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Verizon Wireless
There are many telecommunication companies in the United States of America that are noted for their premier quality services. Verizon Wireless is one of the famous wireless companies that boasts of being the 2nd largest operator of wireless telecom service. Verizon Wireless has scaled up on the popularity charts in US through its efficient wireless telecommunication network. In terms of revenue generation Verizon Wireless is in fact the largest wireless company in US. Verizon Wireless is also noted for being the top revenue earner involved in providing wireless data services across US. It is believed that the telecommunication giant has a subscriber base comprising about 63.7 million subscribers in US. The annual revenue generated by Verizon Wireless as of October 2007 is estimated to be about $ 38 billion.
The headquarters of Verizon Wireless is located in the city of Basking Ridge in New Jersey. Verizon Wireless was formed as result of joint venture between the two telecom majors Vodafone Group based in England and Verizon Communications based in US. Verizon Communications has got shareholdings of about 55 % in Verizon Wireless while the rest 45 % of the shares are owned by Vodafone Group. Verizon Wireless is regarded among the 7 US telecom companies to use the Code Division Multiple Access (CDMA) Technology.
The company is also known for supporting the 3 generations of CDMA such as the likes of IS-95 followed by 1x and EV-DO. The company has also maintained its popularity by supporting the latest of technologies that include Advanced Mobile Phone System (AMPS) network. Verizon Wireless claims to be investing a huge sum of about $ 8 billion every year to maintain as well as expand the CDMA network in US. The company even provides voice services. A wide array of 3G services are also offered by Verizon Wireless. Some of the most popular services offered by the company include picture messaging service, video on demand etc.
The subscribers of 3G data service offered by Verizon Wireless can download as well as see video content with the help of V CAST network. Some other popular services include 'Push to Talk', text messaging and many more. Verizon Wireless is even planning to implement certain technology that would enable all mobile phones with CDMA compatibility to run on the networks operated and maintained by the company. The telecommunication company has even announced that it would venture in the process of transition of their networks to 4G standard long term evolution. 4 G standard LTE is believed to be a variant of Global Systems for Mobile communications (GSM) standard.
In order to cater to the demand of larger mass and to reach out to more number of subscribers a shift in the policy of Verizon Wireless in using the LTE technology from the existing CDMA technology is clearly evident. The company vows to provide much more effective service to the subscribers by regularly upgrading their level of technology. It also hopes that in the future it will be able to get more number of customers.
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