A Brief Introduction to Verizon's History
"We never stop working for you" is the slogan displayed by one of America's largest broadband and telecommunications provider that continues to amaze not only Americans, but the entire world due to its innovations and sustained efforts aimed at transforming communication into a "piece of cake" that anyone can chew. Based in New York and incorporated in Delaware, the company made its entrance on the telecommunications market on June 3, 2000, as a result of a merger between two U.S. based corporations - Bell Atlantic and GTE. But as any valuable child that is brought into the economic world belongs to parents having at least the same potential, it should be said that the mergerers mentioned above had been prominent figures of the American business landscape before the alliance took place. GTE was one of the world's largest telecommunication companies boasting revenues of more than 25 billion dollars, in 1999, and approximately 35 million access lines served through subsidiaries in the U.S., Canada, Dominican Republic and affiliates in Canada, Puerto Rico, Venezuela. Bell Atlantic was even larger, serving 43 million access lines and earning total revenues of 53 billion dollars. Consequently, Verizon couldn't have been doomed to failu
Other measures subscribed to the same goal are the placement of containers in each retail store that sells batteries and the recovery of used PCs which, after being improved, end up in a different section or department (http://multimedia. In conclusion, one may assert that the company takes its consumers through a ritual which doesn't leave aside the slightest need these may confront during a purchase process. Other items refer to: phone services including freedom calling packages, local calling plans, long distance and international calling; entertainment through TV services and games on demand; Verizon Wireless -"the most reliable wireless network in America" and Bundles. business sector and the first rank in the telecommunications field with total revenues of 75,111. As a matter of fact, this was a natural result of the company's significant investments (more than 72 billion dollars in its first five years), partially explainable through a consistent cash-flow that reached 22 billion dollars, in 2005. Verizon Online DSL incorporates three packages. Verizon is also remarkable for its customer assistance policy which provides email, phone or online help, the possibility of viewing and paying bills or checking order status anytime. These are clearly explained and consist of checking availability, selecting a package and placing an online order and, finally, installing DSL with the help of a special kit. The quintet comprises: Internet, Entertainment, Phone, Verizon Wireless and Bundles. Verizon collaborates with the Presbyterian Hospital of New York for the Mobile Medical Monitor, a device that allows physicians to permanently keep under surveillance the health of their patients. Undoubtedly, there are lots of factors (distance from the central office, computer configuration, network congestion, condition of telephone wiring) which can alter the high speed connection promised by the company, but, however, after an overview of the advertised characteristics, consumers still agree to the funny statement posted on Verizon's website:"With DSL, you're ready to go. DSL and FiOS are only two of the results that this "pro-horizon" managerial perspective produced. On January 6, 2006, Verizon closed the process of acquiring MCI, Inc.
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