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Competitive Strategies and Government Policies Verizon

Verizon Verizon is one of the leaders in technology for residential, business, and wireless technology. Verizon Company was established on April 4, 2000 with a joint venture from Vodafone, Air touch and Bell Atlantic with a $90 billion merger. Verizon is leader in 4G LTE technology in the cell phone industry dominating the market amongst the monopolistic market with companies such as, Sprint, T-Mobile and AT&T. The drive for technological advances goes beyond thinking for today advancements; it goes beyond the concept and looks for ways in the future to build a better technology. Verizon has diversified their workforce by employee ethnicities from different nationalities on their executive board. Verizon also has a diversity of 73,800 over the nation. The revenue margin for Verizon has increased over the year in 2012 the gross profit of $75.9 million. Verizon has won many awards for technology, innovation, leadership. Corporate citizenship, diversity, and customer care. Verizon customer experience has been proved and tested to be of the best in the technology industry. Verizon provides 24/7 customer service and over 1900 kiosk and employees are trained for a minimum of 37 days of extensive training to provide the best customer service.

Market Mobile phones seem to be a necessity for the new and old generation. Mobile phone customers are using this technology for various means of communications and experiences; such as photo uploading, social media, music, browsing, and networking for a more effective business. Some top competitors in the phone market with nationwide coverage are Verizon, AT&T, and T-Mobile. Tessler (2013), “Wireless companies are clamoring for more airwaves to keep up with the explosive growth of online

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