Verizon Corporation

Paper Summary:

In this article, the writer notes that the Verizon Corporation was formed in 2000 when Bell Atlantic bought GTE. The writer points out that since that time, Verizon has become the top US telecommunications services provider for two years running. This analysis looks at the specific technology that Verizon has implemented which is reflected in its revenue and client growth. The writer claims that in the future, Verizon wireless will continue to enjoy its competitive advantage in the wireless sector. The writer concludes that despite the current status of AT&T mobility as the top mobile carrier, Verizon should eclipse them because of their stronger network and superior communication technology.

From the Paper:

"The Fios fiber network has already been integrated in the vast majority of Verizon's network, however it has seen its cost per household soar substantially due to the fact that Fios connections needs to be made to each house individually. Here again, Verizon proved its technology innovation. In 2006, Verizon implemented new technology via the MoCA. MoCA will allow Verizon to reduce the cost of Fios installation by using existing cabling via coaxial cable to connect home computers to its broadband network. Previous to these efforts, Verizon spent about 1200 dollars per home to connect customers to their fiber network as well as an additional 1400 dollars per home Verizon had to spend to stall the fiber network to telephone poles around neighborhoods. As a result of their technology advantage in leverage coaxial connections, Verizon has been able to slash the costs of installing Fios substantially. The cost for installation per home has decreased to 715 per home, and the cost for laying new fiber in neighborhoods to 890 per home. The innovation within their telecommunications division reflects two levels of innovation that is emblematic of Verizon's overall strategy."

Sample of Sources Used:

• Verizon Communications. 20 Oct. 2006 http://ptg.djnr.com/ccroot/asp/cqu/cqu_results.asp
• Verizon Communications Inc. 14 Oct. 2006 http://www.hoovers.com/co/news
• Verizon Wireless Reports Solid Third Quarter Customer Growth. 4 Oct. 2006. 10 Oct. 2006. http://investor.verizon.com/news/VZ/
• "Verizon Wireless Announces Roll Out of National 3G Network." VZN News. 27 Mar. 2007 <http://news.vzw.com/lead_story/pr2004-01-08.html>.

More papers on Verizon Corporation:

• Case Study # 107204 : "Problem Solution: Global Communications"
• Analytical Essay # 148886 : "Wireless Services in the Chicago Area"
• Persuasive Essay # 109146 : "Save the Internet!"

APA Citation:

MLA Citation: