Verizon Communications
Verizon Communications provides telecommunications, information, and entertainment services to consumers, businesses, and government customers worldwide. It delivers wireless voice and data services, broadband internet, and video offerings, as well as devices and accessories through its consumer channels. In its business segment, the company offers private networking, cloud connectivity, software defined networking, and Internet protocol based voice and collaboration tools, along with security services, managed services, and data solutions. Verizon supports enterprise and government customers with IoT solutions, installation and maintenance services, and connectivity for a range of applications. The company also furnishes wholesale network access and partners with other firms to develop innovative 5G and edge computing capabilities. Through its broader portfolio, Verizon aims to connect people and devices, delivering integrated telecommunications and digital services on a global scale.
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Past deals in Puerto Rico
TracFone Wireless
Acquisition in 2020
TracFone Wireless, Inc. is a Miami-based provider of prepaid wireless phone services, established in 1996. The company specializes in no-contract plans that cater to diverse lifestyles and budgets, allowing customers to retain unused data, texts, and minutes through its unlimited carryover feature. TracFone offers a range of services, including international long-distance calling, ringtones, games, voicemail, and technical support. Customers can purchase cell phones and airtime cards both online and at retail locations throughout the United States, Hawaii, Alaska, and Puerto Rico. Formerly known as Topp Telecom, Inc., TracFone adopted its current name in 2000 and has since operated as a subsidiary of America Movil S.A.B. de C.V. The company aims to provide simple and effective telecommunications solutions, empowering millions of Americans to stay connected with their loved ones.
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