Company ProfileVerizon Communications Inc. is an innovative wireless communications company that connects people and businesses with the most advanced wireless technology and services available. The company launched the country's first 3G wireless broadband network. It is also the first major wireless service provider in the country to build and operate a 4G LTE network. With 4G LTE, customers can access the Internet and stream media faster than ever and experience their mobile world in real time. As the nation's largest wireless company, Verizon serves 100.1 million retail connections and operates more than 1,900 retail locations across the United States. Globally, the company offers voice and data services in more than 200 destinations. The Company provides these products and services to consumers in the United States, as well as to carriers, businesses and governments in the United States and more than 150 other countries around the world. Founded in 2000 as a joint venture of Verizon Communications Inc. (NYSE, NASDAQ: VZ) and Vodafone (NASDAQ, LSE: VOD), Verizon Wireless is headquartered in Basking Ridge, New Jersey. Verizon Communications Inc. operates in two main segments: Verizon Wireless and Wireline. Verizon Wireless' communications products and services include wireless voice and data services and equipment sales, which are provided to home, business and government customers throughout the United States. Wireline's communications products and services include voice, Internet access, broadband video and data, Internet protocol network services, network access, long distance services and others. Verizon's Verizon Wireless segment consists primarily of Cellco Partnership doing business as Verizon...... middle of paper ...... The industry was hit by the recession in 2008 and 2009, players Key players such as Verizon continued to focus on finding new growth opportunities to transform their businesses. Future growth of the sector will be driven particularly by demand for broadband data, wireless and enterprise services. In the United States, this growth depends on developments in several areas: increased customer demand, successful industry consolidation and continued regulatory improvement. The pace of demand will play an important role in the growth of telecommunications. Rapid technological advancements, enabled by global investment and deployment of IP, fiber and wireless broadband, continue to transform the nature of the industry and add capabilities for customers. Verizon, with its strong base of wireline and wireless assets, is well positioned to maintain its status as a global leader in communications services..