News tagged with verizon wireless

Cellco Partnership, doing business as Verizon Wireless, owns and operates the largest wireless telecommunications network in the United States, based on a total of 87.6 million U.S. subscribers.Verizon Wireless has the largest revenue of all United States wireless companies reporting $43.9 billion in 2007. Headquartered in Basking Ridge, New Jersey, the company is a joint venture of Verizon Communications and Vodafone Group, with 55 and 45 percent ownership respectively. On January 9, 2009, Verizon Wireless acquired Alltel Wireless in a deal valued at $28.1 billion. The acquisition expanded Verizon's wireless network to establish Verizon as the largest United States wireless carrier, based on number of subscribers. Alltel will remain a wholly owned subsidiary until mid 2009.