Customer center

We are a boutique essay service, not a mass production custom writing factory. Let us create a perfect paper for you today!

Example research essay topic: Chief Executive Officer Joint Venture - 1,595 words

NOTE: Free essay sample provided on this page should be used for references or sample purposes only. The sample essay is available to anyone, so any direct quoting without mentioning the source will be considered plagiarism by schools, colleges and universities that use plagiarism detection software. To get a completely brand-new, plagiarism-free essay, please use our essay writing service.
One click instant price quote

Verizon Wireless Verizon Wireless is one of the global largest providers of communication services. Verizon companies are the leading suppliers of wireless communications in the United States. At the present time, the company has the largest nationwide wireless voice, data network and more than 30 million customers. Verizon is also the largest directory publisher in the world.

Verizon has a fortune of 10 companies with approximately $ 67 billion in annual 2002 revenues and 229, 000 employees. The company manages business in the Americas, Europe, Asia and the Pacific, extending to 33 countries in the world. Verizon Communications Inc. , based in New York and incorporated in Delaware, was formed on June 30, 2000. The national communications company was organized through the merger of Bell Atlantic Corp. and GTE Corp. Verizon began trading on the New York Stock Exchange (NYSE) under its new "VZ" symbol on Monday, July 3, 2000. "Our merger, our wireless joint venture and our new broadband combinations have given us the best set of assets in the industry, " said Verizon Chairman and CEO Charles R.

Lee. "Accounting for these activities has been a complex process, but we have worked through all of the puts and takes and established a clear baseline on which to build realistic expectations for sustainable, long-term double-digit earnings growth. " 1 The companies symbol VZ was chosen as it consists of the two letters of the Verizon logo. It is designed to portray speed. At the same time, it expresses the companys essence which is embodied in the latin word veritas. This word means certainty and reliability the same as forward-looking and visionary. In August 8, 2000, the company revised its financial vision in light of the impact of the merger.

It also overview the de consolidation of Genuine, Inc. and the organization of Verizon Wireless. Verizon Wireless became the number one mobile phone provider in the US. It is a joint venture between Verizon Communications (55 percent) and Vodafone Group plc (45 percent). Verizon President and co-CEO Ivan Seidenberg said, "we have been transforming ourselves around the markets and technologies of the future while delivering strong operating results in our core businesses and our new, high-growth opportunities. We have an excellent platform of operations on which to build customer satisfaction and share owner value, and our new guidance will give full visibility to our results. " Verizon reached it post-merger revenue target which grew to 8 to 10 percent a year.

To be more precise, Verizon retains a 9. 5 percent interest. Goodwill resulting from the formation of Verizon Wireless, the company's wireless business. The contribution by Vodafone Air Touch of its U. S. wireless assets to the venture is counted to be a purchase. (1).

While Verizon is truly a 21 st century company -- the largest provider of local and wireless telecommunications in the United States, the mergers that formed Verizon were several years in the making, involving companies with roots that can be traced to the beginnings of the telephone business in the late 19 th century. Government regulation largely shaped the evolution of the industry throughout most of the 20 th century. Then, with the signing of the Telecommunications Act on Feb. 8, 1996, federal law directed a change to more market-based policies. This promise of a new competitive marketplace appeared to be a driving force behind Verizon's formation. 2 To understand the benefits of the merger, we have to look at the expense side of this matter.

Besides, the synergy phenomenon of the merger gives a great benefit for Verizon organization. The management of the company plans to be more aggressive in our cost controls regarding the economic slowdown. It looks like the company makes excellent progress on merger integration, and also reacting to the economic impacts in a timely manner. Verizon's strategy focus on cost and productivity will produce remarkable benefits with the economic situation improvement.

The companys commitment to investing in the growing and perspective businesses will pay greatly back in the future. Merger-related expense savings and cost-control tools enables the Verizon organization to keep increases in cash expenses up to 1. 8 percent. At the same time, the company continues to invest in high-growth products and services. Verizon Wireless have some large business partners. Verizon and Lucent announced a three-year, $ 5 billion contract. It makes Lucent the largest supplier of Verizon Wireless' third-generation, high-speed mobile network infrastructure.

Verizon Wireless expect to introduce high-speed mobile Internet services without significant additional investment in new station facilities, with the help of the suppliers services and software. This upgrade will profoundly increase the existing network's voice capacity and increase data-transmission speeds by expected 10 times. The close of this deal between our two companies greatly enhances the customer base of Verizon Wireless operations in the ever-growing Southeast, expanding our business southwest from Atlanta into parts of Alabama and further southeast to the Atlantic coastline, including Savannah, Georgia, " said Jim Mc Gean, president of Verizon Wireless Georgia. 3 Verizon's management is very active in making acquisitions, and signing contracts with different companies, looking for the synergetic output. It is found to be the companys strategy vision of the development of the organization. Within the last three years, regardless of the economic difficulties, the company keeps the leading position and wins the market. Another important step was made when Verizon Wireless formed a limited partnership with Price Communications Wireless, managed by Verizon Wireless.

It consists of Price Communications' wireless operations and certain Verizon Wireless assets. Price Communications Wireless served approximately 500, 000 customers in 16 markets throughout Georgia, Alabama, South Carolina and Florida. The company's wireless licenses covered approximately 3. 5 millions of people. The employees of Verizon Wireless are always very excited about the acquisition. As they say they are thrilled to be able to provide quality service to the customers.

They are looking forward to integration delivering quality service to the customers. Verizon Wireless digital customers with Web-enabled phones who subscribe to Mobile Web now have convenient wireless access to AOL Mail and other AOL content including the latest news, financial information, driving directions, and local events. It also includes entertainment information via AOL's, popular interactive brands, including MapQuest and Moviefone. The companys plan is to extend the horizons of the service provision for the customers. Verizon launches the AOL (R) Instant Messenger (TM) service, the leading instant messaging. John Stratton, vice president and chief marketing officer for Verizon Wireless, said, "As we continue to augment Mobile Web with content our on-the-go customers want, AOL brings great features to our service.

This relationship exemplifies and validates the strength of our network and our strategy to lead with data services, and makes Verizon Wireless a natural choice for consumers. " Speaking about the organization structure, Verizon has a centralized structure with Ivan Seidenberg as the chief executive officer for Verizon. On March 11 th, 2002, Verizon announced the acceleration of the transition of Mr. Seidenberg to sole CEO, effective April 1, 2002. Mr.

Seidenberg began his communications career more than 35 years ago as a cable splicer's assistant. His career has various leadership positions at AT&T and NYNEX. 4 Dennis F. Strigl, Executive Vice President, Verizon Communications and President and Chief Executive Officer, Verizon Wireless. Dennis F. Strigl is executive vice president of Verizon Communications, and president and CEO of its domestic wireless business, Verizon Wireless, which includes the U.

S. assets of Bell Atlantic, GTE and Vodafone Air Touch. (2). According to the Technology Business Research's competitive benchmark, Verizon Wireless and Cingular Wireless are the leading mobile operators in the United States with 24 % and 18 % of subscribers, respectively. Leveraging its size advantage and 3 G migration path based on cdma 2000, Verizon Wireless can focus on improving profitability. However, Verizon Wireless's future in the global market is uncertain since it has a very precarious relationship with its joint venture owner Vodafone, which may be looking forward to selling off its stake to stop the business relations. At the current situation, mobile operators are most challenged to understand their competitive position in providing mobile data services, software and applications with or without partnerships and alliances, including with IT participants such as IBM, Hewlett-Packard/Compaq, Electronic Data Systems, PricewaterhouseCoopers and Microsoft. 5 Verizon Wireless uses many ways to meet marketing opportunities.

The company sponsor football games at Huskie Stadium, men's and women's basketball games at Evans Field House and other major events at the Anderson Hall Aquatic Center and Convocation Center. In such a way Verizon attempts to target its consumer audience. The logo of the company is prominently displayed at Huskie Stadium, on the main scoreboard and on a field icon. At the other athletic facilities, the Verizon Wireless logo and messages appear on the main scoreboard, head scorer's table and press row tables. Verizon Wireless said its deal with NIU allows the company to participate in seasonal promotional events and to be identified as a Huskie Team Partner on all events broadcast on the Huskie Sports Radio Network. 6 It is said that the future of the U.

S. mobile operators depends on several key factors. Globalization is one of the main factors. It describes how well the operator is positioned to partner or be acquired by a global mobile operator.

The ability to survive in a maturing competitive market is essential. The ability to fund and build networks, scale operations and establish a global brand also appears to be the main factor. Fourth: ability to deliver data applications, software and mobile Internet services and, finally, the...


Free research essays on topics related to: bell atlantic, vice president, joint venture, executive vice, chief executive officer

Research essay sample on Chief Executive Officer Joint Venture

Writing service prices per page

  • $18.85 - in 14 days
  • $19.95 - in 3 days
  • $23.95 - within 48 hours
  • $26.95 - within 24 hours
  • $29.95 - within 12 hours
  • $34.95 - within 6 hours
  • $39.95 - within 3 hours
  • Calculate total price

Our guarantee

  • 100% money back guarantee
  • plagiarism-free authentic works
  • completely confidential service
  • timely revisions until completely satisfied
  • 24/7 customer support
  • payments protected by PayPal

Secure payment

With EssayChief you get

  • Strict plagiarism detection regulations
  • 300+ words per page
  • Times New Roman font 12 pts, double-spaced
  • FREE abstract, outline, bibliography
  • Money back guarantee for missed deadline
  • Round-the-clock customer support
  • Complete anonymity of all our clients
  • Custom essays
  • Writing service

EssayChief can handle your

  • essays, term papers
  • book and movie reports
  • Power Point presentations
  • annotated bibliographies
  • theses, dissertations
  • exam preparations
  • editing and proofreading of your texts
  • academic ghostwriting of any kind

Free essay samples

Browse essays by topic:

Stay with EssayChief! We offer 10% discount to all our return customers. Once you place your order you will receive an email with the password. You can use this password for unlimited period and you can share it with your friends!

Academic ghostwriting

About us

© 2002-2024 EssayChief.com