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Verizon - The history
Verizon is one of the largest mobile operators in the United States. It uses CDMA and EV-DO networks. In 2017, it offers 4G LTE access with coverage of 98% of the population and is building a 5G network. Verizon Wireless was formed as a joint venture between Verizon Communications and Vodafone, in 2014.
In 2015, Verizon expanded into content ownership with the acquisition of AOL and two years later acquired Yahoo. AOL and Yahoo were combined into a new division called Oath Inc, now known as Verizon Media. As of 2016, Verizon is one of three remaining companies that have roots in the former Baby Bells.
The other two, like Verizon, exist as a result of mergers between other former Baby Bell members. SBC Communications bought Bells former parent AT&T Corporation and took the AT&T name, and CenturyLink acquired Qwest (formerly US West) in 2011 and then became Lumen Technologies in 2020. Verizon's mobile network is the second-largest wireless carrier in the United States, with 120.9 million subscribers at the end of Q4 2020. It remains one of the most popular networks in the United States.
