Skip to Content
A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily.
In his third year as CEO, Hans Vestberg continued to do what he promised Verizon’s board he would do when he interviewed for the top job in 2018: focus on 5G wireless. Spending $18 billion in 2020, Verizon doubled the number of cities with its superfast 5G technology to over 60 and added another slower layer of 5G that provided nationwide coverage (even if it was not much faster than 4G). With the speedier version of Verizon's 5G service ranked as the world’s fastest, Apple invited Vestberg on stage to help introduce iPhone 12 models that are compatible with the technology. The carrier also added a partnership with Microsoft’s Azure cloud service to offer connections over its 5G network, following an earlier deal with Amazon. In early May 2021, meanwhile, Verizon took a big step away from being a content provider, selling its media group—which includes the AOL and Yahoo brands—to private equity firm Apollo Global Management.
Lists ranking Verizon Communications
World’s Most Admired Companies - 2022Just as it dominates our economy, Big Tech now dom...READ MOREview in list
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list
Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list