, 2014, Washington struck down the FCC's Net Neutrality rules after Verizon filed suit against them in January 2010. In June 2016, in a 184-page ruling, Washington upheld, by a 2–1 vote, the FCC's net neutrality rules and the FCC's determination that broadband access is a privilege rather than a luxury. AT&T and the telecom industry said they would seek to appeal the decision...
- thousands of letters sent
- NATSEC subscribers in total: 321,545
- May 2015, VRZN: $90,000,000 settlement
- October 2014
- Net Neutrality Censorship
- Domestic Surveillance
- Soon shutdown
- August 2015
- New feature service and device for vehicle diagnostics and monitoring
- August 2016
- $2,400,000,000
- build enterprise products for logistics and mobile apps
- LED sensors
- Technological integration with SocialRadar & MapQuest
How dare you not repair our copper landlines?
- docs were released by the press
- Verizon employees in PA were instructed to migrate to voice-only customers via Voice-Link instead of sending contractors to repair. (inb4 VoiceLink is garbage software...) 1.) Transmission of data over a telephone line 2.) Dependencies on battery backups when power fails 3.) Technicians who did not follow policy would be terminated.
"the company's top priority was to restore service to customers as quickly as possible, and that VoiceLink was a means of doing so in the event that larger repairs had to be done to the infrastructure...it is hard to argue with disciplining someone who intentionally leaves a customer without service" -Verizon Spokesperson
- January 2017 (buyout)
- Rejected end of May 2017
"the offer was just too low...our largest shareholder was just not ready to sell..."
- February 2017
- $1,800,000,000
- XO communications and Corning Inc.
- April 2017 - millions of miles worth of optical fiber lines per year valid through 2018 - 2020
- WideOpenWest - assets worth $225,000,000
- Lawsuit filed in violation of cable franchise agreement terms which required Provider to pass Fiber-Optic test to network for all households. Verizon disputed:
"Landlords do not grant permission to install equipment on their properties. It was to our understanding that the NYC government that the fiber network would allow the same routes as the copper lines do...and does not necessarily mean I would have to pass the lines in front of every property..."
- Merged Telematics, Fleetmatics, and Telogis
- Announcement: 10,400 managers leave the company
- %7 workforce cut
- Announcement: $4,600,000,000 write-offs
"Our media division team increased it's competitive and market pressures throughout this year and has resulted in lower-than-expected revenues and earnings..."
1.) Hans Vestberg succeeds Lowell McAdam as CEO - August 1, 2018 2.) Vestbergs strategy "Buy up airwaves" 3.) Early 2019 - New Verizon divisions "Consumer, Business and Media." 4.) Offer anti-spam payment plans and robocall features 5.) Roll out 5G payment plans - April 2019 by EoY to 30 major cities
On January 14, 2020 - announced the launch of its privacy-focused One_Search. On May 2020, IoT portfolio expansion: Unified BlueJeans (Video Conferencing service) and acquired for $500,000,000. On September 2020 - announced acquisition of TracFone Wireless (Mexican telecomm)
- approved by The FCC November 22, 2021. Closed for $6,250,000,000
Verizon more than doubled its existing mid-band spectrum holdings in early 2021 by adding an average of 161 MHz of C-Band nationwide, purchased for $52.9 billion at an FCC C-Band auction. The company won between 140 and 200 MHz of C-Band spectrum in every available market.[134] -wiki
New Division - Oath (From merged AOL & Yahoo!) no stakes
$4,480,000,000 acquisition closed. Release of streaming services in 2017 under Oath content-based platform.
Lastly and finally, Verizon sells it's media group for $5,000,000,000 in 2021 to Apollo Global Management with a %10 stake in Oath under division...
